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The Times says the worst is yet to come, with forecasts suggesting the cap could rise as high as £7,000 by April, and reports that Chancellor Nadhim Zahawi has become the first senior minister to suggest households should cut their energy use. It also says inflation could remain high until September next year and that the Bank of England will face pressure to further increase interest rates.

Times Front Page 4th of November 2024

British entrepreneur Sir James Dyson has condemned UK Chancellor Rachel Reeves’s budget as “spiteful,” arguing that her inheritance tax reforms will harm family businesses by imposing a 20% tax on estates over £1 million, which he claims will discourage enterprise and destroy family legacies.

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