High energy costs are undermining the UK’s economic performance, prompting business groups to urge the next government to shift billions of pounds of green levies from electricity bills to general taxation.
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High energy costs are undermining the UK’s economic performance, prompting business groups to urge the next government to shift billions of pounds of green levies from electricity bills to general taxation.
Three consecutive downside inflation surprises and the slowest private-sector wage growth since 2020. It should be enough to convince investors that the Bank of England is entertaining interest rate cuts.
An unprecedented transfer of wealth in the coming decades is likely to disproportionately benefit America’s most affluent families, boosting their fortunes by trillions of dollars, according to a July report…