£6 fee for Schengen area entry from 2025 for most adults.
New EU visa waiver for UK travellers
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Current Affairs
Interest rate cut boosts property market
Lower mortgage costs revive buyer interest and raise house prices.
Employment bill to boost workplace rights
Government suggests day-one rights and living wage reforms.
UK economy grows 0.6% in Q2 2024
Services sector drives second quarter of growth.
SMEs struggle to secure public sector contracts
SMEs account for only 20% of public procurement spend.
Unemployment drops as wage growth slows
Wages stagnate while vacancies decline.
First inflation rise of year forecast
Higher inflation expected as cost of living pressures persist.
Public procurement sees limited SME gains
New act aims to boost small business participation.
A third of SMEs distrust AI in finance
SMEs see a mix of automation and human oversight.
Bank of England cuts interest rates
First reduction in four years sees a 0.25% cut.
Rising poverty linked to mortgage rates
Interest rate hikes push households into financial distress.
Labour Budget date set for 30 October
£20 billion deficit is expected to be addressed.
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