Reeves Rules Out Income Tax, NI and VAT Rises
Chancellor Rachel Reeves rules out income tax, national insurance, and VAT rises in the Budget, sticking to manifesto pledges despite a £30bn fiscal hole.
Category : Economy
Whey Protein Shortage Looms as Demand Surges on Weight-Loss Drug Boom
Whey protein prices hit record highs as demand from weight-loss drug users outpaces supply, sparking shortage fears.
Kroger and Walmart Cut Prices on Thousands of Items Amid Cost of Living Crisis
Kroger and Walmart cut prices on thousands of items to compete with warehouse retailers amid rising inflation and cost of living pressures.
Driver Blames Wine Smell on Beef Bourguignon After Erratic Driving
Driver Victoria Chesworth blamed wine smell on beef bourguignon after being stopped for erratic driving and found to have cocaine in her system.
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Cost Of Living Crisis Deters Young Britons From Parenthood
Cost of living crisis forces young Britons to delay parenthood as savings dwindle and renters face greatest financial vulnerability.
Iceland Boss Warns Next PM: 'Freight-Train of Inflation'
Iceland boss and cost of living champion Lord Walker warns the next PM that a 'freight-train of inflation' will hit in autumn, urging focus on household bills over Westminster politics.
Best World Cup Betting Offers & Odds for 2026
Find the best World Cup betting offers, free bets, price boosts, and match odds for the 2026 tournament. Expert picks and tips from The Standard.
UK Launches Great British Summer Savings Tax Cut Scheme
The UK government has launched the Great British Summer Savings scheme, cutting VAT from 20% to 5% on family days out, meals, and attractions to help families afford trips to the seaside and create memories.
Major UK Venues Cut Prices as Summer VAT Relief Begins
A temporary VAT cut on children's meals, cinema tickets, and family attractions has come into effect. Major names like McDonald's, Nando's, and Wetherspoons are slashing prices under the government's Great British Summer Savings initiative.
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Reeves Warns Burnham on BBC Breakfast Over Finances
Chancellor Rachel Reeves warned Andy Burnham he must control public finances if he becomes PM, speaking on BBC Breakfast. She supports him but stresses fiscal responsibility.
‘I’m Throwing Everything at It’: One Young Man’s Search for a Job in Britain’s ‘Worklessness Capital
Cohen, 19, struggles to find work in Grimsby, dubbed 'worklessness capital', despite volunteering and starting a mascot business.
Top 3 Social Security Blunders Retirees Must Dodge
Discover the top three Social Security mistakes retirees make, including early claiming, tax pitfalls, and ignoring COLAs, plus expert advice on how to avoid them.
Five high-paying careers that aren’t worth it, experts say
Experts highlight five high-paying careers where personal costs outweigh financial rewards, including senior leadership, trucking, and law.
Reeves Slams Trump Over Iran War with No 'Clear Plan'
Chancellor Rachel Reeves criticises Donald Trump for starting a war in Iran without a clear exit plan, as UK prepares for energy disruptions.
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National Spelling Bee: More Vital Than Ever in the Age of AI
The 96th Scripps National Spelling Bee begins, reviving debate on memorisation vs. technology. Supporters say it celebrates human focus and skill in an AI age.
Labour's VAT Cut Plan to Slash Energy Bills May Backfire, Experts Warn
Experts warn Labour's plan to cut VAT on electricity bills would benefit the wealthy and increase emissions, undermining climate goals.
Labour Poised for Fresh Welfare Changes After Report Reveals Youth Jobs Crisis Costing £125bn a Year
Labour considers welfare changes after Milburn report warns youth unemployment costs UK £125bn a year, with Neet numbers set to rise to 1.25 million.
James Dyson: The Brexit Cheerleader Now Caught Up in 'Tory Sleaze'
James Dyson faces scrutiny after texts with Boris Johnson on tax and ventilators are revealed, highlighting his flip-flopping political stances.
Young Londoners Switch To Bikes Amid Fuel Price Surge
Survey shows 28% of London drivers cycling more or considering it due to fuel price surge, with young people leading the shift.
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UK Grocery Inflation Rises to 4.3%, Reducing Likelihood of Interest Rate Cut
UK grocery inflation rose to 4.3% in February, reducing the likelihood of an interest rate cut amid Middle East war fears and rising energy costs.
Burnham Warned Against Scrapping Pension Triple Lock
Andy Burnham faces warnings from Tories and Reform UK not to scrap the state pension triple lock, as his economic advisers reportedly favour replacing it with a more affordable alternative.
Rachel Reeves to Be Sacked, May Set Trap for Ed Miliband
Chancellor Rachel Reeves is expected to be sacked following Sir Keir Starmer's resignation, but her economic legacy of high borrowing and tax hikes may create a trap for successor Ed Miliband.
Five Changes Andy Burnham Could Make to Your Money if PM
Andy Burnham, expected to replace Keir Starmer as PM, could bring changes to income tax, benefits, energy, water, business rates, and the state pension triple lock.
Warning: UK Tomato Prices May Rise Due to Energy Costs
Italian tomato brand Mutti warns UK supermarket tomato prices could rise if oil costs stay high during summer harvest. Energy expenses are 50% above expected levels due to Iran conflict.
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Andy Burnham faces Labour MPs' concern over economic plans
More than 100 Labour MPs have concerns about Andy Burnham becoming leader and PM, focusing on his economic policy and potential chancellor, according to Chief Secretary Darren Jones.
2026 World Cup Betting: Scotland Odds, Offers & Tips
Get the best 2026 World Cup betting offers, match odds, and predictions for Scotland vs Brazil, plus top bookmaker promotions and outright odds.
State Pension Triple Lock 'Not Sustainable', Expert Warns
A leading retirement expert warns the State Pension Triple Lock is 'not sustainable' in its current form, calling for an open debate on reforms to ensure affordability for future generations amid an ageing population.
US House Passes Bipartisan Housing Bill to Lower Costs
The US House approved a bipartisan housing bill 358-32, aiming to lower housing costs by reducing regulations and boosting supply. President Trump is expected to sign it into law.
Community Hubs Help Residents Fight Rising Living Costs
Community hubs across the UK offer debt advice, health services, cafes, and social activities under one roof, providing financial respite and support for residents facing rising living costs.
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Australia's Underlying Inflation Climbs, Rate Hikes Still Possible
Australia's trimmed mean inflation rose to 3.6% in May, keeping RBA rate hikes on the table despite headline inflation falling to 4% due to lower fuel prices.
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