173 results for "Labour"

Taxes and high interest rates are set to make the UK economy the slowest growing in the G7 next year, according to forecasts by the Organisation for Economic Co-operation and...

The Bank of England is facing increasing Tory pressure for interest rate reduction ahead of the scheduled May rate-setting meeting, driving economists to caution that politicians should not interfere with...

The Department for Work and Pensions (DWP) has confirmed that women affected by state pension underpayments are now falling into back payments averaging around £5,000. These arrears arise from the...

MPs have issued a warning that thousands of vulnerable people could lose their welfare payments as a result of a major Universal Credit benefit switch. Universal Credit Benefit Switch Raises...

A Member of Parliament has drawn attention to a problem involving a substantial number of divorced individuals who may have been overlooked in the DWP's State Pension benefit calculation, potentially...

The Department for Work and Pensions (DWP) is coming under increasing pressure to review the compensation due to Waspi women (Women Against State Pension Inequality). This follows a decision by...

KPMG UK has cancelled employment offers for certain foreign graduates in the UK after the government strengthened visa requirements for abroad workers in an effort to reduce record immigration. KPMG...

Universal Credit claimants with children have been alerted to the potential for childcare support worth up to £1,739 per month. This is part of the UK Government's initiative to help...

Alan Brown, an SNP MP, has asked the UK government to "do the right thing" and the Labour Party "to commit" to his State Pension Age (Compensation) Bill "if they...

Building society revisions proposed by a Sunderland MP are anticipated to help more first-time homebuyers get on the property ladder. First-Time Homebuyers Set to Benefit as Building Societies Act Amendment...

The Department for Work and Pensions (DWP) is well known for its dedication to supporting people with health problems through a range of benefits. One such benefit is Employment and...

Compensation provided for UK rail passengers for train delays has hit new highs, with yearly payouts exceeding £100 million and the number of claims for cancelled or delayed trains continuing...

When payday is due, millions of Universal Credit recipients will be pleasantly surprised to see an extra £470 in their pockets. This windfall follows closely on the heels of April's...

The UK is on the cusp of a historic shift towards a healthier future, amid plans to introduce radical smoking ban laws. The aim of this legislation is to eliminate...

The UK is set to face food shortages and price increases as severe weather associated with climate change causes low yields on farms both locally and internationally. Rain-Hit Farms Struggle,...

According to data released on Tuesday, the UK job market lost a little more of its inflationary heat, which gave the Bank of England some respite. However, persistent underlying issues...

According to a Resolution Foundation analysis, a single parent who rents and works 30 hours per week at the national living wage will be roughly £3,800 better off in 2024–25...

Whether it is the food in your fridge or your monthly mortgage payments, inflation has seen costs rise sharply for UK households over the last two years. Just two years...

The start of the new tax year has brought a financial boost to millions of UK workers. National insurance schemes have been in place since 6 April 2024, and British...

In a recent social media post, President Bukele announced that El Salvador will offer 5,000 free passports, worth $5 billion under the country's passport programme, to highly skilled workers from...

Leading UK Affordable Housing Associations issued warnings recently, pointing to a growing shortage of housing supply and the increasing financial difficulty of building new affordable homes. As public funding falls,...

Despite the UK government's recent implementation of the largest cash boost to the minimum wage in over a decade, a sobering reality persists as millions of UK workers across the...

It is commonly believed that the British government, a body elected by the people, mostly by its pensioners, always has their interests at heart. However, this perception is not entirely...

Nearly 8 million jobs in the UK could be lost due to the omnipresence of artificial intelligence in almost every work field. New research has warned that the people most...

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...

Britain is currently facing its most significant and sustained rise in the number of working-age adults unable to work due to illness since the 1990s. This highlights the urgent need...

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....

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,...

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...

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...

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....

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...

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...

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,...

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...

Rail passengers in England and Wales have been faced with major disruption to their travel plans. In fact, rail fares were increased by almost 5% on 2 January. Reports indicate...

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,...

Chinese electric car brands are steering towards the UK, launching low-cost, long-range electric vehicles that pose a challenge to local manufacturers. With competitive pricing and advanced technology, these Chinese electric...

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...

The Institute for Fiscal Studies (IFS) has warned that Chancellor Rishi Sunak's recent fiscal measures targeting workers and businesses are projected to result in an additional £100 billion in taxes...

A report reveals that the UK's net zero economy experienced a notable surge of 9% in 2023, in stark contrast to the marginal 0.1% growth observed in the overall economy....

As Chancellor Jeremy Hunt readies for another round of tax reductions in next week’s budget, economists caution that Britain's extended public services will bear the burden of post-election spending cuts....

Lawyers cautioned that under the upcoming new visa salary rules, UK workers face the potential of earning lower salaries than their foreign counterparts while performing identical job activities. This concerning...

Following global climate alarmism and the need to reduce carbon emissions, the UK is undertaking a monumental shift to renewable energy. However, in this laudable transition, concerns have arisen about...