As housing market slows in UK, mortgage demand falls

According to a recent survey from the Bank of England (BoE), mortgage demand falls from a measure of -35.3 in the third quarter to -34.8 in the last quarter. The data, which was conducted between 22 November and 10 December, showed demand for...

Sunak likely to cut income tax, slash VAT

Chancellor Rishi Sunak is preparing to cut income tax by 2 pence to the pound or slash rates of Value Added Tax (VAT) before the next election, says a report. Sunak has reportedly told officials to chalk up detailed plans to reduce the tax burden,...

The UK economy grew by 0.9% in November, a rise that saw it recover all of its pandemic losses and offered hope that a further bounce back this year is on the cards. The ONS said GDP should beat pre-pandemic levels for the fourth quarter as...

Following the footsteps of JD Sports executive chair Peter Cowgill, SSA Investments, the family office of B&M CEO Simon Arora, sold 40 million shares overnight at a price of 585p. Earlier, Sports executive chair Peter Cowgill surprised the market...

Some companies in UK are now planning to launch a four-day working week, leading to questions of how they work and what their main benefits are. Arguments have raged for years over how long the working week should be, with some believing that...



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