Gold prices shatter record as investors in ‘full-blown panic’ pour into precious metals
Gold prices have been climbing as investors seeking a "safe haven" for their money have poured into the precious metal, driving up its value
Gold prices have been climbing as investors seeking a "safe haven" for their money have poured into the precious metal, driving up its value
Reports suggest Ms Reeves is considering a range of measures to raise revenue without breaking Labour's pledge not to increase income tax, VAT or National Insurance.
Critics argue hikes to capital gains tax risk punishing long-term savers and destabilising the housing market rather than raising sustainable revenue.
Analysts have noted that bankruptcy rates have dipped only because many struggling households cannot even afford the court fees associated with going bust.
The latest data will be come as a bitter disappointment compared with the first quarter, which saw growth of 0.7%. Posting on X, Rachel Reeves said: "I know there is more to do to deliver an economy that works for working people."
The country has a service-based economy, with the major sectors being metal products, banking, agriculture, chemicals, and transport equipment.
Greed is good for business - worrying obsessively over hurt feelings and impoverishing ourselves to meet green targets are not.