Business minister raises the alarm on the tourist tax, saying the government is ‘very concerned’ about its impact on companies

By Harriet Line Published: 01:34 GMT, 1 December 2023 | Updated: 01:55 GMT, 1 December 2023 A Business minister yesterday revealed the Government is ‘very concerned’ about the impact of the tourist tax on companies. Kevin Hollinrake said Cabinet colleagues would ‘make our views known very strongly’ to the Treasury as it reviews whether to … Read more

OBR warns house prices could fall almost 5% next year taking the average price of a home to £266,000 and won’t recover to their 2022 peak until 2027 – when average interest rates will be 5%

By David Wilcock, Deputy Political Editor For Mailonline Published: 17:15 GMT, 22 November 2023 | Updated: 17:15 GMT, 22 November 2023 Average house prices will fall by almost £25,000 next year and they are unlikely to recover to their 2022 high until 2027, experts warned today. The Office for Budget Responsibility (OBR) also said that … Read more

MPs urge supermarkets to create ‘Buy British’ sections on their websites to make it easier for patriotic shoppers to choose home-grown food while boosting the economy and UK farming

MPs urge supermarkets to create ‘Buy British’ sections on their websites to make it easier for patriotic shoppers to choose home-grown food while boosting the economy and UK farming By David Wilcock, Deputy Political Editor For Mailonline Updated: 11:42 BST, 22 August 2023 UK supermarkets are being urged to create standalone ‘Buy British’ section on … Read more

Jeremy Hunt unveils plan to boost City by loosening credit crunch rules

Post-Brexit ‘big bang’ for the City: Chancellor Jeremy Hunt unveils plan to slash EU red tape and loosen credit crunch capital rules to unlock £100bn of investment Chancellor Jeremy Hunt has unveiled measures to boost the UK financial sector ‘Edinburgh reforms’ will cut EU red tape and loosen some credit crunch era rules Mr Hunt … Read more

Average energy bills to rise to £3,000 a year from April – Jeremy Hunt’s Autumn Budget 2022 unveils

Average energy bills will rise to £3,000 a YEAR from April but Jeremy Hunt confirms poorest will receive extra support with eight million households to get £900 payments Average energy bills will rise to £3,000 a year in April under altered plans Chancellor confirms changes to ‘Energy Price Guarantee’ from next year Millions of households now … Read more

Autumn Budget 2022: ‘We’re all doomed!’ Social media users react to Jeremy Hunt’s autumn statement

‘We’re all doomed!’ Social media users react to Jeremy Hunt’s Autumn Statement with deluge of memes as he unveils tax hikes and spending cuts that hits middle-earners the hardest Social media exploded with memes following Jeremy Hunt’s Autumn Budget One borrowed famous ‘We’re Doomed’ catchphrase from sitcom Dad’s Army Another likened the announcement to apocalypse scene … Read more

AUTUMN BUDGET 2022 RECAP: Jeremy Hunt defends brutal Autumn Statement

AUTUMN BUDGET 2022 RECAP: How Jeremy Hunt defended his brutal Autumn Statement by claiming £25billion in tax rises shows he is facing up to difficult decisions after Nigel Farage accused Chancellor of ‘declaring war on small business’ Recap on MailOnline’s main coverage of the 2022 autumn statement HERE  By Jack Wright For Mailonline Published: 08:31 … Read more

Arthur Scargill returns to the picket lines for second time as he joins rail workers on strike

Former leader of the National Union of Mineworkers Arthur Scargill has been spotted on the picket line for a second day – standing in solidarity with Mick Lynch’s mass rail strikes. The far left firebrand was previously seen with strikers from The National Union of Rail, Maritime and Transport Workers (RMT) at Westgate Train Station … Read more

NHS nurse says she skips meals so her children can eat

‘I skip meals so my children can eat’: NHS nurse and mother-of-three who’s left with just £80 a week after bills says she’s ‘at breaking point’ but has to ‘find a way’ for the sake of her family Rebeccah, from Leicester, is a part-time radiology nurse and a mother of three After paying bills, she … Read more

UK moves a step closer to joining £8trillion trans-Pacific trading club

Britain moves a step closer to joining £8trillion trans-Pacific trading club including Australia, Canada, Japan and Mexico UK has entered final stage of accession process to trans-Pacific trading group Group including Australia, Canada, Japan and Mexico has GDP of £8trn-plus Joining is central to Boris Johnson’s pivot away from EU to faster-growing areas  By James … Read more

UK households are borrowing more and saving less as inflation surges, Bank of England figures reveal

Households are borrowing more and putting less money into savings, according to Bank of England figures. Some experts pointed to the statistics as evidence of people trying to maintain their lifestyles as their incomes are battered by high Inflation. They also said the figures suggest householders are starting to dip into extra savings built up … Read more

Retired engineer becomes first person in England to supply households with cheaper green energy

A retired engineer has become the first person in the country to supply local households with cheap green energy from his own wind turbine.  Pete Bailey, 69, provides 17 households with electricity from his 50kw turbine, which is located on his land in Salwayash near Bridport, Dorset, as part of a pioneering scheme. The renewable generator … Read more

Inflation may give homeowners MORE mortgage pain after Bank of England base interest rate rise

Millions of homeowners face MORE mortgage pain in new year: Bank of England’s chief economist warns ‘a lot more rate hikes’ could come if inflation persists Huw Pill was today asked whether there would be ‘a lot more rate hikes to come’ Asked if it may come if inflation stayed the same, he said: ‘Well … Read more