News
Pubs to get support package after business rates backlash
1+ hour, 36+ min ago (625+ words) Pubs and music venues in England will be given a 15% discount on their business rates bills from April and will not see increases for two years, the government announced. Treasury Minister Dan Tomlinson said the three-year package was worth "1,650 for…...
Significant fall in government borrowing in December, figures show
5+ day, 8+ hour ago (662+ words) UK government borrowing was significantly lower last month, due to more income from taxes and higher National Insurance Contributions outweighing spending, figures show. In December government borrowing - the difference between public spending and tax income - was "11.6bn, the Office for National…...
UK inflation rises for first time in five months - but one-off factors blamed
6+ day, 8+ hour ago (957+ words) Higher tobacco prices and airfares pushed the UK rate of inflation higher for the first time in five months, official figures show. The rise to 3.4% in the year to December was higher than expected with most economists predicting only a…...
As it happened: UK inflation climbs to 3.4% as tobacco and airfares drive rising prices
6+ day, 8+ hour ago (1801+ words) The UK inflation rate rises to 3.4% in the year to December Rising prices were driven partly by higher tobacco prices and airfares, the Office for National Statistics says What is inflation? It's the rate of price increases over time, measured…...
Wage growth slows as number of people employed falls
1+ week, 21+ hour ago (1095+ words) Wage growth in the UK eased to 4.5% between September and November, official figures suggest, following a sharp slowdown in private sector pay increases. The pace of pay growth for those employed by private businesses slowed to the lowest rate in…...
China hits growth goal after exports defy US tariffs
1+ week, 1+ day ago (986+ words) China reported the world's largest-ever trade surplus last week China said its economy expanded by 5% last year, meeting Beijing's official target as a record trade surplus boosted growth. The world's second-largest economy reached its goal despite growth slowing to 4.5% in…...
Clarion denies overcharging Great Bookham residents for heating
1+ week, 6+ day ago (436+ words) Residents of a retirement complex in Surrey believe they could each be owed as much as "400 for charges issued during a two-year period when the building's heating was broken. Michael Heelas, who lives at Turville Court in Great Bookham, said…...
Scottish Budget 2026-27: Key points at a glance
2+ week, 2+ hour ago (745+ words) Finance Secretary Shona Robison has announced the Scottish government's tax and spending plans for the next financial year. The budget covers measures controlled by the Scottish parliament and comes just four months before the next Holyrood election. Here is a…...
Former Fed chairs condemn criminal investigation into Jerome Powell
2+ week, 1+ day ago (1038+ words) Former Fed chair and US Treasury Secretary Janet Yellen is one of several economic policy leaders to rally behind Jerome Powell Three former heads of the US central bank on Monday strongly criticised a criminal investigation into chair Jerome Powell,…...
UK set for a 'booming' mortgage market, say analysts
2+ week, 1+ day ago (924+ words) Competition among lenders suggests that mortgage rates could be cut in the coming weeks, according to brokers and analysts. In a newly-published report, financial information service Moneyfacts said "expectations are high for a booming market in 2026". Its data shows the…...