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UK Economy News

Listing 3195 articles over 320 pages

Voluntary Living Wage To Rise By 40p An Hour

The voluntary living wage in the UK is set to rise by 40p from £7.85 to £8.25 per hour.

House Of Lords To Decide On Child Tax Credit Cuts

The House of Lords will today vote on motions that could delay the controversial tax credit cuts or even stop them all together.

Jobseekers To Be Given 14 Days Warning Before Sanction

Jobseekers will be given a warning period of 14 days before they are faced with benefit sanctions under a new scheme that will be brought in next year, according to the government.

Work Programme Failing Over 70% Of Claimants

A committee of MP’s has found that almost 70% of people made to go through the governments welfare-to-work scheme are not successful in finding long term employment.

Tesco Reports 55% Fall In Profits

Supermarket giant Tesco has seen a fall in profits of 55% due to competition from discount stores and the ongoing supermarket price war.

Shops To Charge 5p For Bags From Today

Shoppers in England will now be hit with a 5p charge for plastic carrier bags in all supermarkets and large shops in the UK.

Company Fined Record £200,000 For Nuisance Phone Calls

A firm selling solar panels have been given a record fine from the Information Commissioner for making nuisance calls after new rules were introduced earlier this year.

UK Could Run Out Of Diesel

The RAC Foundation has claimed that Britain’s diesel pumps could “run dry” due to a continuing dependence on foreign fuel.

Plastic Bag Use Down 71% Since Levy Introduced

The number of plastic bags handed out in shops and supermarkets fell by 71% in Wales since a 5p charge was introduced in 2011, a change which England will be hoping to replicate when it introduces the charge next month.

Families Face €�decade Of Declining Living Standards”

Unemployed couples with children will be faced with a “decade of sharply declining living standards” due to cuts in benefits, according to anti poverty campaigners.

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