In anticipation of what could be the government’s final Budget before the general election, Prime Minister Rishi Sunak asserted that the UK economy is on the right track. This statement comes amid preparations for Chancellor Jeremy Hunt’s Budget announcement, where tax cuts are expected to feature prominently while maintaining aContinue Reading

The Building Societies Association (BSA), representing numerous building societies in the UK, has raised concerns that mortgage reforms implemented following the 2008 banking crisis have inadvertently hindered first-time buyers’ access to the housing market. According to a report commissioned by the BSA, these reforms have overly prioritised financial stability, resultingContinue Reading

In a move to bolster Britain’s burgeoning artificial intelligence (AI) sector, Chancellor Jeremy Hunt is set to announce a significant increase in funding for the Alan Turing Institute, the national institute for data science and AI. The funding is expected to double, amounting to £100 million over a five-year period.Continue Reading