The Energy Secretary said that while he would not speculate ahead of the Chancellor's budget next month, the Government understands that 'we face an affordability crisis'. Economics
Labour has refused to rule out slapping VAT on private hire fares, sparking speculation the Chancellor will clobber cabbies at the Budget. Industry experts expect such a tax to raise £750million a year. Events
Rolling coverage of the latest economic and financial newsWhy has US-China trade war restarted and how have markets reacted?A flurry of takeover talk speculation has pushed up shares in budget airline EasyJet this morning.EasyJet’s shares are up over 7%, leading the risers on the FTSE 100 share index.“[The group] does not believe the redress methodology proposed by the FCA appropriately reflects actual customer loss or achieves a proportionate outcome.“...the FCA’s proposed approach to assessing unfairness does not align with the legal clarity provided by the supreme court judgement in respect of the “Johnson” case, which confirmed that the test for unfairness is highly fact specific and must take into account a broad range of factors. The group will continue to engage with the FCA in respect of these points.“Many motor finance lenders did not comply with the law or the rules. It’s time their customers get fair compensation. Recent court judgments show that liabilities exist no matt... Events
Speculation is mounting that the Chancellor may reduce the maximum amount savers can withdraw tax-free from their retirement funds - prompting some to pull cash out now. Events
Some buyers are adopting a ‘wait and see’ approach ahead of the Autumn Budget in November Economics
Some buyers are adopting a ‘wait and see’ approach ahead of the November Budget, according to Zoopla Economics
Some buyers are adopting a ‘wait and see’ approach ahead of the November Budget, Zoopla said. Economics