Economy

A major productivity issue facing the UK is the public sector, which is becoming a major source of worry. Since 2019, public sector efficiency has sharply decreased, according to new…

Millions of UK households are being urged to check their eligibility for significant payouts, including refunds from mis-sold financial products, overpaid taxes, and allowances. The combined total of these potential…

As part of larger welfare system reforms, the UK government is getting ready to impose more stringent guidelines for Personal Independence Payments (PIP) claims. The Labour Party is spearheading this…

In the wake of rising energy costs, many UK households are finding it increasingly difficult to manage their escalating utility bills. Energy provider EDF has launched multiple initiatives designed to…

The UK government has introduced new tax reporting rules targeting individuals earning through online marketplaces like eBay, Vinted, Etsy, and Airbnb. Designed to enhance tax compliance, these regulations have sparked…

The Department for Work and Pensions (DWP) faces criticism as remote assessments for Personal Independence Payment (PIP) claims become the norm. Concerns rise over potential fraud and the impact on…

The average house seller in England and Wales made £91,820 more than their original purchase price in 2024, according to Hamptons. While nine in ten sellers sold for a profit,…

The Department for Work and Pensions (DWP) has begun issuing bonus payments this January, providing much-needed financial assistance to low-income households during a challenging winter. As millions face rising costs…

A bold proposal calling for the Department for Work and Pensions (DWP) to abolish the Basic State Pension has sparked widespread debate. The suggested reform could see nearly 9 million…

In a bold move set to make waves across the UK retail sector, Sainsbury’s has unveiled a new initiative poised to strengthen its position as a leader among grocers. Set…

Avanti’s Sunday train services are heavily disrupted until May 2025 as strikes over pay disputes continue. Passengers are urged to plan ahead.

Pensioners are caught in a retirement crisis, facing rising care costs and tax reforms. Savings for later-life care risk heavy penalties under new policies.

Big changes are coming to mobile networks across the UK, affecting millions of users. While most devices will continue working as usual, certain phones may face disruptions, prompting some customers…

Food prices are set to rise due to budget tax hikes, with inflation in the grocery sector expected to increase by 4.2%, adding further strain to household budgets already facing…

The United Kingdom is grappling with the highest inflation rate among the G7 economies, as new OECD data reveals. With prices rising at an alarming rate of 3.5% in November—triple…

The pound sterling has plunged to its weakest level in over a year against the dollar, as a bond market sell-off casts doubt on Britain’s economic stability. With borrowing costs…

Rising UK government bond yields signal mounting economic pressures, as fiscal policies face scrutiny and future stability hangs in the balance.

Nationwide customers have been issued an important update about cash withdrawals, with £112 now emerging as a key figure amid shifting financial habits. As more households turn to physical money…

The new digital platform will consolidate multiple benefits, allowing recipients to report changes like hospital stays in one place, streamlining the process for both claimants and administrators.

April’s state pension update brings notable changes for retirees, impacting income and potential tax obligations. Understanding these adjustments is key to planning effectively.

The Department for Work and Pensions (DWP) has officially announced the new State Pension payment rates set to take effect in April 2024. With a rise in weekly and monthly…

In light of the continued cost-of-living issue, the Department for Work and Pensions (DWP) may provide disadvantaged households with £75 in Cold Weather Payments this winter. Strict eligibility requirements, such…

Economists predict that the Bank of England may significantly reduce interest rates in 2025, offering relief to borrowers but raising questions about inflation and economic growth. What would these changes…

A new petition calling on the government to reform the system of Personal Independence Payment (PIP) assessments has ignited a significant debate across the UK. The campaign highlights concerns over…

The landscape for UK businesses is set to grow more challenging as firms brace for rising operational costs in 2025, driven by government budget measures. Economic experts and insolvency practitioners…

England’s housing crisis has reached critical levels, with a new report revealing that millions are living in substandard homes that endanger their health and strain public services. Experts warn that…

Are you paying for a TV Licence unnecessarily? Thousands of households in the UK could cancel their licence and claim a refund of up to £169.50, but many remain unaware…

Households infected with the highly dangerous norovirus are being advised by UK health authorities to implement stringent cleanliness practices and isolate for 48 hours. This season is seeing a sharp…

UK roads are more congested than ever as the holiday season approaches, and drivers of heavy goods vehicles (HGVs) are advising drivers to drive more safely. These recommendations, which draw…

Millions of UK households are poised to see their disposable income drop as new government measures and economic pressures come into play. Those earning over £21,700 annually will see their…

Nationwide is offering a £175 cash incentive for customers switching their current accounts, but there’s a catch—it’s only available for a limited time. With no official end date in sight,…

Protesters and economists are urging the UK Labour administration to lead international initiatives to reduce unmanageable debt levels in developing nations. This occurs as fresh data reveals a precipitous rise…

Major updates to the UK pension system are set to begin in 2025, impacting millions of savers and retirees. From state pension increases to new digital tools for tracking retirement…

Tesco, Aldi, and Morrisons have issued urgent recalls on several festive food items due to safety concerns. Shoppers are advised to check their shelves

HMRC has issued an urgent appeal, encouraging thousands to check for unclaimed savings that could be worth more than they realise. With many unaware of these dormant accounts, there’s a…

After nearly £2 million was lost to scammers in a single week, Santander has issued an urgent warning about an increase in scams during the holiday season. The bank's fraud…

Nationwide has come under fire for abruptly terminating "Trust" accounts, depriving many clients—including those who are more vulnerable—of their necessary funds. Legal professionals, consumer advocacy organizations, and disability charities have…

Inheritance tax (IHT) revenues are rising in the UK; according to latest data, a record £5.7 billion was collected between April and November 2024. As more estates fall inside taxable…

Six additional branches will close in January 2025, according to Barclays, as part of a comprehensive cutback in its high-street presence. It is advised that clients who depend on in-person…

Nationwide, the UK’s largest building society, has sparked controversy by closing its trust accounts, leaving many customers without access to their funds. These accounts, described as a financial lifeline for…

The UK government has introduced seven new cost of living schemes aimed at supporting households facing financial pressure in 2025. From energy assistance to water bill reductions, these measures aim…

The Confederation of British Industry (CBI) warns that the UK economy is "heading for the worst of all worlds," with businesses forecasting a downturn in activity. The latest survey highlights…

As temperatures plummet across the UK, the Department for Work and Pensions (DWP) has announced further Cold Weather Payments, offering financial support to those affected by extreme winter weather.

Motorhome thefts are rising this Christmas, with unsecured vehicles at high risk. Experts urge owners to take action to protect their motorhomes during the festive season.

The UK government is addressing a major health and workforce challenge, focusing on innovative solutions for musculoskeletal conditions that affect hundreds of thousands. With substantial funding and targeted programs, this…

Iceland’s first female-led government promises bold action on inflation, energy, and EU talks. With a new vision for the future, can they meet the nation’s rising expectations?

William Brown, Managing Director of International Motors, proposed an environmental tax on petrol and diesel vehicles, suggesting it could fund electric vehicle incentives while sending a strong signal to consumers…

Find out when UK trains and buses will run on Christmas Eve and Christmas Day, and get important travel tips to plan your holiday journey.