At noon today, the Bank of England is expected to announce a 0.75 interest rate increase in a move to curb inflation. This hike will put the base interest rate at 3%, the highest level since 2008. Increased interest rates will see millions of mortgage holders face additional monthly costs on top of escalating food […]
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Brexit and the Northern Ireland Protocol have in effect kept the doors at Stormont shut. The election earlier this year saw Sinn Fein take pole position, but the DUP has refused to instate Michelle O’Neill as First Minister because of the NI protocol. With tonight’s deadline edging closer, the NI Assembly will today again attempt […]
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Liz Truss has been beaten by a blond wig wearing lettuce in a contest to find out which would last longest. As the prime minister took to the lecturn outside No 10 today to announce her inevitable exit from Downing Street, more than 20,000 viewers were live-streaming the historic moment, immortalised on YouTube by the […]
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Amid soaring prices of staples and reports of record corporate profits, UK trade unions have been growing ever louder in their calls for members to take to the picket line. This year has seen significant strike-related disruption of rail and mail services, and many other workers may follow suit. Nurses are currently voting on strike […]
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If news rumours are anything to go by, the growing Tory revolt may soon have Truss out the door. The economic ripples of the mini-budget have not only created market chaos but also alarmed the IMF. At a meeting today, the Chancellor will seek to reassure their representatives while the PM staves off the rebellion […]
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On Thursday, nurses begin voting on the first-ever RCN strike over pay. Thousands of nurses have left their job adding to the NHS’ worsening staffing crisis. The NHS would face major disruption this winter if nurses vote in favour of industrial action. The ballot boxes open today, and nurses across the UK can vote until […]
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Liz Truss’s chief of staff has been interviewed by the FBI about an alleged criminal plot to bribe a US politician and influence an election, the Sunday Times reports. Mark Fullbrook – the prime minister’s most senior aide – is linked to banker Julio Herrera Velutini who is accused of trying to bribe the governor […]
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The disparity in pay across the UK is growing. For many workers, pay increases have failed to keep up with rising costs, but for many people on high wages, the last two and a half years have been very lucrative. The incoming Chancellor of the Exchequer is likely to face criticism over his move to […]
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The UK’s most famous private school, Eton College has been condemned for playing football on Saturday despite an FA order to stop all games to show respect following the Queen’s death. Football fixtures at all levels, from Premier League matches to children’s sessions were cancelled this weekend, but not at Eton, which hosted two matches […]
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Former Shell worker Liz Truss has ruled out extending the windfall tax on energy companies’ £180 billion profits to help pay for her £130 billion plan to tackle soaring energy bills fuelling the UK’s cost of living crisis. Instead, Truss will borrow the eye watering amount, with taxpayers having to pay back the debt – […]
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