News

Econostrum’s News section provides a broad overview of major news stories and events across the UK. We cover a variety of topics, including politics, society, culture, and significant national events. Our reporting aims to deliver clear, factual, and comprehensive updates to keep our readers informed about the latest developments. We focus on delivering timely news that impacts the lives of our audience, offering insights into the issues that matter most. Whether it’s a political shift, a cultural festival, or a major societal change, Econostrum is dedicated to providing in-depth coverage of all key happenings in the UK.

‘Buy Now Pay Later’ Shoppers to Receive Stronger Protections by 2026

By 2026, new regulations for “Buy Now, Pay Later” (BNPL) services will introduce enhanced financial protections for consumers.

Buy Now Pay Later Mobile App

£175 Christmas Cash Offer for Nationwide and Santander Customers—Here’s How

The UK's largest building society has announced that, in collaboration with Santander, its customers will receive an early Christmas present in the form of free payments.

Nationwide Building Society

Oldest Fossil Discovery Could Redefine Our Knowledge of Dinosaur Evolution

Gondwanax paraisensis, a recently found fossil in Brazil, may help explain the 237 million-year-old origin of dinosaurs.

A Fossilised Head Of The Prestosuchus Chiniquensis Dinosaur Is Seen At Cappa

HMRC Crackdown on Gifting Rules: Families May Face Higher Inheritance Tax

Labour’s inheritance tax reforms could tighten gifting rules, leaving families facing higher taxes on gifts made years before death.

Hmrc Crackdown On Gifting Rules

DWP Shares Update on Plans to Revise PIP Assessments Under Labour

The Department for Work and Pensions (DWP) has announced an update on proposed changes to the review period and criteria for Personal Independence Payment (PIP) under the new Labour government.

Sign for the Department for Work and Pensions (DWP) at the entrance of Caxton House

New Group of People Could be Entitled to Up to £12,400 in State Pension Back Payments

New evidence indicates that a new group of state pensioners appear to have errors on their state pension and could claim up to £12,400 worth of back payments.

A Document With The Words State Pension Prominently Circled In Red

Sir Keir Starmer Pledges Budget to Raise Living Standards and Rebuild Britain

Sir Keir Starmer said the Budget will focus on making life better for people, fixing the NHS, and "rebuilding Britain," with plans to invest in schools, housing, and transport.

Sir Keir Starmer

State Pensioners Born Before Specific Years to Receive £2,991 Increase

State pensioners born before certain years may qualify for a yearly boost of £2,991 due to a change in the state pension system.

Hands Holding A Collection Of British Banknotes Including, £50, £20 And £10 Notes in Reference to DWP Update Confirms Pensioners Now Receiving £4,200 on Average with Pension Credit Top-Up

PIP Claimants Given Date for Important Payment Changes

People who claim Personal Independence Payments (PIP) will soon get an update on what’s next for the benefit.

PIP Document

HMRC Warns Millions of Households About 48-Hour Automatic Fine

People must inform HMRC by October 5 to avoid automatic fines. Missed deadlines lead to escalating penalties up to £900.

HMRC Paper

State Pension Age Hike Delays Retirement for Many Born Before this Date

Peoples' retirement plans are being impacted by the changes brought to the state pension age. Many are forced to stay in work to be able to secure a comfortable retirement.

Old Lady Wearing Glasses Reading A Document With Cup Of Coffee Besides Her

New Driving Laws in October: Medical Licence Rules, Parking Changes, and More

UK motorists are being warned about the upcoming driving law changes taking place this October. Key updates include parking, medical licences, budget changes, and more.

Uk Driving Licence

Euston Train Station Braces for Christmas Chaos – What You Need to Know

Euston Station set for extreme overcrowding this Christmas as engineering works shut down nearby stations, prompting Network Rail warnings.

Euston Train Station Braces For Christmas Chaos

UK Government Aims to Tackle Rising Long-Term Sick Leave with Bold Reforms

The UK government aims to reduce record high sick leave numbers, with plans for job support and healthcare reforms under review.

UK Government Aims to Tackle Rising Long-Term Sick Leave

Massive Pension Credit Surge: Millions of Pensioners Face Losing Winter Fuel Payments!

Pension credit applications have more than doubled since Labour’s controversial move to cut winter fuel payments for pensioners. Recent government data reveals that the surge could cost the Treasury an…

Massive Pension Credit Surge

DWP Set to Target a Specific Benefit with New Bank Account Checks Following Labour Changes

The new Labour Party government will seek financial institutions to disclose data in order to help identify and stop fraudulent activities.

Sign for the Department for Work and Pensions (DWP) at the entrance of Caxton House

Keir Starmer Says Long-Term Sickness Benefit Claimants Should Seek Work

Prime Minister Keir Starmer recently stated that people on long-term sickness benefits should be encouraged to seek work.

Prime Minister Keir Starmer

UK Households Losing Winter Fuel Payment Get £330 Off Energy Bills

UK households missing out on Winter Fuel Payment still have the possibility to reduce their energy bills this winter by hundreds of pounds.

Energy bill

New Cash Rules Now in Effect for Customers at 14 Banks, Including Lloyds, NatWest, Santander, Barclays, and HSBC

New cash rules are now in effect, making banks responsible for ensuring everyone has easy access to cash services. The FCA is requiring banks to address gaps in their services…

New Cash Rules Now in Effect for Customers at 14 Banks, Including Lloyds, NatWest, Santander, Barclays, and HSBC

Update on Calls to Extend Winter Fuel Payments to All Over State Pension Age

New rules cut Winter Fuel Payments for many pensioners, with Pension Credit promoted as a replacement, but some will still miss out.

Pensioners Winter Fuel Payments Notice

UK Motorists Could Receive 11 Penalty Points and Heavy Fines for Ignoring Key Highway Rule

As Britons get ready to return to university this month, UK motorists are being warned about the risks of committing a key Highway Code offence. New Warnings Issued for UK…

UK Motorists Could Receive 11 Penalty Points and Heavy Fines for Ignoring Key Highway Rule

ECB Cuts Interest Rates Again, Lowers Eurozone Growth Forecasts

The European Central Bank (ECB) has implemented its second interest rate cut of the year, reducing its main rate to 3.5% from 3.75%. This decision follows a widely expected 25…

Ecb Cuts Interest Rates Again

DWP Unveils New Autumn Plan to Help Long-term Sick and Unemployed Individuals Return to Work

The Department for Work and Pensions (DWP) is set to release a new White Paper this Autumn aiming to boost employment by getting more unemployed and long-term sick people back into…

DWP Unveils New Autumn Plan to Boost Emloyment for Unemployed and Long-term Sick People

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

A driving expert has warned that the new Labour government’s intention to eliminate fuel duty could have a significant impact on drivers, potentially costing an additional £122 per year. Drivers…

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

New Pay-Per-Mile Tax Likely to Push One in Three Drivers to Sell Their Vehicles

Many petrol and diesel drivers could be forced to ditch their vehicles and switch to other modes of transport as new pay-per-mile tax changes are set to be introduced. New…

New Pay-Per-Mile Tax Likely To Push One In Three Drivers To Sell Their Vehicles

New Driving Laws in September: Petrol, Diesel, and Electric Vehicle Owners to Face Additional Charges

British motorists are being alerted to new driving laws coming into effect in September. These changes will primarily impact fuel regulations, number plates, and the conclusion of a significant scheme.…

New UK Driving Laws Coming into Force in December 2024: What You Need to Know

DWP Winter Fuel Payments Under Review After Petition Hits 450k Signatures

More than 450,000 people have signed a petition to cancel Labour’s changes to Winter Fuel Payments, which were previously available to anyone in the UK born before September 25, 1957…

DWP Winter Fuel Payments Under Review After Petition Hits 450k Signatures

Daylight Saving Time in the UK: When the Clocks Will Change in 2024

As the end of daylight saving time (DST) is getting closer, the UK will soon have to change its clocks to Greenwich Mean Time (GMT).  Understanding Daylight Saving Time in the UK…

Daylight Saving Time In The Uk When The Clocks Will Change In 2024

Driving with a Medical Condition? New DVLA Rules Could Revoke Your Licence

The Driver and Vehicle Licensing Agency (DVLA) recently included new language to its “assessing fitness to drive” guide which will shock many if not all. When it comes to various…

Driving With A Medical Condition New Dvla Rules Could Revoke Your Licence

Foreign Office Alerts British Tourists to Get Tested Within Eight Weeks Amid Ongoing Virus Outbreak

British tourists have been cautioned about a new “active outbreak” of a virus transmitted by bite-causing midges and mosquitos. British holidaymakers have been warned about the condition, which causes fever, chills,…

Foreign Office Alerts British Tourists To Get Tested Within Eight Weeks Amid Ongoing Virus Outbreak

UK Under Attack: European Bugs Bring Deadly Diseases to Every Household

Insects, which were previously found only in warm areas such as Mediterranean, are now finding their way to the UK. Government scientists attribute this phenomenon to global warming, which not…

Man In Protective Suit Disinfecting And Spraying Anti Bugs Solution

Drivers Risk £5,000 Fines for Not Keeping ‘Spare Pair’ in Glovebox

To avoid both penalty points and a £5,000 fine, drivers are strongly advised to verify that their sunglasses are safe before driving. Drivers Urged to Wear Properly Rated Sunglasses to…

Drivers Risk £5,000 Fines For Not Keeping 'spare Pair' In Glovebox

Energy Customers of EDF, British Gas, Octopus, OVO, and EON to Receive £572 Payment

Energy customers of British Gas, OVO, EDF, EON Next and Octopus have been told they can avoid a £146 price hike from October. By contacting their energy provider and making…

Energy Customers of EDF, British Gas, Octopus, OVO, and EON to Receive £572 Payment

UK Opens First Safer Drugs Consumption Room Amid Rising Drug Deaths

Glasgow is about to make history and become the first ever city in the UK to have a legally recognized safer drugs consumption facility. This will be a milestone towards…

Uk Opens First Safer Drugs Consumption Room

DVLA Revokes 640,000 Driving Licences, Citing Clear Rules

UK drivers have been warned that their licences could be at risk after the DVLA revoked 646,000 licences just two months ago. DVLA’s Medical Driving Licence Revocations In June, the…

Dvla Revokes 640,000 Driving Licences, Citing Clear Rules

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

Drivers and road users have been warned not to be on the roads this week as Britain braces for chaos. Experts have urged motorists, drivers and road users across the…

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

New UK Driving Law to Take Effect Soon – Only Older Drivers Ready for Change

A new driving law only the older generation of drivers are ready for is set to make significant changes in the UK within a few weeks. UK Road Users Face…

New UK Driving Laws Coming into Force in December 2024: What You Need to Know

State Pensioners to Receive Up to £925 Monthly Under New Triple Lock Reform

According to the latest figures issued the Office for National Statistics (ONS) on Tuesday, average regular earnings growth decreased by to 4.5% (with bonuses) in the three months leading to June. This…

State Pensioner holding

Santander Issue Urgent Warning to All Bank Account Holders

Santander has started using deepfakes to warn about the dangers of AI scams, as many people in the UK remain uninformed or confused by this new threat. Rising AI Deepfake…

Santander Issue Urgent Warning to All Bank Account Holders

Pensioners Could Secure Winter Fuel Payment with £9,665 Income Boost

  Thousands of pensioners who lost access to the Winter Fuel Payment due to a previous overhaul may now be eligible to receive it again. Winter Fuel Payment Eligibility May…

Pensioners Could Secure Winter Fuel Payment with £9,665 Income Boost

New Update Issued for Winter Fuel Payments to Cover All Over State Pension Age

Over 221,000 individuals from across the UK have signed an online petition initiated by Age UK, calling on Chancellor Rachel Reeves to overturn the decision that requires means testing for…

State Pension Age Citizens May Face Cuts to Free Benefits in Next Month's Autumn Budget

Are You Gifting Money to Your Children? Beware of This Hidden Tax Trap

Caution parents gifting their children money, as there could be an increase in inheritance tax bills, said professionals. Under present rules, individuals can make gifts of up to £3,000 per…

Are You Gifting Money To Your Children Beware Of This Hidden Tax Trap

Intel Announces Major Layoffs and Strategic Overhaul Amidst Financial Losses

Intel has announced it will be reducing its staff by 15% as part of a $10 billion plan to save money by 2025. This means that over 15,000 jobs will…

Intel Announces Major Layoffs And Strategic Overhaul Amidst Financial Losses

Households in the UK Face £200 Fines for Throwing Away Toothpaste Tubes

UK households have been alerted they may have to face £200 fines for incorrectly disposing their toothpaste tubes. Waste Expert Warns UK Households of £200 Fines for Incorrectly Disposing of…

Households In The Uk Face £200 Fines For Throwing Away Toothpaste Tubes

All UK Residents with £1,000 in Bank Accounts Urged to Move Funds Before Thursday

A savings expert cautions that UK bank account users must act prior to August 1 to receive high interest rates on their investments. Expert Insights on High Savings Rates Ahead…

All UK Residents with £1,000 in Bank Accounts Urged to Move Funds Before Thursday

Food Safety: ‘Do Not Eat’ Alert Issued by Tesco, Asda, and Lidl Amid Contamination Concerns

It has surfaced that several food items, which are recalled by a number of retailers in the UK due to safety concerns. The Food Standards Agency (FSA) has advised consumers…

Food Safety 'do Not Eat' Alert Issued By Tesco, Asda, And Lidl Amid Contamination Concerns

Labour Government Aims for ‘Fair Pay’ with Minimum Wage Changes Amid Cost of Living Crisis

The UK Labour Government will shortly be announcing a complete restructure of the UK’s minimum wage system, in what amounts to a momentous shift in policy. According to the new…

Labour Government Aims For ‘fair Pay’ With Minimum Wage Changes

Four Major Changes to Universal Credit and Benefits Coming Next Month – Check if You Are affected!

Universal Credit and other benefits are about to change a lot in April. You should understand these changes well and the possible impact on your family. Tax Credit Deadline There…

Four Major Changes To Universal Credit And Benefits Coming Next Month

Passport Ranking 2024: Singapore Tops the League, United Kingdom Still Lagging Far Behind

Passports are an example of how nations have power and influence around the world. For some people, they can travel internationally with ease since they have limited visa requirements, while…

Passport Ranking 2024 Singapore Tops The League, The Uk Is Still Lagging Far Behind

BBC TV Licence Fees Reduced to £0 as 500,000 Households Opt Out of Payments

BBC TV licence holders have been told that they might be entitled to a free licence or a 50% reduction if they meet certain requirements This adjustment can help many…

BBC TV Licence Fees Reduced to £0 as 500,000 Households Opt Out of Payments