UK growth forecasts lowered from next year

UK growth forecasts lowered from next year

The UK economy is expected to grow at a slower rate than previously expected from next year, the government’s official forecaster has said.The Office for Budget Responsibility (OBR), which maps out how the economy is set to perform based on the...
Budget 2025: Key points at a glance

Budget 2025: Key points at a glance

41 minutes agoShareSaveShareSaveReutersRachel Reeves has set out details of her second Budget since becoming chancellor.A number of measures from the yearly tax and spending plan had already been announced in the days leading up to the statement.Other measures were...
Electric vehicle owners to face pay-per-mile tax

Electric vehicle owners to face pay-per-mile tax

45 minutes agoShareSavePritti MistryBusiness reporterShareSaveGetty ImagesA new tax for electric and hybrid vehicles has been announced by the chancellor in her autumn Budget.Electric car drivers will pay a road charge of 3p per mile, while plug-in hybrid drivers will...