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Economy
UK business investment lowest in G7 countries: Stocks to eye
September 20, 2022 07:41 PM AEST| By Abhishek SharmaHighlights:,Despite corporation tax cuts, business investment in the UK has dipped to the lowest among the Group of Seven (G7) countries.,The news comes as the government prepares to reverse a planned increase in corporation tax.,The UK government ha...
Stocks to eye amid less-than-expected economic growth
September 12, 2022 09:20 PM AEST| By Rishika RainaAmid the growing cost-of-living squeeze, economic growth in the UK has turned out to be slower than expected.
Inflation-proof stocks to watch as Truss wins PM race: Kalkine Media explores
September 06, 2022 06:40 PM AEST| By Rishika RainaLiz Truss has been announced as the leader of the Conservative Party on Monday.
Liz Truss to be new UK PM: What does it mean for your taxes?
September 05, 2022 11:49 PM AEST| By Abhishek SharmaHighlights:,Liz Truss' campaign opened and closed with tax cuts as the way out to the cost-of-living crisis.,There have been concerns that huge tax cuts will increase the government debt.,After weeks of hustings and campaigning,,Liz Truss,has defeate...
Liz Truss named new UK Prime Minister
September 05, 2022 09:40 PM AEST| By Abhishek SharmaHighlights:,Liz Truss is set to become the new UK prime minister,She was announced as the leader of the Conservative Party on Monday evening.,The leadership race is now over, and the UK is set to get a new prime minister.,Lizz Truss,, who served as t...
Top banks to watch as UK elects Liz Truss as Prime Minister
September 05, 2022 08:46 PM AEST| By Rishika RainaTruss has recently said that it would be entirely wrong for her to tell how much the interest rate should be.
Truss vs Sunak: Challenges for the new UK PM
September 05, 2022 06:02 PM AEST| By Abhishek SharmaHighlights:,The name of the UK's new PM will be announced on Monday.,Liz Truss is expected to be the winner, as per reports citing Conservative Party sources.,It's just a few hours until the announcement of the,new UK PM,. For most, the money is on L...
Liz Truss vs Rishi Sunak: How do they plan to fix high inflation?
September 04, 2022 07:00 PM AEST| By Abhishek SharmaHighlights:,The leadership race is down to Lizz Truss and Rishi Sunak.,The country will get a new prime minister on Monday when Conservatives decide who'll lead the party.,It is just a few days that the UK will get a new prime minister. The race is d...
Top 10 FTSE 100 stocks that investors can eye in September
August 30, 2022 04:43 PM AEST| By Abhishek SharmaThe FTSE 100 index or footsie constitutes the top 100 companies that trade on the London Stock Exchange.
Current UK energy crisis likely to have bigger impact than 2008 crash
August 27, 2022 05:00 PM AEST| By Abhishek SharmaHighlights:,UK's energy regulator Ofgem has raised the energy price cap by 80% to £3,549.,The hike risks pushing more people into fuel poverty as they'll be spending more than 11% of their disposable household income on energy bills.,Millions of Brit...
Stocks on investors' radar as Brits default on bill payments
August 24, 2022 10:58 PM AEST| By Abhishek SharmaHighlights:,Inflation hit double digits in July, forcing people to make difficult choices.,A major chunk of people defaulted on at least one bill last month, data from the consumer group Which? claimed.,The,cost-of-living crisis,has troubled millions...
Six million Brits to get cost-of-living payments: Which stocks to eye?
August 23, 2022 11:29 PM AEST| By Abhishek SharmaHighlights:,People with disabilities will receive the £150 cost of living payment in September, the Department for Work and Pensions has announced.,The payment will be made directly to those receiving certain disability benefits.,Amid the high,cost o...
10 stocks to watch as households face record dips in real income
August 07, 2022 09:30 PM AEST| By Rishika RainaThe most significant contributor towards the rising household bills is the soaring energy costs.
What does BoE's biggest interest rate hike mean for you?
August 05, 2022 06:46 PM AEST| By Abhishek SharmaHighlights:,The Bank of England has hiked the interest rates by 50 bps, the biggest in the last 27 years.,It also raised its inflation forecast, saying it may reach 13% by the end of this year.,In its bid to tighten the noose on inflation, the,Bank o...
Why UK’s net zero plan is still work in progress
August 02, 2022 12:35 AM AEST| By Rishika RainaThe UK’s ambitious net zero by 2050 target was proposed by CCC.
Tax cuts: Where do Rishi Sunak and Lizz Truss stand?
August 01, 2022 11:21 PM AEST| By Abhishek SharmaHighlights:,The UK will get a new prime minister on 5 September, and it'll either be Rishi Sunak or Lizz Truss.,Both have sharply divergent plans to handle to economy and deal with challenges like inflation.,The Conservative leadership contest is dow...
TSCO, GSK, HSBC: Stocks to watch as Rishi Sunak promises slash income tax
August 01, 2022 09:46 PM AEST| By Priya BhandariHighlights,Tory leadership contender and former chancellor Rishi Sunak has vowed to slash the basic rate of income tax to 16% from 20% by the end of the next parliament if he becomes Prime Minister.,The tax cut will be funded by extra revenues genera...
ULVR, AZN, BATS: Stocks to watch as IMF cuts UK growth forecast
July 27, 2022 06:39 PM AEST| By Priya BhandariHighlights,The International Monetary Fund (IMF) has cut global growth forecast to 3.2% this year from a forecast of 3.6% issued in April.,The UK is expected to see 0.5% Gross Domestic Product (GDP) growth in next year, down from January’s forecast o...
Stocks to keep a close eye as DWP releases payments to over 7.2 million
July 22, 2022 09:52 PM AEST| By Priya BhandariHighlights,The DWP has announced that more than 7.2 million cost-of-living payment of £326 has been made as part of former chancellor Rishi Sunak’s support package to help already struggling low-income households.,The eligible households for the cost...
UK economy bounces back in May: Are challenging times over?
July 13, 2022 11:46 PM AEST| By Abhishek SharmaHighlights:,The UK economy registered an unexpected growth in May, largely aided by GP appointments.,The monthly GDP is now 1.7% above its pre-pandemic levels.,Even as concerns over the rising,inflation,and imminent recession continue, the UK economy...
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