Two more Labour-run councils at risk of bankruptcy could impact one million households December 15, 2023 With two more local Labour authorities at risk of effective bankruptcy, council tax may rise by 15 per cent for these areas in order to pay off debts.
Scrap triple lock and reform state pension, Jeremy Hunt urged in major IFS report December 13, 2023 IFS warns the ‘triple lock’ “ratchets up the value of, and spending on, the state pension over time in a way that creates uncertainty"
B&Q faces backlash over changes to staff breaks December 12, 2023 B&Q is facing backlash from staff following changes made to paid breaks and reduced hours, according to reports.
UK jobs figures bolster case for interest rate hold but ‘experimental’ unemployment data ‘difficult to trust’, analysts say December 12, 2023 The latest UK jobs data has bolstered the case for the Bank of England to hold interest rates on Thursday, according to analysts, as the labour market shows signs of cooling but inflationary pressures still remain.
FCA new proposals aim to ‘improve competition’ and credit information quality December 5, 2023 The UK’s financial watchdog released its report today with proposals aimed at improving the credit information market.
Five online scams to watch out for ahead of Cyber Monday November 25, 2023 City A.M spoke to Oz Alashe MBE, cybersecurity expert and CEO of CybSafe, who gave his top tips on how to stay safe from online scams.
Government ‘sneaking through’ new bank data powers, campaigners warn November 24, 2023 Some have warned that the UK government is slipping through new laws with "minimal debate" as it looks to crack down on benefit fraud.
Fractional shares: what do new rules mean for UK investors? November 23, 2023 Though no specific details have been given, experts have cheered the chancellor’s decision to allow fractional shares in ISAs.
Savings rates fall for first time in more than two years as banks slash deals November 21, 2023 Fixed savings rates have fallen across the board for the first time in more than two years, according to new data, as inflation cools and the Bank of England hold interest rates.
City chiefs urge chancellor to tackle ‘downward spiral of investment’ and reform ISAs and pensions November 15, 2023 The group called on the chancellor to tackle the “downward spiral of investment” that had taken hold in the UK.