Jul 27, 2022 | Current Affairs
Former chancellor Rishi Sunak and Foreign Secretary Lizz Truss debated their potential tax plans during a televised debate earlier this week (26 July). Both candidates discussed taxation policy, including the planned increase in corporation tax, the hike in National...
Jul 20, 2022 | Current Affairs
The UK consumer price index rate hit a new peak of 9.4% in June, according to the Office for National Statistics. The data shows that CPI inflation rose from 9.1%, mainly due to petrol prices and food cost increases. Petrol and diesel prices went up by 42.3%, with the...
Jul 19, 2022 | Current Affairs
Real regular wages have fallen by 2.8% amid the cost of living crisis, the fastest rate of decline since records began in 2001, according to data from the Office for National Statistics. Measured over the three months to May 2022, the average pay, including bonuses,...
Jul 15, 2022 | Current Affairs
Families across the UK will start receiving their first cost of living payment of £326 from this week until 31 July. As part of the Government's £37 billion support package for the cost of living crisis, the payments are being given to over 8 million means-tested...
Jul 14, 2022 | Current Affairs
The Financial Conduct Authority (FCA) is calling on banks to treat SMEs fairly when recovering loan payments and debts amid the cost of living crisis. In a review of collection practices, the FCA said lenders were not treating SMEs fairly when trying to agree on...
