As the new year begins, millions in the UK are struggling to balance winter expenses with rising household costs due to record-high prices and inflation at 2.6 per cent in November. Despite promises of support from Labour, with increases in national living wage and benefits, low-income households still face a bleak economic outlook, with projections of more people falling into poverty by October 2029 if action is not taken. Additionally, delays in winter fuel payments and pressure on the DWP highlight the ongoing challenges faced by households in the current financial climate.
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Fresh blow for Rachel Reeves as AstraZeneca scraps £450m investment in UK vaccine plant
Rachel Reeves' hopes to regain business confidence suffered a blow as AstraZeneca cancelled a £450 million investment in a vaccine plant in Merseyside, amid concerns over promised subsidies. This setback came after failed attempts to attract major investments and job losses at companies like Lloyds Bank and Tesco, with criticism focused on national insurance hikes and new employment rights. Shadow business secretary Andrew Griffith criticized Labour's handling of the situation, highlighting the impact of tax...
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