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Friday, August 12, 2022

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british economy

Households face £30bn stealth raid over Rishi Sunak’s tax freeze

According to a leading think tank, families will pay an additional £30 billion a year in taxes as rising inflation drags millions into higher...

The last thing we need to fight energy poverty is Soviet price controls or Macron’s coddling of the wealthy

The French taxpayer bears the costs. EDF must buy power on the open market at exorbitant prices to close the gap. It...

Home buyers have only 17 days to land the best mortgage deals

Home buyers have just 17 days to close the best mortgage deals before being pulled from the market as rates rise to their highest...

Britain really isn’t working – and the collapsing NHS is to blame

Stronger bargaining power leads to faster wage growth, which stood at 6.2 percent year-on-year in the three months to May, when bonuses are included....

How floor rates do more harm than good

The sentence was uttered with the kind of menacing grinning debaters who reserved for a knockout rhetorical blow. During their heated exchanges over the management...

Liz Truss plans Thatcherite treasury shake-up

It is clear that a Truss government would seek to abolish the joint Number 10/Number 11 economic unit founded by Dominic Cummings because it...

BT risks anger from regulators with inflation-driven rise in broadband bills

BT will hit millions of households next spring with an above-inflationary increase in their broadband bills, despite an urgent investigation by regulators into whether...

Britain will soon have an abundance of cheap power and industry-leading batteries to store it

The gigantic hi-tech turbines that will be built on the Dogger Bank, where the wind conditions are fantastic, will not resemble the low-tech, low-yield...

Liz Truss attacks our economic institutions at the risk of our own country

To my knowledge, it has not yet called for the Bank of England to be stripped of its independence, but supporters are complaining about...

Gasoline sales fall as record high prices keep people from filling their cars

Gasoline sales fell sharply in the past month as record pump prices prevented people from filling up their cars. Fuel sales at gas stations fell...

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