Category: Economy
Economy
National Grid creates £50m emergency fund for vulnerable households
(qlmbusinessnews.com via theguardian.com - - Tue, 1st Nov 2022) London, Uk - - UK electricity distributor warns of “exponential increase” in customers seeking help with[more...]
Jeremy Hunt delays economic statement by over two weeks
(qlmbusinessnews.com via news.sky.com-- Wed, 26th Oct 2022) London, Uk - - The chancellor says the medium term plan will be upgraded to a "full autumn[more...]
Over 15,000 NHS ambulance workers to vote on the ‘biggest strike in 30 years’
NHS workers in other unions, including nurses, are also being asked if they want to strike over pay. More than 15,000 ambulance workers will vote[more...]
U.S. could sell oil from emergency reserve this week – sources
(qlmbusinessnews.com via uk.reuters.com -- Tue, 18th Oct, 2022) London, UK -- The Biden administration plans to sell oil from the Strategic Petroleum Reserve in a[more...]
Chancellor reverses ‘almost all’ tax cuts of mini-budget
(qlmbusinessnews.com via news.sky.com-- Mon, 17th Oct 2022) London, Uk - - Jeremy Hunt says he is reversing "almost all" of the tax cuts announced in[more...]
Why is the UK’s rental market in chaos?
(qlmbusinessnews.com via news.sky.com-- Fri, 14th Oct 2022) London, Uk - - Listings are down and inquiries are up, meaning that a rising number of renters[more...]
Co-op supermarket to trial reduced lighting in stores
(qlmbusinessnews.com via bbc.co.uk - - Wed, 12th Oct 2022) London, Uk - - Co-op is trialling reduced lighting in stores as a way of saving[more...]
Unfunded tax cuts mean UK ‘will need £60bn spending cuts’
(qlmbusinessnews.com via theguardian.com - - Tue, 11th Oct 2022) London, Uk - - IFS says Kwasi Kwarteng’s mini-budget will leave ministers making serious reductions in[more...]
BoE doubles the potential value of daily government bond purchases in final four days of emergency intervention
(qlmbusinessnews.com via news.sky.com-- Mon, 10th Oct 2022) London, Uk - - Only £5bn of a potential £65bn has been spent to date but the Bank[more...]
Chancellor Kwasi Kwarteng U-turns on plans to scrap 45p tax rate
(qlmbusinessnews.com via bbc.co.uk - - Mon, 3rd Oct 2022) London, Uk - - The government has U-turned on plans to scrap the 45p rate of[more...]
UK mortgages rates to rise further: ‘next 10 days crucial’ as to how high
(qlmbusinessnews.com via theguardian.com - - Tue, 27th Sept 2022) London, Uk - - Building society chief responds as stock market falls and pound slides after[more...]
Pound sinks to a record low against the dollar
(qlmbusinessnews.com via news.sky.com-- Mon, 26th Sept 2022) London, Uk - - Labour demands a "credible plan" as sterling's decline continues, fuelling fears the currency could[more...]
