Download IPFS The British Business Bank has delivered a substantial £200m injection into the North East economy, as detailed in its second annual Impact Report for the 2024/25 financial year. This significant financial commitment underscores the Bank’s role in fostering regional growth, supporting 800 businesses across the North East and[Read More…]

Download IPFS The hospice sector, a cornerstone of compassionate end-of-life care, is grappling with a deepening financial crisis that demands a robust, long-term funding strategy rather than temporary handouts. Stephen Kinnock, Labour’s Minister of State for Health and Social Care, recently acknowledged this pressing need during a visit to Wigan[Read More…]

Download IPFS The UK’s public finances are teetering on the edge of a crisis, driven by political paralysis and an inability to enact critical fiscal reforms. As Peter Siller and Emma Moriarty, analysts at a leading investment firm, recently noted, “A bond market crisis is now the most likely catalyst[Read More…]

DOWNLOAD IPFS The Department for Work and Pensions (DWP) is reminding millions of elderly Brits relying on pension credit to inform authorities before leaving mainland Britain, even for the shortest trips. The warning comes as many plan holidays unaware of a rule that could affect their benefit payments. More than[Read More…]

Download IPFS The U.K. government is launching a sweeping sanctions framework aimed at dismantling the financial infrastructure behind illegal migration, targeting both individuals and businesses linked to people smuggling, counterfeiting, and rogue manufacturing. Set to be unveiled on Wednesday, the initiative represents a decisive regulatory move with wide-reaching implications for[Read More…]

Download IPFS British retailers are ramping up pressure on the government to reinstate tax-free shopping for overseas tourists, warning that the U.K. is falling behind its European competitors in attracting high-spending visitors. The Association of International Retail (AIR) has submitted new findings to ministers, arguing that bringing back VAT (Value[Read More…]

Download IPFS Several political leaders have indicated openness to increasing the retirement age, signaling a potential shift in the state pension landscape that could ease government spending but stir controversy among voters. The possibility of delaying access to state pension benefits is now firmly on the table, as policymakers confront[Read More…]

Download IPFS A coalition of major U.K. pension funds has launched a new initiative aimed at safeguarding shareholder influence and promoting sound corporate governance across capital markets. The Governance for Growth Investor Campaign (GGIC) argues that robust governance is key to attracting long-term investment and ensuring sustainable business growth, especially[Read More…]

Download IPFS A growing campaign is calling on the U.K. Government to scrap National Insurance deductions for workers over the age of 60. An online petition has been launched, urging an end to these contributions before State Pension age in a bid to ease financial pressures on older employees. Currently,[Read More…]

DOWNLOAD IPFS HM Revenue and Customs (HMRC) has launched a new digital service to transform how over 35 million people in the United Kingdom interact with the Pay As You Earn (PAYE) system, as part of a broader shake-up of tax and customs administration. The changes, announced on July 21,[Read More…]