Lydia Amazouz

Lydia Amazouz

Web content writer/ editor with a background in economics.

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

Bank of England Reports a 50% Surge in Mortgage Balances with Arrears

According to the Bank of England, the level of outstanding mortgage balances with arrears surged by over 50% in 2023’s fourth quarter in comparison with a year earlier. Bank of…

Bank of England Reports a 50% Surge in Mortgage Balances with Arrears

Wage Growth Slows while Unemployment Edges Up

New data reveals that wage growth fell slightly short of expectations, pointing to a growing impact of the Bank of England’s interest rate increase on the broader economy. UK Wage…

Wage Growth

New UK Visa Laws to Cut Migration and Combat Exploitation in Care Worker Sector

New UK visa laws are now in effect, aiming to limit care workers from bringing their relatives, while caregivers who are sponsoring migrants are asked to register.  New UK Visa…

New Uk Visa Laws

UK Grants Approval for Bitcoin and Ethereum ETNs for Professional Investors

  The UK’s Financial Conduct Authority (FCA) is granting permission to professional investors to start issuing crypto-backed exchange-traded notes (ETNs). The UK Approves Bitcoin and Ethereum ETNs for Professional Investors…

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

Decline in Job Vacancies Hits Fastest Pace in the UK as Companies Restrict Hiring

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…

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

Budget Adjustments Boost Child Benefit, Meaning More Cash for Families

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…

Child Benefit

Sunak’s Government Urged to Rise Defence Spendings in Uncommon Intervention

Two serving ministers with strong expertise in defence and security have sounded the alarm about the growing concerns among conservative MP’s and military insiders as the Chancellor failed to announce…

Defence Spendings

Will UK Government’s Railway System Failures Lead to More Strikes?

According to a scathing assessment by the government’s spending watchdog, the UK’s ambitious plans to overhaul its weakening railway system are encountering significant delays, marked by a failure to achieve…

Uk Railway System

Sterling Hits Highest Level Since August Despite Fed and ECB Rate Cuts

In Thursday’s London session, the pound sterling (GBP) shows resilience versus the US dollar as traders anticipate that the Bank of England (BoE) would follow the Federal Reserve (Fed) in…

Sterling Pound Coin

Manchester Airport Increases Fees for Select Flights

Manchester airport flights are set to experience a price rise, following the Chancellor’s budget announcement of a surge in air traveller duty to assist fund larger reductions to National Insurance.…

Plane Landing At Manchester Airport

Sunak Warned: Unfunded National Insurance Cut Risks Harming Services

Rishi Sunak cautioned against campaigning on an unfunded proposal to eliminate employee national insurance, as it could create a £40 billion deficit in public finances, according to projections.  Sunak Faces…

Prime Minister Rishi Sunak

UK House Prices Approach 2022 High with 5th Monthly Rise

According to the latest data from Halifax, UK house prices have experienced a 1.7% annual surge, bringing the average cost of a UK house remarkably close to the peak recorded…

UK House Prices Reach Record High, Averaging Over £375,000

OBR Expects Inflation Below 2% In a Few Months

The Office for Budget Responsibility (OBR) anticipates a notable economic development as inflation is projected to dip below the government’s 2% target in the coming months. OBR Forecasts Inflation Dip…

DWONInflation

Household Incomes set to Decline, Thinktank Predicts

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…

Household Incomes Decline

Will Bitcoin Ever Break its All-Time High?

With the cryptocurrency market ablaze, Bitcoin is seizing the spotlight once again, surging past $67,000 for the first time in years. After a period of dormancy, the pioneer cryptocurrency has…

Bitcoin Surge

Budget 2024: Jeremy Hunt Announces National Insurance Reform with 2% Cut

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…

Jeremy Hunt Budget, 2024

UK Construction Downturn Shows Signs of Relief, Yet Job Losses Accelerate

Last month, the UK construction industry showed glimpses of stability, offering a glimmer of hope after enduring more than two years of turbulence, according to a recent survey. Despite this…

Uk Construction Site

Gold Reaches Record High: Exploring Profitable Investment Strategies

The value of gold has surged to a new record high as investors seek refuge in safer assets amidst looming worldwide economic instabilities and geopolitical tensions. Record-Breaking Surge in LBMA…

Gold Bars

UK New Car Sales Hit 20-Year High in February

  UK new car sales have surged to their highest level in twenty years this February, marking a significant milestone in the automotive sector. Corporate entities have played a pivotal…

Drivers Urged to Follow 'Three-Year Rule' or Risk to Lose Thousands

Mortgage Reforms: UK Building Societies Claim Exclusion of First-Time Buyers

Building societies are raising alarm bells over the unintended consequences of mortgage reforms implemented in the wake of the 2008 banking crisis. They argue that these reforms, initially aimed at…

Mortgage Reforms

Elon Musk Sued for $128M by Ex-Twitter Executives Over Unpaid Severance

Former Twitter executives have launched a $128 million lawsuit against Elon Musk, accusing the prominent tech figure of neglecting to compensate them for severance following his acquisition of the social…

Elon Musk

UK Retail Sales Decline Amidst Wet Weather as Shoppers Opt for Indoor Activities

In February, the combination of wet weather and persistent cost of living challenges significantly dampened retail sales, leading to a meagre growth rate of just 1%. Many households opted to…

Road Sign with "Retail Sales" Written on it

Apple’s Valuation Plummets by $78 Billion Following EU Fine

Apple faces a substantial setback as its market value plunges by over $78 billion (£61bn), responding to a €1.8bn (£1.6bn) fine imposed by the European Union.  Apple Faces Market Turbulence…

Apple

Heathrow Strike Threat: Easter Travel Disruption Looms

Border Force workers at Heathrow Airport are on the brink of striking, posing a significant threat to Easter travel plans. The potential strike stems from their resistance to proposed changes…

Strike at Heathrow Airport

Used Car Prices Hold Steady, While New Vehicle Sales Face Continued Pressure, Says Vertu

In the five months leading up to January 31, the car dealership group observed a steady trend in used car prices, with a 0.8% increase in sales by volume. However,…

New Vehicle Tax Charges Set to Hit Motorists with Massive Costs

Jeremy Hunt Hints at Tax Cuts in Budget 2024

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…

Jeremy Hunt

London Overground Workers Secure £5,000 Pay Increase Following Strike Threat

Amidst the spectre of a potential strike, workers on the London Overground have successfully negotiated a three-year pay deal. The agreement includes significant pay hikes, particularly benefiting the lowest-paid employees,…

London Overground

Rents Surge in Commuter Towns Amidst Unaffordable Cities, Research Reveals

Recent research highlights a surge in rents in commuter towns, driven by the increasing unaffordability of urban areas. As cities grapple with a growing affordability crisis, tenants are turning to…

Rents Surge

Train Ticket Costs to Increase by 4.9% in England and Wales Starting This Sunday

  Commuters in England and Wales brace themselves for a notable change in their daily expenses, with rail fares set to increase by 4.9% starting this Sunday. This rise in…

Train Ticket Costs

Elon Musk Takes Legal Action Against OpenAI, Seeking Refund

Elon Musk has taken legal action against the prominent A.I. start-up, alleging that its focus on profits and commercial interests has overshadowed its primary mission of contributing to the betterment…

Elon Musk

Energy and Mining Stocks Propel UK Shares Higher Amidst Soaring Oil Prices

In a significant market development, UK shares witnessed a substantial rise, driven by the robust performance of energy and mining stocks. The notable surge in these sectors can be attributed…

UK Shares in Stock Exchange Chart

Bank of England Economist Indicates Interest Rate Reductions Remain at a Distance

The Bank of England’s chief economist recently emphasized that a cut in UK interest rates is not on the immediate horizon. Huw Pill’s Cautionary Notes on UK Economy and Potential…

Bank of England

IAG, Owner of British Airways, Achieves Record Profits Amidst Leisure Travel Surge

International Airlines Group, the parent company of British Airlines, announced historic annual profits, capitalizing on the renewed demand for travel, particularly from leisure passengers opting for premium economy and business…

Iag

Britain’s State Pension System on the Brink of Crisis

The impending challenge of funding a substantial wave of retirements has grown too significant to overlook. As the ageing population increases, the strain on state pension systems becomes an undeniable…

People Retiring This Year Must Claim New State Pension or Risk Facing Payment Delays

March 2024: Key Dates for Pensions and Allowances

In the wake of the UK’s confirmed recession and persistent cost of living challenges, low-income families are grappling with financial strain. Research from the Joseph Rowntree Foundation reveals alarming levels…

March Key Dates For Pensions And Allowances

UK’s Economy Hit as International Student Numbers Decline by a Third

Imposed immigration restrictions on international students are raising concerns among university leaders, who predict potential damage to the UK’s economy. The enrolment of overseas students has witnessed a significant drop…

Scotland Tuition Break: How to Secure Free University Tuition by Relocating to Scotland

UK Property Sales Expected to Surge by 10% Amidst Buyer and Seller Resurgence

  Online property platform Zoopla has unveiled optimistic figures, indicating a robust trajectory for UK property sales. Projections suggest the market is poised to achieve approximately 1.1 million transactions throughout…

Uk Property Sales

Bitcoin ETFs Smash Records: Daily Volumes Surge to New Heights

Bitcoin ETFs have once again shattered previous records as demand continues to surge. On Tuesday, the nine Bitcoin ETFs achieved a remarkable daily trading volume of $2.6 billion, marking a…

Bitcoin Etfs

PlayStation Cuts 900 Jobs in 8% Workforce Cut

Sony’s PlayStation division is making a bold move with plans to lay off 900 workers, constituting an 8% reduction in its workforce. Motivated by industry changes and a commitment to…

PlayStation Logo

Skyrocketing Sick Days Threaten UK Economy with Staggering £66 Billion Blow

Britain braces for a looming financial blow as a surge in sick days is predicted to incur a staggering cost of £66 billion by the decade’s end, sounding alarm bells…

Sick Days