Martin Daly, crowned Screwfix Top Tradesperson 2025, is leaving Britain for Switzerland, citing Labour's Budget tax increases, insufficient apprenticeship funding, and excessive red tape as decisive factors.
As discussions about Universal Basic Income gain traction in government circles, critics warn this socialist fantasy could lead to economic ruin by encouraging mass worklessness at staggering taxpayer expense.
The debate over Australia's capital gains tax discount is escalating, with critics arguing it fuels housing unaffordability by inflating prices and benefiting investors over first-time buyers.
New pension salary sacrifice rules from April 2029 will remove NICs exemption for contributions over £2,000, impacting millions of workers and potentially reducing take-home pay.
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New analysis reveals that upcoming restrictions on salary sacrifice pension schemes could impact millions of workers beyond those contributing over £2,000 annually, raising concerns about retirement savings incentives.
The European Central Bank maintains its benchmark deposit rate at 2% as the eurozone economy demonstrates modest yet resilient growth, overcoming tariff disruptions and benefiting from low unemployment and reduced energy costs.
The Bank of England has kept interest rates unchanged at 3.75% while revising down its UK growth forecasts and predicting a rise in unemployment, as it aims to stabilise inflation around the 2% target.
The Bank of England has kept interest rates unchanged at 3.75% to anchor inflation at its 2% target, while significantly downgrading its UK growth forecasts for 2026 and 2027.
Donald Trump has failed to clarify the status of his promised $2,000 tariff dividend cheques for Americans, contradicting himself in a recent interview and leaving distribution uncertain.
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Government analysis predicts 4.2 million children will live in relative low income by 2029, a mere 10% drop from current levels, despite Labour's policy changes.
The UK services sector expanded at its fastest pace in five months in January, driven by post-budget confidence, but employment fell for the longest period in 16 years as firms cut costs.
A heated exchange erupted on Sunrise as host Nat Barr challenged Housing Minister Clare O'Neil over government action on inflation and interest rate rises, with Nationals Senator Bridget McKenzie joining the fiery debate.
Economist Greg Jericho condemns the recent interest rate increase as 'cowardly' in a Guardian podcast, sparking debate on monetary policy and its economic impact.
Approximately one million individuals risk £100 penalties for missing the self-assessment tax deadline, with HMRC collecting provisional data on submissions.
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Anthropic's new AI tool for lawyers triggers sharp share price falls for European data and publishing firms, reigniting concerns over AI-driven job losses in the UK.
An estimated one million people missed the self-assessment tax deadline, facing £100 penalties. HMRC reveals 475,722 filed on the final day, with millions in fines expected.
HMRC reveals over one million missed the January 31 Self Assessment deadline, facing £100 penalties that could increase, while 11.48 million filed on time.
The Reserve Bank of Australia has increased its benchmark interest rate to 3.85%, reversing three cuts from last year as inflation pressures intensify.
The Reserve Bank's latest cash rate increase to 3.85% highlights Canberra's failure to curb spending, forcing monetary policy to bear the full burden of taming persistent inflation.
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Australian consumers face higher prices for spirits like vodka, gin, and whisky after a new alcohol excise duty increase aligned with inflation came into force this Monday.
Sunrise hosts Nat Barr and Matt Shirvington challenge Treasurer Jim Chalmers on his past inflation remarks as economists warn of government spending's role in rising prices ahead of an expected RBA rate hike.
The EY Item Club forecasts UK GDP growth will decelerate to 0.9% in 2026, with business investment contracting by 0.2% as tax hikes and global uncertainty weigh on the economy.
A Surrey pilot has deliberately reduced his working hours by a quarter after discovering that earning just over £100,000 would leave him worse off due to the personal allowance tax trap, choosing instead to focus on his London tour business.
India's government presents annual budget with income tax reductions for salaried workers, agriculture support, and clean energy investments amid economic challenges.
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Prime Minister Anthony Albanese attended the Australian Open semi-finals with his son as Australians brace for a potential interest rate increase, sparking political arguments over inflation causes.
The EY Item Club predicts subdued UK economic growth of just 0.9% in 2026, far below Treasury expectations, as global uncertainty and tax policies curb business investment.
The Reserve Bank of Australia has announced it will maintain the current interest rate, providing temporary relief for homeowners facing high mortgage repayments amid economic uncertainty.
Americans are poised to receive their largest tax refunds in years due to policy changes from the One Big Beautiful Bill Act, with an estimated $60 billion extra compared to last year.
A comprehensive guide to the major financial shifts and deadlines in February 2026, including alcohol duty increases, Nationwide savings cuts, and smart meter compensation schemes.
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India's government presents 2026-27 budget with major infrastructure spending and manufacturing focus while maintaining fiscal consolidation targets amid global economic volatility.
