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Labour's plan to introduce a “genuine living wage” for all workers could lead to inflation and job losses, economists at HSBC have warned.
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Labour Warned Over Living Wage Plans

HSBC economists warn that Labour's living wage plans could fuel inflation and job losses. Meanwhile, Rachel Reeves outlines plans for a global investment summit to boost…

Reform UK has launched its 2024 general election manifesto, promising sweeping tax cuts and public sector reforms after overtaking the Conservatives in a recent poll.
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Reform UK Manifesto: Seven Million to Pay No Income Tax

Reform UK unveils its 2024 manifesto, pledging significant tax cuts and public sector reforms. Key policies include raising the income tax threshold, eliminating IR35 rules, and…

The recent increase in the minimum wage is exerting significant pressure on employers, leading to a sharp reduction in summer job hiring.
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Summer Job Cuts as Minimum Wage Increase Bites

Rising minimum wage pressures have led to a sharp decline in summer job hiring in key sectors such as hospitality, tourism, and construction, as employers grapple…

Barclays has suspended its sponsorship of all 2024 music festivals organised by Live Nation, including popular events such as Download, Latitude, and the Isle of Wight Festival.
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Barclays Suspends Festival Sponsorship Amid Protests

Barclays suspends 2024 sponsorship of Live Nation festivals, including Download and Isle of Wight, following artist protests over the bank's links to arms companies trading with…

Labour has announced plans to permanently extend the mortgage guarantee scheme, initially introduced by the Conservatives in 2021 under then-Chancellor Rishi Sunak, if they win the upcoming general election.
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UK House Prices Expected to Stagnate in 2024

Capital Economics downgrades UK house price forecast to a mere 0.5% rise in 2024, citing high mortgage rates and increased supply as key factors behind the…