Bank of England raises base rate

Jan 07, 2023

The Bank of England (BoE) has raised UK interest rates by half a percentage point to 3.5%.

It is the ninth consecutive increase and takes the base rate to its highest level for 14 years as the…

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Brexit deal not delivering for businesses

Jan 07, 2023

Over half of UK companies currently face difficulties in adapting to the new rules for trading goods with the EU, according to a British Chambers of Commerce (BCC) survey.

The survey also found…

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Plymouth and South Devon freeport gets go ahead

Jan 07, 2023

The Plymouth and South Devon freeport has received final government approval.

It will now receive up to £25 million in seed funding to help boost investment and support the growth of regional…

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Christmas Opening Times

Dec 21, 2022

Our Christmas opening times are:
Closed - 4.30pm on Friday 23rd December 2022.

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CBI praises Chancellor for 'delivering stability' in Autumn Statement

Dec 05, 2022

The Confederation of British Industry (CBI) praised Chancellor Jeremy Hunt for 'delivering stability and protecting the most vulnerable' in the Autumn Statement.

The business group…

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Tax burden rises following Autumn Statement

Dec 05, 2022

The UK's tax burden will rise after Chancellor Jeremy Hunt reduced the threshold on the top rate of tax and announced freezes on other taxes in the Autumn Statement.

The threshold for the top…

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IFS warns of fall in household incomes

Dec 05, 2022

The Institute for Fiscal Studies (IFS) has warned that household incomes will see their biggest drop in generations following the Autumn Statement.

The think tank warned that growth in living…

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OECD warns UK on course for biggest economic downturn

Dec 05, 2022

The UK economy is to suffer the biggest hit of all the G7 nations next year, according to a report from the Organisation for Economic Cooperation and Development (OECD).

The OECD forecasts that…

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Auto-enrolment has helped workers save £114 billion into pensions

Dec 05, 2022

Workers have saved more than £114 billion into their pension pots since pensions automatic enrolment was implemented ten years ago, according to data published by the Department for Work and Pensions…

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