Chancellor Rachel Reeves unveils budget tackling cost of living crisis with minimum wage rises and tax increases, while battling to keep Labour MPs supportive amid £20bn spending gap.
Over 1.4 million parents and carers claim Child Benefit, offering weekly payments, state pension credits, and National Insurance numbers for children under 16 or 20 in education.
A think-tank reveals that only low-income households on benefits will see living standards rise under Labour, while middle and higher earners face years of decline, with child poverty set to increase.
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The Office for Budget Responsibility warns the UK
Chancellor Rachel Reeves faces mounting pressure after the OBR revealed damaging Treasury leaks misrepresented its forecasts. Calls grow for her resignation as the watchdog sets the record straight. Read the full story.
The Resolution Foundation warns that a fresh energy price shock from the Middle East crisis could wipe out projected living standards gains for UK families, despite a forecasted one-off increase this year.
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The Resolution Foundation warns that while UK living standards are set to rise this year, Middle East conflict could spike energy prices, threatening gains for low-income households.
Escalating tensions in the Middle East risk destabilising global markets, with potential impacts on oil prices, inflation, and trade routes, according to economic analysts.
A new podcast analysis explores how escalating tensions in the Middle East could trigger a worldwide economic downturn, with experts warning of severe impacts on markets and trade.
Liverpool and Aston Villa clash in a pivotal Premier League match that could decide Champions League qualification, with both teams tied on 59 points.
Stoke-on-Trent billionaire John Caudwell shares his journey from car dealership to selling Phones 4U for £1.5bn, revealing his work ethic, sales tactics, and philanthropic vision.
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Early data from the 2026 tax filing season shows average refunds at $3,804, a significant increase from last year, driven by recent tax law changes and electronic payment shifts.
Following the June war with Israel, Iranians are converting savings into gold, silver, and gems as a hedge against a collapsing currency and fear of renewed conflict. Discover the surge in demand.
HMRC has clarified that tax repayments can take up to 10 working days via BACS, with extra security checks potentially extending this to 12 weeks, following taxpayer queries on social media.
Oil prices surge for a third consecutive day amid Iran conflict, triggering panic buying across Europe. Spain, Germany, and the UK report fuel shortages and long queues as traders brace for prolonged energy price elevation.
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Treasurer Jim Chalmers dismisses calls to reduce fuel excise as Westpac modelling warns petrol could hit $3 per litre due to Middle East tensions disrupting oil supplies.
New data shows a 40% surge in UK food bank use, with parcels set to be given every ten seconds this winter. Celebrities urge public support to help families in need.
Major UK firms including Currys, JD Wetherspoon and Morrisons warn that government policies are driving up business costs, impacting profits and threatening jobs across retail and hospitality sectors.
Federal Reserve minutes from March indicate more policymakers are considering interest rate increases due to inflation risks from higher gas prices linked to the Iran conflict.
Political cartoonist Ella Baron delivers a sharp visual critique of Rachel Reeves
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Sir Tom Hunter and over 200 entrepreneurs call for aligning Scottish income tax with UK rates, slashing red tape, and cutting public sector costs to unlock £20bn growth.
Key surveys reveal UK business confidence fell sharply at the end of 2025, with hiring declining amid rising costs. Discover the mixed outlook for 2026.
The Australian Tax Office is chasing $5.3bn in old debts from 325,000 taxpayers, some dating back to 2017. The revamped
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