The Treasury’s much anticipated ‘green savings bonds’ could be a major disappointment for rate-starved savers, amid projections that they could raise just a few billion pounds. Chancellor Rishi Sunak announced in the Budget that everyday Britons would be able to help fund the country’s green recovery from the pandemic through bonds offered by National Savings … Read more
One year into the pandemic, the U.S. has not been experiencing a baby boom but rather a baby bust. Total births in 2020 fell in every state aside from Delaware and Rhode Island, according to a DailyMail.com analysis of preliminary data from the Centers for Disease Control and Prevention (CDC), which examined deliveries between January … Read more
ALEX BRUMMER: Combination of big spending and monetary laxity is stoking future inflation fears, sending interest rate yields higher By Alex Brummer for the Daily Mail Published: 21:53 GMT, 26 February 2021 | Updated: 21:53 GMT, 26 February 2021 The fretwork of any budget is the state of the public finances. The closer we have … Read more
The Chancellor is hoping to save £250million a year by curbing pension tax breaks for better-off workers, according to reports on his plans for next week’s Budget. Rishi Sunak is considering freezing the lifetime allowance, the total amount you can pay into a pension and still get tax relief, at £1,073,100 for the rest of … Read more
Boss of Marks & Spencer calls on Chancellor to use increase in corporation tax to overhaul business rates and rescue High Street Steve Rowe said ‘seismic upheaval’ caused by pandemic would lead to thousands more lost jobs unless ‘unbearable yoke’ of business rates is slashed Rowe urged Rishi Sunak to use a planned rise in … Read more
Chancellor accused of ‘insulting’ struggling firms as he delays overhaul of ‘busted’ business rates system By Tom Witherow For The Daily Mail Published: 22:10 GMT, 19 February 2021 | Updated: 22:10 GMT, 19 February 2021 The Chancellor was accused of ‘insulting’ struggling firms as he delayed the overhaul of the ‘busted’ business rates system to … Read more
Rishi Sunak faces High Street backlash after the Treasury delays its review of business rates to the autumn as industry bosses warn waiting to fix the ‘broken system’ will hamper economic recovery from Covid crisis Treasury today announced it is delaying the final report on business rates review It blamed the economic uncertainty caused by … Read more
Mortgages needing 10 per cent deposits are continuing to return to the market, in a welcome move for first-time buyers. Lenders have launched 117 new products since the beginning of the year, and 29 in the first two weeks of February alone, according to information website Moneyfacts. These lower-deposit mortgages are popular with first-time buyers, … Read more
Coronavirus infection rates have tripled or more in 42 council wards across England, with a six-fold surge in one village in East Yorkshire mystifying its residents – but overall cases are falling in 95 per cent of larger boroughs. South Cave, a village 13 miles west of Hull and home to fewer than 5,000 people, … Read more
High Street shops are set to reopen in WEEKS if Covid-19 infection rates keep plummeting amid vaccine rollout Plans to ease lockdown boosted by figures showing dramatic vaccine impact Growing hope that families will be able to meet outside by Easter Prime Minister said number of new cases already dropped ‘very considerably’ By John Stevens … Read more