How will the changes to workers' rights affect you?

The Labour Party has reversed its commitment to provide day-one protection from unfair dismissal, now planning to implement this right after a six-month period, which contradicts its election manifesto. This decision has sparked criticism regarding the party's adherence to its promises.

Chancellor Rachel Reeves has presented the UK Budget for 2025, which includes a £26 billion tax increase and increased welfare spending aimed at addressing the ongoing cost of living crisis. This budget is a significant move for the Labour government as it seeks to balance fiscal responsibility with the needs of citizens facing economic challenges.

Businesses in Surrey have expressed mixed reactions to Chancellor Rachel Reeves' recent Budget, which includes significant reforms aimed at addressing the ongoing cost of living crisis. The Budget features a £26 billion tax increase and changes to welfare policies, which have sparked varied responses from local enterprises.

Typical gas and electricity bills in the UK are expected to decrease slightly starting in January, following the introduction of a new energy price cap. This change is projected to lower the average annual energy bill by £22, bringing the total to £1,733 according to Cornwall Insight.

Editor’s Note: This change in energy prices is important as it affects household budgets and overall energy affordability. Understanding these adjustments helps consumers plan their expenses better.

The recent Budget announcement has left businesses questioning the lack of significant pro-business measures, as highlighted by Simon Jack. The absence of growth-oriented policies has raised concerns among business leaders about the future economic landscape.

The Institute for Fiscal Studies (IFS) has reported that average disposable income in the UK is projected to increase by only 0.5% annually over the next five years, indicating a dismal outlook for household spending power. This stagnation in income growth raises concerns about the financial well-being of families across the country.

The Office for Budget Responsibility (OBR) has called in a cyber expert to investigate a premature release of Budget analysis documents, which disrupted Chancellor Rachel Reeves's planned statement. Journalists accessed the sensitive information ahead of the official announcement, leading to a chaotic situation for the Labour government.

An all-electric version of the classic Morris van, a familiar sight in the 1950s, is set to go into production, marking a significant update to this iconic vehicle. The transition to electric power reflects a growing trend in the automotive industry towards sustainable transportation solutions.