Money Moves

A leaked report outlining the UK’s economic and fiscal outlook for the upcoming Budget reveals plans for a new tax on electric and hybrid vehicles. According to the document from the Office for Budget Responsibility (OBR), the proposed charge will take effect in April 2028, with electric car drivers expected to pay a road charge […]

Raymond Hager, a 95-year-old bus driver from Texas, has gained recognition as one of the world’s oldest active bus drivers. He continues to drive in his hometown of Wichita Falls because he enjoys the work and finds it difficult to remain at home. Hager has expressed his love for driving, stating, “I’ve always liked to

Ben Chu from the BBC examines the tax revenue generated by the UK government and the allocation of these funds. In the UK, tax income is crucial for financing public services, infrastructure, and various government initiatives. The primary sources of tax revenue include income tax, corporation tax, value-added tax (VAT), and national insurance contributions. Each

Warner Music Group (WMG) is initiating a partnership with the technology start-up Suno to develop an artificial intelligence (AI) music platform, following a previous lawsuit against the firm. This collaboration, arising from a settlement agreement, will allow users to create AI-generated music utilizing the voices and likenesses of artists who choose to participate. WMG represents

Seasonal hiring for the upcoming holidays is expected to decline, with estimates from the National Retail Federation suggesting that retailers may hire between 265,000 and 365,000 workers. This figure marks a decrease from the 442,000 seasonal positions filled last year. The reduced hiring is attributed to a variety of factors including economic caution among businesses,

Foreign tourists visiting several U.S. national parks, including the Grand Canyon and Yosemite, will be subject to an increased fee beginning in 2026, as announced by the Trump administration. The Department of the Interior stated that international visitors will need to pay an additional $100 to access 11 major parks, on top of the current

The UK government is set to announce plans to ease restrictions on new oil and gas drilling in the North Sea as part of its North Sea Strategy. Chancellor Rachel Reeves is expected to present this strategy during her upcoming Budget speech, with further details provided shortly after by the Department for Energy Security and

Editors Chris Mason and Faisal Islam analyze the implications of the upcoming Autumn Budget for 2025. They outline the various factors that policymakers must consider as the government prepares to present its financial plan. The Autumn Budget is a critical moment for economic strategy, where the government outlines its spending priorities, tax policies, and plans

The UK government has announced an increase in the minimum wage that will benefit millions of workers starting from April 1. The hourly pay for individuals over 21 will increase by 50p, bringing it to £12.71. Workers aged 18 to 20 will see an 85p rise to £10.85, while those under 18 and apprentices will

Chancellor Rachel Reeves is set to deliver this year’s Budget, a highly anticipated announcement amidst growing economic concerns. The focus of her address will be on three primary areas: reducing the cost of living, addressing NHS waiting lists, and managing government debt. These efforts are expected to come along with various tax adjustments, illustrating the