UK inflation falls to 3.6% — But why are food prices still so high and what will the 2025 budget change?”

UK inflation falls to 3.6% — But why are food prices still so high and what will the 2025 budget change?”

After months of stubborn price pressures and a frustrating standstill in consumer confidence, the United Kingdom has finally recorded a modest shift in its inflation trajectory. October’s Consumer Prices Index (CPI) eased from 3.8% to 3.6%, signalling what many analysts hope is the beginning of a gradual return to economic stability. While modest, the drop … Read more

Is Rachel Reeves about to make expensive e-bikes a thing of the past? New cycle to work limits explained

Chancellor Rachel Reeves. Image Credit: PA Media

Chancellor Rachel Reeves is preparing to scale back tax advantages for employees purchasing luxury bicycles through the Cycle to Work scheme, a move expected to reshape the popular green commuting initiative. According to The Guardian and Financial Times, Reeves is expected to announce a new spending limit on the scheme in her upcoming 2025 Budget, amid … Read more