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Tuesday newspaper round-up: Tax cuts, CBI, iPhones

Jeremy Hunt has warned that the high pace of inflation in Britain will prevent pre-election tax cuts this autumn amid signals from the Bank of England that another rate rise to ease cost of living pressures is coming next week. Speaking in India, the chancellor said he would be wary of putting money into the pockets of consumers in his November package because of the danger that it would overstimulate the economy and make it more difficult for Threadneedle Street to bring inflation down. &nd...
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Monday newspaper round-up: BMW, shop prices, Waitrose, Bernanke

BMW will unveil a significant investment in its electric Mini plant in Oxford on Monday, a move that will secure 4,000 jobs and strengthen the UK’s electric vehicle supply chain. The investment by the German carmaker is the result of “extensive” engagement with the UK government, according to the business and trade department, and marks a reversal of plans to move electric Mini production abroad to China. – Guardian
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Friday newspaper round-up: Pensions, vapes, hiring, Deloitte

Maintaining the triple lock on state pensions could add as much as £45bn to the welfare bill by 2050, putting “insurmountable pressure” on the government to increase the minimum retirement age, according to the Institute for Fiscal Studies. In a report published ahead of the release next week of official data for earnings growth, which will be used to set the annual increase in pensions, the IFS estimates spending on retirees could rise by a further £2bn from Apri...
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