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Interest rate hikes ‘net positive’ for economy but not everyone

Sky's Ed Conway says a report by a thinktank highlights an unusual phenomenon for the UK economy - though the actual benefits won't have been felt by many people. For more details please check the following link https://news.sky.com/story/interest-rate-hikes-net-positive-for-economy-but-not-everyone-13042250
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New workers rights and benefits

The government has set out the next stages for a number of new Workers' Rights Acts to support UK workers. In a recent press release they said: “The Employment (Allocation of Tips) Act 2023, which became law in May this year, requires employers to pass all tips on to workers. “Most employers already pass on…
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First-time buyers fall to ‘lowest level in a decade’

Yorkshire Building Society said around 290,000 first-time property owners entered the mortgage market in 2023 - a decline of more than a fifth on 2022's total. For more details please check the following link https://news.sky.com/story/first-time-buyers-fall-to-lowest-level-in-a-decade-13040737
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