Category : Economy


Budget Pension Reforms Create New Tax Trap for Retirees

Chancellor Jeremy Hunt's stealth tax raid on pensions is causing panic among Britain's savers. This analysis reveals how the LTA abolition creates a new, complex trap that could devastate middle-class retirement plans.

Albo's Super Tax Bombshell Targets Young Aussies

Prime Minister Anthony Albanese is considering a major shift on superannuation tax concessions, a move that experts warn could disproportionately impact the financial futures of younger Australians and reshape retirement planning.

Liz Truss 'Master Investor' Claim Sparks Mockery and Fury

Former PM Liz Truss faces a firestorm of criticism after branding herself a 'master investor' in a since-deleted tweet, just days after a scathing report blamed her for billions in pension fund losses during her disastrous mini-budget.

Tory Minister: Labour Policies Risk Pound Collapse

Work and Pensions Secretary Mel Stride cautions that Labour's economic policies could trigger market instability and a run on the pound, escalating political tensions ahead of the general election.

Top economist warns Hunt's tax cuts could create £30bn hole

Exclusive: Leading economist Julian Jessop issues a stark warning that the Chancellor's planned tax cuts could destabilise the UK economy, creating a £30bn fiscal black hole and forcing the Bank of England to keep interest rates higher for longer.

Reeves Vows OBR Power Over Labour Manifesto Costings

Shadow Chancellor Rachel Reeves pledges to give the Office for Budget Responsibility new powers to independently cost Labour's election manifesto, marking a major shift in UK economic policy and transparency.

Reeves Vows 'Iron Discipline' in First Budget

Chancellor Rachel Reeves pledges to deliver a budget of 'iron discipline' with tough spending rules, as she accuses the Tories of leaving the economy in ruins. Get the full analysis.

Reeves vows fiscal discipline as 'green Chancellor'

In her inaugural Mais Lecture, Labour's Shadow Chancellor Rachel Reeves pledges to be 'Britain's first green Chancellor' while committing to strict fiscal rules, marking a significant shift in economic policy.

Budget 2025 Date Revealed: Chancellor's Autumn Plan

Exclusive: Chancellor Rachel Reeves is poised to deliver her first major Budget in late October or early November, setting out Labour's long-term economic plan. Get the inside track on the key dates and what it means for your wallet.

Pound Crashes to Record Low After Truss's Mini-Budget

The UK faces a severe economic crisis as the pound sterling crashes to a historic low against the dollar following Chancellor Kwasi Kwarteng's mini-budget, triggering emergency warnings from the Bank of England and soaring mortgage costs for millions.

Pope Francis Condemns 'Immoral' CEO Pay and Wealth Gap

In a powerful address to Italian business leaders, Pope Francis launched a fierce critique of modern capitalism, condemning the growing inequality between executives and their workers as a grave sin and a threat to social cohesion.

Wales Tops UK Wealth Growth as Southeast England Lags

A landmark study reveals a dramatic wealth shift in the UK, with Wales experiencing a remarkable financial surge while traditional economic powerhouses in Southeast and Northeast England face a relative decline in household prosperity.

Airbnb Billionaire Joe Gebbia Endorses Donald Trump

Airbnb billionaire Joe Gebbia shocks the tech world by endorsing Donald Trump for President and launching a new pro-Trump podcast with former spokeswoman Katie Miller, signalling a major shift in Silicon Valley allegiances.

Trump's Dangerous War on US Statistics and Data

An alarming analysis reveals how Donald Trump's systematic assault on US federal statistics corrupts policymaking, endangers the economy, and weakens America's standing on the world stage, drawing parallels to authoritarian regimes.

Indonesia Gripped by Mass Protests Over Economic Policies

Indonesia faces its largest wave of protests in years as citizens take to the streets over controversial government policies. This in-depth report examines the escalating crisis, the government's response, and what it means for the future of Southeast Asi

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