Category: Money

John Healey poised to raise taxes on banks in budget

Exclusive: Chancellor to target sector in his first budget to help offset damage caused by Iran war on public financesJohn Healey is poised to tax Britain’s banks in his 28 October budget, to help offset the damage inflicted on...

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UK economy unexpectedly grows in August despite fall in consumer spending

Latest data showing surprise 0.1% growth is boost to John Healey a fortnight before his first budgetBusiness news – live updatesThe UK economy unexpectedly continued to grow in August despite a fall in consumer spending before...

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UK households have paid extra £13,961 on bills since 2021 amid soaring inflation, TUC says

Trades Union Congress urges chancellor to tackle rising additional living costs in this month’s budgetUK households have paid almost £14,000 on average in additional costs for mortgages, loans, energy and water bills over the...

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‘People are deserting it’: why are London mansions struggling to sell?

For decades, the capital’s house prices raced ahead of the national average – but now they are falling in prime areasAn elegant Georgian facade, a full-width balcony and an exclusive address in South Kensington just steps from...

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The zero-bills home: how one family is beating the energy price hikes

The Naylors’ four-bedroom home in Milton Keynes acts like a mini-power station after retrofitting solar panels, a battery and a heat pumpClare Naylor paid close attention to how much energy she and her family were using last...

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Healey urged to offer energy support in budget as bills rise 4%

Millions of people in Great Britain face increase from Thursday to an average of £1,723 a year for a typical homeJohn Healey is under growing pressure to offer fresh energy support for households in next month’s budget as...

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