Over half of councils could go bust this year warns report

More than half of senior council figures are warning that their councils are likely to go bust in the next parliament unless local government...

Food inflation at lowest rate since May 2022

Food inflation has slowed to its lowest rate since May 2022 amid easing energy and fertiliser costs and fierce competition among retailers, figures show. According...

Chancellor told the case for budget tax cuts is very weak

The Chancellor Jeremy Hunt has been warned by the not to announce tax cuts if he cannot “spell out” where spending cuts will fall. Economists at...

UK job market in decline – new data shows 500,000 additional workers in insecure...

More than half a million additional people moved into severely insecure work in the UK last year, meaning they face low pay, unpredictable hours...

Baby formula Market to be investigated by Competitions Authority

The price of baby formula is under investigation by the Competition and Markets Authority. A report back in November found that prices had risen by...

Energy price cap set to fall by 15 per cent in April

Energy bills are forecast to fall by 15% in April thanks to mild winter weather, to an average of £1,635 per household, per year. The...

Retail sales jump in January with supermarkets contibuting biggest increase

British retail sales jumped by the most in almost three years in January as consumers recovered their appetite for spending. Sales volumes increased by 3.4%...

U.K. falls into recession after economy shrinks by more than forecast at end of...

GDP fell 0.3 percent in the last three months of 2023, ONS figures released this morning now show It’s the second shrinkage in a...

Spaces to make-do and mend would bring new life into high streets, study says

paces to remake and mend clothes would bring much-needed life back into shopping centres and high streets, a new study says. Efforts to wean people...

Inflation steady at 4 per cent despite energy price rises

CPI inflation in January remained at its December level of 4.0 per cent – slightly weaker than the 4.1 per cent the Bank of...