Conservative MPs have reacted with shock and sorrow to the scale of “blue-on-blue” attacks in the Conservative leadership race – culminating in bitter clashes during ITV’s
The next Prime Minister will have the financial headroom to unlock £60bn of tax cuts for struggling households and businesses as surging inflation floods the state’s coffers with
Listen to the Today Programme discuss Cebr’s ‘Can the UK afford tax cuts’ 18 July Forecasting Eye on BBC Radio 4. https://www.bbc.co.uk/sounds/play/m00199vn
Red-hot inflation means the Treasury is set to take £60billion more in taxes by 2025 than it is now predicting, a leading think-tank has calculated. Rising wages
The election campaign for leader of the Conservative party has been lit up by most candidates promising tax cuts. Obviously, Chancellor Sunak, who is bound
When it comes to his pay packet Andi Case has never been a man to be short-changed, but last year was a truly vintage one
1. Why does inflation happen and what can be done about it? Vicky PryceChief economic adviser at the Centre for Economics and Business Research and co-author with Andy Ross and
IFS think-tank wonks, fans of redistribution and big government are having Burmese kittens about tax cut promises from Tory candidates. Other Tory candidates are brandishing their
Record shipping costs are accounting for up to a fifth of the value of British exports and affecting their competitiveness, according to a recent report.
The EU is urging its member states to reduce the use of heating as Russia cuts gas supplies to Europe. The bloc is trying to find ways to reduce
Many parts of the UK are currently experiencing a sustained heatwave, with predictions of even hotter temperatures to come. The Met Office has issued an
Confidence fell to its lowest point last month since August 2020, according to analysis by YouGov and the Centre for Economic and Business Research. Consumer
Consumer confidence has fallen for the seventh month in a row as accelerating inflation erodes household buying power, figures suggest. Confidence fell to its lowest
Confidence fell to its lowest point last month since August 2020, according to analysis by YouGov and the Centre for Economic and Business Research. Consumer
Hopeful first-time buyers who are holding off on potential house purchases while they wait for prices to fall are in for a nasty shock. Interest rate
The housing market has had to cope with a lot over the past couple of years, from its pandemic closure in March 2020 to the
Millions are draining their savings accounts and halting new contributions as the cost of living bites, storing up long-term problems for the future. More than
European energy markets are holding their breath as Nord Stream pipeline which transfers natural gas from Western Russia to Europe has stopped its gas flows for ten days. A few days ago, it
Record shipping costs are hurting the ability of British companies to export outside the European Union, dampening one of the apparent benefits of Brexit, a
Record shipping costs are hurting the ability of British companies to export outside the European Union, dampening one of the apparent benefits of Brexit, a
The pandemic has come at a huge human cost, with excess deaths in the UK now exceeding 150,000. Long Covid, surging inflation and public service
The UK’s trade figures have been buffeted of late by changes of definition and accounting practices, large flows of ‘erratics’, rising energy and commodity prices
By 2030 China will have overtaken the United States as the world’s largest economy — so says the Centre for Economics and Business Research. China
Will Germans have to take a bath with a friend this winter? Or follow the example of Robert Habeck, their Green vice-chancellor, and keep their
New research from equity release lender more2life has revealed an upward trend in borrowing by the UK’s over-55s, who are expected to borrow £22 billion
It must be made clear globally that this is not a short-term crisis. The World Bank has already warned that higher food prices could cause
The total amount of debt owed by over-55s is set to lift by 37% to £402bn over the next decade, as many retirees struggle with
Landlords who raced to invest in the North East will be hit by £14,000 house price falls next year as the cost of living crisis hammers Britain’s
Homeowners are racing to put their properties on the market before house prices fall. The number of homes being valued by estate agents has shot up as
Not all companies emerge unscathed from the economic downturn spurred by the pandemic. Talent retention and recruitment in the Great Resignation market have become major
A severe recession in Europe is a “near certainty” if Russia turns off supplies of gas, the Centre for Economics and Business Research (CEBR) says.
Europe faces a rising risk of recession because of rising oil and gas prices amid concerns that Russia could turn off supplies completely, economists have
1 Many families do not have the cash reserves to cope with the rapidly rising cost of living because income growth was so poor in the years running
New York equities spent much of the morning in the red, absorbing an industry survey showing slowing growth in the manufacturing sector. But US markets
Last week, Germany triggered stage two of its emergency gas plan, following a significant reduction in Russian gas exports to the Eurozone’s largest economy. Russia’s
Europe faces a ‘severe recession’ if Russia cuts off gas exports to the continent, a leading think tank has warned. The Centre for Economics and
The Department for Work and Pensions has announced a new £22 million support scheme intended to help unemployed people over the age of 50. The package will
The Centre for Economics and Business Research, a think tank, has also downgraded where it thinks house prices will end up. In May, it expected a price
Malaysia has emerged as one of the most sophisticated real-time markets in the world, according to the third edition of the “Prime-Time for Real Time 2022” report.
Malaysia had recorded 1.1 billion real-time payments transactions in 2021, facilitating an estimated US$434 million (RM1.91 billion) in cost savings for businesses and consumers, and
Malaysia is the world’s fifth fastest-growing real-time payments market, with a compound annual growth rate (CAGR) of 26.9 per cent, according to ACI Worldwide’s third
It seems with every passing year the homeownership aspiration shared by so many young Britons becomes an even more distant dream. Surging house prices, soaring
The unpaid services they offer to charities, schools, activity groups like the Scouts and Girl Guides and their families are worth two per cent of
There was a 282% increase in spending on electronic devices off the back of the pandemic with the Home Office increasing spending from £5,514,950 in
The cost of living crisis could push more people to gamble compulsively, claims Martin Preston, an addiction specialist at private rehab centre Delamere. The clinic,
First-time buyers will need to find £4,000 a year more to pay the mortgage when interest rates rise to their highest in a decade. Buyers with
About two fifths of customers at Britain’s Asda supermarkets are buying less and swapping branded items for Asda-brand products where possible to save money amid
The French economy has fallen below that of Brexit Britain after being ahead of the UK in 2011, recent data has revealed. The data from The Centre
Senior economists and an influential MP have demanded a major parliamentary inquiry into the Bank of England’s spectacular failure to predict soaring inflation. Bank Governor
About two fifths of customers at Britain’s Asda supermarkets are buying less and swapping branded items for Asda-brand products where possible to save money amid