UK Families Face £271 Annual Food Bill Increase
UK households face £271 annual food bill increase as grocery prices hit highest level since 2011, driven by supply chain issues and Ukraine war.
Category : Economy
Mother Faces £2,300 Fee to Access Disabled Son's Junior ISA
Mother must pay £2,309 to access disabled son's £7,000 Junior ISA, highlighting hidden fees in children's savings accounts.
Why M&S Grapes Beat Aldi and Sainsbury's Every Time
An Aldi and Sainsbury's regular reveals why she makes a weekly trip to M&S for grapes, citing superior quality, taste, and less waste despite a higher price.
Over 1m Miss Tax Deadline Face £100 Fines
Over 1 million miss self-assessment tax deadline, face £100 fine from HMRC, with penalties rising over time.
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UK financial sector sees fastest recovery in 30 years, but job losses persist
UK financial services sector sees fastest recovery in 30 years, but job losses worsen amid Middle East conflict.
Odegaard: Arsenal Ready to Take Trophies Home
Martin Odegaard says Arsenal are ready to win the Premier League and Champions League after a 1-0 win over Burnley.
Cost of US War on Iran Exceeds $29bn, Could Hit $1 Trillion
US war on Iran costs exceed $29bn, could reach $1 trillion. Australia joins Hormuz mission. Iran regains missile sites. Israel strikes Lebanon.
Over 1 Million Face £100 Fine After Missing HMRC Self-Assessment Deadline
Over 1m people missed the HMRC self-assessment deadline, facing a £100 fine from 1 March, with escalating penalties for late filing.
Bank Holiday Jams Expected As 19m Trips Planned
Nearly 19m drivers expected on UK roads over bank holiday weekend, with heavy traffic and border delays at Dover.
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Record Number of Britons in ‘Very Deep Poverty’ Hits Peak
Record 6.8 million Britons in very deep poverty, with incomes far below essentials, JRF analysis shows.
Altria Earnings Flat Amid Cigarette Slump and Nicotine Pouch Rivalry
Altria reports flat earnings as cigarette sales decline and nicotine pouch competition intensifies, missing Wall Street estimates.
AI Drives UK Shift Towards In-Person Experiences, Mastercard Study Finds
Mastercard survey reveals 88% of UK consumers prioritise experiences over goods, driven by AI and digital fatigue, with spending on experiences rising to 23.3%.
Pension Credit Boost: Single Claimants to Receive Extra £47.23 Monthly
Single state pensioners on low incomes get extra £47.23 monthly from April's 4.8% Pension Credit rise, unlocking further benefits.
UK economy grows just 0.1% as business investment and consumer spending falter
UK GDP grew just 0.1% in Q4 2025, missing forecasts, as business investment fell 2.7% and consumer spending remained weak.
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Final £299 Cost-of-Living Payment to Be Issued in February
Eight million benefit claimants will receive a final £299 cost-of-living payment in February, with no further instalments scheduled.
UK Economy Grows 0.1% in Q4 2025 Despite Budget Concerns
UK GDP grew just 0.1% in Q4 2025, missing forecasts, as business investment fell and consumer spending remained weak. Chancellor Reeves plans to reaffirm growth strategy.
Universal Credit Full Rollout Delayed Again Until 2024
Universal Credit full rollout delayed to 2024 due to claimant reluctance and cost concerns; minister accuses Labour of scaremongering.
OBR Chair Resigns as Fiscal Forecasts Spark Political Row
OBR chair Richard Hughes resigns after budget leak inquiry; Starmer defends chancellor amid political row over fiscal forecasts.
China's Austerity Drive Hits Civil Servant Perks, Experts Warn of Economic Harm
China's updated austerity rules ban civil servant perks like lavish banquets and overseas leisure travel, but experts warn they may harm economic growth.
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UK Economy Limps Along at 0.1% Growth, but 2026 Holds Promise
UK GDP grew just 0.1% in Q4 2025, but rate cuts and anti-inflation measures offer hope for 2026 growth.
Starmer: Labour Should Win Next Election Due to My Work
Sir Keir Starmer says Labour should win the next election because of his work, and expresses no personal animosity towards likely successor Andy Burnham in his first interview since announcing resignation.
Inside Dakota Manchester Airport: Luxury £54m Hotel Aims to Be Best
Dakota Manchester Airport, a £54m luxury hotel, opens with 154 rooms, valet parking, and a goal to be the best airport hotel in the UK and possibly the world.
How to Speed Up Your Tax Refund: Expert Tips
Expert advice on getting your tax refund fast: file accurately, wait for all forms, e-file with direct deposit, and avoid costly refund advance loans.
Reeves Faces Steep Climb in Budget as Borrowing Hits Five-Year High
UK borrowing hits five-year high of £20.2bn in September, highlighting Reeves' challenge to balance budget with tax rises or spending cuts.
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Minneapolis Businesses Hit Hard by Immigration Enforcement Surge
Minneapolis businesses face severe economic impact from Trump-era immigration sweeps, with sales drops up to 80% and widespread closures.
UK Government Borrowing Falls to £11.6bn in December
UK government borrowing fell to £11.6bn in December, below forecasts, as record tax receipts boosted public finances.
Brighton tops list of UK cities with fastest-rising living standards
Brighton tops list of UK cities with fastest-rising living standards, with 8.1% disposable income growth since 2013, double the national average.
HMRC Tax Shake-Up To Hit Thousands With Extra Charges
HMRC's Making Tax Digital requires quarterly updates from 860,000 sole traders and landlords from April, with thresholds dropping to £20,000 by 2028.
Reeves Stands Firm On Economic Plan Despite Weak Growth Figures
Chancellor Rachel Reeves stands by her economic plan despite weak UK growth of 0.1% in Q3, facing a 'doom loop' of tax rises and spending cuts.
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Davos Final Day: Lagarde Downplays World Order 'Rupture' Fears as Georgieva Warns of AI 'Tsunami' on
Davos final day focuses on global economy as Lagarde downplays world order 'rupture' fears and Georgieva warns of AI 'tsunami' hitting jobs market.
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