Download IPFS The United Kingdom has experienced an unexpected rise in inflation, with the Consumer Prices Index (CPI) climbing to 3.6% between May and June. The increase was largely driven by higher food and fuel prices, posing renewed challenges for policymakers seeking to stabilise the economy and ease pressure on[Read More…]

Download IPFS A growing scandal involving professional accountants receiving payments for steering clients into tax avoidance schemes has cast fresh scrutiny on the accountancy sector, prompting calls for a broader investigation into the so-called loan charge. These schemes, now targeted by HMRC (His Majesty’s Revenue and Customs), have left thousands[Read More…]

Download IPFS The cost of hiring supply teachers across England has surged to nearly £1.4 billion in the past year, placing growing pressure on school budgets and raising concerns over classroom standards. With headteachers warning of unsustainable costs and students voicing fears of disrupted learning, the issue is becoming an[Read More…]

Download IPFS A new analysis of the UK property market reveals that more than one million homes have appreciated by at least 50% since the start of the COVID-19 pandemic. The figures underscore the strong performance of property in select regions, particularly outside traditional metropolitan centres, as demand for space,[Read More…]

Download IPFS A charity is calling for urgent reforms after warning that the Department for Work and Pensions (DWP) is deducting up to £60 per month from benefit recipients without sufficient notice, leaving many struggling to meet basic living costs. The Money and Mental Health Policy Institute, established by financial[Read More…]

Download IPFS In a sweeping move to energise the United Kingdom’s economy and deepen retail investor participation, the government has unveiled a major campaign urging households to transition from cash-based Individual Savings Accounts (ISAs) to investing in shares. The initiative is part of a broader financial services overhaul known as[Read More…]

Download IPFS The Lloyd’s Market Association (LMA) has welcomed the U.K. Government’s newly unveiled Financial Services Growth and Competitiveness Strategy, praising its pro-growth stance and targeted regulatory reforms designed to strengthen the UK’s position as a leading global financial centre. The 10-year plan aims to create an environment where financial[Read More…]

Download IPFS The rising long-term cost of the state pension may force the government to re-evaluate existing pension tax relief policies, despite Labour’s commitment to uphold the triple lock. According to recent figures from the Office for Budget Responsibility (OBR), the cost of maintaining the state pension could reach £15.5[Read More…]

Download IPFS Eastleigh Borough Council is grappling with a mounting debt crisis, with borrowing now standing at £585.3 million and expected to climb to £622.7 million by March 2025. Critics argue that the council’s financial strategy is unsustainable, primarily due to its handling of a long-delayed housing project. Without urgent[Read More…]

Download IPFS Chancellor Rachel Reeves has indicated she may introduce changes to Individual Savings Accounts (ISAs), criticising what she describes as an excessive focus on the risks of investing rather than the opportunities it can create for savers and the wider economy. Speaking at the Mansion House gathering of financial[Read More…]