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Prime Minister Andy Burnham has launched his economic agenda with a pledge to cut VAT on household electricity bills, aiming to provide breathing space for families. … Read more
As of July 22, 2026, the Bank of England maintains interest rates at 3.75%, following a series of holds throughout the year. While inflation has cooled … Read more
Prime Minister Andy Burnham has launched his initial economic agenda, marked by a commitment to reduce household electricity costs through a VAT cut. The policy, intended … Read more
The Glasgow School of Art has abandoned plans for a full, faithful restoration of the fire-damaged Mackintosh Building, citing prohibitive costs. The board of governors now … Read more
Inflation is expected to rise due to energy costs, while SSD prices have dropped 15 to 30 percent in the last 60 days, according to recent … Read more
As the U.S. presidential transition approaches, Iraq faces an uncertain future caught between the legacy of prior administrations and the need for post-Mosul stability. The next … Read more
UK inflation is expected to rise again due to anticipated energy bill hikes. Simultaneously, the consumer technology market is seeing a sharp drop in SSD prices, … Read more
Rate-setters may want to assess the impact of any measures announced by the new Prime Minister before deciding whether to tighten policy again, she said, adding … Read more
UK inflation dropped to 2.6% in June, driven by falling fuel prices and food costs, according to official data. The decline coincided with renewed global energy … Read more
On July 22, 2026, President Donald Trump outlined plans to impose escalating tariffs on generic drugs imported into the U.S., starting August 1, 2026, with 0% … Read more
Andy Burnham urged his new cabinet to prioritize tackling the cost of living crisis during his first meeting, announcing plans to make electricity bills VAT-free starting … Read more
The UK government announced a VAT cut on electricity bills, funded by redirecting funds from the Digital ID programme, sparking political and fiscal debate over its … Read more