Jaywick celebrates benefits boost as Reeves axes child cap
Residents in one of Britain's most deprived seaside towns react to Rachel Reeves' Budget that increases welfare spending by £16bn annually and scraps the two-child benefit cap.
Category : Economy
Starmer defends Budget after Reeves denies lying
PM Keir Starmer defends embattled chancellor Rachel Reeves amid accusations she misled public about £20bn deficit to justify tax rises. Calls for investigations grow.
Greens Propose Gas Tax to Tackle Living Costs
Australian Greens propose gas export tax to address cost of living pressures. New policy could reshape energy market and provide household relief. Read the latest developments.
Nobel Winner's Stark Warning on UK Inequality
Nobel Prize-winning economist's urgent warning about Britain's deepening inequality crisis demands immediate government action. Read why we cannot afford to ignore this emergency.
Labour's Squeezed Middle Crisis Deepens
Middle-income families face mounting financial pressure as Labour's budget decisions trigger widespread anxiety. Discover why nurses, teachers and police officers feel betrayed.
Starmer backs Reeves amid Budget deficit controversy
Keir Starmer supports Rachel Reeves' Budget decisions despite OBR scrutiny over deficit claims. Chancellor faces allegations of misleading voters about fiscal black hole.
Reeves faces budget row over OBR deficit claims
Chancellor Rachel Reeves defends budget amid controversy over deficit statements. OBR revelations spark opposition calls for investigation. Follow latest developments.
Two-Child Benefit Cap Scrapped in April 2026
Chancellor Rachel Reeves confirms the two-child benefit cap will be abolished in April 2026, lifting 450,000 children from poverty. Discover the full impact.
Cook County Approves Permanent Basic Income Scheme
Cook County in Illinois has unanimously approved a permanent guaranteed basic income programme, providing $500 monthly payments to thousands of low-income residents following a successful pilot scheme.
Reeves defends £26bn Budget tax increases
Chancellor Rachel Reeves defends her £26bn Budget, calling tax rises 'fair and necessary' to protect services and boost the economy. Get the full story.
Winter Fuel Payment: 4 Reasons for Repayment
Millions of UK pensioners are receiving Winter Fuel Payments, but some must repay. Learn the 4 key reasons, including the £35,000 income rule. Check your eligibility now!
Botswana's diamond-driven economy faces collapse
Botswana's economy, built on diamonds, is crashing due to lab-grown competition. Discover how this impacts jobs, exports, and the nation's future.
Reeves defends 'fair and necessary' Budget choices
Chancellor Rachel Reeves defends her Budget tax and spending plans as 'fair and necessary', insisting the wealthy shoulder more burden. Read the full details of the OBR forecast controversy.
Venezuelans shun Black Friday amid economic turmoil
As Venezuela's economy struggles with 270% inflation, shoppers bypass Black Friday deals, prioritising daily survival over discounts. Discover the human impact.
No10 defends Reeves over economy claims pre-Budget
Downing Street denies Chancellor Rachel Reeves misled public over £20bn economic black hole. OBR letter reveals surplus existed before tax hike warnings. Read the full story.
Family lost £500k lottery fortune after business failed
A woman reveals how her family's £525k Spanish lottery win turned to financial ruin after their bar business collapsed during economic downturn. Discover the cautionary tale.
OBR challenges Treasury's account of Reeves' tax U-turn
The UK's budget watchdog disputes claims that Rachel Reeves abandoned income tax rises due to improved forecasts, revealing she had the data weeks earlier. Explore the political fallout.
Steak price surge hits Toby Carvery owner with £30m bill
Mitchells & Butlers, owner of Toby Carvery, faces a £30m cost hit from soaring steak prices. CEO Phil Urban reveals menu price hikes and strategic changes. Discover the impact on your favourite pub.
December 2025 Money Changes: DWP Bonus & More
Your guide to December 2025's financial updates, including the DWP Christmas bonus, inflation data, and benefit payment dates. Plan your finances now.
Stealth Tax to Cost Britons £1,330 by 2029
Chancellor Rachel Reeves extends tax threshold freeze to 2031, costing average workers £1,330 annually through fiscal drag. Discover how this stealth tax impacts you.
Reeves: State pensioners won't pay tax this parliament
Chancellor Rachel Reeves guarantees state pensioners won't face income tax despite threshold freeze concerns. Read the full Budget analysis and what it means for you.
Airports Group Hits Out at Budget's Business Rate Rise
Manchester Airports Group criticises the Chancellor's business rate increase, warning of higher airfares and reviewed investment plans. Discover the impact on UK travel.
State pension rise confirmed, millions get tax clarity
Chancellor Rachel Reeves confirms a 4.8% state pension rise from April 2026 and assures pensioners with no other income will not pay tax this Parliament. Learn what this means for you.
Poll: Public Rejects Reeves' Budget as Unfair
A new YouGov poll reveals the British public's harsh verdict on Rachel Reeves' Budget, with most finding it unfair and unaffordable. Discover the key findings and political fallout.
Pub Giant Warns of £130m Cost Hit from Soaring Bills
Mitchells & Butlers, owner of All Bar One, reports rising profits but warns of a £130m cost surge from wage hikes and food inflation. Discover how the pub sector is navigating these headwinds.
Half million face 60% tax trap in pay rise penalty
Chancellor's extended tax threshold freeze will push workers into punitive marginal rates up to 380 million percent. Discover how to protect your income.
Labour's Tax Rises to Cost Households £1,000 a Year
Think tanks warn Labour's record-breaking tax increases will leave the richest half of UK households £1,000 worse off annually. Discover the full economic impact.
Benefits Street Reacts to 'Welfare Budget' Tax Rises
Residents of Birmingham's infamous James Turner Street give their verdict on the Chancellor's plan to raise taxes for increased welfare spending. Is it fair for workers?
State pension rise confirmed, tax return fears allayed
Martin Lewis grills Rachel Reeves on state pension increase. Get the key facts on the 4.8% rise and confirmation pensioners won't need to file tax returns.
Martin Lewis secures tax break for pensioners
Martin Lewis secures a major commitment from Chancellor Rachel Reeves, ensuring low-income pensioners won't pay income tax or face tax returns. Get the full Budget update.
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