Scrap Two-Child Benefit Cap to Fight Child Poverty
New analysis reveals the devastating impact of the two-child benefit limit as poverty rates soar. Discover why campaigners and cross-party MPs demand immediate action.
Category : Economy
Reeves to scrap two-child benefit cap in budget
Exclusive: Labour government set to deliver major welfare reform as Chancellor Rachel Reeves prepares to lift controversial two-child limit on benefits in Autumn Budget announcement.
£30bn Budget Hit for Brits as Reeves Spares Businesses
Chancellor Rachel Reeves faces backlash as £30bn budget measures target households while promising business-friendly approach. Discover how new fiscal plans could impact your wallet.
AG Barr Scottish Shares Fall Amid Brexit Trade Issues
Irn-Bru manufacturer AG Barr sees Scottish shares tumble as Brexit trade barriers and supply chain issues impact the iconic soft drink business. Exclusive analysis reveals the challenges facing Scottish producers.
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UK economy grows 0.2% in January, beating expectations
Britain's economy delivered an unexpected boost in January with GDP growing 0.2%, driven by strong retail and construction performance, though challenges remain ahead.
UK Economy Shows Zero Growth in April as Sectors Struggle
Britain's economic growth ground to a halt in April with zero growth, raising concerns ahead of the upcoming budget announcement as construction and manufacturing sectors struggle.
UK Economy Stagnates as Construction Output Plummets
Britain's economic recovery hits a wall as construction output plummets 1.9% in April, wiping out service sector gains and raising Budget concerns for the Chancellor.
UK economy grew faster than estimated in past six months
Official figures reveal the UK economy grew faster than previously estimated over the past six months, delivering an economic boost to the Labour government and strengthening the pound.
UK Economy Grows 0.4% in Q2 - Strongest Since 2021
Britain's economy delivered a powerful performance in Q2 2024, with GDP growing by 0.4% - the strongest quarterly expansion since late 2021. Services and production sectors lead the charge as the UK economy gains momentum.
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Australia's Budget Deficit Shrinks Faster Than Forecast
Australia's federal budget deficit has narrowed significantly to $11.2 billion, beating Treasury forecasts, though Treasurer Jim Chalmers cautions that structural pressures threaten future economic stability.
Reeves urges Labour MPs: Focus on growth mission
New Chancellor Rachel Reeves delivers powerful message to Labour MPs, demanding immediate focus on economic growth and fiscal discipline in government's first days.
Reeves launches brutal attack on Tory economic chaos
Shadow Chancellor Rachel Reeves delivered a devastating critique of Conservative economic management, accusing the government of leaving Britain's finances in tatters after 14 years in power.
Reeves Unveils Labour's Economic Revolution
Shadow Chancellor Rachel Reeves delivers landmark speech outlining Labour's radical economic overhaul, from housebuilding boom to planning system shake-up and North Sea oil confrontation.
Reeves's alcohol duty hike backfires, costs Treasury £1bn
Rachel Reeves's planned increase in alcohol duty is projected to cause a dramatic £1 billion shortfall in tax revenues, according to a damning new Treasury analysis, raising serious questions about the government's economic strategy.
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£1 Difference Exposes UK's Deep Cost of Living Crisis
New analysis exposes a startling reality about the UK's cost of living crisis, with a mere one pound separating household energy costs from council tax bills, highlighting the severe financial pressure facing families.
Reeves Rules Out Income Tax, NI, and VAT Rises
Chancellor Rachel Reeves has used her first major speech to pledge no increases to Income Tax, National Insurance, or VAT, while warning of difficult spending decisions to rebuild the economy.
HMRC Chases £1.5bn in Erroneous Covid Grants
New figures reveal HMRC is chasing £1.5bn in overpaid Covid grants, with billions more potentially written off, raising serious questions about government oversight.
Treasury Warns Reeves: No Cash for Labour's Spending Plans
Chancellor Rachel Reeves receives a stark economic reality check from the Treasury's top official, who revealed there's no cash reserve for new spending, forcing tough fiscal choices.
Life in Britain's 'Worst Town': A Resident's Story
Paul Routledge shares his stark perspective on the challenges facing Seaham, County Durham, after a survey labelled it one of Britain's worst places to live.
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October Social Security Payment Dates Change: Key Guide
Millions of Americans on Social Security face crucial payment date changes in October. Our guide explains the new schedule, who is affected, and how to avoid financial disruption.
Treasury's Secret Tax Hike Plans for Post-Election Budget
Exclusive: Treasury officials are drawing up plans for significant tax increases, including a potential 'stealth raid' on pensions and inheritance tax reforms, that could be implemented swiftly if Labour wins the next election.
Reeves rules out income tax cut in Labour budget
Shadow Chancellor Rachel Reeves has firmly rejected calls for an income tax reduction in Labour's first budget, focusing instead on economic stability, even as pressure mounts following the recent 2p National Insurance cut.
UK Economy to Lag Behind with High Inflation Until 2025
Britain's economic growth is set to lag behind other advanced nations with inflation remaining stubbornly high, according to a damning new OECD report that highlights the UK's ongoing cost-of-living crisis.
Britain to be worst G7 economy in 2025, OECD warns
A damning OECD forecast predicts Britain will be the weakest economy among G7 nations next year, with growth projections slashed amid persistent inflation and political stagnation.
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OECD: UK to Lead G7 Growth in 2025 as Inflation Falls
The Organisation for Economic Co-operation and Development predicts the UK will be the fastest-growing economy in the G7 next year, with inflation expected to return to the Bank of England's 2% target. Chancellor Jeremy Hunt welcomes the 'major improvemen
Global Economy Shows Surprising Resilience to Trump Tariffs
The OECD's latest economic outlook reveals a world economy weathering Trump's aggressive tariff strategy better than forecasted, with global growth holding steady at 3.1% despite trade tensions.
2.2 Million Pensioners Face Stealth Tax After Pension Hike
A massive stealth tax trap is set to snare over two million pensioners following the recent state pension increase, with many facing unexpected bills from HMRC. Experts warn of financial distress and complex repayments.
Opinium Survey Reveals Brits' Top Financial Worries
Exclusive research from Opinium uncovers the financial pressures keeping Britons awake at night, with energy bills and grocery costs leading anxiety levels across UK households.
Reeves urged to swap 2p NI cut for income tax rise
Exclusive: The Chancellor is facing calls for a radical budget overhaul that would cut National Insurance for workers but increase the basic rate of income tax, a move experts say could simplify the tax system.
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