Britain's hospitality sector contracted by 0.4% in late 2025 as 382 food and drink venues closed. Chancellor Rachel Reeves faces criticism for offering pubs relief while other businesses struggle with soaring costs.
A financial analyst outlines the precise net worth figures that categorise Americans as poor, middle-class or wealthy, based on Federal Reserve data, amid ongoing economic concerns.
A new poll reveals that a majority of American voters believe achieving a middle-class lifestyle is increasingly difficult, with housing and education seen as particularly unaffordable.
Major tax reforms under the Big Beautiful Bill Act are set to increase refunds for many Americans, with new deductions for seniors, overtime pay, and higher SALT limits.
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A new poll reveals most American voters believe achieving a middle-class lifestyle is increasingly difficult, with housing and education seen as unaffordable by majorities.
New research from Morgan Stanley shows the UK is experiencing net job losses due to AI adoption, with British companies reporting an 8% reduction in roles. Over a quarter of workers fear redundancy within five years.
A new study reveals 11 UK towns and cities, including Warrington and Barnsley, have seen disposable incomes rise twice as fast as the national average over the past decade.
Australian households are warned to prepare for continued financial pressure in 2026, with inflation cooling slowly and essential costs for housing, energy, and groceries set to surge further.
The Confederation of British Industry warns of a broad-based downturn in private sector activity for early 2026, with services, retail, and manufacturing all expecting declines.
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Over 60 Minnesota CEOs including Target and Best Buy leaders sign open letter urging officials to reduce tensions following fatal immigration enforcement shootings.
Over 60 Minnesota CEOs including Target and Best Buy leaders sign open letter calling for cooperation between officials following fatal shootings during immigration enforcement.
Leading German economists call for repatriating billions in gold from US vaults, citing Trump's unpredictability and shifting transatlantic relations as key risks to strategic independence.
Taxpayers across the UK are being warned to verify their details with HMRC as messages about owed amounts circulate. Experts advise regular checks to prevent incorrect tax payments and potential fines.
Money expert Martin Lewis has highlighted a widespread misunderstanding about marginal tax rates that affects people of all ages, including those approaching state pension age.
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HM Revenue and Customs urges millions to file self-assessment tax returns before 31 January to avoid automatic £100 penalties, with support available online.
A new vision for economic forums that prioritises public engagement and transparency, moving beyond exclusive gatherings to foster broader societal participation.
New ONS data reveals the escalating cost of living crisis, with soaring food prices forcing one in thirty UK adults to run out of food in the past fortnight.
Drinks giant C&C Group, owner of Magners cider and Tennent's lager, has issued a profit warning following weaker-than-expected consumer demand after the autumn budget. Shares fell sharply as the company revealed disappointing trading.
New ONS data reveals the severe impact of the cost of living crisis, with food and energy costs hitting budgets hardest and affecting vulnerable groups disproportionately.
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HM Revenue and Customs urges millions to file Self Assessment tax returns before January 31 deadline or face automatic £100 penalty, with payment plan options available.
HM Revenue and Customs warns over three million people have just a week left to file their self-assessment tax returns or face automatic penalties. The deadline is January 31.
The UK's private sector expanded at its fastest rate since April 2024, with the S&P Global PMI rising to 53.9 in January, significantly exceeding economists' forecasts.
The World Economic Forum concludes in Davos with global economy discussions. ECB's Lagarde warns of trust erosion from Trump's threats, while IMF and WTO leaders assess outlook.
UK Business Secretary Peter Kyle outlines an activist industrial policy at Davos, focusing on scaling businesses and attracting global talent to boost growth.
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HMRC confirms Child Benefit payments will increase by 3.8% from April 2026, with new weekly rates for first and additional children. Details on eligibility and the High Income Child Benefit Charge.
Over 3,000 millionaires and billionaires sign open letter calling for wealth taxes, arguing extreme inequality threatens democracy and planetary stability.
Official figures reveal UK government borrowing dropped to £11.6 billion in December, a 38% decrease from 2024, driven by increased tax receipts including national insurance contributions.
Donald Trump's first year back in office sees food and energy prices rising faster than under Biden, with voters expressing strong disapproval of his economic management despite a flurry of new policy proposals.
Chancellor Rachel Reeves refuses to extend business rate relief beyond pubs, despite evidence of massive job losses and calls from hotels, restaurants, and cafes for support.
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Official figures reveal UK government borrowing dropped sharply to £11.6 billion in December, with tax receipts boosted by national insurance increases outweighing spending rises.
