Lydia Amazouz
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…
Green Investment Enthusiasm Wanes, Putting Labour Leadership Under Pressure
Sir Keir Starmer and shadow chancellor Rachel Reeves are facing internal criticism within the Labour Party due to their growing reservations about the party’s key environmental policy during an election…
UK Faces Looming Debt Crisis, Parties Uncommitted to Prevention
The resolution to Britain’s growing public debt crisis demands a comprehensive fiscal overhaul. Despite this urgency, both the current Tory government and the anticipated Labour successor exhibit a notable reluctance…
Super Bowl LVIII to Exclude Crypto Advertisements
The upcoming Super Bowl is expected to take a departure from featuring cryptocurrency-related advertisements, according to CNN. Major brands such as BMW, Budweiser, State Farm, Oreo, DoorDash, and Hellman’s Mayonnaise…
UK Interest Rates: Anticipating Possible Increase?
The Bank of England has opted to maintain the current interest rates at 5.25 percent, citing a forecast indicating a quicker-than-anticipated decline in inflation to reach its target level. This…
Lawyers Sound the Alarm on Corruption Challenges in UK Local Government
Legal professionals are sounding the alarm about the insufficient oversight in local government, highlighting a concerning trend where close to 10% of UK councils have faced corruption investigations in the…
Upcoming Rail Strikes in Northern England: Major Disruptions and Economic Toll Expected
Upcoming rail strikes in the north of England will halt all Northern and TransPennine Express services on Wednesday, causing widespread disruptions. The Night Time Industries Association highlights the substantial economic…
Google Revises Advertising Policy to Allow Crypto ETF Ads
After announcing an advertising policy update in December, Google has implemented changes, permitting select cryptocurrency finance products, including recently approved Bitcoin ETFs, to feature sponsored links on its platforms. This…
English Councils Need £4B to Avert Extensive Bankruptcy
A cross-party coalition of Members of Parliament is urging ministers to promptly allocate £4 billion to bolster English town hall budgets. This call for action aims to avert an imminent…
Jeremy Hunt Downplays Spring Budget Tax Cuts Amid IMF Warning
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…
UK’s Population Boom: 6 Million Stronger by 2036!
The UK population is set to witness an important growth in the next decade according to recent projections. This signifies a rise of approximately 6.6 million individuals, equivalent to a…
Will the UK Economy Bounce Back? Insights from Hamish McRae and Key Indicators
Renowned economist Hamish McRae provides insights into the trajectory of the UK economy, emphasizing upcoming figures that could signal a rebound. Anticipated interest rate adjustments add to the intrigue, and…
Unlocking UK Financial Support: Benefits, Payments, and More
Amidst the soaring cost of living in the UK, individuals and families eagerly anticipate essential UK financial support. Understanding the intricacies of these allocations is vital for effective financial planning.…
Bracing for a Financial Chill: How the UK’s Looming Deflation Could Devastate Your Savings and Investments in 2024
While the significant drop in forecasted inflation for 2024 may seem like good news for many households, experts are warning of potential deflationary risks in the United Kingdom. Anticipated Inflation…
UK House Prices Surge at Strongest Rate in a Year
Nationwide reports suggest a brighter outlook for the UK housing market, with recent price trends indicating notable improvements. UK House Prices Surge In January, the index of the building company…
