Britain’s national debt skyrocketed by an eye-watering £186 billion during Labour’s first year in power, an analysis has shown. From the end of July 2024 to the end of last month, the UK’s national debt increased from £2.53 trillion to £2.71 trillion, according to an analysis of official figures. It means the Labour Government put BritainContinue reading “Britain’s Debt Soars Under Labour”
Tag Archives: Economists
Rachel Reeves’ NI Tax Raid Could Increase Food Prices As Autumn Approaches
Hikes in National Insurance contributions (NICs) and the minimum wage were contributing to shoppers paying more for their food, the Bank said – and warned the situation will likely get worse. Food inflation hit 4.5 per cent in June, higher than economists had predicted in May, and is predicted to rise to 5.5 per cent next month.Continue reading “Rachel Reeves’ NI Tax Raid Could Increase Food Prices As Autumn Approaches”
Ten Ways Brexit Impacts Your Daily Life – And What’s To Come
It may be seven years since UK voters opted to exit the EU, but that has come with new consequences and a lot more to come. The Government is working out how to deliver its bonfire of EU rules after enraging Tory backbenchers with a screeching U-turn on the timescale. But changes to travel rules,Continue reading “Ten Ways Brexit Impacts Your Daily Life – And What’s To Come”