Money Moves

During a strike by RMT tube drivers, many commuters in London experienced significant disruptions, revealing the critical role these drivers play in the city’s transportation system. This situation raises questions about the potential for increased wages and reduced working hours for the drivers to ensure smoother operations. A separate concern was raised by a correspondent […]

Chancellor Rachel Reeves is scheduled to present the government’s Budget on November 26, outlining plans for the economy. There are indications that she may need to increase taxes or reduce spending to adhere to established borrowing rules. Prior to the 2024 general election, the Labour Party committed not to raise income tax, National Insurance, or

Emma Vardy, a presenter for BBC Breakfast Business, has shared several practical tips for consumers seeking to address issues with customer service. Her advice focuses on ensuring that complaints are effectively heard and resolved. First, she emphasizes the importance of staying calm and polite during interactions with customer service representatives. This approach can help facilitate

Rupert Murdoch, known for establishing a significant media empire that includes Fox News and the Wall Street Journal in the U.S., as well as The Sun and The Times in the U.K., has made statements regarding the future direction of his businesses. A former senior executive recounted that Murdoch expressed a desire for his children

In August, inflation in the United States increased at its highest rate since the start of the year, just before an important Federal Reserve meeting to determine future interest rate policies. The US Labor Department reported that consumer prices rose by 2.9% over the year, an increase from 2.7% the previous month. The Federal Reserve

Jaguar Land Rover (JLR) has announced that its factories in the UK will remain closed until at least next week due to a cyber attack that was discovered on September 1. The incident resulted in the shutdown of production at its facilities in Solihull, Halewood, and Wolverhampton, affecting the company’s usual output of approximately 1,000

John Lewis has reported that its losses almost tripled in the first half of the year, driven largely by the financial impact of dealing with waste packaging and increased National Insurance Contributions (NICs). The employee-owned business, which operates John Lewis department stores and Waitrose supermarkets, indicated that losses before tax and exceptional costs rose to

Peter Mandelson, the recently dismissed ambassador to the US, has a long history in British public life spanning over three decades. Once known as the “Prince of Darkness,” he played a significant role in the rejuvenation of the Labour Party during the mid-1980s alongside figures like Tony Blair and Gordon Brown. At the outset of

Upper Don Community Energy (UDCE) is a community initiative aimed at assisting households in Sheffield manage high energy bills. Launched in September 2023, the project has already supported over 60 residences by implementing measures to reduce draughts and enhance insulation, with plans to aid an additional 50 households in the Upper Don area. The organization

A grant of £160,000 has been made available for organizations to assist vulnerable individuals during the winter months. The funding, provided by the government, will be distributed by Plymouth City Council in amounts ranging from £2,100 to £5,350 to eligible non-profit groups. According to a statement from Councillor Chris Penberthy, the purpose of these grants