News

Bank of England Governor Supports US Concerns Over Global Trade Imbalances

Bank of England Governor Andrew Bailey has expressed support for concerns raised by the Trump administration regarding global trade imbalances,…

UK Inheritance Tax Hits Record £8.2 Billion as Families Face Growing Tax Burden

Inheritance tax (IHT) receipts have soared to a record £8.2 billion in the 2024-25 tax year, marking a significant rise…

Eight Million More Britons to Face Higher Income Tax by 2030 Due to Frozen Thresholds, OBR Warns

More than eight million people in the UK will be pulled into higher income tax bands or into the tax…

Taskforce Urges Government to Tackle Employment Gap for Older Workers

The UK government must urgently ramp up efforts to improve employment prospects for older workers if it is to meet…

China’s Economy Surprises with Strong Q1 Growth, but US Tariffs Threaten Outlook

China’s economy grew faster than expected in the first quarter of 2025, expanding by 5.4% year-on-year, driven by a surge…

UK Inflation Drops to 2.6% in March, Easing Pressure on Households and Policymakers

UK inflation fell to its lowest level in five months in March, offering welcome relief to households and strengthening the…

Tech Firm Booked it Secures £2.5M Investment to Fuel Growth in Experience Economy

Fast-rising technology firm Booked it has secured £2.5 million in growth capital from Calculus Capital to accelerate its expansion in…