Money Moves

Xylia Legonas was nearing the completion of her mortgage and had recently refurbished her home after a fire when she was informed about the Druids Heath regeneration project in 2023. She expressed concern upon learning that her house would be demolished as part of a larger plan to replace most of the Druids Heath housing […]

Ineos Automotive, owned by billionaire Sir Jim Ratcliffe, has announced plans to reduce its workforce by “several hundred” positions from its 1,700 employees. The cuts are set to affect head office roles across multiple locations, including the UK and parts of Europe, though the company’s automotive plant in Hambach, France, is expected to remain unaffected.

In the aftermath of World War II, Berlin underwent significant changes to prioritize automobile traffic, particularly in the capitalist west. Tramlines were removed, and bicycle access was restricted as the concept of the “autogerechte Stadt” or car-friendly city emerged. This focus on cars persisted for decades, but recently, the city has faced criticism for not

Chancellor Rachel Reeves has been preparing for the upcoming budget presentation scheduled in less than two weeks. Discussions around the budget suggest potential tax increases, which may impact Labour’s previous manifesto commitments, particularly regarding income tax. One contributing factor to these proposed changes is the anticipated revision of the UK’s productivity growth forecast by the

The latest growth figures indicate a slowdown in the UK economy, with only 0.1% growth recorded in the July-to-September quarter, falling below expectations. Additionally, the economy contracted in September, primarily due to a significant drop in car production following a cyber-attack on Jaguar Land Rover. This unprecedented decline in vehicle output was identified as a

The Scottish government plans to issue its first bonds in the financial year 2026-27, as announced by First Minister John Swinney. The timing of the bond issuance is contingent on the results of May’s Holyrood election and other influencing factors. Swinney emphasized that the bonds would be utilized to raise funds for infrastructure projects, enabling

Chris O’Shea, the CEO of Centrica, which owns British Gas, expressed concerns regarding the future of the energy industry in Scotland, noting that he has not lived in the region for decades. He highlighted the potential job losses stemming from the decline of gas and oil drilling in the North Sea and emphasized that the

The UK economy recorded a growth of 0.1% in the third quarter of this year, a figure below analysts’ expectations of 0.2%. The data, released by the Office for National Statistics (ONS), indicates that the service sector was the primary contributor to this growth. However, the production sector experienced a contraction, notably affected by a

A North Yorkshire couple, Emma and Mike, who adopted two children earlier this year, are encouraging others to consider adoption in light of a decline in adoption registrations in England. According to the charity Adoption Matters, there has been a 12% decrease in adoption registrations from 2024 to 2025, which they attribute to factors like

A charity in Birmingham, known as the Birmingham Playcare Network, is working to provide pushchairs to families in need. The organization has already secured £12,000 from four local businesses, which funds approximately 200 pushchairs. However, they are aiming to distribute at least 500. Emma Martin, the charity’s business development manager, highlighted serious issues faced by