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EasternEye
easterneye.biz > iran-conflict-uk-costs-10bn-households-373m-week

Iran Conflict Has Cost Britain Nearly £10bn — Here’s What Households Face Next

8+ hour, 1+ min ago   (982+ words) Higher oil and gas prices have already added £4.7bn to road fuel costs, while another £5bn in energy costs is expected to feed through to household and business bills Higher oil and gas prices since the Iran conflict began are pushing up…...

EasternEye
easterneye.biz > the-iran-conflict-has-cost-britain-almost-ps10bn-households-face-another-ps373m-a-week

The Iran conflict has cost Britain almost £10bn: Households face another £373m a week

8+ hour, 34+ min ago   (1156+ words) Higher oil and gas prices have already added £4.7bn to road fuel costs, while another £5bn in energy costs is expected to feed through to household and business bills Higher oil and gas prices since the Iran conflict began are pushing up…...

Google News
easterneye.biz > uk-inflation-2-9-percent-energy-bills-cost-of-living

UK Inflation Hits 2.9%: Fresh Cost-of-Living Pressure on Households

1+ week, 3+ day ago   (994+ words) UK households faced fresh pressure in July as inflation rose to 2.9 per cent, official figures showed on Wednesday, driven by a 13 per cent rise in the household energy price cap amid the ongoing US-Iran war. Vivek Mishra is an assistant…...

EasternEye
easterneye.biz > uk-inflation-cost-of-living-energy-bills-us-iran-war

UK households face fresh pressure as inflation jumps to 2.9 per cent

1+ week, 3+ day ago   (989+ words) UK households faced fresh pressure in July as inflation rose to 2.9 per cent, official figures showed on Wednesday, driven by a 13 per cent rise in the household energy price cap amid the ongoing US-Iran war. Vivek Mishra is an assistant…...

EasternEye
easterneye.biz > ps12500-in-savings-can-now-trigger-a-tax-bill-if-you-earn-more-than-ps50000

£12,500 in savings can now trigger a tax bill if you earn more than £50,000

2+ week, 9+ hour ago   (1379+ words) Higher interest rates and frozen tax allowances are pulling millions more savings accounts into the tax net Higher interest rates mean savers can now breach their tax-free savings allowance with much smaller balances Britons earning more than £50,000 could face an…...

EasternEye
easterneye.biz > london-90000-white-collar-jobs-regional-cities

London Could Lose 90,000 White-Collar Jobs as Firms Cut Costs

2+ week, 3+ day ago   (871+ words) London could lose thousands of professional jobs as businesses look to cut costs and make greater use of regional talent Up to 90,000 professional jobs could move from London to regional cities by 2031 London could be on the verge of losing…...

EasternEye
easterneye.biz > strait-of-hormuz-uk-economy-ey

"Ongoing Disruption Will Test Resilience": How Extended Strait of Hormuz Closure Could Spike UK Inflation to 6.4% and Trigger 2027 Contraction

3+ week, 5+ day ago   (776+ words) An EY report says a prolonged closure of the world's most important oil shipping route could fuel inflation, delay rate cuts and shrink Britain's economy The Strait of Hormuz carries around one-fifth of the world's oil and gas supplies. Teena…...

EasternEye
easterneye.biz > why-uk-losing-millionaires-five-key-reasons

Why the UK Is Losing Its Millionaires Faster Than Expected

1+ mon, 1+ day ago   (1106+ words) New analysis suggests a mix of higher interest rates, tax changes and shifting wealth patterns are shrinking Britain's millionaire population Britain's millionaire population is shrinking, but the reasons remain open to debate Teena Jose is a business journalist at Eastern…...

EasternEye
easterneye.biz > bank-of-england-interest-rates-uk-economy-inflation

Bank of England set to hold rates despite rebound in oil and gas prices

1+ mon, 2+ day ago   (1186+ words) Vivek Mishra is an assistant editor at Eastern Eye covering British Asian affairs and developments in UK and South Asian politics. With 14 years of experience in digital journalism, his interests include politics, international relations, business, current affairs and sports. The…...

Google News
easterneye.biz > britons-keeping-1-million-cash

Why 33,700 Britons Keep Over £1 Million in Cash

1+ mon, 4+ day ago   (1326+ words) New figures suggest wealthy savers are still favouring cash even as the Government pushes households towards investing in stocks and share Wealthy Britons continue to park millions in cash despite stronger long-term returns from investin Teena Jose is a business…...