Alcohol will become more expensive from August, as taxes on some booze increase. A new system, which taxes drinks in line with their strength, will also be introduced.
25.06.2023 - 13:05 / manchestereveningnews.co.uk
Rishi Sunak said there is 'no alternative' to tackling inflation other than raising interest rates as he told Brits feeling the pinch to 'hold our nerve.'
The Bank of England last week piled pressure on mortgage-holders as they raised interest rates to the highest level in nearly 15 years.
The central bank issued its 13th interest rate hike in a row, this time by half a percentage point from 4.5% to 5% in the sharpest increase since February.
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The move surprised many economists who had been expecting a smaller hike of 0.25 percentage points and has left homeowners s bracing themselves for a big jump in their monthly repayments.
It is aimed at reducing inflation, which measures the rate of rising prices and remained at 8.7 percent in May despite efforts to tame it.
Speaking on the BBC’s Sunday With Laura Kuenssberg programme, Mr Sunak said the bank had his 'total support' in their efforts to stamp out inflation which he labelled as 'the enemy.'
“The Bank of England is doing the right thing" he said. "The Bank of England has my total support. Inflation is the enemy for all the reasons that we have talked about. Inflation is what makes people poorer.”
Asked if there is another way than raising interest rates, the Prime Minister said: “There is no alternative to stamping out inflation. I get that this is challenging, but we’ve got to stick to the course.
“I want people to be reassured that we’ve got to hold our nerve, stick to the plan and we will get through this.”
Treasury minister John Glen noted there “isn’t a single quick lever” the Government can pull to tackle inflation. “There isn’t one single thing I can do sat in Whitehall that’s going
Alcohol will become more expensive from August, as taxes on some booze increase. A new system, which taxes drinks in line with their strength, will also be introduced.
attended a cricket match together on Saturday, and body language experts have analyzed their strong bond.Specialist Inbaal Honigman told the Daily Star recently that William “wants the world to see” how close he is to George, adding that the sporting game was a nice moment for William and George to connect and show the latter’s maturity.“George appears older than his years. We don’t see any fidgeting, he’s sitting patiently, watching and chatting,” she explained.“[He was] fully engaged with the environment around him,” she said.At the bash, the Prince of Wales and his heir sat next to each other and giggled as they watched the energetic and high-stakes game from their private box.The duo even shared a yummy pizza and chatted with figures like entertainer Stephen Fry and prime minister Rishi Sunak.Another body language expert, Adrianne Carter, revealed that George’s confidence at public events has blossomed.“William comes across as a hands-on parent and willing to take the time to spend with his oldest son one on one.
King Charles is set to have a meeting with U.S. President Joe Biden next week.
The Prince of Wales and Prince George have enjoyed a father and son day out at the cricket. George, aged nine, was seen tucking into a slice of pizza while his father talked with Prime Minister Rishi Sunak.The royal pair were spotted watching the second Ashes test match from a box at Lord’s cricket ground in London on Saturday 1 July. Commentators on social media noted how alike the father and son appeared as they both wore blue blazers and light-coloured shirts while watching England take on Australia, where Stuart Broad is playing.
The government's plans to deport asylum seekers arriving in the UK to Rwanda are unlawful, the Court of Appeal has ruled. Three judges have overturned a previous High Court judgment that had decided the east African nation could be considered a “safe third country”.
Prime Minister Rishi Sunak faced stark calls for a general election if he failed to meet his inflation reduction target. Mr Sunak was berated in the House of Commons, with one MP dubbing him as "literally the worst person" to lead the nation through a cost-of-living crisis due to his alleged role in its creation.
When the show was announced, eldest child Brooke, 26, took to her Instagram story to express her heartache at the project.
Stephen Flynn has slammed "near billionaire" Rishi Sunak for having "patronised the public" over mortgage rate rises during Prime Minister's Questions on Wednesday. The SNP Westminster leader said that the Prime Minister was "out of touch" and asked him "when was the last time he struggled to pay a bill".
Emmerdale fans have shared their upset at the latest episode of the soap as Jai Sharma was seen confronting his dad Rishi after discovering he wasn't actually his real dad. Jai was left stunned earlier this week when he discovered that he is adopted after finding his adoption papers.
Emmerdale's Jai Sharma is about to see his devastating bombshell news become even more traumatic as his father Rishi is unable to admit to the truth. This week, fans of the ITV soap saw Jai (Chris Bisson) stumble across a life-changing secret about himself while searching for his divorce papers.
Rishi Sunak said it ‘will take time’ to reduce long NHS waitlists as he promises a new workforce plan will ‘do something that no government has ever done’.
The Prime Minister has issued a warning to supermakets over rising grocery costs.
The Bank of England has once again decided to raise interest rates after a meeting with members of the Monetary Policy Committee today (June 22). After a majority vote of 7-2, the base rate now sits at 5 percent after a huge 0.5 percent increase.
The Bank of England (BoE) has agreed to raise the Base Rate for the 13th time in a row.
Prince William's special day. On Wednesday, King Charles' firstborn son celebrated his 41st birthday. In honor of the occasion, the Instagram account for Britain's new monarch featured a rare photo of the father and son at a rehearsal for Charles' coronation in May.
The Bank of England (BoE) is set to release the new interest rate this week amid new figures that show inflation has failed to fall.
EXCLUSIVE: Disney has raised serious concerns about new UK laws that will require it to send contract renewal notices to Disney+ users and allow customers to “game” the streaming service without paying.
Boris Johnson has been banned from Parliament as MPs voted overwhelmingly to back a damning report into his partygate denials.
Invitations for the gathering Tory HQ during lockdown described it as a "Jingle & Mingle Christmas Drinks" party.
Despite the backlash, the cast of Warnie stand by the show, insisting it was made with care and the utmost respect.