Money Moves

The Trades Union Congress (TUC) has raised concerns regarding the Office for Budget Responsibility (OBR), suggesting that it might hinder economic growth and should undergo modernization. This comes ahead of Chancellor Rachel Reeves’s upcoming autumn budget scheduled for November 26. The TUC argues that the OBR could act as a “straitjacket” on living standards due […]

Business Secretary Peter Kyle has expressed support for transitioning to electric arc furnace technology at the state-controlled British Steel plant. This shift poses implications for the future of the UK’s last remaining blast furnaces as the government aims to publish a new steel strategy by December. The introduction of electric arc furnaces at the Scunthorpe

West Northamptonshire Council is hosting a series of money and wellbeing roadshows aimed at assisting residents in managing the challenges associated with winter. These events will unite various organizations to provide practical advice ranging from home energy efficiency to debt support and mental health resources. The roadshows are part of a broader initiative to enhance

An Essex couple, Terrence and Lesley Bridges, have begun testing a novel heating system that utilizes a data center located in their garden shed. This initiative marks them as the first participants in the UK to implement this technology. Their energy expenses have significantly declined from £375 to approximately £40 to £60 monthly after replacing

Food delivery riders in the UK, including many migrants, face challenging working conditions and low pay while working for platforms like Deliveroo, Just Eat, and Uber Eats. Riders such as Marina, Adam, and Mohammed express concerns about their earnings and treatment. Marina, who balances two jobs to support her daughters, reports earning more from cleaning

A recent inquiry conducted by a cross-party committee of MPs has concluded that nature is not an obstacle to housing development, contrary to assertions made by government ministers. Toby Perkins, the Labour chair of the Environmental Audit Committee, emphasized that nature should not be seen as a hindrance but as an essential component for creating

Keir Starmer has been cautioned that nearly half of the jobs lost since Labour came to power are held by individuals under 25, raising concerns about a potential “lost generation.” Recent analysis by the Guardian indicates that the rise in UK unemployment, reaching levels not seen since the Covid pandemic, is significantly impacting youth employment.

Youth unemployment in the UK has reached its highest level since the Covid-19 pandemic, with a jobless rate of 15.3% among those aged 16 to 24, the highest in a decade when excluding the peak during the autumn of 2020. This rise in unemployment is attributed to several interrelated factors impacting the UK jobs market.

For many years, the British public has expressed a preference for tax increases to occur discreetly rather than through transparent methods. This sentiment has influenced chancellors from Nigel Lawson onward, leading to an ongoing reliance on indirect taxation. Among these are stamp duty and capital gains tax, both of which have the effect of discouraging

Andrew, a writer from Essex in his mid-30s, describes his financial situation as precarious despite being considered middle class. He has approximately £4,000 in savings and the same amount in stocks and shares, but faces monthly expenses of at least £2,800, which include a mortgage and childcare fees. He has managed to save £30,000 in