HMRC's Making Tax Digital for Income Tax programme will mandate quarterly digital reporting for millions of self-employed individuals and landlords, starting April 2026, with accountants warning of increased costs and administrative burdens.
New analysis reveals the Social Security trust fund may deplete in six years, potentially forcing benefit cuts of 20-25% for retirees as demographic shifts strain the system.
Chancellor Rachel Reeves delivers a low-key spring statement amid political pressures, focusing on economic stability, inflation forecasts, and potential impacts on borrowers and savers.
A Reuters/Ipsos poll reveals that 68% of Americans disagree with President Trump's assertion of a booming economy, with Republicans sharply divided ahead of midterm elections.
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In his recent State of the Union address, former President Donald Trump addressed pressing economic issues, highlighting inflation and affordability as key challenges facing Americans today.
International Airlines Group, parent of British Airways, announces a 17.3% surge in operating profit to €5.0 billion (£4.4bn) for 2025, citing robust demand and constrained industry supply.
International Airlines Group, parent of British Airways, announces a 17.3% surge in operating profit to €5.0 billion (£4.4bn) for 2025, driven by strong demand and industry consolidation.
Australian Treasurer Jim Chalmers has confirmed that reforms to negative gearing are under consideration for the upcoming May budget, sparking debate over housing affordability and tax policy.
A pub owner expressed despair on BBC Question Time, questioning if he's handing his son a 'poisoned chalice' due to soaring business rates. Chef Tom Kerridge warned hospitality is being 'squeezed out of existence'.
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Nottinghamshire skip hire firm Midland Skip Hire Limited has been forced into liquidation following a winding-up order from HMRC, resulting in job losses for its employees.
Millions of pensioners will receive a state pension increase from April 2026, with monthly payments rising by up to £44. The triple lock mechanism ensures this cost of living boost.
CNBC anchor Sara Eisen refuted claims on The View that the economy is struggling under Trump, citing corporate profits and investor sentiment, sparking a heated exchange.
Government subsidies for Rolls-Royce spark debate over fairness, but experts argue they are essential to safeguard jobs and maintain UK's industrial competitiveness.
Wealth manager Evelyn Partners warns households to review pensions, savings, and investments before the tax year ends to avoid losing allowances and facing higher bills.
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Former presidential candidate Andrew Yang predicts millions of white-collar jobs could vanish due to AI within 12-18 months, sparking warnings of economic collapse and calls for universal basic income.
As the Spring Forecast approaches, we invite readers to share their personal financial situations to gauge public sentiment on inflation, employment, and economic stability.
The International Monetary Fund has approved a $2.3 billion disbursement to Egypt, citing progress in economic stabilization and inflation reduction through reform measures.
New research reveals over 55s are missing out on thousands in unclaimed benefits, with 43% never checking eligibility. Experts urge immediate action to claim support.
Henan Kuangshan Crane Co. Ltd. piled $26 million in cash on banquet tables for its annual party, letting 7,000 employees take home as much as they could carry, with one securing $13,000.
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State pensioners are urged to check for potential tax bills as triple lock increases push payments above personal allowance thresholds, with experts warning of fiscal drag.
A new report reveals Massachusetts lost 182,000 residents to other states from 2020-2025, driven by rising taxes, soaring housing costs, and a cooling job market, threatening economic growth.
Australian Bureau of Statistics data reveals wages grew 3.4% but inflation hit 3.8%, eroding purchasing power. Research shows six-figure salaries no longer guarantee comfort amid shifting economic benchmarks.
Iranians face skyrocketing costs for basic staples as inflation exceeds 46%, compounded by fears of potential US military strikes and ongoing economic sanctions.
Heston Blumenthal's restaurant empire, including The Fat Duck, faces uncertainty after HMRC filed a winding-up petition against parent company SL6 Ltd, putting 130 jobs at risk.
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Entrepreneurship adviser Alexandra Depledge has ignited outrage by stating the UK 'doesn't need any more restaurants,' arguing for focus on tech startups instead, as hospitality sector faces closures.
A government-backed review shows UK firms hit board gender targets but women CEOs face more scrutiny and unconscious bias, with slow progress in top roles.
Iconic jelly bean brand Jelly Belly is cutting 69 jobs, about 18% of its workforce, at its Fairfield headquarters. The layoffs, planned after its 2023 acquisition, reflect broader pressures in the candy sector.
Liberal MP Tim Wilson retains an investment that profits when Australia's ASX 200 falls, raising ethical questions after his appointment as shadow treasurer.
As Australia debates capital gains tax reform, Shadow Treasurer Tim Wilson argues high-income earners need tax cuts, sparking controversy over fairness and economic incentives.
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The Institute for Fiscal Studies warns Chancellor Rachel Reeves that subdued tax receipts and falling net migration could create significant fiscal challenges later this year, potentially forcing tough decisions.
