The average Brit spends the equivalent of almost nine months of their life bargain-hunting - saving more than £6,200 year, a study has found. The typical adult will spend two hours a week search for a good deal or cut price items – the equivalent of around four days and...
Shocking new analysis by the Resolution Foundation has revealed pay in real terms won’t be back to 2007 level until 2025. According to the research average annual pay peaked in the autumn of 2007 at £31,644 (in 2016 prices). Once inflation is taken into account, average pay will not be back at...
Shadow Chancellor John McDonnell has described today's Budget as "a ‘nothing has changed’ Budget from an out-of-touch Government". The scathing critique follows Jeremy Corbyn's response in parliament that Philip Hammond's speech was acknowledgement of a "record failure" on behalf of the Conservative government, with economic growth revised down, productivity growth revised down,...
Philip Hammond put aside more money for Brexit than the NHS in the 2017 Budget in a reversal of the promises outlined during the referendum campaign. The Chancellor said £3 billion would be spent on Brexit planning, while just £2.8 billion will go to the NHS. In a deeply ironic twist...
The 2017 Budget proves Philip Hammond can't really balance the books, according to industry experts. The Chancellor was forced to revise down much of his growth forecasts for the country in what has been described as a budget that "concentrates more on the political shape of the Conservative party rather...
The chancellor has announced stamp duty will be scrapped for first time buyers on homes up to £300,000 and up to £500,000 in high price areas. The move will affect roughly 80 per cent of first time buyers, and will come as a huge relief for people who are struggling to...
Few politicians would proclaim to have magical powers, but today Philip Hammond seemed to develop the ability to make currencies drop on every word he says. Delivering a crucial Budget to parliament the pound plummeted as he rifled through a raft of shaky economic indicators. He acknowledged that the economic...
The Conservative party narrowly voted against Labour's bid to retain EU human rights measures in UK law post-Brexit last night by 311 votes to 301. Just one Conservative MP, Ken Clarke, defied the Government whip and voted for the motion to retain the EU Charter of Fundamental Rights, put forward by Jeremy...
A new study has revealed a fascinating inter-generational divide over trust on the economy. Despite both parties being neck-and-neck overall, the Sky Data poll found huge splits between young and old. Of 18 to 34-year-olds, 62 per cent want Labour in charge of the nation's finances, versus 28 per cent...