Stay updated with breaking news from Sam Miley. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
EXCLUSIVE: The Chancellor made a dramatic intervention after new figures showed the economy is continuing to grow following a mini-slump last year.
Policy changes, including the reduction in national insurance contributions, uplifts to pension payments, social benefits and the national living wage, are also expected to further boost household spending power in the coming months
While such households saw some ‘green shoots’ of recovery, the figures show that their discretionary income is still negative,
The decision by the UK Government has been challenged by industry leaders
Chancellor Jeremy Hunt is under further pressure to bring back the refund scheme, which was abandoned in a post-Brexit bonfire.