Poundland, one of the UK’s most well-known discount retailers, is facing an uncertain future as its parent company, Pepco Group, explores the possibility of selling the chain. With over 800 …
Inflation
News and analysis on inflation in the UK — including rising prices, Bank of England updates, cost of living pressures, interest rate changes, and government or political responses.
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Economy
Bank of England Warns Interest Rate Cuts Will Be Slow Amid Stubborn Inflation and Global Trade Risks
by Darren SmithThe Bank of England (BoE) has issued a warning that interest rate cuts might not happen as quickly as expected due to persistent inflation. Additionally, the central bank has highlighted …
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News
“Global Markets Plunge as Trump’s Tariffs on Canada and China Take Effect, Sparking Trade War Fears”
by Darren SmithOn March 4, 2025, President Donald Trump’s administration implemented significant tariffs on imports from Canada, Mexico, and China, marking a pivotal escalation in global trade tensions. The immediate consequence was a …
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Rail commuters across the UK are facing another wave of fare hikes, adding to the financial burden of daily travel. As ticket prices soar, campaigners and passenger advocacy groups argue …
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Economy
“Bitcoin Crashes Below £71,000 as Crypto Investors Reel from Global Stock Market Slump”
by Darren SmithThe cryptocurrency market is experiencing a turbulent period as Bitcoin’s price plunges below £71,000, sparking concerns among investors. This decline is part of a broader trend affecting digital assets, driven …
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Economy
“Rachel Reeves Urged to Take Urgent Action as State Pension Faces Retirement Tax Threat”
by Darren SmithThe United Kingdom’s state pension system is on the brink of a significant transformation. Due to the interplay between the triple lock mechanism and a prolonged freeze on the personal …
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Economy
Britons Fear More Financial Woes as Energy Price Cap Hiked Again: ‘Don’t Know How I’m Going to Cope’
by Darren SmithMillions of Britons are bracing for more financial hardship as energy regulator Ofgem announces a 6.4% hike in the energy price cap, effective from April 1, 2025. The latest increase …
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Economy
Select Fashion to Close 35 Stores in Major Blow to UK High Street: Hundreds of Jobs at Risk
by Darren SmithIn a significant setback for the UK high street, Select Fashion, a well-known fashion retailer, has announced plans to close 35 of its stores by mid-March 2025. This move is part …
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Economy
Warren Buffett’s Bold Move Sparks Fears of Market Crash: What Investors Need to Know
by Darren SmithWarren Buffett, the legendary investor and chairman of Berkshire Hathaway, has once again sent shockwaves through the financial world. Recent strategic decisions, including a record accumulation of cash reserves and …
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Politics
Final Polls Predict Surging Support for AfD as Germany Heads to the Ballots
by Darren SmithOn the eve of Germany’s federal election, final polls predict a significant surge for the far-right Alternative für Deutschland (AfD) party, signaling a potential political upheaval. With voters set to …