The price of oil has jumped 5% after US President Joe Biden said the US was discussing possible strikes by Israel on Iran’s oil industry. Asked on a visit if he would support Israel striking Iran’s oil facilities, Biden said: […]
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The Treasury is reconsidering parts of Labour’s manifesto plan to toughen up the abolition of non-domicile tax status. This is on account of concerns over how much money will be raised, should wealthy foreigners simply leave the UK. “Non-dom” describes
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BBC The world’s richest person, Elon Musk, has not been invited to the UK government’s International Investment Summit in response to his social media posts during last month’s riots, the BBC understands. Violence spread across the UK after a stabbing
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The chancellor’s speech at the Labour Party conference was an important and clear change in tone from the government on the economy. Just three weeks ago the PM warned of a “painful Budget”. But in Liverpool, Rachel Reeves said: “My
Is the Budget’s bite going to be rather less painful than its bark? Read More »
Getty Images The longest-running measure of consumer confidence fell sharply in September, raising concerns about whether government rhetoric about Budget “pain” has spooked people. GfK’s Consumer Confidence Index had been recovering after years of rolling crises, higher interest rates and
Economy worries swirl after ‘painful’ Budget warning Read More »
The Treasury expects the new full State Pension to be boosted above inflation by over £400 a year in cash terms, as a result of the Triple Lock next April. The internal working calculations seen by the BBC, reflect the
State pension to be boosted by £400 next year Read More »
