Government Plans Cap On Renewable Energy Revenues
Renewable energy generators and nuclear power plants could have their revenues capped under a new government plan. The move could hit the... Read More
Liz Truss Facing Pressure To Ensure Benefits Rise In Line With Inflation
Liz Truss is coming under pressure from Tory MPs to ensure benefits rise in line with prices, with minister Penny Mordaunt arguing... Read More
Ground Should Have Been Laid For Tax Cuts – Liz Truss
Liz Truss has admitted she should have “laid the ground better” for her mini-budget after it sparked days of market turmoil. The... Read More
PM To Meet Head Of OBR Following Market Turmoil – Mini Budget
The prime minister will meet the head of Britain’s independent forecaster on Friday after days of market turmoil. In an unusual move,... Read More
Treasury Rejects U-Turn On Mini-Budget Despite Turmoil
The government will not abandon its mini-budget despite the Bank of England having to step in amid market turmoil, a Treasury minister... Read More
Bank of England Economist Hints At ‘Significant’ Rate Rise
The Bank of England has hinted it is prepared to ramp up interest rates in response to the recent slump in the... Read More
IMF Sounds Alarm On UK Tax Cut Plans
The International Monetary Fund has openly criticised the UK government over its plan for tax cuts, warning that the measures are likely... Read More
Electric Car Charging Costs Nearing Petrol Prices For Some – RAC
The cost of charging an electric car has surged due to the rise in energy prices, prompting fears it will put off... Read More
Pound Slumps To All-Time Low Against Dollar
The pound has fallen to its lowest level against the US dollar since decimalisation in 1971. In early Asia trade, sterling fell... Read More
Kwasi Kwarteng Defends Massive Tax Cuts As Fair For All
Kwasi Kwarteng has said massive tax cuts aimed at boosting economic growth are fair for all despite the highest earners gaining the... Read More