84 results for "Sunak"

Alan Brown, an SNP MP, has asked the UK government to "do the right thing" and the Labour Party "to commit" to his State Pension Age (Compensation) Bill "if they...

According to reliable government sources, Chancellor Jeremy Hunt is currently mulling over further National Insurance reductions. The announcement of tax policy scheduled for September is generating growing impatience about the tax...

According to new UK government welfare reform proposals, more than one million people with mental health disorders might lose Personal Independence Payments (PIP) worth up to £737.20 every four weeks...

Prime Minister Rishi Sunak is likely to announce a new crackdown on DWP benefits claimants later today, following a post-pandemic spike in people being ruled unfit to work, with the NHS...

The UK is on the cusp of a historic shift towards a healthier future, amid plans to introduce radical smoking ban laws. The aim of this legislation is to eliminate...

According to data released on Tuesday, the UK job market lost a little more of its inflationary heat, which gave the Bank of England some respite. However, persistent underlying issues...

According to the Office for National Statistics, the UK economy saw a 0.1% increase in Gross Domestic Product (GDP) in February of this year, following a 0.3% rise in January....

The UK is undergoing an unprecedented government initiative to curb the rising levels of retail crime and violence against the workforce. Proposed measures include not only tougher punitive measures, but...

April 6 represented an important turning point for 29 million British citizens, as a record reduction in National Insurance Tax Cut came into effect. This transformational event is the result...

UK Prime Minister Rishi Sunak's proposed wine tax changes have raised serious concerns across the industry. The new regulations, due to come into force in February 2025, could lead to...

Britain is currently facing its most significant and sustained rise in the number of working-age adults unable to work due to illness since the 1990s. This highlights the urgent need...

Bank of England Governor Andrew Bailey has indicated that further interest rate cuts are probable this year, given the encouraging signs that inflation is approaching the Bank's target. Interest Rate...

The recent borrowing figures of the UK government have been a surprise to many. The nation's finances seem to be under more strain than anticipated, with a reported borrowing of...

UK inflation dropped to 3.4% in February, the lowest rate for two and a half years, as the annual pace of price hikes started to slow after surging in January....

The UK government has announced plans to temporarily suspend import tariffs on more than 120 products for two years starting April 2026. The aim is to help small and medium-sized...

Official data showed that the UK economy displayed signs of growth in January after experiencing a mild recession in the second quarter of 2023, offering prime minister Rishi Sunak a...

UK households face paying an additional £200 on their energy bills as plans to maintain Britain's lights through the construction of extra gas-powered fire plants will soon take effect. Experts...

The British government has announced a package of £117 million over four years to protect Muslim worship sites and community centres in response to a rise in Islamophobic hate crimes....

Job vacancies in the UK have dropped to their lowest in three years as recruiters delay or suspend their hiring processes. A situation that considerably impacts the country's economy, already...

Manchester airport flights are set to experience a price rise, following the Chancellor's budget announcement of a surge in air traveller duty to assist fund larger reductions to National Insurance....

Regional disparity in the UK's economy remains deep, as the gap between the prosperity of London and the South East and that of the rest of the country continues to...

The Institute for Fiscal Studies (IFS) has warned that Chancellor Rishi Sunak's recent fiscal measures targeting workers and businesses are projected to result in an additional £100 billion in taxes...

A report reveals that the UK's net zero economy experienced a notable surge of 9% in 2023, in stark contrast to the marginal 0.1% growth observed in the overall economy....

The most influential banks globally are expressing scepticism about the Bank of England's macroeconomic assessment. A concerning proportion believes that the Monetary Policy Committee has misinterpreted global developments and is...

The UK's economy, rebounding from a recent recession, exhibits resilience with robust growth in services firms. Despite a surge in business optimism, inflation concerns, heightened by the recent recession, raise...

Understanding the subtleties of Capital Gains Tax (CGT) is essential in the world of personal finance. Gains, i.e. profits made on the sale of assets such as shares, bonds or...

The Bank of England (BoE) has adopted a cautious stance against a backdrop of rising inflation, an energy crisis exacerbated by the war in Ukraine and the lingering effects of...

At a critical moment, the UK is facing a looming council funding crisis that threatens essential services and local finances across England. This pressing issue demands immediate attention and decisive...

In a concerning development, individuals receiving care as mentally ill inpatients have been instructed to participate in jobcentre meetings regarding their benefits, further exacerbating the challenges they already have to...

As the City awaits the new revelations next week, anticipation looms over the fate of the UK economy, hanging in the balance of whether it succumbed to a recession in...

As the UK nears a historic milestone, welfare costs soar, with the working-age benefits bill set to exceed £100 billion this year. This unprecedented expenditure, linked to a surge in...

Starting this Tuesday, a crucial support measure will benefit eight million households dependent on means-tested benefits. This final installment of the cost-of-living boost aims to alleviate the strain caused by...

In a recent statement from Buckingham Palace, it was revealed that King Charles III has been diagnosed with cancer, prompting an outpouring of support from royal family members and political...

Jeremy Hunt remains committed to proceeding with tax cuts, despite the International Monetary Fund (IMF) cautioning that the increasing debt burden and NHS challenges render such cuts unsustainable for Britain....