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How much will the Bank of England hike interest rates by tomorrow? Slowing inflation boosts expectations of a 0.5% rise to 3.5% Market forecasters expect the BoE to hike rates by 50bps to 3.5% Annual inflation fell from 11.1% in October to 10.7% in November, the ONS said BoE must fight inflation while refraining from … Read more
AUTUMN STATEMENT LIVE: Hunt puts 45p tax at £125k, stages a stealth income tax raid on all and slashes CGT and dividend allowances Chancellor Jeremy Hunt unveiled tax hikes and spending cuts across the UK ONS figures published on Wednesday showed UK inflation has reached 11.1% By Jane Denton For Thisismoney Published: 07:39 GMT, 17 … Read more
Former leader of the National Union of Mineworkers Arthur Scargill has been spotted on the picket line for a second day – standing in solidarity with Mick Lynch’s mass rail strikes. The far left firebrand was previously seen with strikers from The National Union of Rail, Maritime and Transport Workers (RMT) at Westgate Train Station … Read more
US hedge fund Inclusive Capital Partners circles British housebuilder Countryside with £1.5bn bid By Daily Mail City & Finance Reporter Published: 21:55 BST, 6 June 2022 | Updated: 09:46 BST, 7 June 2022 US hedge fund Inclusive Capital Partners is attempting a hostile £1.5bn takeover of Countryside Partnerships A US hedge fund has stepped up … Read more
Shares in THG soar as investors prepare themselves for prospect of multibillion-pound bidding war for online beauty retailer THG stock rose by 24.5%, sending its value up by almost £400m to £1.8bn Company said it had rejected bid approach from Belerion and King Street Property mogul Nick Candy announced his intention to take over THG … Read more
Age may be just a number. But there is a new interest in the wisdom of people who have lived a long time and experienced a few economic and other crises. The Queen’s indomitable spirit has much to teach us in this Platinum Jubilee year. There are lessons to be learnt too from that other … Read more
Royal Mail has admitted it is at a ‘crossroads’ and needs to urgently transform its operations if it is to survive and thrive in post-pandemic Britain. Parcel demand and profits have fallen at the group over the past year and boss Simon Thompson’s proclamation that ‘we have no time to waste’ has unnerved investors and … Read more
Supermarkets are slashing the prices of hundreds of products as customers face a cost-of-living crisis – with Asda and Morrisons reducing the cost of tea bags, eggs, meat and cereal by up to 13 per cent on average. As part of plans to invest £73 million and supports its staff, Asda is also increasing the … Read more
Industrial parts distributor Diploma shares jump 10% as London-listed firm boosts outlook and pushes ahead with acquisition plans Diploma shares jumped sharply today amid group’s latest upbeat forecasts By Jane Denton For Thisismoney Published: 10:13 EDT, 12 April 2022 | Updated: 11:29 EDT, 12 April 2022 Diploma shares surged on Tuesday after the group said it … Read more
‘I skip meals so my children can eat’: NHS nurse and mother-of-three who’s left with just £80 a week after bills says she’s ‘at breaking point’ but has to ‘find a way’ for the sake of her family Rebeccah, from Leicester, is a part-time radiology nurse and a mother of three After paying bills, she … Read more