Several news articles including this one from City AM have reflected recently that the English wine industry is experiencing an unexpected renaissance, with revenues soaring by 15% last year. This...

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Fiscal drag occurs when tax thresholds are frozen, leading to increased taxable income without changing tax rates. This subtle mechanism results in higher tax revenues for the government as more...

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The greatest barrier to the global energy transition is cost. Despite international consensus on the need to reduce carbon emissions, fossil fuels like oil, coal, and gas continue to dominate,...

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Warren Buffett, the legendary investor and CEO of Berkshire Hathaway, has been making waves recently by amassing a staggering $277 billion in cash while significantly reducing the company's stake...

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Rolls-Royce has announced a remarkable gesture of appreciation for its employees by gifting each of them shares worth over £700. This comes in the wake of a substantial business recovery that has...

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You’re walking through the frozen food aisle at your local Morrisons, and unbeknownst to you, a quiet revolution is taking place inside those freezers. Morrisons has decided to raise the...

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If you've been wondering why your morning coffee fix is costing you more than it used to, you're not alone. New data shows that the price of a cup of coffee has increased by as much as 57% over the...

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The recent decision by the Monetary Policy Committee (MPC) of the Bank of England to reduce the Bank Rate from 5.25% to 5% is a clear indication of the delicate balancing act central banks perform....

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Becoming a high-income country is the dream of many nations, but for over 100 countries, this dream faces significant hurdles. According to the World Bank's World Development Report 2024, many...

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The decision by the Bank of England (BoE) to cut base interest rates to 5% marks a turning point in the UK's economic landscape. This is the first reduction since the early days of the Covid-19...

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Recent speculation about changes to inheritance tax (IHT) in the UK has sparked a significant debate on how best to balance revenue generation with fairness. Inheritance tax in the UK is charged at...

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Greggs, the beloved and fast-growing UK bakery chain, has recently made headlines by increasing prices on select items, such as sausage rolls and cheese sandwiches. This move, though seemingly...

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The UK government’s recent decision to levy a 20% VAT charge on private schools starting January 2025 has stirred a whirlwind of debate. This policy, anticipated to generate an extra £1.5 billion...

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The choice of exchange rate system (regime) can be a crucial one for emerging and developing countries. Ethiopia's central bank has made a bold move by floating the birr, the national currency,...

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The recent surge in ice cream prices, with increases as high as 38%, has sparked a heated debate about "greedflation"—the idea that companies exploit economic crises to unjustifiably raise prices....

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As the world pivots towards a more sustainable future, Africa stands on the brink of an economic transformation driven by the green economy. A recent report by FSD Africa in collaboration with the...

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The concept of a Universal Basic Income (UBI) has captivated thinkers across the political spectrum. It promises a radical shift in the way we think about income distribution, work, and social...

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A new report from the Competition and Markets Authority (CMA) sheds light on a significant economic issue: the increasing profit margins among fuel retailers, which are impacting consumers,...

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The expansion of London's Ultra Low Emission Zone (Ulez) has sparked significant debate and delivered tangible results. According to a recent report by City Hall, the initiative has led to a...

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In a major development for the financial technology sector, Revolut, a London-based fintech company, has finally secured a UK banking licence. This comes after a three-year journey filled with...

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