Lydia Amazouz
UK Train Strikes: February and March Dates and Affected Rail Services
Commuters felt relieved as the RMT union announced the cancellation of several scheduled train strikes following improvements in pay offers. However, concerns remain as London Overground employees continue to plan…
UK Fuel Prices Surge Following Red Sea Attacks
UK motorists have faced a significant £2 surge in petrol prices this month, attributed to escalating fuel costs amidst the ongoing Red Sea attacks. This sharp escalation underscores the susceptibility…
Jeremy Hunt Provided with Tax Boost as UK Posts Largest Monthly Budget Surplus
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…
Bank of England Indicates Signs of UK Recovery Following Mild Recession
Indicating a positive turn in its economic trajectory, Britain exhibits signs of recovery following a mild recession, as affirmed by the Bank of England governor. The anticipation of a forthcoming…
UK Council Tax Surges: Nearly All Authorities Propose Maximum Increases
As local authority funding faces an acute crisis, fresh analysis reveals an alarming trend: the overwhelming majority of councils across the UK are gearing up to enact maximum council tax…
UK Pension Savers Face Potential Losses as Hidden Charges Remain Uncovered
Amidst the intricacies of fund transfers, a prominent pension provider has issued a stark warning to UK pension savers. The caution emphasizes the looming potential for significant financial losses in…
UK Middle Class Households Facing Financial Struggles Despite £60,000 of Yearly Incomes
Recent reports highlight that high housing prices and insecure jobs in Britain are causing UK middle class households to grapple with financial struggles in their journey to maintain decent living…
Wage Surge Predicted by Economists to Propel Britain Out of Recession
Economists are pointing to a potential emergence of Britain’s economy from recession, propelled by a significant surge in real wages. This wage surge is considered a pivotal factor in bolstering…
Will the Bank of England Deepen UK Recession?
The Bank of England faces the peril of exacerbating the UK’s recession unless it promptly reduces interest rates to alleviate the strain on households grappling with the relentless cost of…
UK House Prices Experience First Increase in Six Months
House prices in Britain have experienced a year-on-year increase for the first time in six months, reflecting a boost in demand from buyers and indicating a stabilization trend in the…
Demographic Ageing in Britain Signals Lower and Delayed State Pension Payments
Britain’s system faces the stark reality of struggling to meet the needs of an ageing population, warns Andy Briggs, the chief executive of life insurer Phoenix Group. Retirees are at…
UK Economic Growth Derailed by Record Long-Term Sickness Surge
After enduring years of austerity and weathering the storm of the Covid-19 pandemic, Britain’s economic growth faces a daunting reality an ailing workforce and businesses grappling with recruitment struggles. The…
Urgent Call for UK Savers to Secure High-Yield Accounts Amidst Cost of Living Surge
In a week marked by the announcement that inflation remains at 4% in January, a glimmer of hope emerges for savers, the possibility of securing a savings account with an…
UK Retirement at Risk: Potential £600,000 Shortfall
As the clock ticks on, signalling the inevitable journey toward retirement, a daunting revelation casts a shadow over the typical worker facing the stark reality of being left £600,000 adrift…
Tax Cuts Recommended by Sunak in Response to Byelection Setbacks
In the face of a looming national recession, Chancellor Rishi Sunak remains resolute in his assertion that the government can afford to implement tax cuts. Despite concerns about economic downturn,…
High-Demand Careers in 2024: Europe’s Job Landscape with IT and Sustainability Wave
According to LinkedIn, the dynamic landscape of job growth in Europe is currently being reshaped by the flourishing fields of IT, sales and marketing, data analytics, and sustainability. Unveiling a…
Ireland’s EU Citizenship Emerges as Top Choice for Third-Country Nationals
In a revealing glimpse into the aspirations of third-country nationals seeking EU citizenship, a significant majority has expressed a distinct preference for Ireland’s passport. Among the myriad choices available within…
Affordable Housing Construction in London Hits Standstill, Gove Reveals
Housing associations are cautioning the government about a concerning trend in London, where housebuilding is rapidly slowing down. Over the last 12 months, the construction of affordable homes in the…
FTSE Defies UK Recession: Surprising Market Resilience Amidst Economic Downturn
On Thursday, amidst the disheartening revelation that the UK economy slipped into a recession in the latter half of 2023, London’s financial markets, including the FTSE, and the pound…
Ever Wondered How Inflation Alters Prices? Unveiling the Shifts in Goods and Services Costs Across the UK
In the intricate mosaic of the United Kingdom’s economic landscape, the omnipresent force of inflation plays a pivotal role, subtly but significantly influencing the costs associated with everyday essentials. Inflation’s…
GDP Figures Confirm UK Recession, Dealing Blow to Rishi Sunak and Economy
Rishi Sunak’s vow to foster economic growth hits a dissonant note as the UK unexpectedly plunges into recession. Shadow chancellor Rachel Reeves asserts that Sunak’s commitment lies in tatters, painting…
Train Drivers’ Strike Set to Disrupt March Commutes
Following recent allegations of contract breaches by the Aslef union, train drivers from both Northern and LNER have announced plans to commence a series of strikes in the coming…
UK Housing Market Shows Signs of Recovery with Easing Price Falls
Official statistics project a forthcoming rebound in the UK housing market for 2024, spurred by a £4000 decline in house prices noted in the previous year. This anticipated recovery carries…
UK Households Struggle to Restore Past Living Standards Despite Inflation Easing
Despite recent efforts to stabilize inflation, complaints persist among UK households as they continue to feel the impact of rising prices. The Consumer Prices Index (CPI), which peaked in 2022,…
UK Inflation Maintains Stability at 4%, Defying Higher Expectations
Official data shows that UK inflation held steady at 4% in January, defying all the previous forecasts of a higher rise, as household goods’ and food prices drop counteracting the…
Bitcoin Rockets to $50,000 Milestone Driven by ETF Demand, First Time Since 2021
With a breathtaking ascent, Bitcoin teeters at the $50,000 mark, marking a stunning resurgence from the depth of crypto turmoil and uncertainty that once shrouded its future. After over two…
Bank of England Confronts Interest Rate Dilemma Amid Persistent Wage Growth
The situation facing Bank of England rate setters became more complex today as official data revealed that wages had increased more than expected by the end of 2023. This unexpected…
UK Pay Growth Slows, But Workers Still Drive Wages Up
Despite initial expectations of a slowdown, recent data indicates that pay growth in the UK has defied projections, continuing its upward trend. This persistence is noteworthy, particularly amidst challenges such…
Cost of Living Crisis Hits UK: Over 11 Million Britons Have Saved Less than £1,000
A recent report highlights the struggle of poverty-stricken households in the UK to establish financial resilience amidst the ongoing cost of living crisis. It reveals that over 11 million working…
Mentally Ill Inpatients in the UK Warned to Attend Jobcentre or Face Benefit Loss
In a concerning development, individuals receiving care as mentally ill inpatients have been instructed to participate in jobcentre meetings regarding their benefits, further exacerbating the challenges they already have to…
PM Rishi Sunak Vows Tax Cuts as Reward for Hard Work
In an effort to counter a substantial poll deficit against the Labour Party and address criticism from within his own party, Chancellor Rishi Sunak has endeavoured to present a more…
UK Faces Rising Inflation, Diminishing Prospects for Rate Cuts
The United Kingdom is poised to experience a second consecutive monthly increase in its inflation rate, dealing a setback to expectations of a potential interest rate cut by the Bank…
Warning Signs: Possibility of UK Recession Unveiled on Thursday
As the City awaits the new revelations next week, anticipation looms over the fate of the UK economy, hanging in the balance of whether it succumbed to a recession in…
Welfare Costs Surge: £100B Bill for UK Taxpayers in 2024
As the UK nears a historic milestone, welfare costs soar, with the working-age benefits bill set to exceed £100 billion this year. This unprecedented expenditure, linked to a surge in…
No-Fault Evictions Surge in England as Reform Bill Faces Further Delay
In the five years since the announcement of the no-fault evictions ban, over 26,000 Section 21 notices have been issued. Concurrently, the social housing stock has plummeted, creating a complex…
Retirement Equality: Labour’s Pension Tax Plan Ignites an Impending Crisis
The Chancellor’s recent decision to abolish the pensions “lifetime allowance” marks a landmark day for British pensions. The move holds the potential to reshape the landscape of retirement savings, promising…
London Stock Market Plunges into Dire Crisis
In a notable development directly impacting the London stock market, a senior executive at the Nasdaq stock exchange in New York has issued a direct warning to London’s financial leaders.…
Unveiling the Arrival of the Latest Cost of Living Payments – Check Your Eligibility
As of today, households are set to receive the third instalment of the £299 cost of living payments, marking the completion of the three-part support package initiated in autumn 2021.…
Funding Crisis Threatens UK’s Premier Agricultural Research Facility
In the revered halls of the UK’s premier agricultural research institution, a storm brews. The institution faces a looming funding abyss, casting a shadow over its groundbreaking work and placing…
Bank Warns: Controlling UK Inflation Requires Limits on Pay Rises and Profits
Addressing inflation requires sacrifices from UK workers, including accepting reduced income deals, and necessitates organizations to regulate their profits. This cautionary stance is emphasized by a Bank of England official,…
UK House Prices Surge 1.3% in January as Mortgage Rates Fall
The UK housing market maintains its momentum with a fourth consecutive surge in house prices observed in January. Insights from Halifax, a leading mortgage lender, shed light on this trend,…
Retirement: What’s the New Cost of an ‘Ideal’ Retirement in the UK ?
Rising energy and grocery bills are placing significant financial strain on pensioners, emphasizing the urgency of bolstering retirement savings. Amidst escalating living costs, pensioners find themselves grappling with the necessity…
Is the Bank of England Triggering UK Recession? Economists Insights
Economists, including those at the National Institute of Economic and Social Research (NIESR), warn that the Bank of England’s reluctance to share its plans for interest rate cuts may lead…
Eight Million UK Households to Receive £299 Cost of Living Boost from Tuesday
Starting this Tuesday, a crucial support measure will benefit eight million households dependent on means-tested benefits. This final installment of the cost-of-living boost aims to alleviate the strain caused by…
OECD Stresses Priority: Central Banks Must Tackle Inflation Before Considering Interest Rate Cuts
Central banks must ensure they have fully addressed inflation concerns before considering interest rate cuts this year, according to the Organization for Economic Co-operation and Development (OECD). Despite revising its…
UK Retirement Age to Increase? Think Tank Urges Immediate Hike to 70
Recent research sheds light on the urgent need to address the challenges posed by the aging population in the UK, particularly in relation to retirement age. The findings emphasize the…
Inside King Charles III Impressive Fortune: Here’s How Much the Monarch is Worth
In a recent statement from Buckingham Palace, it was revealed that King Charles III has been diagnosed with cancer, prompting an outpouring of support from royal family members and political…
UK Labour’s Race Equality Act Boosts Ethnic Equal Pay
If Sir Keir Starmer’s party secures victory in the general election, he is poised to introduce groundbreaking legislation. Reports suggest that under the proposed draft Race Equality Act, ethnic minority…
UK Unemployed Rate Lower than Expected, Yet Idleness Soars: ONS Report
The Office for National Statistics (ONS) has released a promising update on the UK’s economic status, indicating a substantial decrease in the rate of the unemployed people. In a surprising…
UK Businesses Facing Second-highest Level of Economic ‘distress’ in Europe
Amidst the backdrop of escalating inflation and interest rates, UK businesses find themselves grappling with the second-highest level of financial distress across Europe. Insights into UK and European Business Sector…
