CashNews.co As the cost-of-living crisis continues to squeeze household budgets, the Royal Mail has dealt another blow – a hefty increase in the price of standard first-class stamps. But money expert Martin Lewis has a savvy tip to help Brits dodge the rise. The cost of standard first-class stamps will rise by an inflation-busting 22% […]
CashNews.co UK economic growth flatlined once again in July, with data from the Office for National Statistics (ONS) showing gross domestic product (GDP) did not see any month-on-month growth, having also flatlined in June. This came in below expectations of 0.3% month-on-month growth, according to a research note from Deutsche Bank released on Monday. The […]
CashNews.co The UK economy flatlined in July for the second month in a row, according to the latest official figures, in a significant setback from Chancellor Rachel Reeves and recently installed Prime Minister Sir Keir Starmer. The Office for National Statistics (ONS) said gross domestic product (GDP) recorded no growth in July. Economists had been […]
CashNews.co “The economy looks increasingly well-positioned to march on were it to benefit from an easing of the rate environment.”– Derrick Dunne, CEO of YOU Asset Management UK GDP has seen an unexpected flatlining, showing no growth in July 2024 for the second month running, below economists’ forecasts of a 0.2% monthly rise. Real GDP […]
CashNews.co By Suban Abdulla and Andy Bruce LONDON (Reuters) -Britain’s economy stagnated for a second month running in July as manufacturing output dropped sharply, an inauspicious start for the new government of Prime Minister Keir Starmer who wants to accelerate the pace of growth. Economic output showed no change in month-on-month terms in July, as […]
CashNews.co Chancellor Rachel Reeves (PA Wire) The UK’s economy saw a second month of stagnation in July, also recording no growth in June, the Office for National Statistics has said. Gross Domestic Product (GDP), which is the measure of the value of goods and services, is shown to have flatlined for the month. The figures […]
CashNews.co Mortgages are being used as a “weapon” by domestic abusers against their current or former partners, plunging people into debt and homelessness, a charity is warning. Survivors are left with mountains of mortgage arrears, destroyed credit ratings, homelessness and a lifetime of housing and economic insecurity, charity Surviving Economic Abuse said. One woman described […]
CashNews.co Martin Lewis has lambasted local authorities for their “loan shark-like” behaviour in relentlessly pursuing vulnerable individuals over delinquent council tax payments. The money saving expert harshly condemned the “grotesque” tactics employed by some councils, where an initial lapse can rapidly snowball into exorbitant penalties and even draw legal complications. Moreover, Mr Lewis critiqued such […]
CashNews.co Council tax hits hard. Cutting council tax was the top answer in a Hargreaves Lansdown survey looking at the most popular potential policies any party could consider ahead of the election. Unfortunately, it didn’t make it to the Labour manifesto, and with tax hikes on the cards in the forthcoming budget, council tax cuts […]
CashNews.co By Supantha Mukherjee (Reuters) – Internet giant Amazon’s cloud computing arm, Amazon Web Services, said on Wednesday that it plans to spend 8 billion pounds ($10.45 billion) in the United Kingdom over the next five years to build, operate and maintain data centres. The company expects the investment project to contribute 14 billion pounds […]