Economic analysts have warned that the rate of inflation could keep rising in 2023 as a result of rising energy prices. Think tank the Resolution Foundation stated that inflation could go above 15%, whilst investment bank Citi said that it is ‘entering the stratosphere’ and could reach 18.6%. Predictions outlined by the Bank of England (BoE) have suggested that inflation coul ...
Treasury Committee warns government against 'flying blind' with Emergency Budget
The Treasury Committee has urged the government to provide assurance that it is not ‘flying blind’ into a potential Emergency Budget this September. In a letter sent to Chancellor Nadhim Zahawi, Mel Stride, Chair of the Treasury Committee, asked whether the Treasury is working with the Office for Budget Responsibility (OBR) on a forecast to be published with any potential Emer ...
TUC urges government to raise NMW 'immediately'
The Trades Union Congress (TUC) has called on the government to increase the National Minimum Wage (NMW) rates 'immediately' in order to guarantee decent living standards for families. Research carried out by the TUC found that UK poverty levels are 'likely to get worse' if ministers continue to hold down pay. Additional financial support for families announced by the Treasury ...
HM Queen Elizabeth II
On behalf of all at Ward Williams, we offer sincerest condolences to the Royal Family following the passing of HM Queen Elizabeth II. We pay tribute to her lifelong dedication and service. ...