Money Moves

Nationwide, the UK’s largest building society, has announced that it will keep all 696 of its branches open until at least 2030. This decision represents a two-year extension of its previous commitment made in 2023. The announcement follows an increase in branch customers over the past year, which contrasts with the widespread trend of branch […]

The Liberal Democrats are advocating for a 5% reduction in VAT, proposing to lower the rate from 20% to 15%. This initiative aims to support the struggling hospitality sector in the UK, which includes pubs, restaurants, and entertainment venues. Deputy leader and Treasury spokesperson Daisy Cooper has emphasized that this fiscal measure could enhance foot

China is currently experiencing significant economic challenges, particularly in relation to domestic consumption. The government is urging the younger generation to increase spending to support economic growth, but it has encountered resistance. Youth unemployment is reported at around 20%, and many young adults feel insecure in their jobs or struggle to find stable employment. The

UK Children’s Laureate Frank Cottrell-Boyce has raised concerns about the effect of YouTube programming on children’s development, referring to it as “sedation” rather than true entertainment. During an inquiry by the culture, media, and sport committee, he criticized platforms like CoCoMelon, a popular YouTube Kids channel, for providing an overwhelming amount of information without the

Authorities have conducted targeted raids on high street shops, resulting in the arrest of over 920 individuals. These operations aimed to address various criminal activities associated with retail spaces. The increase in police activity in these areas raises questions about the underlying issues prompting such a large-scale response. It remains unclear whether specific incidents or

The government has announced a reassessment of its decision to deny compensation for women affected by changes to the state pension age. This reevaluation comes in response to claims from campaigners that 3.6 million women born in the 1950s were inadequately informed about the adjustments made to align their pension age with that of men.

Andrew Mountbatten-Windsor is in the process of closing some of his remaining business interests, specifically Pitch@Palace Global Ltd. This initiative was modeled as a start-up competition where entrepreneurs could pitch their ideas to investors, and it was previously considered a potential income source for the former prince after he lost financial support from the King.

Recent statistics reveal that some learner drivers in the UK have faced significant challenges in passing their driving theory tests. One individual reportedly failed the test 128 times, incurring an estimated cost of £3,000. Another candidate succeeded on their 75th attempt, which cost approximately £1,700. The driving theory test was introduced nearly 30 years ago

Lloyds Banking Group reportedly analyzed data from the personal bank accounts of over 30,000 employees during its pay negotiations. The UK’s largest lender used information about employees’ spending habits, savings rates, and salary increases for its lowest-paid workers, comparing this data to the financial situation of the general public. The analysis aimed to assess how

Workers at Leonardo, a major defense firm, have confirmed plans for strike action set to commence on November 12. Approximately 3,000 employees at the company’s Yeovil facility, the sole helicopter factory in the UK, voted to strike after rejecting a recent pay offer from management. The Unite union, representing the workers, has urged Leonardo to