UK economy

• UK home sellers increase discounts to secure deals, Zoopla data shows 27th September 2023
  Reductions rose in September to 4.2% of original asking price, the highest level since early 2019
• Liverpool has more stable jobs than other regions, research says 27th September 2023
  But employees in north and Midlands struggling more than those in south to find fair pay and predictable hours
• National Grid explores paying UK households to turn down heating 27th September 2023
  Energy network operator to run a trial to reduce gas demand if shortages loom
• Labour says it will not strip private schools of charitable status 27th September 2023
  Party officials shift focus to making independent schools pay VAT and business rates in event they win power
• Oilfield approval reignites debate over UK’s green transition 27th September 2023
  Also in this newsletter: Trump troubles, HS2 hullabaloo, flying taxis
• UK savers continue to raid pensions as inflation takes its toll 27th September 2023
  £4bn withdrawn between April and June this year
• UK regulators approve plans for new Rosebank North Sea oilfield 27th September 2023
  Move condemned as ‘reckless’ by climate change campaigners
• Director of troubled charities bank to head UK deposit protection scheme 27th September 2023
  Martyn Beauchamp is set to be named interim chief executive of the Financial Services Compensation Scheme
• Hotter weather boosts growth prospects for English winemaker Chapel Down 27th September 2023
  Reluctant beneficiary of climate change says temperature rises will double the size of its business by 2026
• Beware fiscal rules that are easy answers to complicated problems 27th September 2023
  I was wrong to think that taking into account UK public sector assets, as well as debt, would be a silver bullet