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The Times reports the 18% inflation forecast will put pressure on the Bank of England to increase interest rates in a bid to get the economy under control. The Citi report, which warns inflation was “entering the stratosphere”, said the BoE might be forced to raise interest rates from the present level of 1.75% to as high as 7%.

Times Front Page 31st of October 2024

The Chancellor has announced the Budget for 2024, indicating a significant increase in public borrowing by £32 billion per year and raising taxes to the highest level on record, alongside concerns from economists about the potential stagnation of economic growth due to downgraded forecasts.

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Times Front Page 30th of October 2024

Two Conservative leadership candidates accused the government of withholding information related to the Southport incident, claiming concern over a potential cover-up and emphasising the need for transparency in the investigation.

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