Fuel Price Drop May Be Short-Lived as Oil Surges on Middle East Tensions
Nearly 47,000 UK businessess in “Critical Financial Distress”.
The final quarter of 2024 saw the fastest-ever increase in businesses teetering on the edge of collapse following a Budget severely undermining corporate confidence.
Prepare for additional tax increases, warns Institute for Fiscal Studies (IFS).
British households should prepare for additional tax increases, a leading think tank has cautioned.
Budget 2024 – Rachel Reeves has announced a £40 billion tax increase.
Rachel Reeves has announced a £40 billion tax increase as she presented the first Budget by a Labour government in 14 years.
Oil prices set to drop as global economic slowdown looms ‘weakest since 2011’
Analysts expect oil prices to drop significantly soon due to concerns about China’s demand.
The AA warns that abolishing the 5p fuel duty could lead to permanently high prices.
The AA has warned that eliminating the 5p fuel duty cut in the Budget could lead to “perma-high” petrol prices for drivers in the coming years.