Expert: Illegal immigration costs taxpayers billions yearly
YouTube financial analyst Caleb Hammer reveals staggering economic impact of illegal immigration on American taxpayers in viral video analysis that's sparking nationwide debate.
Category : Economy
IFS: Child Poverty to Reach Record High in UK
New analysis reveals child poverty in Britain is projected to reach its highest level since records began, with nearly one in three children affected by 2028-29.
UK Faces Worst Living Standards Squeeze in 18 Months
UK families brace for biggest living standards crunch since 2022 amid fears of tax hikes and soaring energy bills in upcoming Budget announcement.
Lotto jackpot hits £4m after another rollover
The National Lottery's Lotto jackpot surges to an estimated £4 million as no players matched all six numbers in Wednesday's draw. Discover the winning numbers and see if you're sitting on a fortune.
Trump demands lower beef prices in attack on ranchers
Former President Donald Trump launches blistering attack on US cattle industry, demanding immediate price reductions for British consumers facing soaring food costs.
Car repossessions hit highest rate since 2008 crisis
New data reveals alarming surge in car repossessions across Britain as cost-of-living pressures mount and household budgets crack under economic strain.
Reeves slams 'unfair' tax loophole for LLP partners
Shadow Chancellor targets controversial tax arrangement allowing limited liability partners to claim generous reliefs while ordinary taxpayers foot the bill.
Marx exaggerated Victorian class divides, study finds
Groundbreaking research exposes how Karl Marx exaggerated class divides in Victorian Britain while condemning capitalism's 'cruelty' - a revelation that challenges foundational communist theory.
Brexit deal 'drag anchor' on economy, Reeves warns
Exclusive polling reveals overwhelming public belief that Brexit has damaged Britain's economic prospects, as Shadow Chancellor Rachel Reeves warns the deal is holding the nation back from growth.
British businessman dies mysteriously aboard superyacht in France
A prominent UK businessman has died unexpectedly while aboard a €15 million superyacht off the French coast, with authorities launching an investigation into the mysterious circumstances surrounding his death during a Mediterranean voyage.
Benefits surge 3.8%, pensions jump 4.8% in April
Chancellor Rachel Reeves faces mounting pressure as welfare payments are poised for significant increases next April, while desperately seeking ways to curb government expenditure amidst economic challenges.
Japan's drummer politician Takaichi eyes PM role
Conservative heavyweight Sanae Takaichi, known for her drumming skills and hawkish policies, emerges as frontrunner in Japan's leadership race with radical economic proposals.
Labour's £10bn Middle-Class Tax Raid Revealed
Exclusive analysis reveals Labour's shadow chancellor Rachel Reeves is planning a massive middle-class tax raid targeting pensions, investments, and property wealth to fund government spending.
Reeves declares war on wealthy tax dodgers
Shadow Chancellor unveils radical tax crackdown targeting non-doms and private equity loopholes, promising billions for public services while ruling out mansion tax.
Reeves demands economic growth plan in first day as Chancellor
New Chancellor Rachel Reeves launches economic fightback with urgent growth directive to ministers, warning Britain faces 'most challenging inheritance since WWII' with public finances in worst state ever recorded.
Reeves's economic tightrope: balance books, fight inequality
Chancellor Rachel Reeves unveils ambitious economic strategy targeting both fiscal responsibility and reduced inequality through tax reforms and strategic investments.
No Brexit assessment in Reeves' budget
Chancellor Rachel Reeves reveals the Autumn Budget won't include formal Brexit economic analysis, citing OBR forecasting constraints and prioritising immediate economic challenges.
Reeves Under Fire Over £25bn Interest Bill Crisis
Chancellor Rachel Reeves faces mounting pressure as economists question her fiscal rules amid soaring government borrowing costs and a £25 billion interest payment bill that threatens Labour's investment plans.
Remote Work Drives Major City Population Decline
New research reveals major global cities including New York and London are experiencing significant population declines as remote work revolutionises where people choose to live and work.
State Pension Shock: Triple Lock Under Threat
Millions of UK pensioners face financial uncertainty as political parties consider dismantling the state pension triple lock. Exclusive analysis reveals potential income cuts and retirement planning impacts.
UK Economy Stagnates with Zero Growth in April
Shock Office for National Statistics data reveals zero growth in April 2024, handing incoming Chancellor Rachel Reeves immediate economic challenge days before taking office.
Reeves forced into borrowing spree as fiscal plans unravel
Chancellor Rachel Reeves confronts harsh economic reality as soaring debt costs and weak growth force major borrowing increases, putting Labour's fiscal rules under severe pressure.
UK economy grows 0.6% in Q1 2024, beating forecasts
Britain's economy grows at fastest pace in over two years with 0.6% expansion, beating expectations and marking strong recovery from recession. Services sector leads growth while Chancellor celebrates 'brighter economic outlook'.
UK government borrowing hits record September high
Chancellor Rachel Reeves confronts unprecedented September borrowing figures while MPs push for wealth taxes in upcoming budget decisions.
UK borrowing outstrips forecasts as Amazon outage hits
UK government borrowing surged past official predictions in September, creating an early challenge for Chancellor Rachel Reeves. The financial uncertainty coincides with a major Amazon Web Services outage that disrupted global businesses before being reso
UK borrowing hits record September high of £15.9bn
New figures reveal UK government borrowing hit £15.9 billion in September 2025 - the highest for that month since records began. Chancellor Rachel Reeves faces mounting pressure as debt costs spiral and economic challenges deepen.
Reeves: UK economy in worse state than thought
Chancellor Rachel Reeves delivers sobering assessment of Britain's economic inheritance, revealing deeper problems than anticipated with Resolution Foundation analysis showing significant fiscal challenges ahead.
Australian 'Death Tax' Proposal Sparks Boomer Backlash
A controversial new inheritance tax proposal in Australia has ignited fierce debate, with older generations pushing back against what they're calling a 'death tax' that would redistribute wealth from estates to younger Australians.
Reeves: No quick fix for UK economic crisis
Chancellor Rachel Reeves delivers stark assessment of UK finances, confirming previous government left economy in worst state since WWII with 'no magic wand' for immediate solutions.
Reeves Confirms Major Tax Rises in Autumn Statement
Labour Chancellor Rachel Reeves announces significant tax increases coming this autumn in her first major fiscal statement, marking the most substantial tax rises since Gordon Brown's government. The measures aim to address economic challenges post-Brexit
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