The increase in women’s state pension age could force mothers and daughters to withdraw the free, informal care they give the UK’s rapidly ageing population, a paper has warned.
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6th Jun 2023 | Updated at 08:05pm 6th Jun 2023
UK economy to shrink in 2023: IMF
The International Monetary Fund (IMF) has said that UK economy will shrink and perform worse than other advanced economies as the cost of living continues to hit households.
HMRC clarifies its stand on waiting times on self-assessment helpline
Officials working from home are not to blame for long waiting times on HM Revenue and Custom’s self-assessment helpline, the department has said.
The government has announced an additional bank holiday to mark the coronation of King Charles III next year.
London’s borough councils will face a £700 million shortfall next year that would require the “toughest of tough” money-saving decisions - unless the Government increases funding for local services, cross-party group London Councils has warned.
More than 138,000 residential and commercial properties in England and Wales are owned by offshore companies, with holdings in London worth a combined £55bn, according to a research.
Chancellor Jeremy Hunt has appointed British Indian investment expert Sushil Wadhwani as one of the four financial specialists appointed to a new Economic Advisory Council. The council will give independent advice to the government.
The Bank of England has warned the UK is facing its longest recession since records began, as it raised interest rates by the most in 33 years. It warned...
Rishi Sunak is reinstating the ban on fracking that Liz Truss controversially lifted. Answering questions, the new prime minister said he stands "by the manifesto" on fracking. The Conservative 2019 manifesto placed a moratorium on fracking...
The Bank of England looks set to raise borrowing costs by the most since 1989 next week even as it prepares for a recession that could be deepened by spending cuts under new Prime Minister Rishi Sunak. Analysts believe that BoE at its eighth...
The pound hit a six-week high as Rishi Sunak became prime minister, another sign of the markets welcoming the country's new leader. Sterling was up 1.8% against the dollar at $1.147, having risen by 1.92% to $1.150 earlier in the day - the highest...
Banks have withdrawn 60 per cent of mortgages for small-deposit borrowers since the start of the year making it more difficult for first-time buyers to enter the property market, according to new findings. The number of loan-to-value mortgages...
