Rachel Reeves has warned that the state pension must be ‘affordable’ amid concerns that the younger generation may not receive it until they are 74. The Chancellor said increases in life expectancy have to be taken into account after ministers launched a review. Concern has been raised about the sustainability of the triple lock, which meansContinue reading “Pension Should Be Affordable, Says Reeves”
Tag Archives: Economy
‘Illegal Pathogens’ Smuggled From Wuhan
A third Chinese scientist has been charged with smuggling biological materials into the United States after a University of Michigan student and her boyfriend were caught last week. At Detroit Metropolitan Airport on Sunday, Chengxuan Han was taken into custody and accused of smuggling items into the United States. Police allege Han sent four packagesContinue reading “‘Illegal Pathogens’ Smuggled From Wuhan”
More Pensioners Will Get Fuel Payments This Winter
Labour’s U-turn on fuel payments will happen in time for more pensioners to benefit this winter, it was announced – but not all retirees will have the handouts restored. Chancellor Rachel Reeves said this morning that planned changes to the means-testing of winter fuel payments would be in place ahead of the colder months. ‘More people willContinue reading “More Pensioners Will Get Fuel Payments This Winter”
UK economy Is ‘Turning A Corner’, Says Rishi Sunak
Britain is out of recession after official figures showed the economy ‘going gangbusters’ in the first quarter of the year. The GDP rebounded from its decline at the end of 2023 and increased by 0.6% in the first three months of 2024, quicker than anticipated. A recession is defined as two consecutive quarters of contraction.Continue reading “UK economy Is ‘Turning A Corner’, Says Rishi Sunak”
Rishi Sunak Reveals General Election Will Be Held ‘In The Second Half Of The Year’
Today, Rishi Sunak took action to put an end to hysterical rumours regarding a general election in May. The PM insisted his ‘working assumption’ is that he will call the poll ‘in the second half of this year’. The clarification came as Mr Sunak hit the road in the Midlands, with a long year ofContinue reading “Rishi Sunak Reveals General Election Will Be Held ‘In The Second Half Of The Year’”
Boxing Day Bargain Hunters Queue From The Early Hours To Snap Up The Biggest Discounts In A Decade
Thousands of shoppers had been lining up since the wee hours of Boxing Day to take advantage of some of the largest price cuts in the past ten years. With sales expected to be the highest in five years, chaotic scenes broke out in London, Manchester, Liverpool, and Newcastle as customers pushed their way insideContinue reading “Boxing Day Bargain Hunters Queue From The Early Hours To Snap Up The Biggest Discounts In A Decade”
‘Sugar Rush’ Of Tax Cuts Before Election Fuels Recession Fears
A leading think tank has warned that the Government is in a ‘terrible bind’ – whoever wins the next election. The Institute for Fiscal Studies says weak economic growth and stubbornly high inflation leave ‘no room’ for unfunded tax cuts or spending increases any time soon. One problem is the amount the government is shellingContinue reading “‘Sugar Rush’ Of Tax Cuts Before Election Fuels Recession Fears”
It’s Not Okay To Be Bad At Maths
Rishi Sunak warns it’s not okay to be bad at maths’ as he steps up his push for everyone to stick with the subject until the age of 18. The Prime Minister will insist that the subject is as important as reading and failure to drive up standards is hurting the economy. The attack onContinue reading “It’s Not Okay To Be Bad At Maths”
Fury At Whitehall Staff’s £145 Million Spending Spree
Whitehall civil servants camouflaged sparkling wine acquisitions and five-star hotel catering as ‘bookkeeping services’ and ‘administration’, as part of a £145 million of government debit card spending. Rishi Sunak has been accused of overseeing a shameful chronicle of waste as it was disclosed how officials splurged on booze, luxury furnishings and costly dinners abroad. OppositionContinue reading “Fury At Whitehall Staff’s £145 Million Spending Spree”
Rail Chaos Looms As Pay Talks Falter And Unions Warn Of Another Round Of Strikes
Union chiefs threatened a Christmas of chaos on the railroads last night as talks over pay and job security faltered. The RMT warned that another round of industrial action was highly possible and blamed rail bosses for failing to table an improved offer. The union called off three 24-hour strikes at the eleventh hour earlierContinue reading “Rail Chaos Looms As Pay Talks Falter And Unions Warn Of Another Round Of Strikes”
THE MONTHLY MOSQUITO 