Money Moves

The UK government has announced the first electric vehicles (EVs) eligible for a £3,750 discount under its grant scheme aimed at promoting the adoption of electric cars. As confirmed by the Department for Transport (DfT), the eligible models include the Ford Puma Gen-E and the e-Tourneo Courier, among others. The grant scheme is intended to […]

In July, sales of British-made cars to the United States increased by 6.8%, following the implementation of a new UK-US tariff agreement. This rise comes after three months of declining sales, according to data from the Society of Motor Manufacturers and Traders (SMMT). The tariff on UK cars was initially set at 25% by US

Parents in Guernsey report adjusting their work schedules or taking extended leave to manage the high costs of childcare during the summer holidays. A recent report revealed that summer holiday clubs typically cost parents around £1,076 per child for the six-week school break. Some families have expressed concerns that the prices charged by these clubs

Parents are increasingly utilizing school uniform recycling programs to manage the financial burdens associated with equipping their children for the school year. Such initiatives, including a community clothing hub in Kent, aim to provide affordable access to pre-worn uniforms. Participants report that purchasing uniforms can cost several hundred pounds, which might otherwise be allocated for

Education Secretary Bridget Phillipson has encouraged eligible parents to apply for expanded government-funded childcare hours set to begin in September. The initiative will allow working parents of children aged nine months to three years in England to access 30 hours of childcare per week during term time, marking the final phase of the government’s childcare

The value of small parcels shipped from China to the UK under an import tax exemption has increased significantly, rising to £3 billion last year, according to data obtained by the BBC. This surge is attributed to Chinese e-commerce platforms like Shein and Temu, which offer affordable products to UK consumers. Currently, packages valued at

Nvidia, a computer-chip designer, has seen a significant boost in revenue attributed to major technology companies looking to enhance their artificial intelligence (AI) capabilities, despite ongoing tensions between the US and China. The company reported $46.7 billion in revenue for the second quarter of the fiscal year, marking a 56% increase compared to the same

Apple has expressed concerns regarding proposed competition regulations from the UK’s Competition and Markets Authority (CMA), likening them to “EU-style rules.” Apple claims that such regulations would negatively impact both users and developers by delaying features and enhancements. The company argues that the UK’s regulations may lead to similar complications seen under EU laws, where

Lawyers for the websites 4chan and Kiwi Farms have initiated a legal case against Ofcom, the regulator responsible for enforcing the UK Online Safety Act. The lawsuit, filed in a federal court in Washington, D.C., seeks to prevent Ofcom from enforcing the Online Safety Act against these sites in the United States. The primary argument

Ryanair announced an increase in bonuses for its staff who identify oversized cabin bags. Effective November, the bonus will rise from €1.50 to €2.50 for each bag intercepted. Chief Executive Michael O’Leary explained that the change is intended to deter a small number of passengers from bringing bags that exceed the allowable size limits. He