103 results for "budget"

According to reliable government sources, Chancellor Jeremy Hunt is currently mulling over further National Insurance reductions. The announcement of tax policy scheduled for September is generating growing impatience about the tax...

Law firms have warned that private schools are being "forced" to anticipate redundancies in advance of Labour's planned 20% VAT on tuition fees. Following Sir Keir Starmer's proposal to tax...

High earning parents are the biggest beneficiaries of the latest budget adjustments, as the chancellor announced a major restructure of a tax penalty that is set to have an impact...

British pensioners with income tax may be concerned to learn that they stand to lose £1,000 in Chancellor of the Exchequer Jeremy Hunt's new Budget. His proposal to freeze the...

Jeremy Hunt's recent Budget 2024 announcement includes a strategic manoeuvre: a 2p reduction in national insurance rates. This decision aims to boost both his declining approval ratings and revitalize the...

UK Chancellor Jeremy Hunt's Budget 2024 announcement may have left you wondering about the impact on your finances. Substantial changes are on the horizon, with key measures on tax, benefits,...

As the eagerly anticipated Budget announcement approaches this Wednesday, Jeremy Hunt has dropped hints suggesting a potential introduction of tax cuts. This strategic move, if implemented, could have significant implications...

The UK Treasury has unveiled its plans for an £800 million budget package of technology reforms aimed at improving the efficiency of the NHS and the Police Service. Chancellor Jeremy...

Britain's tax burden is set to hit an all-time high regardless of what the Chancellor announces in next week's Budget, according to a new analysis. This is primarily due to...

Jeremy Hunt received a pre-budget boost with the latest government borrowing figures revealing that the UK achieved a monthly budget surplus in January, marking a record since modern record-keeping began...

Jeremy Hunt, has indicated that there will be limited space for tax cuts in the upcoming spring budget next month. This announcement comes shortly after the IMF cautioned the UK...

The Department for Work and Pensions (DWP) announced changes to May's benefit payment date due to the upcoming bank holiday. Millions of beneficiaries throughout the UK will receive their scheduled...

A report by the UK's spending watchdog, the National Audit Office, has revealed that taxpayers have spent the equivalent of 800 years on hold with HM Revenue and Customs (HMRC)...

As the cost of living rises in Britain, the government's Household Support Fund has become a lifeline for thousands of struggling households. This initiative channels financial resources to local councils,...

The next government will be required to hit voters with post-election tax increases and delay net-zero investment unless it is willing to scrap Treasury guidelines for managing public finances, according...

The Bank of England is likely to hold interest rates at 5.25% for the sixth time in a row on Thursday. The move comes as inflation, which tracks price increases...

Taxes and high interest rates are set to make the UK economy the slowest growing in the G7 next year, according to forecasts by the Organisation for Economic Co-operation and...

Chancellor Jeremy Hunt's government recently made an announcement that should bring much-needed relief to thousands of struggling households across the UK. A £421 million support programme, Household Support Fund, is...

Retail data recently showed that non-food prices in UK stores fell annually for the first time since 2021, bringing overall shop inflation below 1%, easing the burden of rising living...

Amidst the renewal season for tax credits, HMRC has issued a crucial warning to 730,000 claimants. Those receiving Working Tax Credit and or Child Tax Credit will start receiving renewal...

UK households will soon receive four Cost of Living payments as part of a major Cost of Living boost dedicated to the most impoverished families amid the critical financial period...

British workers are set to benefit from a major financial break from HM Revenue and Customs (HMRC). As part of the Government's Spring Budget, HMRC is set to launch a...

As of 2024, the UK's mortgage payments had risen by a staggering 60% compared to 2021, giving a clear idea of the financial pressure homeowners are under. This significant jump...

According to the Trades Union Congress, many average UK workers have seen £200 vanish from their bank accounts.  Average UK Workers Experience Real Wage Decline, Criticisms of Conservative Policies Arise...

British universities find themselves in a paradoxical situation of axing hundreds of teaching positions and simultaneously hiring 'Woke'' Assistants with high salaries, some as high as £100,000. UK Universities in...

In light of growing challenges to international security, the prime minister Rishi Sunak announces an increase in the military budget. UK Plans Defence Spending Increase to 2.5% of GDP by...

Ministers have been advised that private sector workers and businesses must contribute more to their pensions to avoid a retirement crisis. Urgent Reforms Needed to Bolster Pension Contributions According to...

The independent public spending watchdog warns that the quality of services for England's most vulnerable children may be compromised by the UK government's proposed Extended Childcare Offer. The National Audit...

Universal Credit claimants with children have been alerted to the potential for childcare support worth up to £1,739 per month. This is part of the UK Government's initiative to help...

According to new UK government welfare reform proposals, more than one million people with mental health disorders might lose Personal Independence Payments (PIP) worth up to £737.20 every four weeks...

Prime Minister Rishi Sunak has announced massive changes to the UK's welfare system. Mr Sunak stated in a speech on Friday morning that it is a "moral mission" to reform...

The think-tank claims that eliminating three important inheritance tax reliefs would create a fairer system and bring in £3 billion for the Treasury in the current tax year. In a...

The staggering sum of £23 billion encompasses a range of crucial benefits, including over £8 billion in Universal Credit, £3.4 billion in Council Tax Support, and more. According to a...

According to current statistics, approximately one million households in the UK could lose up to £6,500 in state pension due to a simple oversight in claiming child benefit. Shockingly, child...

The UK's Household Support Fund (HSF) is providing assistance of up to £500 for the most vulnerable households. First introduced in October 2021, it has provided a source of financial...

According to a Resolution Foundation analysis, a single parent who rents and works 30 hours per week at the national living wage will be roughly £3,800 better off in 2024–25...

Whether it is the food in your fridge or your monthly mortgage payments, inflation has seen costs rise sharply for UK households over the last two years. Just two years...

Britain's rental market has seen a rise in the cost of new tenancies in recent years, a trend that is set to continue, according to the Resolution Foundation. The think...

This May, expect several changes to the timing of receiving Universal Credit and other benefit payments, particularly due to two upcoming bank holidays. Stay informed on how these adjustments will...

Thousands of households are expected to receive their portion of a £421 million UK bank boost intended to assist with basic expenses. UK Bank Boost: Government Expands Household Support Fund...

The start of the new tax year has brought a financial boost to millions of UK workers. National insurance schemes have been in place since 6 April 2024, and British...

The Department for Work and Pensions (DWP) is extending its help even further this year. With its new £812 loan scheme, the DWP is taking a generous step towards ensuring...

The UK's Individual Savings Accounts (Cash ISAs) are about to undergo a number of changes as part of the Chancellor's Budget announcement in March. Savers will need to adjust their...

The National Health Service (NHS) in England is laying the foundations for a major leap forward in diabetes care by introducing an artificial pancreas for people with type 1 diabetes....

According to the Institute for Fiscal Studies, more than half a million of UK pensioners will face paying income tax for the first time this week. Tax Burden on UK...

Britain's households are set to be hit by a wave of rising bills for essential services, as a number of companies implement their annual price hikes from 1 April. The...

Millions of UK workers could see a boost in their bank accounts starting April 7, as the UK's lowest-paid workers receive a salary increase, resulting in an additional £160 for...

The Department for Work and Pensions has boosted its household support fund to provide an additional £500 million in the wake of the Budget. Department for Work and Pensions Extends...

U.S. President Joe Biden signed a $1.2 trillion spending package on Saturday, keeping the government covered for a fiscal year that started six months ago. President Joe Biden Approves Trillion-Dollar...

UK banking officials and pension fund managers have expressed concern about the potential market failure of long-term government Bond auctions, which could plunge the country into financial turmoil similar to...