UK families face £290 annual food bill increase
New research reveals that UK households could see their annual food bills rise by £290 as inflation and supply chain issues push prices higher. Experts warn of growing financial strain on families.
Category : Economy
Gambling industry faces overdue reckoning
The gambling industry's dark side can no longer be ignored. With soaring profits and rising addiction rates, it's time for stricter regulation and accountability.
Social Security policy U-turn shocks millions
The UK government announces a surprising reversal in Social Security policy, impacting retirees and workers nationwide. Find out what this means for your pension.
£299 DWP payment: Check if you're eligible
Discover if you qualify for the latest DWP cost of living support, including a £299 payment, and see the full list of eligible benefits.
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Child benefit rule change hits UK parents with tax bills
HMRC's new child benefit rules could leave thousands of parents with unexpected tax bills. Find out if you're affected and how to protect your finances.
Brown warns of Victorian poverty levels in UK
Former PM Gordon Brown warns of a 'poverty epidemic' gripping Britain, with millions struggling to afford basics as living standards plummet.
GST hike proposed for $3,300 annual payment
Independent MP Kate Chaney suggests raising the GST to 12.5% to fund a $3,300 annual payment for every Australian, sparking debate on economic reform.
Havana faces food shortages amid Cuba's economic crisis
Havana residents endure skyrocketing prices and severe food shortages as Cuba's economic crisis deepens, with long queues and empty shelves becoming the norm.
Billionaire warns socialist policies threaten NYC economy
John Catsimatidis, billionaire owner of Gristedes, warns that socialist policies proposed by NYC Assemblyman Zohran Mamdani could devastate the city's economy.
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Tax gambling profits to fight child poverty?
A new report suggests taxing the lucrative gambling sector could generate billions to lift children out of poverty. Why isn’t the government acting?
State Pension Crisis Looms as DWP Warns of Future Shortfalls
A stark warning from the DWP reveals potential financial struggles for millions relying on the State Pension. Experts urge immediate action to safeguard retirement funds.
Labour's £50bn black hole as tax hike fears grow
Labour leader Keir Starmer faces scrutiny over economic claims as the Prime Minister refuses to rule out tax increases in the upcoming Budget.
Wealth tax could trigger investor exodus, experts warn
As calls for a wealth tax grow louder, economists caution that targeting unearned income could trigger capital flight and harm the UK economy. Here's why.
Reeves: Labour faces tough economic inheritance
Shadow Chancellor Rachel Reeves highlights the tough economic decisions awaiting Labour if elected, as experts predict slow growth and fiscal constraints.
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Bank Holiday Struggles as Brits Cut Back
Millions of Brits are struggling to enjoy their bank holiday as rising costs and travel chaos dampen spirits. Here's what's really going on.
Reeves rejects wealth tax but hints at welfare cuts
Shadow Chancellor Rachel Reeves dismisses wealth tax plans but hints at potential welfare cuts and tough economic decisions in the upcoming budget.
Rachel Reeves' economic growth claims dismissed as 'fairy tale'
Labour's shadow chancellor Rachel Reeves is under fire after the NIESR dismissed her economic growth targets as unrealistic, sparking debate over Labour's fiscal policies.
22 Kids star can't afford heating amid cost crisis
Sue Radford, from the famous '22 Kids and Counting' family, reveals they can't afford to heat their home amid the cost-of-living crisis.
Boomers forced back to work in Australia's cost crisis
Australia's soaring living costs are pushing retirees back into the workforce, with many struggling to afford essentials. Experts warn of a growing trend as inflation bites.
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Reeves rejects tax rises for UK budget black hole
Shadow Chancellor Rachel Reeves insists Labour will not raise taxes to address the UK's fiscal deficit, focusing instead on economic growth and spending reforms.
Reeves may raise taxes as budget deficit worsens
Chancellor Rachel Reeves confronts a widening budget deficit, with experts warning tax hikes may be inevitable. The NIESR predicts economic challenges ahead.
Reeves plans major tax hikes for Autumn Budget
Chancellor Rachel Reeves is reportedly preparing significant tax increases in the upcoming Autumn Budget to address a £50bn economic shortfall, sparking warnings from economists.
Australia’s Latest Political & Economic Updates
Stay informed with the latest headlines from Australia, covering political shifts, economic trends, and essential news you need to know this Wednesday.
Ofwat Chief Resigns as Watchdog Faces Abolition
David Black, the head of Ofwat, announces his resignation amid government plans to dismantle the water watchdog. What does this mean for consumers and the industry?
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UK State Pension Age Review Underway
The UK government is considering changes to the state pension age, potentially affecting millions. Here's what you need to know.
Badenoch criticises OBR over economic forecasts
Business Secretary Kemi Badenoch criticises the Office for Budget Responsibility, accusing it of undermining growth with pessimistic economic projections.
Trump targets Fed's Powell in latest economic critique
Former President Donald Trump has once again criticised Federal Reserve Chair Jerome Powell, sparking fresh debate over monetary policy and economic leadership.
State Pension Age Could Rise to 80
A government review suggests the state pension age may increase to 80, sparking concerns over retirement plans and financial security for millions.
Labour plans to scrap ISA savings tax
Shadow Chancellor Rachel Reeves announces Labour’s proposal to abolish tax on savings held in ISAs, aiming to boost household finances and stimulate economic growth.
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Wealth Tax: Your Questions Answered
Confused about the proposed wealth tax? We break down the key questions, implications, and what it means for your finances.
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