Misery Smorgasbord

Kemi Badenoch criticised Rachel Reeves as the ‘country’s worst Chancellor’ for the chaotic recent Budget, and the Conservative leader criticised the Chancellor’s handling of leaks and U-turns in a strong Commons performance. Ms Badenoch criticised Labour’s economic plan, labelling it a ‘Budget for Benefit Street’ due to increased taxes on houses, cars, and pensions. ToContinue reading “Misery Smorgasbord”

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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”

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Do You Allow Your Bank To Take Advantage Of You?

Is your bank ripping you off? Actually, scrap that, the question should be, are you letting your bank rip you off? We all know that banks and building societies like to pass on rate hikes in a more timely and complete manner to borrowers than they do to savers. Yet, as interest rates have beenContinue reading “Do You Allow Your Bank To Take Advantage Of You?”

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