Category : Economy


UK faces £71bn fiscal black hole as policies fail, NIESR warns

The National Institute of Economic and Social Research issues a stark warning that UK government policies are failing, creating a £71bn fiscal black hole and risking a 'vicious cycle' of stagnation. Expert analysis reveals the critical challenges facing t

Reeves scraps non-dom status and cuts landlord tax

In a dramatic first move, Chancellor Rachel Reeves uses her inaugural major speech to scrap the non-dom tax regime and abolish Stamp Duty for first-time buyers on properties up to £425,000, signalling a new economic direction for Britain.

UK Inflation Soars, Energy Price Cap Rocketing

Exclusive: New economic forecasts predict a severe cost-of-living squeeze for UK households, with inflation surging and energy prices set to skyrocket. The government faces mounting pressure to act as a winter crisis looms.

UK Economy Stalls as GDP Flatlines in April

The UK's economic growth ground to a halt in April with 0.0% GDP growth, dashing hopes for a swift recovery. Key figures like Sir Richard Branson and Jo Malone voice concerns over political instability hindering business momentum.

UK Government Borrowing Hits 26-Year High

Chancellor Rachel Reeves faces a stern economic test as public sector net borrowing hits £27.6bn, the highest since 1999. Rising debt interest payments and welfare costs drive the surge, complicating Labour's fiscal plans.

2008 Recession-Era Restaurant Deals Make Worrying Comeback

Iconic money-saving deals from the 2008 financial crash, like 'Gourmet Burger Kitchen's' 'Two for Ten' and 'Strada's' £5 pizza, are reappearing on high streets. Economists warn this trend is a classic harbinger of an economic downturn as consumers tighten

Stealth Tax To Cost Workers £1,200 as Thresholds Frozen

A brutal 'stealth tax' is silently crippling British workers' finances. With income tax thresholds frozen until 2028, millions are being pulled into higher tax brackets despite no real-terms pay rise. Discover how fiscal drag could cost you over £1,200 an

Woman blows £430k inheritance on spiritual gurus

A woman who inherited a £430,000 fortune from her late father squandered the entire sum within a year on dubious spiritual gurus, luxury retreats, and alternative healers, leaving her with nothing.

UK Bank Holidays 2025: Your Complete Guide

Plan your year ahead! Here is the full, confirmed list of 2025 bank holidays for England, Wales, Scotland, and Northern Ireland, including key dates for your diary.

Pensioner wins £10k tax victory against HMRC

A retired British pensioner has successfully reclaimed nearly £10,000 after a landmark tribunal ruled HMRC unfairly taxed his pension. This case sets a crucial precedent for thousands of retirees facing similar tax demands.

Treasurer defends retiree tax breaks amid fairness push

Australian Treasurer Jim Chalmers defends generous superannuation tax concessions for retirees while promising intergenerational fairness reforms. Exclusive analysis reveals stark disparities in retirement benefits across age groups.

Griff Rhys Jones: Young People's Futures Stifled

Comedian and writer Griff Rhys Jones delivers a powerful polemic on the generational injustice facing young Britons, from the housing crisis and student debt to a stifled creative economy.

Why Baby Boomers Aren't To Blame For Everything

A new analysis dismantles the pervasive narrative that the Baby Boomer generation is solely responsible for today's housing and economic crises, calling for a more nuanced and fact-based public debate.

Spender: Tax Reform Key to Young Australians' Future

Independent MP Allegra Spender makes a powerful case for overhauling Australia's tax system, arguing it's essential for improving housing affordability, wage growth, and intergenerational fairness for young Australians.

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