“But poor growth and very high spending on debt interest over the next few years mean that the national debt is stuck at close to 100% of national income, even with tight spending settlements and further big tax rises in the pipeline,” he adds, warning of “a protracted period of high taxes and tight spending”.
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Coronavirus: Cost of testing ‘is too much for people to travel’
admin, , Business, 0
“We have been very much in favour of introducing the traffic light system, but with the category of green...
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Northern English regions drive house price growth
admin, , Business, 0
“As for later this year and early next, the expectation is that while we won’t necessarily see prices fall,...
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Coronavirus: Arrivals in UK could soon need negative test
admin, , Business, 0
“However, the lack of a robust quarantine system as a result of shortcomings from the government mean that it...
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Cineworld to shut down UK screens after Bond film delay
admin, , Business, 0
Image copyright Getty Images Cineworld is set to temporarily close its UK cinemas in the coming weeks. As first...
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ChatGPT can now access up to date information
admin, , Business, 0
“If this functionality or capability weren’t there, you would need to go to Google or to Twitter or to...
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Debenhams set to close putting 12,000 jobs at risk
admin, , Business, 0
image copyrightPA Media Debenhams stores are set to close after the failure of last-ditch efforts to rescue the ailing...
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Another FTX executive Ryan Salame pleads guilty
admin, , Business, 0
“Ryan Salame agreed to advance the interests of FTX, Alameda Research, and his co-conspirators through an unlawful political influence...
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Train drivers to go on strike on 30 July
admin, , Business, 0
Mick Whelan, general secretary of Aslef, which represents train drivers, said its members “don’t want go on strike” but...
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