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Budget: UK on track for ‘disastrous decade’ of income stagnation

Thinktank says taxes as share of GDP are on course to reach 70-year high but public services are being cut Budget 2023: key points at a glance The UK remains on track for a “disastrous decade” of stagnant incomes and high taxes, despite cuts to public services, the Resolution Foundation has said in its analysis […]

UK economy grew by only 0.1% in November

Figure comes as people began Christmas shopping, while World Cup gave pubs and bars a boost UK may avoid recession but it won’t feel like it for many Business live updates: UK may avoid 2022 recession The UK economy unexpectedly grew by 0.1% in November as consumers headed to the shops in the run-up to […]