Economy

“GM Union Members Overwhelmingly Approve New Contracts”

The labor union representing employees at General Motors has announced that its members have overwhelmingly voted to approve new contracts with the automaker. Unifor and GM reached tentative agreements...

“Churchill Port Resumes Grain Shipments to Europe”

A vessel is preparing to depart from the Port of Churchill this week carrying the first grain shipment...

“Canada Invests $195M in Xanadu Quantum Technologies”

In a vacant Campbell Soup factory in Toronto's west side, the Canadian Minister of Artificial Intelligence and Digital...

“Federal Reserve Chair Warns of Inflation, Talks Rate Hikes”

U.S. Federal Reserve Chair Kevin Warsh expressed concerns about the persistent high levels of inflation during his speech...

“Canada’s Economy Soars in Q2 Amid Trade Tensions”

Canada experienced a significant economic growth spurt in the second quarter of this year, marking its fastest pace...

“State Pension Recipients Exempt From Taxes, Increase to £241.30 Weekly by 2026”

Rachel Reeves, during an interview with Martin Lewis, has confirmed that individuals whose sole income is the state pension are exempt from paying taxes....

“December’s Financial Events: Christmas Bonus, Inflation Update, Interest Rates”

December can be a costly month with the holiday season approaching, but there are financial events beyond Christmas that may impact your finances. Some households...

“ISA Limit Cut for Young Savers in 2027 Budget”

Rachel Reeves has officially announced a reduction in the cash ISA limit, specifically affecting younger savers. During her Autumn Budget speech, the Chancellor disclosed...

“New £2,000 Cap on Pension Contributions via Salary Sacrifice”

Pension savers utilizing salary sacrifice schemes to fund their retirement will soon face a limit on their contributions before incurring National Insurance charges. Rachel Reeves,...

“UK Workers to Face Higher Taxes with Freeze Extension”

Millions of workers are set to face higher tax payments as Rachel Reeves announced an extension of the freeze on tax thresholds. Originally planned...

“Braintree Couple Slashes Heating Costs with Innovative Energy Program”

A Braintree couple, Terrence, 76, and Lesley Bridges, 75, have successfully reduced their monthly heating costs to just £40 after participating in a pioneering...