The UK economy grew by a marginal 0.1 per cent in the last quarter of 2025, official figures from the Office for National Statistics (ONS) revealed on Thursday, highlighting a slowdown after strong growth in the first half of the year. Analysts had expected a 0.2 per cent rise. On a monthly basis, output rose […]
UK Economy Slows to 0.1% Growth in Final Quarter of 2025 Read More »
UK inflation rose for the first time in five months over the Christmas period, driven by higher tobacco prices following tax increases introduced by Chancellor Rachel Reeves and a sharp rise in airfares, according to official figures. The Office for National Statistics (ONS) said inflation increased to 3.4 per cent year-on-year in December, up from
UK Cost of Living Pressures Return as Inflation Jumps to 3.4% in December Read More »
Unemployment in the UK has remained near a five-year high, while wage growth continued to cool in the months leading up to Chancellor Rachel Reeves’s November budget, official figures show. The Office for National Statistics (ONS) reported on Tuesday that the jobless rate held steady at 5.1 per cent in the three months to November,
Payroll Declines, Wage Growth Slows Amid Rising Joblessness in UK Read More »
Middle earners making up to £52,000 are set to bear the brunt of Chancellor Rachel Reeves’ budget changes, thanks to a “triple whammy” of measures affecting salary sacrifice schemes, income tax thresholds, and student loan repayments, according to analysis by pensions consultancy LCP. The budget froze income tax thresholds and the salary level at which
Budget Freeze Hits UK Workers Earning Up to £52,000 Hardest Read More »
More than 14,000 families were hit with unexpected inheritance tax bills last year after falling foul of the seven year gifting rule, newly released figures reveal. Data obtained through a freedom of information request shows that 14,030 gifts became liable for inheritance tax in 2022 to 2023 because the person who made the gift died
Families Face Millions in Charges as Gifts Fail Inheritance Tax Test Read More »
