In a powerful escalation of pressure against Vladimir Putin’s war machine, the United Kingdom and the European Union have jointly announced a new wave of sanctions targeting key sectors of …
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
The Double Blow to UK Pensioners: Tax Threshold Freeze and Winter Fuel Allowance Cuts
by Tara WhitmanIn recent developments, UK pensioners are facing significant financial challenges due to two major policy changes: the freezing of tax thresholds and the reduction of the Winter Fuel Allowance. These …
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Economy
Rachel Reeves Urged to Reform ‘Unfair’ ISA Penalties as Britons Face 25% Withdrawal Charges
by Darren SmithCalls Grow for ISA Rule Overhaul Amid Rising Saver Penalties Chancellor Rachel Reeves is under increasing pressure to reform what critics are calling “unfair” ISA withdrawal penalties, particularly those associated …
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Economy
Pound Falls to 1.3176 Against Dollar Amid Market Shifts: What It Means for the UK Economy and Investors
by Darren SmithThe British Pound has taken a notable dip in global foreign exchange markets, sliding to 1.3176 against the US Dollar—a decline of -0.97% from the previous day’s close. This movement …
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In a landmark announcement, President Donald Trump revealed what he called a “great” and “comprehensive” trade deal between the United States and the United Kingdom. Designed to open the UK …
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The Bank of England has officially cut its base interest rate to 4.25%, a move that’s already being celebrated as a major win for UK homeowners. After months of speculation …
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Politics
Friedrich Merz Elected German Chancellor Just Hours After Historic First-Round Defeat
by James CarterConservative Leader Clinches Chancellorship in Dramatic Second Vote Friedrich Merz has officially been elected Chancellor of Germany in a stunning political turnaround, securing the position in a second Bundestag vote …
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Politics
Reform UK Pledges to Ban All Flags Except Union Jack and St George’s Cross on Public Buildings
by Darren SmithReform UK’s Latest Cultural Policy Sparks Debate Reform UK has ignited a fierce political row by announcing that all public buildings under its control will be banned from flying any …
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Economy
Beales Department Store Closes After 144 Years, Blaming Rachel Reeves Budget for Final Blow
by Tara WhitmanIn a dramatic sign of the times for Britain’s struggling high streets, Beales, one of the UK’s oldest department stores, has closed its final outlet after 144 years in business. The …
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Economy
US Economy Contracts 0.3% in Q1 as Trump Tariffs Trigger Global Recession Fears
by Darren SmithThe U.S. economy shrank by 0.3% in the first quarter of 2025, marking the first decline in gross domestic product (GDP) in three years. The contraction, announced by the U.S. …