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Cuts, tax rises and doing nothing: Rachel Reeves’ options to tackle economic woe
The UK government has come under pressure from a bond market sell-off and the tumbling pound, heaping pressure on the chancellor, Rachel Reeves, to reassure investors about Britain’s economic and financial position.
Related:
What the bond market turmoil means for your mortgage, pension and savings
After …
Italian mayor pledges to stop sale of Neapolitan islet to speculators
An Italian mayor has pledged to do everything in his power to stop Punta Pennata – a slice of island paradise close to the heart of Naples, from where a fleet departed to rescue survivors of the AD79 eruption of Mount Vesuvius – being sold to a wealthy speculator.
Located …
Big retail will cope – but Reeves’ NICs raid is too much, too soon for part-timers | Nils Pratley
If one looked solely at this week’s trading reports from the world of big retail – the likes of Marks & Spencer, Next and Tesco – you might wonder why Rachel Reeves’ increase in employers’ national insurance contributions (NICs) has caused such a fuss. It is obvious from the trio’s …
What the bond market turmoil means for your mortgage, pension and savings
Mortgages
Rates on …
British politics are not Elon Musk’s to toy with | Letters
Elon Musk turns on Nigel Farage and calls for new leader of Reform, 5 January
) raises fascinating insights as to how international interests play an ever more direct role in the British political system. Discretion is not assured. What is becoming clear is that the …Birkenstock sues ‘copycat’ rivals claiming its sandals are applied art
Rachel Reeves must handle bond sell-off with care, but this is not a Truss-level event
Borrowing costs at the highest level since 1998, the pound at a 14-month low and some major UK company shares dropping like a stone. For a government that had pledged a return to economic stability, it has been a tough start to 2025 for Rachel Reeves.
As the chancellor prepared …
Shares in banknote printer De La Rue soar after it confirms takeover talks
Investment funds controlled by pensions and private equity entrepreneur Edi Truell …
Money or the starter’s gun? AFL and NRL riches remain a lure for Olympic hopefuls | Nicole Jeffery
Teenage sprint prodigy Gout Gout has taken the headlines but Australia had an equally promising and even younger prospect at the World Athletics U20 Championships in Lima last year. A Sydney schoolboy was the youngest medallist at the event, just 15 when he leaped a personal best of 7.80m to …
Lloyds to let customers use Halifax and BoS branches, raising job cut fears
Lloyds Banking Group will allow customers to use any of its Halifax, Bank of Scotland and Lloyds branches as part of a shake-up that has sparked fears of job cuts and site closures, weeks before a strategy update by its chief executive, Charlie Nunn.
A memo circulated to staff earlier …