London (Parliament Politics Magazine) – UK house prices increase for the third month in a row to a near-record high. UK house prices rose for the third month in a row in September to nearly £200 short of a record high as
London (Parliament Politics Magzine) – The Bank of England is functioning on technology to settle blockchain payments employing central bank money to stop a shift to a private settlement that could damage financial stability, according to a senior official. Sasha Mills, executive
According to data analyzed by EBANX, a global technology company specializing in payment services for rising economies, Africa is set to witness explosive growth in consumer spending over the next decade. As the global landscape of digital commerce continues to evolve, Africa
London (Parliament Politics Magazine) – Small businesses have blamed water suppliers for saddling them with the price of “historic errors” made by managers in the scandal-hit industry, as it appeared their bills will rise nearly 30% by 2030. The water industry regulator,
London (Parliament Politics Magazine) – UK house prices are rising at their fastest annual rate for nearly two years as borrowing prices continue to fall on expectations that the Bank of England will keep cutting interest rates, Nationwide has stated. The building
London (Parliament Politics Magzine) – UK small businesses at threat of closure due to increasing costs and hidden bank costs, study reveals. A shocking seven out of 10 small and medium companies are living in fear that escalating expenses could force them
London (Parliament Politics Magazine) – The UK economy is to expand faster than Japan, Italy and Germany this year. The global economy is “turning a corner”, according to the latest perspective from the Organisation for Economic Cooperation and Development (OECD) as it
London (Parliament Politics Magazine) – The IFS warned Labour faces tough fiscal challenges, noting potential tax increases on capital gains, inheritance, and stamp duty. The Institute for Fiscal Studies (IFS) stated Labour had promised not to increase income tax, national insurance, VAT
London (Parliament Politics Magzine) – The Bank of England has maintained interest rates intact at 5% as it put its steps to ease the strain on household budgets on hold. The Bank’s monetary policy committee (MPC) voted by a bulk of eight
London (Parliament Politics Magazine) – Sales of some new hybrid cars will be authorised until 2035, the government has stated, but it rejected that this was a change to a manifesto commitment to ban petrol and diesel cars from 2030. Ministers scheme