HMRC £3,000 Gift Rule: UK Parents Warned on Inheritance Tax
Parents gifting deposits for children's homes risk inheritance tax bills. HMRC's £3,000 annual gifting allowance can help avoid 'hefty' charges, says Which?.
Category : Economy
Gen Z Rejects Devil Wears Prada Work Ethic In 2026
Gen Z rejects the toxic work ethic glorified in The Devil Wears Prada, prioritising work-life balance over relentless ambition in 2026.
Marcus Rashford told to be 'selfish' and stay at Barcelona amid Man United transfer uncertainty
Marcus Rashford urged to stay at Barcelona amid Man United transfer standoff; Evra says be 'selfish' and prioritise happiness.
Disabled Woman Slams Shell's £5.1bn Profit Amid Fuel Poverty
Disabled woman Holly Donovan slams Shell's £5.1bn profit amid fuel poverty, describing living in cold, mouldy home and calling for higher taxes on oil giants.
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Simple Hobbies May Lower Dementia Risk, Study Finds
Research finds hobbies like puzzles, walking, and social activities may lower dementia risk by boosting cognitive reserve.
UK CEO Pay Surges 15% as Worker Wages Stagnate
CEO pay rose 20 times faster than worker wages in 2025, with global real wages falling 12% since 2019, according to Oxfam and ITUC analysis.
FTSE 100 Rebounds After Starmer Resigns, Gilts Under Pressure
The FTSE 100 rebounded after Keir Starmer's resignation, but UK gilt yields face upward pressure at 4.81%, higher than US, France, and Germany, amid political uncertainty and inflation fears.
Bank of England Seeks Public Input on Animal Designs for New Banknotes
Bank of England seeks public input on new banknote designs featuring UK wildlife, replacing historical figures. Consultation open until July 3.
Lufthansa cancels flight and refuses alternative, breaking passenger rights
Lufthansa cancels flight and refuses alternative, breaking EU passenger rights. Scottish passenger offered only refund or postponement.
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Gloucester Services Tops Which? Motorway Service Station Rankings, Bridgwater Bottom
Gloucester services tops Which? survey of UK motorway service stations; Bridgwater ranks worst with one-star ratings across all categories.
Grandparents Childcare Credits Could Boost State Pension
Grandparents caring for children under 12 may claim NI credits to boost state pension. 202,037 applications made since 2016-17, with 79% approved.
Andy Burnham PM: Economic Impact on UK
With Sir Keir Starmer's resignation, Andy Burnham is frontrunner to become PM. His economic agenda, including fiscal rule adherence and potential chancellor choice, could impact UK markets and spending.
Andy Burnham Dooms Britain: We'll Soon Miss Starmer
Andy Burnham's likely coronation as Labour leader without a mandate will worsen the UK economy, already burdened by record debt and borrowing, leading to inevitable decline.
Most of UK's Top Earners Don't Consider Themselves Wealthy, Poll Finds
Poll reveals 60% of UK earners on £80k-£100k think they're average, complicating wealth tax debates amid rising inequality.
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Supermarket Champagne Taste Test Crowns £35 Co-op Winner
Blind taste test of supermarket champagnes crowns Co-op's £35 bottle as winner, outperforming pricier rivals.
Gustavo Petro: First Leftist President Faces Tough Challenge in Colombia
Gustavo Petro elected Colombia's first leftist president, faces challenges with thin mandate and economic reform plans.
Budget 2025: Rachel Reeves Unveils Tax Rises Amid OBR Gaffe
Rachel Reeves' Budget 2025 includes tax rises, stealth taxes, and a mansion tax, amid an OBR leak gaffe.
1p ISA Loophole Could Help Savers Avoid 22% Charge Before 2027 Crackdown
Savers may use a 1p loophole to avoid a 22% charge on cash in stocks and shares ISAs from April 2027, as cash ISA limit is cut to £12,000.
OBR to Downgrade UK Growth Forecasts in Budget Blow
OBR downgrades UK growth forecasts for next five years ahead of budget, citing lack of investment under Tories.
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City Traders React to Reeves's Budget: 'A Bit of a Relief'
City traders react to Rachel Reeves's first budget as 'a bit of a relief' after OBR leak causes initial chaos but markets remain stable.
94% of UK Businesses Unprepared for HMRC's Digital Tax Overhaul
94% of UK businesses unprepared for HMRC's Making Tax Digital overhaul starting April 2026, warns Azets poll.
Calls for Change After Non-Resident Dies Homeless in Hyde Park
An alliance of 48 councils calls for support for non-residents after Bikram Lama died homeless in Hyde Park, sparking widespread demands for policy change.
OBR Chair Quits Over Budget Leak, Adding Pressure on Reeves
OBR chair Richard Hughes resigns after budget document leak inquiry; PM defends Chancellor Rachel Reeves amid opposition calls for her resignation.
Nearly 400 Millionaires Urge Higher Taxes on Super-Rich at Davos
Nearly 400 millionaires and billionaires call for higher taxes on the super-rich in an open letter timed for the World Economic Forum in Davos.
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Reeves Seeks to Loosen OBR's Grip as Budget Pressure Mounts
Chancellor Rachel Reeves aims to reduce the OBR's influence as its gloomy projections force tax hikes and welfare cuts ahead of her second budget.
UK farmers plan fuel protests as diesel nears £2 per litre amid Iran war
UK farmers plan fuel protests as diesel nears £2/litre amid Iran war, mirroring Irish demonstrations over soaring prices.
Pension Fee Ignorance Could Cost Brits Over £40,000 in Retirement
83% of UK pension savers unaware of fees, potentially losing over £40,000 in retirement income, experts warn.
Ross Kemp 'Always Worried About Money' Despite TV Success
Ross Kemp admits he's always worried about money despite TV success, reveals worst investments and property strategy.
The Big Picture: Brimming with Attitude in 1950s Paris
Regina Relang's 1950s Paris photo captures haute couture with playful attitude, featured in new book 'Female View'.
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Rachel Reeves Faces Budget Risk as ONS Data Reliability Concerns Grow
Concerns over ONS data reliability could affect Rachel Reeves's autumn budget, with OBR facing uncertainty in forecasts.
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