Brexit red tape impacts goods trade

Brexit-related red tape has caused a sharp decline in goods trade between the UK and EU, and the situation is worsening, according to a report by Aston University Business School. The study found that UK goods exported to the EU were down 27%, and imports fell 32%...

UK inflation steady at 2.2% in August

According to the latest data from the Office for National Statistics (ONS), UK inflation has held steady at an annual rate of 2.2%. This remains slightly above the Bank of England’s (BoE) 2% target. Falling fuel costs and reduced prices in restaurants and hotels...

Women’s living standards at risk of decline

The Women’s Budget Group (WBG) projects that the living standards of the poorest women in the UK will have fallen by 21% between 2010 and 2027/28 unless public spending increases. The analysis includes changes to welfare and declining public services since the...

Calls to update NI records for child benefit claims

HMRC is encouraging parents who claimed child benefit before 2000, particularly women at or nearing state pension age, to check for gaps in their National Insurance (NI) records. This is crucial, as these gaps could reduce their entitlement to a full state pension...

UK economy stagnates for second consecutive month

The UK economy remained stagnant in July, marking the second month in a row with no growth, according to the latest Office for National Statistics (ONS) data. Economists had predicted a 0.2% rise for July, but activity flatlined, following a similar slowdown in June....