Economy

“UK Bank Customers to Benefit from Increased Deposit Protection”

UK bank customers will now have increased protection for their money if a financial institution fails, thanks to new regulations taking effect. Starting December 1, individuals can expect up...

“DWP Updates Universal Credit Guidelines for Child Dependents”

The Department for Work and Pensions (DWP) has released updated guidelines for individuals seeking to claim Universal Credit...

Government Plans Total Ban on Ticket Resale Profits

The Government is poised to implement a ban on reselling tickets for live events at a profit. This...

“8 Companies Under Investigation for Online Pricing Concerns”

Investigations have commenced into eight companies due to concerns regarding their online pricing strategies. Additionally, warnings are set...

Energy bills to dip in January, spike expected in spring

Energy bills are projected to decrease slightly in January, with a potential subsequent increase in the spring, as...

“Welfare Payment Schedule Changes Impact Universal Credit Recipients”

The Department for Work and Pensions (DWP) and HMRC are planning to adjust the payment schedules for ten means-tested benefits soon. As a result,...

Food Price Surge to Cost UK Families £290 More Annually

Soaring food costs are expected to increase the average family's yearly grocery expenses by approximately £290. The Bank of England narrowly voted to lower interest...

“Costa Coffee Branch Shut Down in Marlborough”

The closure of another Costa Coffee branch has been noted, contributing to a growing tally of more than twelve branches that have shut down...

UK Mortgage Borrowers Brace for Impact as Interest Rate Cuts Loom

Most individuals with mortgages on fixed rate deals won't see an immediate impact, according to UK Finance. Approximately 85% of mortgages, totaling 7.1 million,...

“Car Finance Controversy Spurs £18B Compensation Scheme”

Millions of individuals impacted by a car finance controversy could collectively receive between £9 billion and £18 billion in restitution following the unveiling of...

“Pressure Mounts for UK Chancellor to Consider Bank Windfall Tax”

A recent analysis suggests that imposing a windfall tax on major banks in the UK could potentially generate over £11 billion for the Treasury....