[ad_1] Countries with less strict environmental laws are expected to face taxes on their products sent to the UK under plans designed to protect British manufacturers. Grant Shapps, the energy…
Tag: UK economy
Saudi National Bank chairman quits after triggering Credit Suisse turmoil – latest updates
[ad_1] A buyer has been found for Silicon Valley Bank, the troubled US regional lender which sparked global turmoil in the banking sector following its sudden collapse earlier this month.…
Jeremy Hunt’s shelved state pension plan will cost taxpayers £250 a year
[ad_1] Jeremy Hunt’s decision to shelve changes to the state pension age will cost taxpayers the equivalent of £250 each per year, new analysis shows. The Chancellor’s plan to abandon…
Deutsche Bank slumps amid fresh banking crisis fears – latest updates
[ad_1] Retail sales rose by more than expected last month boosted by strong sales in discount department stores. Economists had predicted a 0.2pc rise but this was blown out of…
More banks will fail as interest rates rise, warns L&G chief – live updates
[ad_1] The Bank of England faces a “difficult balancing act” as it makes its next decision on interest rates at lunchtime, according to analysts. Its Monetary Policy Committee is likely…
London stock market £200bn smaller than Paris
[ad_1] Paris has extended its lead over London as Europe’s largest stock market amid an exodus of companies from the City. The London market is now $250bn (£204bn) smaller than…
Inflation rises unexpectedly as rationing pushes up food prices – latest updates
[ad_1] Inflation has increased to 10.4pc, handing a blow to the Bank of England ahead of its decision on the next move for interest rates tomorrow. Policymakers have faced calls…
State pension age plan shelved as life expectancy falls
[ad_1] But the problems with life expectancy and long-term health long-predate the pandemic, says Veena Raleigh, senior fellow at the King’s Fund, a healthcare think tank. Life expectancy growth had…
‘Contagious bank runs’ to blame for current turmoil, says US Treasury Secretary
[ad_1] Public sector net borrowing in February stood at £16.7bn in February – a record number for the month. It was £9.7bn more than the same month last year and…