Latest news • Economics
Tugendhat Urges Swift Tory Leadership Vote Before Crucial Budget

Tugendhat Urges Swift Tory Leadership Vote Before Crucial Budget

Tom Tugendhat calls for expedited Conservative leadership contest to conclude before October 30 Budget. He emphasizes the importance of new opposition leader responding to fiscal plans.

Economics, Politics •   •  220 views
China's Wealthy Flee as Economic Woes and Security Concerns Mount

China's Wealthy Flee as Economic Woes and Security Concerns Mount

China faces unprecedented capital flight as wealthy citizens seek refuge abroad. Economic stagnation and Xi's policies drive exodus, raising questions about China's stability and its impact on global relations.

Economics, Politics •   •  208 views
Next Warns of Store Closures Amid Equal Pay Battle and Strong Financial Performance

Next Warns of Store Closures Amid Equal Pay Battle and Strong Financial Performance

Next faces potential store closures after losing an equal pay case, despite reporting strong financial results. The retailer upgrades profit forecasts as overseas sales surge, highlighting its resilience in challenging times.

Business, Economics •   •  221 views
UK Banks Urge Labour to Exempt Downsizers from Stamp Duty

UK Banks Urge Labour to Exempt Downsizers from Stamp Duty

UK Finance proposes stamp duty exemption for homeowners over 55 to encourage downsizing, potentially easing housing shortage. The move could free up larger homes for families and address market challenges.

Society, Economics •   •  117 views
Gold Shines Bright: A Critical Look at the Precious Metal's Recent Rally

Gold Shines Bright: A Critical Look at the Precious Metal's Recent Rally

Gold outperforms major assets over two years, rising 54%. Factors include central bank purchases, industrial demand, and inflation hedging. However, experts caution about its long-term volatility.

Business, Economics •   •  87 views
Think Tank Challenges Labour's Rural Housing Focus, Urges Urban Development

Think Tank Challenges Labour's Rural Housing Focus, Urges Urban Development

Resolution Foundation criticizes Labour's plan to build 1. 5m homes in rural areas, suggesting focus on cities like Manchester and Birmingham for economic growth. Report analyzes growth targets and recommends policy changes.

Economics, Politics •   •  111 views
Think Tank Proposes NHS Abolition, Sparking Healthcare Debate

Think Tank Proposes NHS Abolition, Sparking Healthcare Debate

A report suggests replacing the NHS with social insurance to improve healthcare outcomes. The proposal comes amid growing public scrutiny of the health service's performance compared to European counterparts.

Society, Economics, Politics •   •  103 views
Labour's North Sea Tax Hike Could Cost UK Taxpayers Billions in Decommissioning

Labour's North Sea Tax Hike Could Cost UK Taxpayers Billions in Decommissioning

Labour's proposed 78% tax on North Sea oil and gas producers may lead to industry collapse and increased decommissioning costs for taxpayers. Analysts warn of reduced production and energy security risks.

Economics, Politics •   •  93 views
UK Faces Surge in Sickness Benefits Claims, Straining Public Finances

UK Faces Surge in Sickness Benefits Claims, Straining Public Finances

One in ten working-age adults now claim sickness benefits in the UK, with mental health conditions driving the increase. The rising costs and unique nature of this trend pose challenges for policymakers and the economy.

Society, Economics, Politics •   •  910 views
Michel Barnier Tops French Popularity Poll Amid Government Formation Struggles

Michel Barnier Tops French Popularity Poll Amid Government Formation Struggles

Former EU Brexit negotiator Michel Barnier leads French popularity rankings as he grapples with forming a new government. Tensions rise over potential tax increases and budget deficit concerns.

Economics, Politics •   •  248 views
Labour's Rental Reform Could Cost Students £600 More Annually

Labour's Rental Reform Could Cost Students £600 More Annually

Proposed changes to UK rental laws may lead to significant rent increases for students. Experts warn of potential £600 annual rise as landlords consider rental insurance to mitigate risks.

Economics, Politics •   •  1464 views
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Navigating Tax Implications for UK Remote Workers Abroad

Navigating Tax Implications for UK Remote Workers Abroad

As remote work surges, UK residents face complex tax scenarios when working overseas. Learn about double taxation agreements, employer considerations, and strategies for managing international tax obligations.

Business, Economics •   •  3007 views
Labour Mulls Easing Job Search Rules for UK Benefit Claimants

Labour Mulls Easing Job Search Rules for UK Benefit Claimants

Labour considers replacing 35-hour weekly job search requirement with three activities per week for benefit claimants. Proposal aims to overhaul welfare system and boost employment rates.

Economics, Politics •   •  92 views
UK Savings Rates Dip Below 5% as High-Interest Era Ends

UK Savings Rates Dip Below 5% as High-Interest Era Ends

Top Isa rates fall under 5%, signaling the end of high-interest savings. Experts advise quick action as further rate cuts loom, despite steady inflation at 2.2% in August 2024.

Business, Economics •   •  172 views
Legal & General Sells Cala Group in £1.35bn Deal Amid Housing Policy Shifts

Legal & General Sells Cala Group in £1.35bn Deal Amid Housing Policy Shifts

Legal & General has sold its housebuilding arm, Cala Group, to US private equity firms for £1. 35bn. The move comes as Labour's Angela Rayner pushes for increased housing development on green belt land.

Business, Economics, Politics •   •  75 views
Student Loan Calculator: Assess Your Repayment Prospects

Student Loan Calculator: Assess Your Repayment Prospects

Explore the financial implications of your student loan with our calculator. Input your details to estimate repayment costs and determine if early repayment is beneficial.

Society, Economics •   •  32 views
UK Inflation Holds Steady at 2.2%, Services Sector Sees Sharp Rise

UK Inflation Holds Steady at 2.2%, Services Sector Sees Sharp Rise

UK inflation remained at 2. 2% in August, with services inflation jumping to 5.6%. The Bank of England is expected to maintain interest rates at 5% despite cooling trends in some sectors.

Economics, Politics •   •  1053 views
Lord Rose Takes Helm at Asda as Mohsin Issa Steps Down

Lord Rose Takes Helm at Asda as Mohsin Issa Steps Down

Asda announces leadership change as Lord Rose assumes CEO role. Mohsin Issa departs but remains co-owner. Supermarket faces challenges with declining sales and market share.

Business, Economics • September 18 2024, 09:29 AM  •  96 views
UK Savers Face Double Tax Hit as Interest Rates Soar

UK Savers Face Double Tax Hit as Interest Rates Soar

HMRC data reveals the number of savers paying tax on interest will double in two years. Frozen tax thresholds and high rates push more into higher brackets, prompting a surge in ISA usage.

Economics, Politics • September 18 2024, 05:15 AM  •  169 views
UK's £16bn Worklessness Crisis: A Unique Challenge in the Developed World

UK's £16bn Worklessness Crisis: A Unique Challenge in the Developed World

The UK faces a severe worklessness crisis, costing £16bn annually in lost taxes and increased benefits. Unlike other developed nations, Britain's workforce is shrinking rapidly, with health issues playing a significant role.

Society, Economics • September 18 2024, 05:12 AM  •  155 views
UK Smart Meter Rollout Faces Challenges: Malfunctions and Slow Adoption

UK Smart Meter Rollout Faces Challenges: Malfunctions and Slow Adoption

Smart meters in the UK are experiencing widespread malfunctions, potentially undermining net zero goals. Consumer advocate Martin Lewis claims 19% of meters are faulty, contradicting official figures.

Society, Economics • September 18 2024, 05:09 AM  •  505 views
Labour's Water Bill Hike Plan to Fund Thames Water Bailout Sparks Controversy

Labour's Water Bill Hike Plan to Fund Thames Water Bailout Sparks Controversy

Labour proposes raising water bills nationwide to fund a potential Thames Water bailout. The plan, part of new legislation, could see consumers across England paying for the struggling company's £10 billion rescue.

Economics, Politics • September 17 2024, 08:51 PM  •  284 views
English Universities Seek Tuition Fee Hike Amid Financial Strain

English Universities Seek Tuition Fee Hike Amid Financial Strain

English universities are requesting permission to raise tuition fees, capped since 2017, as financial pressures mount. The sector faces challenges balancing quality, funding, and student satisfaction.

Economics, Politics • September 17 2024, 08:05 PM  •  154 views
UK Universities Demand Urgent Tuition Fee Hike Amid Financial Crisis

UK Universities Demand Urgent Tuition Fee Hike Amid Financial Crisis

Universities UK calls for inflation-linked fee increases and efficiency measures to address financial instability in higher education. Government faces pressure to act as institutions warn of impending deficits.

Economics, Politics • September 17 2024, 07:00 PM  •  221 views
UK's Mental Health Crisis: Overdiagnosis and Underemployment Concerns

UK's Mental Health Crisis: Overdiagnosis and Underemployment Concerns

UK ranks second-last in mental health among 71 countries. Experts worry about overdiagnosis and ineffective treatments, suggesting work incentives as a potential solution to the growing crisis.

Society, Economics, Politics • September 17 2024, 06:27 PM  •  203 views
Russia Expands Military Amid Western Tensions, Citing Security Concerns

Russia Expands Military Amid Western Tensions, Citing Security Concerns

Russia increases its army size to 1. 5 million active servicemen, citing Western threats. The move comes amid reports of significant losses in Ukraine and economic challenges due to sanctions.

Economics, Politics • September 17 2024, 05:01 PM  •  62 views
UK Junior Doctors Secure 22% Pay Rise After Prolonged Negotiations

UK Junior Doctors Secure 22% Pay Rise After Prolonged Negotiations

British junior doctors accept a 22% pay increase over two years, ending 18 months of industrial action. The deal outpaces other public sector agreements and private sector wage growth, addressing long-standing pay concerns.

Society, Economics, Politics • September 17 2024, 04:38 PM  •  92 views
UK Faces Health Crisis: 4.3M Could Be Jobless Due to Illness, IPPR Warns

UK Faces Health Crisis: 4.3M Could Be Jobless Due to Illness, IPPR Warns

IPPR report predicts millions out of work due to health issues by Parliament's end. Lib Dem leader Ed Davey critiques Tory rule at party conference, sparking debate on political strategies.

Society, Economics, Politics • September 17 2024, 04:35 PM  •  77 views
Gates Warns: Global Malnutrition Crisis Threatens Decades of Health Progress

Gates Warns: Global Malnutrition Crisis Threatens Decades of Health Progress

Bill Gates cautions that 20 years of global health advancements may be reversed by widespread malnutrition. His annual report highlights the urgent need for renewed focus on nutrition to sustain development gains.

Society, Economics, Science • September 17 2024, 03:28 PM  •  833 views
UK Faces Worklessness Crisis: IPPR Warns of Economic Challenges

UK Faces Worklessness Crisis: IPPR Warns of Economic Challenges

IPPR report highlights record 4. 3m worklessness due to ill health, threatening UK economy. Calls for benefits system reform and workplace adaptations to address crisis and boost productivity.

Society, Economics • September 17 2024, 05:49 AM  •  339 views