Economy

If you are living in the UK and suffer from a mental health condition that affects your daily life, you may be eligible for financial help from the government. Often...

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...

British food inflation has reached its lowest level since February 2022, prior to Russia's invasion of Ukraine, says industry data. The data suggests that rising food costs are finally beginning...

Mental wellbeing has become increasingly important for overall health in our rapidly changing world. The UK, despite being a developed nation, faces several challenges in this area. A recent survey...

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...

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...

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...

UK banking officials and pension fund managers have expressed concern about the potential market failure of long-term government Bond auctions, which could plunge the country into financial turmoil similar to...

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...

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...

Bank of England Governor Andrew Bailey has indicated that further interest rate cuts are probable this year, given the encouraging signs that inflation is approaching the Bank's target. Interest Rate...

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...

The recent borrowing figures of the UK government have been a surprise to many. The nation's finances seem to be under more strain than anticipated, with a reported borrowing of...

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....

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...

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 Rates...

By 2029, the UK is expected to lose £15 billion in fuel tax revenue, a warning from the nation's budget watchdog that underlines the need to raise or replace fuel...

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 to...

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...

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...

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 Friday,...

Londoners have an opportunity to aid Ukraine's humanitarian efforts in a unique initiative. Owners of cars that fail to meet London's Ultra Low Emission Zone (ULEZ) requirements are now eligible...

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...

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...

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 years...

The UK is set to experience more rainy weather, according to the latest update from the Met Office. As the week progresses, rainfall totals are expected to rise, particularly in...

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...

The UK has long been an attractive destination for most international students seeking a visa to study abroad. With its prestigious universities and global reputation, Britain's higher education system has...

The British government has announced a package of £117 million over four years to protect Muslim worship sites and community centres in response to a rise in Islamophobic hate crimes....

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...

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...

Did you ever wonder about the intriguing way time moves in the UK? Almost inevitably, twice a year, the clocks undergo a fascinating ritual known as the British Summer Time...

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...

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...

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...

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...

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...

UK Chancellor Jeremy Hunt's Budget 2024 announcement may have left you wondering about the impact on your finances. Substantial changes are on the horizon, with key measures on tax, benefits,...

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 role...

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...

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...

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...

Regional disparity in the UK's economy remains deep, as the gap between the prosperity of London and the South East and that of the rest of the country continues to...

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,...

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...

The UK Treasury has unveiled its plans for an £800 million budget package of technology reforms aimed at improving the efficiency of the NHS and the Police Service. Chancellor Jeremy...

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,...

The United Kingdom has seen a significant fall in its trade volumes in recent years, marking the biggest five-year fall on record. Economists attribute this decline largely to the impact...

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...