Apr 23, 2024 | Current Affairs
The Government's borrowing for the year ending March 2024 was £120.7bn, according to the Office for National Statistics (ONS). This figure is lower than last year's but still £6.6bn more than the forecast by the Government's independent forecaster, the Office for...
Apr 22, 2024 | Current Affairs
Resolution Foundation, a leading think tank, has cautioned that sustained high interest rates could significantly increase the cost of the UK's shift to renewable energy, potentially adding £29 billion annually to household energy bills by 2050. These higher costs are...
Apr 18, 2024 | Current Affairs
The UK job market appears to be weakening as the unemployment rate rose to 4.2% between December and February, marking the highest level in six months, according to the Office for National Statistics (ONS). This increase from the previous rate of 3.9% in January...
Apr 17, 2024 | Current Affairs
UK inflation fell to 3.2% in the year to March, the lowest rate in over two years, down from 3.4% in February, as per the Office for National Statistics (ONS) While inflation has been on a downward trajectory since peaking at 11.1% in late 2022, prices are still...
Apr 16, 2024 | Current AffairsPersonal Tax
In February, 2.9 million people tried to reach HMRC by phone, down from 3.6m in January during the busy self-assessment period. Despite this decrease, only 1.3m callers managed to speak with an adviser, and 656,622 calls were abandoned. Automated systems handled...