A coalition of over 300 retail leaders has urged Rachel Reeves to reconsider the removal of VAT-free shopping for tourists, arguing it’s detrimental to the UK’s…
Browsing: GDP
The Office for Budget Responsibility (OBR) has issued a stark warning about the UK’s long-term fiscal health, suggesting public debt could climb sharply.Increasing public debt is…
The Office for Budget Responsibility (OBR) projects critical fiscal challenges for the UK, predicting that public debt could soar to unprecedented levels within five decades. Key…
The retail sector’s tax burden emerges as a key issue, highlighting significant disparities.New findings indicate that retailers pay 7.4% of all business taxes, which is disproportionate…
In May, the UK economy demonstrated resilience with a growth of 0.4%, reversing April’s stagnation.The Office for National Statistics reported a notable rise in the UK’s…
The UK economy experienced stagnation in April, ahead of the upcoming general election on July 4. Despite previous growth, recent data presents a cautious economic outlook.The…