Chancellor Rachel Reeves will outline plans to protect the public from unfair price hikes, including an anti-profiteering framework and energy security measures, as oil prices surge due to the Iran conflict.
Chancellor Rachel Reeves will announce measures to protect the public from unfair price rises, including an anti-profiteering framework and enhanced CMA powers, as fuel costs surge.
As the Iran conflict drives up energy costs, experts warn Britain's poorest households face severe hardship. Government must prioritize targeted support despite strained public finances.
Chancellor Rachel Reeves will outline new powers for regulators to tackle price gouging as petrol and diesel costs hit multi-year highs, following an emergency Cobra meeting.
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A new survey reveals 72% of Scottish company directors believe income tax rates are too high, with 75% concerned about divergence from the rest of the UK, threatening investment and competitiveness.
As global fuel prices remain elevated due to geopolitical tensions, households worldwide are sacrificing small comforts to cope with rising costs and stagnant wages.
East Kilbride-based Enterprise Foods Limited, trading as Localist, has entered liquidation after 35 years in business. The collapse resulted in 71 redundancies and followed failed attempts to refinance over £5 million in debt.
The prolonged closure of the Strait of Hormuz is set to impact UK households through rising fuel prices, higher energy bills, and increased inflation, with Prime Minister Starmer urging its reopening.
Over a million UK workers could claim an average £473 tax refund, but face a strict April 2026 deadline. HMRC urges checking via its official app to avoid losing the cash.
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The closure of the Strait of Hormuz shipping route threatens oil supplies, raising fuel costs, energy bills, and inflation, with ripple effects on mortgages and investments.
Parents could receive over £100 monthly until their child turns 20 if they stay in full-time education or approved training, but must inform HMRC to avoid automatic stoppage.
A Deloitte report reveals that without urgent climate action, Generation Alpha in Australia faces a $185,000 lifetime cost, nearly 10 times the impact on boomers, highlighting severe intergenerational inequity.
The UK's 2026 bank holiday schedule includes shared dates and regional variations, with Scotland gaining a special World Cup holiday on June 15 for the men's football team's first appearance in 28 years.
Global stock markets plunge as Trump's deadline to 'obliterate' Iran's power plants fuels Middle East tensions, wiping billions and hitting pension pots.
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Sheffield and South Yorkshire are experiencing a transformative economic revival, driven by Netflix hits, podcast production, and new defence industries, fostering optimism after decades of industrial decline.
Oil prices climbed sharply as Iran dismissed Donald Trump's 48-hour ultimatum to reopen the Strait of Hormuz, with WTI and Brent crude seeing initial spikes before moderating slightly in early trading.
Iran's potential closure of the Strait of Hormuz could trigger a domino effect on Australia's economy, driving up inflation, interest rates, and consumer costs across multiple sectors.
As petrol prices surge globally, financial experts reveal simple fuel-saving strategies. From timing fill-ups to using apps, these tips could cut costs significantly.
A new survey shows many households will only clear their Christmas debt in April, with overspending averaging £228.68 and taking four months to repay, highlighting a prolonged financial burden.
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Government modelling reveals around £1.8 billion in business rates payments are expected to be returned to companies following valuation changes and appeals processes.
TUC General Secretary Paul Nowak warns Britain is facing an economic crisis triggered by Trump's Iran conflict, urging immediate action to protect jobs and living standards.
Martin Lewis advises state pensioners to carefully calculate if voluntary National Insurance contributions are worthwhile, as a key deadline has passed, limiting backdating to six years.
The Reserve Bank of Australia has decided to maintain current interest rates, citing ongoing economic challenges and inflationary pressures. This move reflects a cautious approach to monetary policy as the nation navigates global financial headwinds.
As Australia faces a severe fuel shortage exacerbated by the Iran conflict, pressure mounts on the government to implement a windfall tax on fossil fuel companies to address inflation and fund renewable energy initiatives.
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Economists warn Donald Trump's comments about the Iran conflict have created a 'fog of war' that could trigger global stagflation, with oil prices soaring above $100 and supply chain disruptions mounting.
The escalating conflict in Iran, dubbed 'Trumpflation,' threatens to disrupt global markets, driving up inflation and energy costs for UK households and businesses.
As Australia's Labor government confronts an escalating oil shock, it is under mounting pressure to adopt bold and unconventional policy measures to stabilise the economy and protect consumers.
Rising gas prices in America are poised to erase gains from Trump's tax refunds, hitting lower-income households hardest and slowing economic growth forecasts for 2026.
HM Revenue and Customs reminds employees who travel for work to check eligibility for tax relief on expenses like travel, uniforms, and tools, advising direct claims to avoid fees.
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Housing Secretary Steve Reed warns of potential shortages due to Middle East conflict but rules out rationing for now. Energy prices may surge as ministers plan emergency meeting.
