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ISA savers punished by sixth yr of freezes

John Blowers, managing director of Investegate, mentioned: “With more than £700bn now held by UK investors in these tax-exempt ISAs, government consensus seems to be that the deal is just too good. So rather than perhaps encouraging those investors with bountiful portfolios to start...

Chancellor should ‘stop the worry’ for households by elevating advantages with inflation

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Jeremy Hunt: Key moments and challenges in 12 months as Chancellor

Chancellor Jeremy Hunt has overseen a dramatic 12 months which has seen households hit by rampant inflation and rising borrowing prices.In October final 12 months, the long-time frontbencher was thrust into the important thing place after his predecessor Kwasi Kwarteng resigned from the put...

UK financial system set for weakest progress of G7 subsequent yr after downgrade – IMF

The UK is forecast to report the weakest financial progress throughout the G7 group of superior economies subsequent yr, in line with the International Monetary Fund (IMF).The IMF mentioned UK rates of interest are set to stay excessive for “a little while longer”, into...

Sunak and Hunt hail Euston HS2 enterprise alternatives

Rishi Sunak has hailed the probabilities of a redeveloped HS2 terminus at Euston, amid a gathering between the Chancellor and key figures from the development business.The Prime Minister wouldn't go as far as to vow HS2 would terminate in Euston when full however mentioned...

Labour ‘ready to rebuild Britain’ after Tory chaos, says Reeves

Labour is “ready to rebuild Britain” and restore financial safety after the “chaos” of the Tory years, Rachel Reeves stated.The shadow chancellor delivered her pitch to the nation at what's prone to be the final main Labour convention earlier than a common election.In her...