6 h. ago Cost of living blow as Britain's biggest supermarkets warn Reeves' tax hike plans will lead to food price rises

In a stark letter to the Chancellor, the nine major grocers said growing cost pressures meant grocery prices had been rising over the past year and were expected to rise further.

Economics

19 h. ago Secret mining studies and private deals: is a new gold rush quietly starting in El Salvador?

As the country’s metal mining ban is lifted, rural communities fear a return of the contamination, violence and water shortages that cost so many lives and livelihoods in the pastSet off the main road through San Isidro, El Salvador, an old gate sits locked by a chain. Across its rusted metal wire mesh are emblazoned the words: “Private property, entry forbidden.” A bus stop outside is covered with faded black and yellow posters. Though peeling with age, their message can still be read: “No to mining – yes to life.”This is the site of what was once the El Dorado gold mining project. After the suspension of operations in 2009 amid community backlash, OceanaGold formally closed the project in 2017 following El Salvador’s historic prohibition of metal mining. Continue reading...

Economics

24 h. ago London's spirit distilleries being 'crushed' by Government hikes in alcohol duty, Chancellor warned

In anticipation of the upcoming budget, the distillers call duty rises ‘crushing’

Events

32 h. ago Don't cut the £20,000 cash Isa limit... it won't incentivise savers to invest, MPs warn Rachel Reeves

The Chancellor should not cut the cash Isa allowance from its current £20,000 annual limit, MPs have said. It comes as the Chancellor is said to be considering restricting the allowance to £10,000.

Economics

32 h. ago Do not cut cash Isa allowance in the Budget, senior MPs warn Reeves

It is ‘not the right time’ to cut the tax-free limit, a senior MP warns

Events

47 h. ago Household savings hit record £2.2trillion as sticky inflation and tax hike fears see cash stockpiled

Savers are sitting on a record £2.2trillion in cash savings despite the Chancellor's efforts to persuade more households to invest their wealth, new data shows.

Economics

66 h. ago Tourists in Mallorca and Ibiza face 15 euro tourist tax a DAY as over

Brits heading for the Balearic Islands are facing a huge tourist tax hike with unions pressing for a 15 euro payment per day in the summer months.

Politics

2 d. ago The Immortalists by Aleks Krotoski review – the downsides of cheating death

Life extensionists like Bryan Johnson want to live forever. But at what cost?If the name Bryan Johnson isn’t familiar, a picture of him might be. He is the somewhat alien-looking, strangely ageless 48-year-old Californian battling to defy death itself.His efforts to do so have involved receiving a transfusion of blood plasma from his then 17-year-old son, an act that attracted headlines around the world, while Johnson’s own plasma was in turn transfused into his father. What was largely missed, but is documented in Alex Krotoski’s book, is that the procedure was deemed to be a failure. The tech entrepreneur will have to find another way to live for ever. Continue reading...

Events

3 d. ago Lawyers and accountants warn Reeves against tax raid on partnerships

Partners argue chancellor’s move would damage cornerstone of UK economy

Events

3 d. ago FTSE 100 Live 22 October: Inflation surprise lifts stocks, Barclays rallies despite car loans redress

Rachel Reeves was handed a pre-Budget boost today as the rate of inflation unexpectedly remained unchanged at 3.8% in September.

Economics

3 d. ago Examples of where inflation jumped in September – and where it eased

Annual food price inflation stood at 4.3% last month, down from 4.8% in August.

Economics

4 d. ago FTSE 100 Live 22 October: Inflation surprise lifts index, Barclays rallies despite car loans impact

Rachel Reeves was handed a pre-Budget boost today as the rate of inflation unexpectedly remained unchanged at 3.8% in September.

Economics

4 d. ago UK inflation unexpectedly remains at 3.8% for third month in a row

Annual September rate confounds forecasts of a rise, as pace of food price growth slows for first time since MarchBusiness live – latest updatesUK inflation was unchanged last month at 3.8%, confounding expectations of a rise, in welcome news for the chancellor, Rachel Reeves, as she plans for her crucial budget next month.The Office for National Statistics (ONS) said that inflation measured on the consumer prices index remained at the same level in September as in August and July. Continue reading...

Economics

4 d. ago NORMAN BAKER: Why should British families, struggling with the cost of living crisis, subsidise a self

Heaped in ignominy, banned from using those treasured royal titles, his world of murky secrets unravelling faster than a ball of string, there can be precious little comfort for Prince Andrew.

Events

5 d. ago Rachel Reeves warned tax hike in Budget could 'force mass closures of bingo halls' across UK

A wave of bingo halls have closed since the Covid crisis - and an industry chief claims a tax rise will kill off many more, after reports the Chancellor could double taxes on bettering firms to 30%

Events

6 d. ago Rachel Reeves urged to hike tax on banks’ 'bumper profits' to raise cash

Chancellor Rachel Reeves is being urged to increase tax on banks’ 'bumper profits' to raise investment for Britain's strugglinh hospitals, schools and local councils.

Economics

6 d. ago Corrie icons William Roache, 93, and Barbara Knox, 92, reveal they have no plans to retire as they lead the winners at Variety Club Awards after bagging Outstanding Contribution to TV

As they led the winners taking home gongs at the ceremony, the soap stars claimed that they have no plans to retire despite being on the show for a combined 118 years

Politics

7 d. ago Unions warn Reeves they could abandon Labour if she ‘panders to the Right’ with more welfare cuts

Exclusive: FBU general secretary Steve Wright has warned that there is growing pressure on unions to disaffiliate from Labour ending political donations

Events

1 week ago Reeves urged to overhaul tax system and hike levies in breach of manifesto

Tax experts said the fiscal backdrop to the Chancellor’s November Budget is ‘desperate’.

Politics

1 week ago The true cost of Labour: Britain faces highest inflation in G7 but lags behind on growth, warns IMF... while unemployment hits a four

In a setback for Rachel Reeves ahead of the Budget next month, the global watchdog forecast UK inflation of 3.4 per cent this year and 2.5 per cent in 2026.

Events