64 results for "general election"

In an effort to allay rumours over when the next general election would be held, Rishi Sunak declared that his "working assumption" was that the vote would happen in the...

As the UK's General Election approaches on July 4, benefits recipients are understandably concerned about how a change in government could affect their payments in the coming months. Political parties...

The Bank of England is not very optimistic about the French elections. The Bank reckons that the French elections are likely to shake up the world's financial scene and even...

On Monday, UK Prime Minister Rishi Sunak announced a tax cut plan for millions of pensioners, thereby raising the importance of the elderly electorate in the forthcoming elections in July....

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 Department for Work and Pensions scraps its plan to replace PIP cash payments with vouchers, but warns of new reforms.

Immediate financial cuts worth billions of pounds will be announced by Rachel Reeves, the Chancellor, as part of her plan to resolve a £20bn shortage in the national accounts. The...

A new proposal suggests that Jobcentres, which serves those using Department for Work and Pensions (DWP) and Universal Credit across the UK, should integrate NHS services in order to get...

The research shows that by 2026 million pensioners could suffer from so-called “retirement tax” on their state pension. Labour will hold the current tax threshold at £12,570 up to 2027-28....

The Department for Work and Pensions has suggested potential cuts to new claims and end-of-award renewals for Personal Independence Payments (PIP). DWP PIP Overhaul: New Measures Considered to Control Rising...

UK retail sales fell last month as cold weather discouraged consumers from purchasing summer season items and gardening supplies, in spite of strain easing on families amid a slowdown of...

Following the Labour Party's victory in the general election on 4 July, millions of older people in the UK can expect the triple lock policy, which guarantees safe payments of...

Energy customers will be able to save up to £300 annually as the new Labour Government implements one of its key manifesto pledges, Great British Energy (GB Energy). GB Energy...

The British pound stayed strong, but London's FTSE 100 index had trouble keeping its gains, overshadowed by economic developments abroad even as Labour's anticipated victory in the General Election became a reality. The Pound Rose, While the FTSE 100 Index Declined Despite Labour's...

UK households are set to get up to £997 in new benefits, boosts, and bill reductions due to financial changes taking effect this July. This month is both financially and...

According to the Department for Work and Pensions (DWP) the number of people who have applied for out-of-work sickness benefits has reached unprecedented highs in the first four months of...

The UK's general election is right around the corner, with all the major parties unveiling their plans to manage the persistent cost of living crisis. Cost of Living Payments and...

New figures reveal that claims made to the Department for Work and Pensions (DWP) have seen a noticeable rise. The significant demand for the disability benefit arises as new reforms...

Council tax bills are expected to climb by £600 per year, delivering a cost-of-living shock to millions of households throughout the UK. Council Tax Warning: Funding Crisis Looms for Local...

Seven major money and Department for Work and Pensions (DWP) adjustments will take effect in July. The upcoming month will bring updates to everything from energy bills to benefits, which...

Under the Triple Lock program, around 9.7 million pensioners receiving the Basic State Pension could see their weekly benefits increase by up to £40 per month. If the Conservatives and...

Last April, the UK saw an increase of 1.1% in average house prices over the same month the previous year, says the Office for National Statistics (ONS). This positive trend...

Millions of UK households could face a council tax increase after July. The Labour Party's Wes Streeting has refused to rule out a council tax increase if it wins the...

If the Conservatives win the General Election on July 4, they have promised to reform the benefits system and put an end to soaring welfare bills. The Tory manifesto states...

One of the largest unions in the country, Unite, is advocating for the reduction of the state pension age to 65 years old to guarantee "a respectable retirement for everyone."...

The Department for Work and Pensions (DWP) said it has been reviewing thousands of pensioners' bank statements following a significant increase in fraud. Pension Credit Overpayments Surge to £520 Million,...

Reform UK is expected to announce a bold economic strategy on Monday that includes raising income tax and inheritance tax thresholds. The party says these tax cuts can be financed...

A leading think tank is warning that ‘hidden in plain sight’ tax rises could cost British households £800 a year, regardless of who wins the election. Frozen Tax Thresholds Push...

The latest figures from mortgage lender Halifax show that during the crucial spring sales period, UK house prices remained unchanged in May, supported by rising wages and a rise in...

Under a new Tory Party plan, state pensioners will notice an extra £100 in their bank accounts, and that's "just the start." State Pensioners Set to Receive £100 Boost Under...

This June is set to bring an avalanche of financial updates that could affect your personal finances. From new cost of living payments to Universal Credit updates, here's a look...

Millions of people are finding it increasingly difficult to pay their bills, buy essentials or even maintain a secure home unless they rely on state benefits, as the cost of...

The UK emerged from recession at the beginning of the year thanks to stronger-than-expected growth. According to official statistics, the GDP expanded by 0.6% between January and March—the quickest pace...

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...

Millions of non-benefit claimants are noticing an additional £57 in their account balances. This is due to reductions in National Insurance, the tax paid by working people, which allows households...

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...

KPMG UK has cancelled employment offers for certain foreign graduates in the UK after the government strengthened visa requirements for abroad workers in an effort to reduce record immigration. KPMG...

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...

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...

According to the Office for National Statistics, the UK economy saw a 0.1% increase in Gross Domestic Product (GDP) in February of this year, following a 0.3% rise in January....

Leading UK Affordable Housing Associations issued warnings recently, pointing to a growing shortage of housing supply and the increasing financial difficulty of building new affordable homes. As public funding falls,...

The Bank of England will soon cut interest rates to 3% in a move to support mortgage borrowers as inflation declines sharply, according to senior economists from KPMG. The Bank...

Job vacancies in the UK have dropped to their lowest in three years as recruiters delay or suspend their hiring processes. A situation that considerably impacts the country's economy, already...

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...

In evaluating Jeremy Hunt's budget, the Resolution Foundation Thinktank reveals a historic downturn in household incomes throughout a parliamentary term, despite the Chancellor's insurance cuts. Thinktank Warns of Falling Household...

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...

A report reveals that the UK's net zero economy experienced a notable surge of 9% in 2023, in stark contrast to the marginal 0.1% growth observed in the overall economy....

Lawyers cautioned that under the upcoming new visa salary rules, UK workers face the potential of earning lower salaries than their foreign counterparts while performing identical job activities. This concerning...

With crypto-assets becoming increasingly mainstream, yet remaining largely unregulated, the authorities have struggled to strike a balance between innovation and risk. Today, concrete legislative proposals are imminent. The UK government...