Category : Search result: cash economy


RBA holds rates at 12-year high amid cost crisis

The Reserve Bank of Australia maintains its tough stance against inflation, keeping interest rates at 4.35% while households face mounting financial pressure from rising expenses across housing, utilities and essentials.

RBA holds interest rates at 4.35% for fifth meeting

The Reserve Bank of Australia maintains current interest rates at 4.35% for the fifth consecutive meeting as inflation battle continues. Governor Michele Bullock signals cautious approach despite economic pressures.

Australia forces banks to maintain cash services

The Australian government announces sweeping new regulations forcing banks to maintain cash services nationwide, protecting vulnerable communities and regional areas from banking deserts.

MPs: Cash ISA cuts won't boost stock market

Cross-party MPs challenge Chancellor's plan to slash cash ISA limits, warning the move will fail to boost London's struggling stock market and could harm ordinary savers.

Australia's New Cash Payment Rules Explained

Australia is implementing sweeping changes to cash payment rules that could affect millions of transactions. Discover what the new limits mean for your wallet and why critics are calling it a war on cash.

Brits to be poorer than Turks and Latvians by 2040s

Groundbreaking economic research reveals Britain is on course to be outperformed by Turkey and Latvia within two decades, with the UK facing its worst relative decline in living standards since records began.

China spy suspect caught with £4k cash at Heathrow

Exclusive: Labour's election manifesto faces security questions after a defendant in a major China espionage case was intercepted at Heathrow Airport carrying thousands in cash, raising concerns about foreign interference in British politics.

Ex-Celtic footballer jailed for money laundering

Former Celtic footballer Anthony Stokes has been sentenced to five years in prison for his role in a sophisticated money laundering operation involving a stolen cash van and hundreds of thousands of pounds.

Plum Launches Market-Leading 6.17% Easy-Access Cash ISA

Exclusive: The popular money app Plum launches a market-leading Easy-Access Cash ISA with a top-tier 6.17% AER rate, offering a savvy new way for UK savers to beat inflation and use their tax-free allowance.

Centrelink Cash Boost for Millions Starts Tomorrow

Millions of eligible Australians will see a significant increase in their Centrelink payments starting tomorrow, as the federal government's indexation changes come into effect. Here's who qualifies and how much extra you'll receive.

Brits Sell Gold Jewellery as Prices Hit Record High

Soaring gold prices have triggered a national trend, with Britons cashing in on old jewellery and heirlooms. John Lewis & Partners reports a 73% surge in its sell-your-gold service, as experts advise on how to navigate the booming market.

Reeves Rules Out Pension Lump Sums in Retirement Blow

Chancellor Rachel Reeves has shut down the possibility of reintroducing a popular pension policy, dealing a blow to retirees seeking greater financial flexibility. The decision signals a major shift in Labour's retirement strategy.

MP Researcher Charged with Spying for China

A parliamentary researcher has been charged with espionage offences for allegedly spying for China, in a major national security breach that has sent shockwaves through Westminster.

CPS drops China espionage case against two men

The Crown Prosecution Service has discontinued its case against Christopher Cash and Christopher Berry, accused of spying for China, citing insufficient evidence. The case collapses amid heightened UK-China tensions.

Emirates Premium Economy Review: Is The Upgrade Worth It?

Considering an upgrade to Emirates Premium Economy? Our in-depth review breaks down the seats, service, and overall value on the Airbus A380 to help you decide if it's worth the extra cost for your next long-haul flight.

Reeves: Russia's Sanction-Hit Economy is a "Failure"

Shadow Chancellor Rachel Reeves delivers a scathing critique of Russia's economic collapse under sanctions, contrasting it with the UK's resilience and outlining Labour's plan for economic security.

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