Money Moves

A vintage 1950s van, known as the Morris J-Type, is set to return after undergoing modernization in South Wales. The updated, all-electric version, referred to as the Morris JE, will be manufactured at a new facility located in Bro Tathan, St Athan, Vale of Glamorgan. The initiative is expected to create approximately 150 skilled jobs, […]

Scottish Finance Secretary Shona Robison has announced that there will be no changes to income tax rates or the introduction of new tax bands in the upcoming Budget for next year. However, adjustments to the thresholds for existing tax bands may result in higher earners paying increased taxes. Robison stated her intention to provide “certainty”

Residents of Worcester have expressed a range of opinions regarding recent changes in the government’s Budget, particularly concerning tax increases and benefits for families. Chancellor Rachel Reeves proposed a plan to eliminate the two-child benefit cap and suggested that various tax rates could rise. Reeves encouraged “ordinary people” to take part in the economy. At

The Office for Budget Responsibility (OBR) has engaged a cyber-security expert as part of an investigation into how Budget details were released prematurely. The incident occurred when an economic forecast appeared online approximately 40 minutes before its intended announcement by Rachel Reeves, prompting a chaotic response. Journalists accessed the leaked document despite it not being

Shein, the ultra-fast fashion retailer, opened its first physical store in Paris this month, sparking a range of controversies and public backlash. This event comes as the company is reportedly preparing for an initial public offering (IPO). The scrutiny surrounding Shein raises questions about the sustainability of its business model in the face of increasing

Tyler Edwards from the BBC conducted a survey with individuals under the age of 25 in Cardiff to gather their opinions on the recent increase in the minimum wage. The increase aims to provide better financial support for low-income workers, especially in the context of rising living costs. Respondents shared their perspectives on whether the

Organisations in Dorset addressing the cost-of-living crisis have received a total of £80,000 in grants. This funding was provided by Dorset Community Foundation in collaboration with Bournemouth, Christchurch and Poole (BCP) Council and has been allocated to 23 local groups. The council indicated that the funds will support various initiatives, including the establishment of warm

Japanese beverage manufacturer Asahi announced on Thursday that a significant ransomware attack in September may have compromised the personal information of over 1.5 million customers. The company, which is a major player in Japan’s beer market, stated that the cyber incident had severely disrupted operations in its factories, necessitating manual order-taking methods. Following the attack,

In the Argentine town of Añelo, a notable transformation has occurred following the advent of fracking activities in the surrounding Vaca Muerta region. Previously a small, isolated rural community characterized by limited infrastructure, Añelo has seen its population increase from around 10,788 in 2010 to 17,893 in 2022, marking a growth of over 60%. Alongside

Chancellor Rachel Reeves recently presented her Budget, which includes a freeze on income tax thresholds, an increase in minimum wages, and the introduction of a tax aimed at high-sugar drinks, referred to as the “milkshake tax.” The changes are particularly relevant for individuals aged 25 and under. Starting in April, minimum wages will rise, with