UK net borrowing drops to decade low driven by higher tax receipts

The UK government net borrowing slowed in May relative to last year, falling to its lowest since 2008. This was driven primarily through greater tax receipts. However, the Office of Budget Responsibility ...

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Inflation jumps to 2.9% as economists hope this is peak price growth

Inflation figures for May were released last week, showing prices rose faster than expected. The higher cost of package holidays, in particular, pushed the rate of inflation up to 2.9%, ...

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Hung Parliament creates more uncertainty but increases possibility for “Soft” Brexit

The UK General Election dominated the news flow last week, following the unexpected result. The Conservatives finished eight seats short of a majority and are now attempting to work with ...

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Trump pulls out of Paris and is car finance the next financial crisis?

Donald Trump shocked the world last week by withdrawing the US from the Paris agreement. This agreement was designed to organise a coordinated effort by all countries to reduce carbon ...

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