Nearly 1 million people aged over 66 in the UK are living in deprivation, according to government statistics, the highest number since comparable records began.…
View More Nearly 1m UK pensioners living in deprivation, official figures showTag: Economic policy
Minimum wage is UK’s ‘most successful economic policy in a generation’
The minimum wage has driven up the pay of millions of Britain’s lowest earners by £6,000 a year, making it the single most successful economic…
View More Minimum wage is UK’s ‘most successful economic policy in a generation’Income tax likely to go up if national insurance scrapped, Hunt suggests
Income tax may eventually have to be raised to pay for abolishing national insurance, Jeremy Hunt has suggested the day after delivering the government’s spring…
View More Income tax likely to go up if national insurance scrapped, Hunt suggestsBudget 2024: Jeremy Hunt announces 2p cut in national insurance
Jeremy Hunt has announced a 2p national insurance cut in his budget as a pre-election gambit to revive flatlining opinion poll ratings and reboot Britain’s…
View More Budget 2024: Jeremy Hunt announces 2p cut in national insuranceUK pay growth slows less than expected as workers bid up wages
Pay growth slowed less than expected in December, prompting predictions the Bank of England could start cutting interest rates later than previously expected. Earnings growth,…
View More UK pay growth slows less than expected as workers bid up wagesBank of England sticks with 5.25% interest rate but hints at coming cut
The Bank of England has dropped the broadest possible hint that the next move in interest rates will be downwards after forecasting inflation will fall…
View More Bank of England sticks with 5.25% interest rate but hints at coming cutUK risks steep decline without £28bn green economy pledge, Labour warned
Labour’s proposed investment of £28bn a year in the low-carbon economy is an absolute minimum, a leading business figure has said, adding that without green…
View More UK risks steep decline without £28bn green economy pledge, Labour warnedTo get to net zero, we may have to sell off the UK’s future
If Labour forms the next government, as polls suggest, it must provide the private sector with the kind of incentives that will lift investment in…
View More To get to net zero, we may have to sell off the UK’s futureUK should invest in green economy instead of tax giveaways, Lstudy shows
The UK should invest £26bn a year in a low-carbon economy to revive prosperity instead of planning tax giveaways that will only lead to further…
View More UK should invest in green economy instead of tax giveaways, Lstudy showsTriple lock could add £45bn to state pensions bill by 2050, IFS says
Maintaining the triple lock on state pensions could add as much as £45bn to the welfare bill by 2050, putting “insurmountable pressure” on the government…
View More Triple lock could add £45bn to state pensions bill by 2050, IFS says