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UK Economy News

Listing 3195 articles over 320 pages

Rail Fares To Rise By 2.2%

Average rail fares will rise by 2.2% from 2nd January 2015, the rail industry has announced. This excluded regulated rails fares, which will rise by 2.5%.

The Autumn Statement- What Does It Mean For Me?

We have covered some of the main points of the Autumn Statement in our summary, and addressed how they might affect you and your family.

UK Family Spending At £517.30 Per Week

UK family spending stands at £517.30 a week, which is still less than pre financial crisis spending when inflation is taken into account. This has risen from £501 in 2012.

What Will Happen In The Autumn Statement?

In April, we heard the budget announcements telling us how the countries money will be spent over the next 12 months. Read what will happen in the Autumn Statement here.

Black Friday Comes To The UK

Tomorrow, UK retailers will be slashing their prices by up to 70% as thousands of shoppers are expected to descend on the UKs high street.

Banks Receive 21 Million Complaints In Six Years

Banks have paid out a total of £38.5 billion in fines and compensation over the last 15 years, a joint study by Cass Business School and think tank New City Agenda concludes. Poor standards and mis-selling has lead to public mistrust of British banks, and the report showed that in the six years between 2008 and 2014, banks received a total of 21 million complaints.

The Young And Workers Mostly Likely To Be In Poverty

Young people and those in work are now more at risk of poverty than the elderly and the unemployed, a report has shown. The report was written by the New Policy Institute for The Joseph Rowntree Foundation, a British social policy research and development charity, that funds a UK-wide research and development programmes.

Cost Cutting Supermarkets Pile Pressure On Food Producers

Supermarkets such as Tesco, Asda and Morrison’s are forcing some food production companies into insolvency, according to accountancy company Moore Stephens. The number of food production companies who entered insolvency increased by 28% in the 12 months leading to September, despite an improving UK economic outlook.

Gender Pay Gap Falls To 9.4%

The average gender full-time pay gap is at it’s lowest since records began in 1997, official figures show.

Grocery Sales Fall For First Time In Two Decades

Grocery sales have fallen for the first time in two decades, according to a report from Kantar Worldpanel. They have produced a report that shows that for the first time since their records began in 1994, the British grocery market has fallen into decline, with sales down 0.2% compared with this time last year.

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