Autumn Statement at a glance
The UK's third fiscal event of the year, the Chanchellor, Jeremy Hunt, has presented his Autumn Statement 2022
- Nov 1
Treasury warns of tax rises to fill financial hole
People across the UK may face tax increases for years to come as Rishi Sunak attempts to plug a £40 billion 'black hole in the public...
- Oct 29
More than £4bn of the UK’s foreign aid budget spent in Britain
According to analysts, the United Kingdom is now spending more of its international development budget at home than in poor countries....
- Oct 27
Registration application fee changes, as GDC identifies and eliminate further cross subsidy
The GDC is raising fees to “ eliminate this ongoing cross-subsidy and correctly recover the cost of processing registration...
- Oct 27
UK has a new name for stablecoins and a new bill to regulate crypto
On October 25, the United Kingdom advanced the Financial Services and Markets Bill, solidifying its vision for Bitcoin cryptocurrency and...
- Oct 25
Mortgage affordability 'could be worse than pre-2008'
Up to four in ten UK mortgaged households may struggle to stay current on their house over the next year
- Oct 22
Tesco increases the cost of meal deals as food prices rise
As food prices rise, Tesco has increased the cost of its meal deal. After more than ten years at £3, the sandwich, snack, and drink combo...
- Oct 21
Cost-of-living payments that will be deposited into your bank accounts before Christmas
Millions of households in the UK are entitled to get assistance in the coming months to lessen the harsh impact of the ongoing cost of...
- Oct 21
Warning energy bills may rise above £4,000 in April
After the government announced it would reduce funding, an analyst predicted that typical home energy bills might rise to £4,347 annually...
- Oct 21
The cost of living crisis weighs on the UK economy as millions are forced to skip meals
According to new data, millions of individuals have recently been forced to skip meals or go a whole day without eating. More people went...
- Oct 21
The tax taken highest since 1950 as Hunt reverses mini-budget
Experts predict that taxes will increase to their greatest level since 1950 as a result of the new British Chancellor Jeremy Hunt...
- Oct 20
People plan smaller Christmas as UK inflation rises
As costs rise, many are making plans for smaller Christmas celebrations. A BBC survey found that people are becoming increasingly...
- Oct 19
Cost of living: The "fuel poor" are to be helped by the oil-buyer programme.
In Northern Ireland, half a million houses rely on oil for heating. The majority of its population—68%—lives in rural areas. The...
- Oct 19
A £52b jump in mortgage costs fuels risk for UK lenders
Truss tells MPs she will raise pensions in line with inflation A reduced analyst's rating on numerous institutions foreshadowed an...
- Oct 18
Liz Truss backs out of a promise to raise pensions in line with inflation
Instead of asking ministers to search for budget reductions, Liz Truss has reneged on a crucial election promise to raise state pensions...
- Oct 14
Liz Truss confirms corporation tax U-turn as she insists she will stay on as PM
After firing her Chancellor, Liz Truss put forth intentions to rebuild her government and reversed large aspects of the failed...
- Oct 14
UK PM Liz Truss under pressure over tax cuts
Following market instability and to head off an anticipated rebellion within the ruling Conservative Party, the newly elected Liz...
- Oct 12
Government plans cap on renewable energy revenues
A new government plan might limit the earnings of renewable energy generators and nuclear power facilities. The move could reduce the...
- Oct 11
New emergency action by the Bank of England to calm the markets
In an effort to reassure investors, the Bank of England issued a fresh emergency action warning of a "material risk" to financial...
- Oct 7
Mortgage rates rise sharply as the squeeze tightens
According to new data, major mortgage lenders are raising the cost of home loans, with the average two-year fixed rate already...