Trump's Signature to Appear on All US Dollar Bills
President Donald Trump will become the first US president to have his signature on every dollar bill, starting with $100 notes in June to mark America's 250th anniversary.
Category : Economy
Reeves Urged to Tax Firms Profiting from Iran War for UK Support
Over 40 UK charities and unions demand Chancellor Rachel Reeves raise taxes on companies benefiting from the Iran war to fund emergency cost-of-living measures, as oil prices surge and growth forecasts plummet.
Business Leaders Attack Reeves Over Fuel Tax Profits in Price Row
Chancellor Rachel Reeves faces fierce criticism from top business leaders including Next's Lord Wolfson and M&S's Stuart Machin, accused of profiting from rising fuel prices through increased VAT and duty receipts while blaming retailers.
Trump's Signature Planned for US Currency by Treasury
The US Treasury Department is developing plans to include President Donald Trump's signature on all new paper currency, marking an unprecedented move for a sitting president, according to an AP source.
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Fuel Panic-Buying in Australia Driven by Price Fears
An economist reveals that Australia's current petrol station panic-buying is motivated by price increases, not supply concerns like during COVID-19, amid Middle East conflict and new government penalties.
Reeves Urged to Tax War Profits for Household Support
Charities and unions urge Chancellor Rachel Reeves to tax excess profits from companies benefiting from Middle East conflict to fund emergency cost-of-living support for UK households.
LA Gas Station Charges $8.71 per Gallon, Stunning Drivers
A Chevron station in Los Angeles is charging $8.71 per gallon for regular gas, nearly $3 above the local average, as drivers cite convenience and necessity amid rising US fuel costs.
Reeves Must Strengthen UK Economy Amid War-Driven Slump
The OECD reports the UK faces the largest growth hit among G20 economies due to the Iran conflict, with inflation and interest rates rising. Chancellor Rachel Reeves is under pressure to refine fiscal strategy to prevent a severe recession.
LBC Host Stunned as High-Earner Demands Energy Bailout
An LBC caller earning £230,000 a year sparked disbelief by claiming he feels poor and needs an energy bailout, as Chancellor Rachel Reeves targets support for working people amid rising prices.
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LA Gas Station Charges $8.71 Per Gallon, Shocking Patrons
A notorious Chevron station in Los Angeles is charging $8.71 per gallon for regular gasoline, nearly $3 above the local average, as global tensions drive fuel costs higher nationwide.
Motability Users Face £400 Rise as New Taxes Take Effect
Motability has notified all users of significant changes to its vehicle leasing scheme for disabled people, with average advance payments set to increase by around £400 from July 2026 due to new government taxes.
1970s Oil Crisis: Economic Lessons for Modern Energy Markets
The 1973 Yom Kippur War triggered a global energy crisis that quadrupled oil prices. Examining how economic systems amplified this shock reveals crucial lessons for today's volatile energy markets and geopolitical tensions.
Muskism: The New Economic Model Reshaping Our World
A review of 'Muskism' explores how Elon Musk's empire signals a shift from Fordism to a tech-driven, exclusionary capitalism, questioning its societal impact.
OECD: UK Economy Hit Hardest by Middle East Conflict
The OECD predicts UK economic growth will slow to just 0.7% this year due to Middle East conflict impacts, with rising energy prices and weakening job markets creating significant challenges.
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OECD: US-Israel War on Iran Risks Global Economic Resilience
The OECD predicts the US-Israel conflict with Iran will test global economic resilience, slashing growth forecasts and warning of higher inflation and interest rates worldwide.
Iran War's Impact on US Prices: Fuel, Food, Flights
The US-Israel war on Iran disrupts global oil supplies, driving up US gas, diesel, and fertilizer costs, with ripple effects on groceries, flights, and mortgages.
Motability Scheme Tax Changes Increase Costs from July 2026
The Motability Foundation announces VAT and Insurance Premium Tax will apply to new vehicle leases from July 1, 2026, increasing costs for disabled users across Great Britain.
Trump's Iran War Hits UK: Energy Bills and Interest Rates Soar
Chancellor Rachel Reeves warns of significant economic challenges as Middle East conflict disrupts global markets, driving up UK energy costs and threatening inflation.
DWP Minister Details Major Pension Tax Shift as Inheritance Rules Change
A senior DWP minister has outlined the government's rationale for including pensions in inheritance tax from 2027, warning against using retirement funds for tax avoidance.
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OECD Cuts UK Growth Outlook Most in G20 for 2026
The OECD has downgraded the UK's 2026 growth forecast by 0.5 percentage points to 0.7%, the largest reduction among G20 economies, citing Middle East conflict-driven energy price spikes and weak economic momentum.
UK Faces Biggest Growth Downgrade in G20 for 2026
The OECD has downgraded the UK's 2026 growth forecast more than any other G20 economy, citing Middle East conflict-driven energy price spikes and weak economic momentum.
Mortgage Costs Soar in Iran War Fallout, Peace Key to Relief
UK mortgage rates have spiked due to Iran war turmoil, with 4% deals vanishing and monthly payments rising by over £96. Swap rate volatility, not the Bank of England, drives increases, as inflation fears delay rate cuts. A swift peace could lower costs, b
UK Poverty Hits 13.4M, Child Numbers Drop Slightly
Official data reveals UK poverty increased by nearly half a million to 13.4 million people in 2024/25, with child poverty slightly declining to 4.03 million. New Labour policies aim to address the crisis.
HMRC's 2026 'Stealth' Tax Changes: Expert Warns
From April 2026, a series of subtle HMRC changes, including dividend tax hikes and frozen thresholds, will increase bills and pull more Brits into higher tax brackets, warns an investment strategist.
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UK Poverty Hits 13.4 Million, Child Numbers Fall Slightly
Official data reveals a rise in UK poverty to 13.4 million people, with child poverty at 4.03 million. The Labour Government's removal of the two-child benefit limit aims to lift 450,000 children out of poverty by 2030.
UK Faces Inflation and Growth Woes from Iran War, OECD Warns
The OECD projects the UK will have the second-highest inflation and second-lowest growth in the G7 for 2026, citing risks from the Middle East conflict on energy and food supplies.
OECD: Iran War to Weaken UK Growth and Boost Inflation
The OECD forecasts significantly weaker UK economic growth and higher inflation in 2026 due to the Iran conflict, warning of global energy shortages and soaring food prices.
OECD: UK Inflation to Soar, Growth to Slow Due to Iran War
The OECD warns the UK faces surging inflation and weak economic growth in 2026 due to energy shortages from the Iran war, urging energy efficiency measures.
Jenrick Calls for Emergency Fuel VAT Cut Amid Oil Crisis
Reform's Robert Jenrick proposes halving VAT on road fuel for three months to slash petrol and diesel prices, as Middle East turmoil drives up global oil costs and squeezes British drivers.
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94% of UK Businesses Unprepared for HMRC's Tax Digital Overhaul
A new survey reveals 94% of UK businesses are not ready for HMRC's Making Tax Digital system launching April 2026, requiring quarterly digital tax submissions.
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