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ECONOMY
Interest price hike anticipated to be backed by ‘at the least two’ Bank of England…
At least two members of the Bank of England's Monetary Policy Committee are expected to vote in favour of raising interest rates this week, markets predict. Huw Pill, the Bank's chief economist, is expected to lead calls for interest…
Jet 2 says holidaymakers are leaving bookings till the final minute amid fears over Iran struggle
Holidaymakers are increasingly leaving bookings until the last minute amid fears over the Iran war, according to Jet2.The airline operator said customers have been making bookings 'increasingly close to departure' since the conflict broke…
Number of extra fee taxpayers rises 57% to almost 1m in two years with fiscal drag set to clobber…
The strain on Britain's highest earners has been laid bare in new data published by HM Revenue & Customs today.The number of additional rate taxpayers rose 56.8 per cent - or 324,000 - between the 2022/23 and 2023/24 tax years.It means…
Two million Britons are actually driving EVs in a large electrical milestone
The UK has reached a monumental electric car milestone: two million EVs are now on our roads.The new statistic has been confirmed today by the Department for Transport and Driver and Vehicle Licensing Agency.The two million number - and…
Supermarket battle heats up as Tesco rolls out Aldi worth match to Express shops
Tesco will roll out its Aldi price match scheme to over 2,000 of its convenience stores, in the latest sign that the country's biggest supermarket is taking the fight to its discounter rivals. The retailer has said it will match…
VW Polo goes electrical: Twelve quickfire issues to know concerning the new ID.Polo supermini…
Fifty years after the VW Polo first arrived on Britain's roads, the German car giant has turned its evergreen supermini into a full-blown EV.Unveiled today, the ID.Polo will be the smallest electric Volkswagen when first deliveries land…
Aston Martin secures £50m funding enhance after reporting one other quarterly loss
Aston Martin has secured a multimillion-pound funding boost after posting another quarterly loss.The carmaker said it had agreed a new £50million financing facility with a consortium led by top shareholder Lawrence Stroll.It said the…
Beware the Zombie Apocalypse: Thousands of struggling companies face collapse as Iran struggle and…
The Iran war threatens to deal a final blow to thousands of ‘zombie’ firms already reeling from Labour’s tax hikes, according to new research.In a doom-laden report, insolvency expert Begbies Traynor Group (BTG) warns companies that have…
Cancer drug demand helps AstraZeneca and GSK increase their backside traces
Pharmaceutical drug giants AstraZeneca and GSK both saw cancer drug sales rise in their latest quarter. AstraZeneca saw an uptick in revenue in its first quarter amid higher takings from drugs for cancer and rare…
Santander takes hit from price of automobile finance scandal because it slashes outlook for UK…
Santander has seen profits slump in the first quarter after it set aside a further £179million for the motor finance scandal and slashed its outlook for the UK economy.Pre-tax profits dropped 44 per cent to £202million in the three months…
