Reeves pushes Bank of England to prioritise climate change alongside economic growth
Rachel Reeves is expected to make climate change a core priority for the Bank of England in her first Budget as Chancellor, calling on Governor Andrew Bailey to give environmental concerns the same weight as economic growth. This shift, conveyed in
Investors pull £300m from UK stocks amid inheritance tax fears
Rachel Reeves’s anticipated inheritance tax (IHT) changes have sparked a sharp sell-off in UK stocks, with investors withdrawing nearly £300m from funds invested in small UK companies last month, according to Morningstar Direct. This represents a significant increase from the £80m
UK minimum wage to rise to £12.21 in 2025
The UK’s minimum wage will rise to £12.21 an hour for over-21s in April 2025, marking a 6.7 per cent increase from the current £11.44, the Chancellor has announced ahead of the Budget. This move, affecting over three million workers, aligns
UK shop price inflation falls to three-year low as food prices ease
UK shop price inflation has reached its lowest point in over three years, providing a welcome reprieve for consumers and raising hopes for potential interest rate cuts. According to data from the British Retail Consortium (BRC) and NielsenIQ, annual shop prices
Bitcoin surges to $72,000 as investors eye trump election prospects
Bitcoin’s price soared past $72,000 on Tuesday, reaching a six-month high as investors speculated on the outcome of the US presidential race. Trading in New York saw the cryptocurrency climb 3.9 per cent to $72,784.40, edging closer to its record peak