Category : Regulations


HMRC Apologises: 1.4M Pensioners Overtaxed for 16 Years

HMRC admits 1.4 million pensioners were overtaxed due to a 2010 system error. CEO John-Paul Marks apologises, promising a solution. The error affected state pension income calculations, leaving many retirees confused and overcharged.

Aldi Trials Earlier 9pm Closing Times at Selected UK Stores

Aldi is trialling earlier closing times at selected UK stores, with some shutting at 9pm instead of 10pm. Customer feedback will be reviewed before a broader rollout. The move aims to cut costs as operating profits fell to £435.5m.

DWP Launches Major Carer's Allowance Review

The DWP has initiated a six-week review of Carer's Allowance, exploring replacing the earnings cliff edge with a taper to better support unpaid carers with fluctuating incomes.

OBR Warns UK Debt Unsustainable, Urges Spending Action

The OBR warns UK public debt could become unsustainable from the 2040s without action, citing aging population and defence spending. Thames Water creditors pursue £10bn rescue despite nationalisation fears. Bank of England plans to ease capital rules.

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