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Electric car drivers must pay tax from 2025

Motoring groups, including the AA, warned the move would reduce the incentive to switch to electric vehicles.

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Will chancellor Jeremy Hunt’s plan to fix the UK economy work?

The chancellor claims the downturn will be shallower than it otherwise would have been.

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What the Autumn Statement means for you and the cost of living

Chancellor Jeremy Hunt’s statement is full of policies that will affect your finances in the coming years.

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Energy bills to rise to £3,000 a year from April

Help has been extended, but it’s now less generous, meaning a typical household will pay more.

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UK faces biggest fall in living standards on record

Household incomes are forecast to fall 7% when adjusted for inflation and not recover for six years.

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Royal Mail asks to stop Saturday letter deliveries

It comes as the business seeks to revive its fortunes after slumping to a half-year loss.

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State pension to rise by 10.1%, says Jeremy Hunt

Jeremy Hunt also confirms working-age benefits will rise with inflation at a cost of £11bn.

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Ukraine war: Billionaire Andrew Forrest launches $25bn fund for reconstruction

Andrew Forrest’s Ukraine Green Growth Initiative aims to replace destroyed infrastructure.

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Vegan ‘cheese’ market booms as demand grows

As more people turn to non-dairy alternatives, vegan ‘cheese’ sales are taking off around the world.

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Milk and cheese drive food price inflation to 45-year high

High prices are hitting poorer people hardest, as they spend more of their income on food and energy.