LONDON (Parliament Politics Magazine) – According to the government, the first of two payments to assist the poorest households with the cost of living will be deposited into people’s bank accounts on July 14th. By July end, over eight million UK households
LONDON (Parliament Politics Magazine) – When growing costs are taken into account, regular pay is declining at the fastest rate in over a decade, according to the Office for National Statistics. When adjusted for inflation, pay excluding bonuses fell 2.2 percent between
LONDON (Parliament Politics Magazine) – In April, the UK economy dropped once more as firms felt the effects of price increases and the NHS Covid Test and Trace system was shut down. Official figures reveal that the economy declined by 0.3 percent
WASHINGTON (Parliament Politics Magazine) – Elon Musk has threatened to pull out of his $44 billion acquisition of Twitter, claiming that the social media business has thwarted his attempts to learn more about its user base. Mr Musk said in a letter
LONDON (Parliament Politics Magazine) – According to a new research by the Office for National Statistics, budget pasta costs have climbed by 50% in the last year, although overall supermarket lower-price ranges have increased at around the same rate as food in
WASHINGTON (Parliament Politics Magazine) – The watchdog for the US financial has approached Elon Musk regarding his Twitter stake disclosure, inquiring as to why the Tesla CEO appeared to have filed a vital document late. The SEC has sent a letter to
London, (Parliament Politics Magazine) – The Bank of England (BoE) was remarkably slow in seeing an inflationary threat that was obvious to monetarists and businessmen. As recently as last May, the BoE was forecasting inflation rates between 1.9 per cent and 2.3
LONDON (Parliament Politics Magazine) – According to studies, the income gap between the bosses and the employees will increase again this year after shrinking during the pandemic. The High Pay Centre thinktank, which pushes for fairer compensation structures believes, FTSE 350 chief
LONDON (Parliament Politics Magazine) – According to the leader of Britain’s largest energy supplier, consumers will have to deal with exorbitantly high fuel prices for a period of at least another 18 months. E.ON UK’s chief executive, Michael Lewis, has urged for
LONDON (Parliament Politics Magazine) – The Bank of England will tighten its grip on the economy in the coming months as it attempts to lower the highest inflation rate in 40 years, according to its chief economist. Huw Pill said “additional work”
WASHINGTON (Parliament Politics Magazine) – Elon Musk has put his $44 billion (£35 billion) proposal to buy Twitter on hold, citing concerns over the amount of fake or spam accounts on the platform. He stated that he was awaiting facts “to support
LONDON (Parliament Politics Magazine) – The value of a popular cryptocurrency has dropped by 99 percent, taking down an as frequently referred to “stablecoin” with it. On Thursday, the Terra Luna token plummeted from a high of $118 (£96) last month to
