Category : Search result: banking surcharge


New Council Tax Surcharge for £2m+ Properties

Chancellor Rachel Reeves announces new annual council tax surcharge for properties valued over £2m, starting April 2028. Find out how this 'mansion tax' could affect homeowners.

Labour's Mansion Tax to Hit 'Normal' London Properties

Chancellor Rachel Reeves' new High Value Council Tax Surcharge will cost owners of £2m+ homes £2,500 a year. Experts warn it will subdue the property market and hit families, not just the ultra-rich. Discover the full impact.

Reeves Unveils New Mansion Tax on £2m+ Homes

Chancellor Rachel Reeves announces a new 'high value council tax surcharge' on properties over £2 million, expected to raise £400 million annually. Discover how this new mansion tax will work.

Farage slammed over EU benefits ban plot

Reform UK's Nigel Farage faces backlash for pledging to bar EU nationals from welfare, a move critics warn could trigger a trade war and price hikes. Read the full story.

Fourth US Bank Collapses as First Republic Fails

First Republic Bank becomes latest casualty in American banking turmoil, with JPMorgan acquiring assets in dramatic federal intervention following SVB, Signature and Silvergate failures.

HSBC sued over Bernie Madoff profits in major lawsuit

HSBC confronts explosive legal action alleging the banking giant knowingly profited from Bernie Madoff's notorious Ponzi scheme while ignoring clear warning signs in the largest fraud in Wall Street history.

NatWest Announces Major Banking Overhaul

NatWest Group reveals strategic transformation plan affecting Ulster Bank operations, customer services, and regional banking infrastructure across the UK and Ireland.

ANZ Banking App Crashes in Nationwide Outage

Thousands of ANZ customers across Australia were left stranded as both the mobile app and internet banking services crashed simultaneously, sparking fury and financial anxiety.

Lloyds Bank cuts 1,600 jobs in restructuring

Lloyds Banking Group reveals plans to slash 1,600 jobs while creating 830 new roles in strategic restructuring. The changes affect multiple locations including Bristol and Edinburgh as the bank accelerates its digital transformation.

Queenstown forces Bendigo Bank cash policy reversal

The remote community of Queenstown, Tasmania, has emerged victorious in a landmark battle against banking giant Bendigo Bank, successfully reversing a controversial cashless policy that threatened to leave elderly and vulnerable residents stranded.

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