Business & Economy

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DWP scraps two vital benefits in major Universal Credit overhaul - what you need to know

DWP scraps two vital benefits in major Universal Credit...

The Department for Work and Pensions (DWP) has confirmed two major benefit payments...

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'Ed Miliband has made Net Zero politically toxic', Labour donor Dale Vince claims

'Ed Miliband has made Net Zero politically toxic', Labour...

Dale Vince, the green energy entrepreneur behind Ecotricity and prominent Labour...



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Andy Burnham could raise more than £1billion by 'blocking wealthy retirees from the state pension'

Andy Burnham could raise more than £1billion by 'blocking...

Andy Burnham could raise more than £1billion by blocking Britain's wealthiest pensioners...

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Bereaved parents lay children's shoes outside Parliament in protest of 'cliff-edge' state support

Bereaved parents lay children's shoes outside Parliament...

Hundreds of bereaved parents are gathering in Parliament Square on July 3 to lay...

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Major high street bank launches market-leading savings account offering eight per cent interest

Major high street bank launches market-leading savings...

A major high street bank has launched a savings account offering eight per cent...

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State pension warning as HMRC writes to over 370,000 Britons over missing payments

State pension warning as HMRC writes to over 370,000 Britons...

Thousands of pensioners are still receiving less State Pension than they are entitled...

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Andy Burnham ally blasts 'out of touch' Keir Starmer over 11th-hour World Cup pub decision

Andy Burnham ally blasts 'out of touch' Keir Starmer over...

Andy Burnham's ex-adviser has accused Prime Minister Keir Starmer of being "out...

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Council tax crisis as British households trapped in £7.4billion debt black hole: 'People can't pay!'

Council tax crisis as British households trapped in £7.4billion...

Council tax arrears across England have reached an unprecedented £7.4billion, with...

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Morrisons issues major update to customers after store closures announcement - full list

Morrisons issues major update to customers after store...

Morrisons has confirmed a major change to its hundreds of supermarkets in a win...

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Net zero drive continues as two major solar farms approved by Labour

Net zero drive continues as two major solar farms approved...

Labour has approved two major solar energy installations, with ministers confirming...

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Andy Burnham issues triple lock update amid huge uncertainty for state pensioners

Andy Burnham issues triple lock update amid huge uncertainty...

Andy Burnham has appeared to reaffirm his support for the state pension triple lock,...

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Tony Blair issues last-ditch plea to Andy Burnham amid market panic over would-be PM's plans

Tony Blair issues last-ditch plea to Andy Burnham amid...

Sir Tony Blair has issued a last-ditch plea to Andy Burnham amid markets' panic...

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'You never quite feel settled': Pensioner, 85, opens up about renting in retirement

'You never quite feel settled': Pensioner, 85, opens up...

After years of worrying she could be asked to leave her home at short notice, 85-year-old...

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Andy Burnham risks Donald Trump’s fury by making Ed Miliband Chancellor, US President’s team warns

Andy Burnham risks Donald Trump’s fury by making Ed Miliband...

Andy Burnham could risk the wrath of Donald Trump by making Ed Miliband his Chancellor,...

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HMRC confirms major mileage tax change impacting millions for first time

HMRC confirms major mileage tax change impacting millions...

HMRC has unveiled a new mileage allowance as part of a wider package of tax changes...

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Andy Burnham ally's 'double death tax' proposal could leave middle class families with £96,000 bill

Andy Burnham ally's 'double death tax' proposal could leave...

Millions of families across Britain could face tax bills of up to £96,000 under...

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Ed Miliband's bid to become Chancellor at risk as locals plot countryside coup

Ed Miliband's bid to become Chancellor at risk as locals...

Ed Miliband’s dreams of No11 are at risk as locals in his own backyard are plotting...

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State pensioners could boost tax-free income to £21,330 using two HMRC rules

State pensioners could boost tax-free income to £21,330...

State pensioners could increase the amount of income they receive tax-free to as...

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Aldi shoppers warned as supermarket to close doors early in some UK stores

Aldi shoppers warned as supermarket to close doors early...

Aldi shoppers are being urged to check their local store's opening hours after the...

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Labour's £13 minimum wage to cause widespread job losses and higher inflation

Labour's £13 minimum wage to cause widespread job losses...

Two of Britain's biggest business organisations have warned Labour's planned increases...

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Sky agrees £1.6billion takeover of ITV entertainment to create Britain's largest commercial broadcaster

Sky agrees £1.6billion takeover of ITV entertainment to...

Sky has reached an agreement to purchase ITV's media and entertainment division...

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Soaring energy costs 'putting one in ten factories at risk' as UK faces £85 BILLION hit to economy

Soaring energy costs 'putting one in ten factories at risk'...

More than one in ten factories could face closure if Britain’s sky-high electricity...

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Major bank launches free £300 cash bonus in new savings account deal - are you eligible?

Major bank launches free £300 cash bonus in new savings...

The Co-operative Bank has unveiled what it describes as its most generous switching...

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Andy Burnham warned against raising taxes ‘for the sake of clobbering people’ by suspended Labour rebel

Andy Burnham warned against raising taxes ‘for the sake...

Andy Burnham has been cautioned against raising taxes “for the sake of it” by former...

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Andy Burnham plots tax raid on middle class with more than 150,000 families to suffer four-figure hikes

Andy Burnham plots tax raid on middle class with more than...

Andy Burnham is plotting a tax raid on Britain's middle classes as more than 150,000...

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Taxpayers forking out eye-watering £25MILLION-a-week to pay for benefits cheats’ claims

Taxpayers forking out eye-watering £25MILLION-a-week to...

Benefits fraudsters who conceal their savings and assets are draining more than...

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Entrepreneur reveals how growing up in a holiday park helped build his £500m camping business empire

Entrepreneur reveals how growing up in a holiday park helped...

Dan Yates was born into camping. Raised above the clubhouse of his parents' Devon...

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State pensioners can claim free £180 TV licence by applying for DWP benefit in just 16 minutes

State pensioners can claim free £180 TV licence by applying...

State pensioners aged 75 and over who receive Pension Credit can claim a free TV...

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EasyJet shares soar after £5.5billion takeover approach wins board backing

EasyJet shares soar after £5.5billion takeover approach...

EasyJet shares have surged by 12 per cent in early trading after the budget airline...

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Britain's unemployment crisis set to see FOUR Year 6 students per class live a life on benefits

Britain's unemployment crisis set to see FOUR Year 6 students...

A report released today will warn that the equivalent of four pupils in every Year...

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Martin Lewis warns £30billion in lost pensions is waiting to be claimed

Martin Lewis warns £30billion in lost pensions is waiting...

Martin Lewis has warned around £30billion is sitting unclaimed in lost pension pots...

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Major British meat supplier crashes into administration with 130 jobs at risk

Major British meat supplier crashes into administration...

Holmesterne Foods, a long-established North Yorkshire meat supplier that operated...

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'HMRC need to fix this!' Pensioners warned over tax return error that could leave 1.7 million overcharged

'HMRC need to fix this!' Pensioners warned over tax return...

HM Revenue and Customs (HMRC) has admitted a significant administrative error that...

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Global recession looms as IMF warns oil prices could hit $130 per barrel as UK GDP growth downgraded

Global recession looms as IMF warns oil prices could hit...

A global recession threatens the worldwide economy as oil prices risk surging towards...

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Lloyds Bank confirms £50 rule change to hit THOUSANDS of bank accounts next month

Lloyds Bank confirms £50 rule change to hit THOUSANDS of...

Lloyds Bank is axing a popular overdraft benefit that thousands of account holders...

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Households earning £60,000 could be missing out on an extra £35,562 as wealth gap grows

Households earning £60,000 could be missing out on an extra...

Britons earning up to £60,000 a year could be missing out on tens of thousands of...

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UK borrowing costs surge as investors spooked by 'King of the North' Andy Burnham

UK borrowing costs surge as investors spooked by 'King...

UK Government borrowing costs climbed sharply on Friday morning as fresh concerns...

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NS&I announces rate hikes for Premium Bonds and multiple savings accounts - full list here

NS&I announces rate hikes for Premium Bonds and multiple...

National Savings and Investments (NS&I) has confirmed a Premium Bonds prize fund...

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British Gas to pay £20million compensation to thousands of customers after prepayment meter scandal

British Gas to pay £20million compensation to thousands...

British Gas is set to pay a £20million settlement to thousands of customers impacted...

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The first Briton to donate more than £1billion in a year to charity revealed

The first Briton to donate more than £1billion in a year...

Sir Chris Hohn has become the first billionaire in Britain to donate more than £1billion...

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Pound plummets to one-month low amid panic after Andy Burnham confirms he'll stand for Parliament

Pound plummets to one-month low amid panic after Andy Burnham...

The pound fell to a one-month low last night after Andy Burnham confirmed he would...

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DWP benefits crackdown: Universal Credit, PIP and Pension Credit among payments under fresh review

DWP benefits crackdown: Universal Credit, PIP and Pension...

The Department for Work and Pensions (DWP) has confirmed five major benefits will...

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Pension warning issued as half a million savers empty retirement funds

Pension warning issued as half a million savers empty retirement...

Nearly half a million pension savers emptied their retirement funds entirely upon...

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Civil servants collecting pensions above £150,000 as taxpayer bill hits 'unaffordable' £7billion

Civil servants collecting pensions above £150,000 as taxpayer...

For the first time in recorded history, retired civil servants are collecting annual...

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Store closures update: UK high street could lose up to 60 Post Office branches in major restructuring

Store closures update: UK high street could lose up to...

Dozens of Post Office branches inside former WH Smith stores could shut under major...

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Retirees warned you're 'paying more tax than you need to' as 500,000 rush to withdraw pension savings

Retirees warned you're 'paying more tax than you need to'...

Hundreds of thousands of retirees could be paying far more tax than necessary when...

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UK clothing manufacturer shuts down after 40 years of business: 'Difficult situation!'

UK clothing manufacturer shuts down after 40 years of business:...

A UK clothing manufacturer is the latest business to close for good, with all its...

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HMRC warning as families could be denied 50 per cent of pensions for up to 15 months under new laws

HMRC warning as families could be denied 50 per cent of...

Bereaved families could face long delays accessing pension money left behind by...

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HMRC alert: 'Unexpected' tax bills blindside Britons as thousands miss deadline

HMRC alert: 'Unexpected' tax bills blindside Britons as...

Accountants are sounding the alarm over the rise in businesses and self-employed...

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Pension savers born in these years urged to act or risk being locked out of retirement funds

Pension savers born in these years urged to act or risk...

Pension savers born in certain years could be blocked from accessing their retirement...

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Octopus Energy to offer free electricity when power surges on the grid

Octopus Energy to offer free electricity when power surges...

Octopus Energy is expanding its free electricity scheme for customers during periods...

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Red Arrows in turmoil as British firm behind next generation of jets collapses

Red Arrows in turmoil as British firm behind next generation...

Aeralis, a British aerospace firm developing a successor to the Red Arrows' jets,...

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State pension warning as 'vast majority' to be hit with income tax bills despite Labour pledge

State pension warning as 'vast majority' to be hit with...

Millions of pensioners could soon find themselves paying income tax on their state...

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Britain's old oil capital risks being abandoned by Labour 'sleepwalkers', business chief warns

Britain's old oil capital risks being abandoned by Labour...

For decades, it was Europe’s capital of oil. With unrivalled knowledge on operating...

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Major bank launches current account with £9,000 worth of rewards including airport lounges and subscriptions

Major bank launches current account with £9,000 worth of...

Revolut has launched its most expensive premium account to date, offering customers...

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Tesco boss handed £10.8million pay package as millions of Britons skip meals

Tesco boss handed £10.8million pay package as millions...

Tesco chief executive Ken Murphy received a total remuneration package worth £10.8million...

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HMRC confirms state pensioners earning over £35,000 face clawback through higher tax bills

HMRC confirms state pensioners earning over £35,000 face...

HM Revenue and Customs (HMRC) has confirmed state pensioners earning more than £35,000...

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DWP crisis as nearly £10BILLION lost to benefit payment fraud and errors

DWP crisis as nearly £10BILLION lost to benefit payment...

The Department for Work and Pensions (DWP) has published its annual Fraud and Error...

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State pension tax CONFIRMED as 'vast majority' of retirees to miss out on Rachel Reeves's relief

State pension tax CONFIRMED as 'vast majority' of retirees...

Research published today by pension specialists LCP reveals that Chancellor Rachel...

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HMRC issues inheritance tax update ahead of 'nightmare' raid on pension savings

HMRC issues inheritance tax update ahead of 'nightmare'...

HM Revenue and Customs (HMRC) has issued an update on the upcoming inheritance tax...

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Business Secretary announces electricity discounts of £420 million

Business Secretary announces electricity discounts of £420...

Peter Kyle would not comment on whether firms could expect to see tax increases...

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Watchdog’s car finance scheme could short-change consumers, MPs say

Watchdog’s car finance scheme could short-change consumers,...

A new report from the All-Party Parliamentary Group on fair banking calls on the...

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Stocks struggle despite manufacturing improvement

Stocks struggle despite manufacturing improvement

UK manufacturing output expanded for the first time in a year in October, according...

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Business news live - Banks bet on interest rate cut this week and UK household bills rise 8% in a year

Business news live - Banks bet on interest rate cut this...

Stock market news plus latest business and personal finance updates from Monday

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Manufacturing production increases after JLR factory restart

Manufacturing production increases after JLR factory restart

Manufacturers also pointed towards subdued UK demand amid caution ahead of the autumn...

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BP accelerates overhaul with higher asset sale target as profits beat forecasts

BP accelerates overhaul with higher asset sale target as...

The oil giant reported third quarter underlying replacement cost profits of 2.21...

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First new Amazon electric heavy goods vehicles hit UK roads

First new Amazon electric heavy goods vehicles hit UK roads

The online giant said it would eventually have 160 eHGVs, the largest number of...

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Farage says substantial tax cuts ‘not realistic’

Farage says substantial tax cuts ‘not realistic’

The Reform UK leader used a speech in London on Monday to promise sweeping deregulation,...

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Scale of workplace violence and abuse ‘shocking and unacceptable’, says charity

Scale of workplace violence and abuse ‘shocking and unacceptable’,...

The Suzy Lamplugh Trust commissioned polling to assess workers’ experiences and...

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More than 55,000 UK firms in severe distress, research shows

More than 55,000 UK firms in severe distress, research...

Experts have warned that the upcoming autumn Budget ‘must deliver urgent support...

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AB Foods considers spinning off Primark after annual profits fall

AB Foods considers spinning off Primark after annual profits...

Associated British Foods announced a review of the structure of the group alongside...

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Economy warning: Debt crisis 'something to be concerned about' as UK borrowing grows faster than any advanced nation

Economy warning: Debt crisis 'something to be concerned...

Britain’s borrowing has risen faster than any other major developed country over...

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Dawn Neesom issues stark warning as 'ordinary workers' could be slammed by Labour's tax plans: 'Ridiculous!'

Dawn Neesom issues stark warning as 'ordinary workers'...

Dawn Neesom has issued a stark warning over Labour’s tax plans, saying ordinary...

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Pension warning as 700,000 retirees face payment delays amid £239million contract chaos

Pension warning as 700,000 retirees face payment delays...

More than 700,000 retired civil servants could see their pension payments disrupted...

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NS&I announces Premium Bonds winners for November 2025 - who took home the £1million prize?

NS&I announces Premium Bonds winners for November 2025...

NS&I has confirmed the winning bond numbers for November 2025 with savers being...

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Rachel Reeves eyes DOUBLING council tax bills for over one million homes - with top bands hitting £10,000 a year

Rachel Reeves eyes DOUBLING council tax bills for over...

Chancellor Rachel Reeves is exploring proposals to double council tax rates for...

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'UK must act fast or fall behind' warns Coinbase executive

'UK must act fast or fall behind' warns Coinbase executive

A leading figure at cryptocurrency exchange Coinbase has issued an urgent warning...

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'It's the beginning of the end!' Stephen Dixon opens up about Rachel Reeves' Budget - and a 'theory' he has about Keir Starmer's Cabinet

'It's the beginning of the end!' Stephen Dixon opens up...

Presenter Stephen Dixon shared that he "really doesn't know" what to expect from...

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'It's transformed our retirement': Couple shares side hustle that makes an extra £636 a month

'It's transformed our retirement': Couple shares side hustle...

A Banbury couple say they’ve found a simple way to boost their income in retirement...

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Council tax warning as Rachel Reeves considers higher tax bands in Budget raid on property wealth

Council tax warning as Rachel Reeves considers higher tax...

Chancellor Rachel Reeves is expected to introduce new council tax bands for expensive...

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Pensioners to be 'clobbered' with £1,000 tax hit as Rachel Reeves accused of 'mental gymnastics' over Budget plans

Pensioners to be 'clobbered' with £1,000 tax hit as Rachel...

Pensioners could be left more than £1,000 worse off under Rachel Reeves’ reported...

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'Missed opportunity': Free bus pass plans scrapped as Labour makes U-turn

'Missed opportunity': Free bus pass plans scrapped as Labour...

Plans to give free bus travel to under-22s across England have been scrapped, with...

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Rachel Reeves slammed as 'reckless' as she plots NEW £4billion tax raid on pension perks

Rachel Reeves slammed as 'reckless' as she plots NEW £4billion...

Chancellor Rachel Reeves faces mounting pressure over proposals for a pension tax...

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'Foreign money' to wipe out 'generations of blood, sweat and tears', farmer warns

'Foreign money' to wipe out 'generations of blood, sweat...

Farmer and pumpkin patch owner Jonathan Lukies has warned that generations of "blood,...

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Savings warning to all Britons with £10,000 in bank savings accounts

Savings warning to all Britons with £10,000 in bank savings...

UK savers with £10,000 in low-interest bank accounts are missing out on potential...

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Best savings accounts of the week: Savers urged to 'shop around' as account offers 7.5% rate - full list

Best savings accounts of the week: Savers urged to 'shop...

Britons are being urged to enjoy "real returns" on their savings account by switching...

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UK unemployment rate to hit 5% next year as Rachel Reeves £25billion 'jobs tax' bites Britain

UK unemployment rate to hit 5% next year as Rachel Reeves...

Britain’s unemployment rate is expected to rise to five per cent by early next year...

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Car finance scandal compensation scheme is 'unfit for purpose' as millions of drivers could lose out

Car finance scandal compensation scheme is 'unfit for purpose'...

Experts are warning that the proposed car finance compensation scheme is "unfit...

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Hundreds of pubs go bust as Rachel Reeves’ tax hikes sparks highest insolvency rise in a DECADE

Hundreds of pubs go bust as Rachel Reeves’ tax hikes sparks...

One-in-eight UK pubs are at risk of closure following Rachel Reeves' tax reforms,...

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HMRC urged to make cost changes impacting petrol, diesel and electric cars as drivers face 'nightmare'

HMRC urged to make cost changes impacting petrol, diesel...

Industry specialists are urging the Government to provide enhanced clarity on electric...

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British households now face £1.28million tax bill over lifetime

British households now face £1.28million tax bill over...

British households now face a lifetime tax bill of £1.28million, with income tax...

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Millions of pensioners to receive £300 automatic payment from DWP this month - check who's eligible

Millions of pensioners to receive £300 automatic payment...

Millions of older people across the UK will receive financial support to help with...

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Rachel Reeves issued urgent tax warning as Budget VAT hike would hit elderly and rural Britons hardest

Rachel Reeves issued urgent tax warning as Budget VAT hike...

Dozens of taxi companies have called on Chancellor Rachel Reeves to avoid introducing...

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Rachel Reeves could axe Motability benefits to prevent drivers receiving 'luxury cars'

Rachel Reeves could axe Motability benefits to prevent...

Chancellor Rachel Reeves could consider removing leases for "luxury cars" from the...

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Traditional British sports 'under threat' as Rachel Reeves plans £1billion betting tax hike

Traditional British sports 'under threat' as Rachel Reeves...

Rachel Reeves has been warned that any betting tax rises will cripple traditional...

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Pound PLUMMETS and Ftse loses £22bn after Rachel Reeves hints at tax rises in pre-Budget speech

Pound PLUMMETS and Ftse loses £22bn after Rachel Reeves...

The pound plummeted to a nearly seven month low and £22billion has been wiped out...

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Aldi to open 16 new supermarket stores before Christmas - full list here

Aldi to open 16 new supermarket stores before Christmas...

Aldi has announced plans to open 16 new stores in the lead-up to Christmas as part...

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Rachel Reeves plots tax hikes as Britons 'fear' Budget 2025 - full list of FIVE HMRC raids coming your way

Rachel Reeves plots tax hikes as Britons 'fear' Budget...

Chancellor Rachel Reeves is widely expected to break Labour's manifesto promise...

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Pensioners warned of 'inevitable' tax hike as Rachel Reeves makes 'hard and serious' choice

Pensioners warned of 'inevitable' tax hike as Rachel Reeves...

Speculation is mounting that Chancellor Rachel Reeves may abandon Labour's election...

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Bank of England told it 'must do so much more' to tackle climate change

Bank of England told it 'must do so much more' to tackle...

Wildlife conservation organisation WWF has warned that the Bank of England must...

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