The soaring cost of living has put a lot of people in Britain on the verge of destitution. Fortunately, help is at hand as charities such as Turn2us step up...
Millions of UK workers could see a boost in their bank accounts starting April 7, as the UK's lowest-paid workers receive a salary increase, resulting in an additional £160 for...
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...
The London Stock Exchange has declared the opening of a market for exchange-traded notes (ETNs) for Bitcoin (BTC) and Ethereum (ETH). The main stock exchange in the United Kingdom said...
The Department for Work and Pensions (DWP) is poised to implement a significant increase in state pension rates. UK pensioners are set to receive a substantial increase in state pension...
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...
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...
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...
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...
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...
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...
In an ongoing salary dispute, junior doctors in England have overwhelmingly opted to carry out six months of further strike action. Junior Doctors Overwhelmingly Support Extended Strike Action The Health...
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...
House asking prices have surged by more than £5000 in March as the mortgage market recovery uplifts sellers' confidence in property values. House Asking Prices Surge, but Buyers are Still...
The UK government has announced plans to temporarily suspend import tariffs on more than 120 products for two years starting April 2026. The aim is to help small and medium-sized...
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,...
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...
In an audacious move to stimulate international investment, El Salvador has announced the complete removal of income tax on inward investment and remittances. This major step is part of comprehensive...
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...
London Heathrow Airport (LHR) has recorded its busiest February in 2024, with over 5.8 million passengers, an increase of 11% on the previous year's figure of 5.2 million. This shows that...
UK households face paying an additional £200 on their energy bills as plans to maintain Britain's lights through the construction of extra gas-powered fire plants will soon take effect. Experts...
As school holidays approach, HMRC is urging working parents to check if they qualify for Tax-free childcare benefits. Families Urged to Sign Up for Tax-Free Childcare Before Easter Break With...
According to the Bank of England, the level of outstanding mortgage balances with arrears surged by over 50% in 2023's fourth quarter in comparison with a year earlier. Bank of...
New UK visa laws are now in effect, aiming to limit care workers from bringing their relatives, while caregivers who are sponsoring migrants are asked to register. New UK Visa...
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....
The UK's Financial Conduct Authority (FCA) is granting permission to professional investors to start issuing crypto-backed exchange-traded notes (ETNs). The UK Approves Bitcoin and Ethereum ETNs for Professional Investors The...
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...
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...
British pensioners with income tax may be concerned to learn that they stand to lose £1,000 in Chancellor of the Exchequer Jeremy Hunt's new Budget. His proposal to freeze the...
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...
As anticipation grows among Conservative Members of Parliament, Chancellor Jeremy Hunt is expected to unveil a substantial £5 billion pre-election tax break for motorists in the forthcoming Budget. Speculation is...
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...
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...
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...
Commuters in England and Wales brace themselves for a notable change in their daily expenses, with rail fares set to increase by 4.9% starting this Sunday. This rise in train...