May 7, 2025 | Current Affairs
Britain and India have signed a long-anticipated trade deal that is expected to boost the UK economy by £4.8 billion a year by 2040. Finalised after more than three years of negotiations under multiple governments, the agreement is one of the most significant...
May 6, 2025 | Current Affairs
The Bank of England (BoE) is expected to cut interest rates this Thursday in response to growing fears that Donald Trump’s erratic trade policies threaten UK jobs and economic growth. Markets are all but certain that the base rate will be cut by a quarter point from...
Apr 25, 2025 | Current Affairs
UK retail sales rose at their fastest pace in nearly four years during the first quarter of 2025, thanks partly to sunny weather in March. According to the Office for National Statistics (ONS), sales volumes increased by 1.6% between January and March compared to the...
Apr 23, 2025 | Current Affairs
The number of penalties issued under the high-income child benefit charge (HICBC) has dropped significantly over the past few years, falling from over 13,000 in 2018/19 to just 45 in 2024/25. In 2018/19, HMRC issued 13,527 “failure to notify” penalties, raising nearly...
Apr 22, 2025 | Current Affairs
The UK began 2025 under pressure, with production down and manufacturing and mining among the hardest hit. Food, metals, and repair services have held steady, but the industrial picture is weak overall. Construction has also dipped, highlighting wider uncertainty....