Lydia Amazouz

Lydia Amazouz

Web content writer/ editor with a background in economics.

Universal Credit Recipients to Get £470 Extra Cash After April Pay Rise

When payday is due, millions of Universal Credit recipients will be pleasantly surprised to see an extra £470 in their pockets. This windfall follows closely on the heels of April’s…

UK Currency Symbolizing Young Caregivers Eligible for £383 Annual Payment

Scottish Power’s £1.5m Refund: Scottish Households to Pocket £294 Cash!

Scottish Power will pay £1.5 million in reimbursements and penalties after overcharging nearly 1,700 families during the energy crisis and in earlier years, resulting in an average of £294 per…

Calculator and Euro Bills with Pen on Electricity Bill to Symbolize Scottish Power Refund

Food Shortages and Price Hikes Threaten the UK as Extreme Weather Havoc Strikes

The UK is set to face food shortages and price increases as severe weather associated with climate change causes low yields on farms both locally and internationally. Rain-Hit Farms Struggle,…

Green Road Panel that Says "Food Shortages Ahead?

Cooling UK Job Market Raises Concerns for Bank of England

According to data released on Tuesday, the UK job market lost a little more of its inflationary heat, which gave the Bank of England some respite. However, persistent underlying issues…

UK Job Market - Word "Jobs" Put in Bold Under Magnifying Glass on a Newspaper

Tax Credit Crisis: Thousands Face £100M Loss as Payments Cease

Households receiving tax credits received an urgent warning after tens of thousands of payments were reduced to zero. Transition to Universal Credit Sparks Benefits Suspension The significant transition comes as…

A Blank Tax Credits Application on a Desk with Pen

Dover Sees Over 700 Migrant Arrivals Over the Weekend

Over the weekend, the Home Office logged a staggering 748 migrants arriving in Kent after crossing the English Channel. Among them, 214 individuals were brought ashore at Dover on Saturday,…

Migrants Getting off Small Migrant Boat

Universal Credit New Changes Promise £3,800 Income Boost, While Straining Thousands of Disabled

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…

Universal Credit

Oil Prices to Hit $100 a Barrel by May as Saudi Arabia Extends Supply Cuts

Analysts predict that oil prices will reach $100 per barrel by May as Saudi Arabia extends production restrictions. In fact, escalating geopolitical tensions and an extension of the Opec cartel’s…

Oil Prices - Oil Barrel Chart

Universal Credit Payments and Benefits: Potential Date Changes Happening in May

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…

Universal Credit Benefit Switch Could Spell Misery for Many, MPs Warn

HMRC Urges Individuals within Specific Birth Date Range to Claim Up to £2,000 in Free Cash

HMRC is encouraging individuals born between two specific dates to check if they qualify for up to £2,000 in free money through the Child Trust Fund (CTF). The government has…

Jar Of Pound Coins On Top Of An Opened HMRC Tax Letter

UK Economy Grows: GDP Up 0.1% — What Are the Implications for Your Money?

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.…

British Flag on Bar Chart Symbolizing UK Economy Growth

UK Bank Boost: Thousands to Receive Share of £500m! Check Eligibility for Lump Sum, Voucher, or Energy Grant.

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…

Wallet Full of UK Banknotes Symbolizing the upcoming UK Bank Boost

650000 UK Pensioners to Face Income Tax Bills for The First Time this Week

  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…

Basic State Pension to Be Cut by £2,800 Annually Due to April Reform, Sparking Concerns

UK House Prices Drop for the First Time in Three Months

  According to Nationwide building society, UK house prices dropped for the first time in three months as high mortgages continue to impact the market. UK House Prices Dip for…

Gloved Hands Holding A Miniature House Over A Decreasing Set Of Coins To Symbolise UK House Prices Decline

Millions of UK Workers Face £1,000 Shortfall Despite Minimum Wage Increase

Despite the UK government’s recent implementation of the largest cash boost to the minimum wage in over a decade, a sobering reality persists as millions of UK workers across the…

DWP and HMRC to Cut £8,400 in Benefits Soon, Impacting Thousands of Households

80% of Second Home Owners Face Doubling Council Tax

Tens of thousands of second home owners will face paying double council tax starting next year under new laws introduced by Michael Gove. According to an analysis directed by The…

80% of Second Home Owners Face Doubling Council Tax

New UK Employment Reforms: Wage Boosts, Tax Cuts, and Flexible Work Rules Revealed!

Starting in April, the employment sector will be subject to a new legislation that will impact workers’ pay and leave entitlements. Additionally, working parents will receive certain childcare benefits as…

Contract Of Employment

UK Travel Disruptions Anticipated Amid Easter Holiday Rush and Windy Weather

As the Easter holiday gets underway, millions of people in the UK are expected to hit the road on Good Friday due to heavy winds from Storm Nelson. Storm Nelson…

Drivers in England Warned to Avoid Driving After 10am on Friday

Energy Bills: Millions of UK Homes Facing Overpayment Risk

Millions of UK homes risk overpaying their energy bills if they don’t submit their meter readings to their energy suppliers this weekend. Ofgem’s April Price Cap Cut: UK Home Energy…

Millions Of Uk Homes At Risk Of Overpaying On Energy Bills

Retailers’ Alarmingly High Fuel Prices Raise Concern, Competition Watchdog Warns

  Fuel prices in the UK have taken a worrying turn, as revealed by the latest findings from the Competition and Markets Authority (CMA). Recent data shows a significant surge…

New Diesel and Petrol Rule to Cost Drivers £122 Starting in October

Millions of UK Workers Set to Receive £160 Pay Rise in Coming Weeks

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…

Wallet Full of UK Banknotes Symbolizing the upcoming UK Bank Boost

UK Faces Loss of 8 Million Jobs Due To AI, Says Report

Nearly 8 million jobs in the UK could be lost due to the omnipresence of artificial intelligence in almost every work field. New research has warned that the people most…

UK Workers with AI Skills See 14% Wage Premium as Demand for Roles Soars

London Stock Exchange Set to Debut Bitcoin and Ethereum ETN Market on May 28

The London Stock Exchange has declared the opening of a market for exchange-traded notes (ETNs) for Bitcoin (BTC) and Ethereum (ETH). The main stock exchange in the United Kingdom said…

London Stock Exchange Set to Debut Bitcoin and Ethereum ETN Market on May 28

Department for Work and Pensions Unveils Cost of Living Package: Check Your Elegibility!

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…

Cost of Living Payment: DWP benefits, Universal Credit, and Pensions Due in July 2024

President Joe Biden Approves $1.2 Trillion US Spending Bill

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…

President Joe Biden Approves $1.2 Trillion US Spending Bill

Ofgem Considers Charging You More for Energy During Busy Hours

    Ofgem, the energy watchdog, is considering establishing a new “dynamic” pricing cap based on when British consumers use their energy. Ofgem Considers Dynamic Price Cap Options for the…

Energy bills

The UK Government’s Inability to Handle Illegal Immigration Stirs the Public’s Dissatisfaction

According to recent polls, the public is more upset with the government’s inability to tackle the illegal immigration crisis than at any other point since the Brexit referendum. Public Dissatisfaction…

Uk Illegal Immigration

Bank of England to Slash Interest Rates to 3%, Says KPMG

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…

Bank of England

UK Workforce Hit by Longest Sick Leave since 1990 According to Think Tank

Britain is currently facing its most significant and sustained rise in the number of working-age adults unable to work due to illness since the 1990s. This highlights the urgent need…

Sick Leave

Middle and High-Income Families Face Worst Living Standard Decline Since 1960s

Middle and high-income households in the UK are heading towards the worst ever era of declining living standards since the 1960s, the Institute of Fiscal Studies has warned. Middle and…

Declining Living Standard

Record-Breaking Student Loan Debt in Britain Soars to £231,000

According to data from the Student Loans Company obtained by the BBC, the highest student debt has now surpassed £230,000. Student Loan Debt in the UK Reaches New Heights According…

UK Universities Report Decline in International Student Enrollment Amid Visa Concerns

Bank of England Holds Interest Rates Steady at 5.25%

Policymakers at the Bank of England kept interest rates on hold at 5.25% for the fifth consecutive time, despite a fall in inflation. The Bank of England Keeps Interest Rates…

Bank of England

Junior Doctors to Extend Strike by Six Months

In an ongoing salary dispute, junior doctors in England have overwhelmingly opted to carry out six months of further strike action. Junior Doctors Overwhelmingly Support Extended Strike Action The Health…

Junior Doctors On Strike

London Underground Strikes: New Dates For April and May

  London Underground drivers have announced a strike that will disrupt the capital’s underground service throughout the Easter holidays. London Underground Train Drivers Announce New  Strikes Members of Aslef, the…

London Underground Strikes

UK Inflation Drops to 3.4% in February Lowest Level for Two Years

UK inflation dropped to 3.4% in February, the lowest rate for two and a half years, as the annual pace of price hikes started to slow after surging in January.…

DWONInflation

Bank of England Urged to Align Climate Targets with Financial Sector

The Bank of England has been called to intensify efforts to bring the finance industry into line with the UK’s climate targets. Prominent Economists and Advocacy Organizations Urge Bank of…

Bank Of England

Debt Charity Warns as More than 6.7m People in the UK are in Financial Difficulty

  According to a campaign group, more than 6.7 million people in the UK are in financial difficulty as the cost of living pushes more families into debt. Rising Insolvency…

Financial Difficulty

London Population Reaches New Records due to Migration Surge

  London’s population reaches new record heights amid surging migration rates and a reversal of the pandemic’s ‘race for space’. London Population on the Rise amid Surging Migration Levels According…

London Population

House Asking Prices Rose by £5,000 in a Month

House asking prices have surged by more than £5000 in March as the mortgage market recovery uplifts sellers’ confidence in property values. House Asking Prices Surge, but Buyers are Still…

House Asking Prices

TikTok : UK Defence Chiefs Urged to Ban the Application Over Chinese Spy Concerns

Amid fears that sensitive data leaks would occur, the UK defence chiefs were urged to take action and ban the controversial application known as TikTok. UK Defence Chiefs Pressured to…

TikTok Banned In The Uk

Next General Election: the Dates Considered by Rishi Sunak

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…

Next General Election

Bank of England sees Relief as UK Inflation Expectations Fall

  The British public’s estimates for the rate of inflation over the next year have declined in the previous three months, according to a Bank of England survey released on…

Bank of England

McDonald’s: Systems Outage Leaves Customers Unable to Place Orders

McDonald’s was hit by technical issues on Friday morning, leaving customers across the UK and around the world unable to process their food orders.  McDonald’s Faces Global IT Issues Consumers…

Mcdonald's

Home Office Immigration Database Errors Hinder 76,000 People From Jobs and Housing

Major errors registered at the Home Office immigration database led to the wrongful listing of over 76,000 people with wrong names, photographs, or immigration status. Home Office Immigration Database Errors…

Home Office

Inheritance Tax: Surprising Repercussions for Thousands of Wealthy Families

  According to recent data, over 13,000 wealthy households were hit with unexpected inheritance tax bills as high as £1.4 million on lifetime gifts after the donor’s passing, within seven…

Inheritance Tax

UK House Prices Stable Amid Interest Rate Uncertainty

UK house prices are now stable, but surveyors have cautioned that although more sellers are putting their properties on the market, the stance remains vigilant due to the continuous uncertainty…

UK House Prices

UK Economy Shows Modest Growth in Early 2024

Official data showed that the UK economy displayed signs of growth in January after experiencing a mild recession in the second quarter of 2023, offering prime minister Rishi Sunak a…

National Flag of the United Kingdom with Two Pound Coins and A Yellow Upward Line Graph, Symbolising UK Economy Growth

Michael Saylor, CEO of MicroStrategy, Advocates Bitcoin as the ‘Ultimate Asset’

Michael Saylor, CEO of MicroStrategy and prominent Bitcoin advocate, recently discussed the cryptocurrency’s potential as the ultimate property and the most dependable investment asset in an interview with Julie Hyman…

Michael Saylor

Energy Bill Hike: Millions of UK Households Bracing for £200 Increase

UK households face paying an additional £200 on their energy bills as plans to maintain Britain’s lights through the construction of extra gas-powered fire plants will soon take effect. Experts…

Energy bill

Tax-Free Childcare Benefits: HMRC Alerts Families to £4,000 Potential Savings

As school holidays approach, HMRC is urging working parents to check if they qualify for Tax-free childcare benefits. Families Urged to Sign Up for Tax-Free Childcare Before Easter Break With…

Thousands of Parents Can Now Claim Up to £200 in Free School Uniform Grants