Money Moves

Rockstar Games, the developer behind the Grand Theft Auto series, faces allegations from the Independent Workers’ Union of Great Britain (IWGB) regarding the dismissal of 31 employees at its UK studios. The union claims these firings, which occurred on October 30, were an effort to thwart unionization efforts among staff. In response to the accusations, […]

There is notable activity outside the Bank of England, where city workers are enjoying mild weather during their lunch breaks. Inside the Bank, a significant decision was recently made to maintain interest rates at 4%. This choice was reached by a narrow margin, with the interest rate panel indicating that inflation may have peaked. Governor

Simon Roberts, Chief Executive of Sainsbury’s, has expressed concerns regarding potential tax increases proposed by Rachel Reeves, warning that such measures might exacerbate inflation. He indicated that shoppers are currently cautious with discretionary spending, largely due to prevailing economic uncertainties and tight household budgets. To address this, Sainsbury’s brand Argos has initiated its Black Friday

The UK government has decided to abandon plans for a cash grant competition aimed at funding innovative new steel projects, which was part of a broader strategy to support the steel industry. However, officials maintain their commitment to a £2.5 billion investment in the sector, indicating that alternative funding avenues will be available for businesses.

Rachel Reeves is exploring the potential implementation of a pay-per-mile tax specifically for electric vehicles (EVs), with plans to announce details in the upcoming budget on November 26. The proposed charge would be set at 3 pence per mile, adding an estimated £250 per year to the average expense for EV drivers. This initiative aims

A new credit union, Potters’ Bank, has launched in Stoke-on-Trent, marking the first establishment of its kind in the area in over ten years. This initiative, spearheaded by businessman James Adams in collaboration with the city council, aims to assist residents facing unexpected financial burdens, such as repairs to essential household items like cars or

Drivers of electric vehicles (EVs) may encounter a new tax in the upcoming Budget. Reports indicate that government discussions have addressed the possibility of a new levy on EVs as the Chancellor seeks additional revenue. A government spokesperson noted, “Fuel duty covers petrol and diesel, but there’s no equivalent for electric vehicles. We want a

In Devon, approximately 1,300 children who were previously ineligible now receive free school meals due to changes implemented by Devon County Council and Torbay Council, which allow families entitled to meals to automatically receive them without the need for application. This auto-enrolment initiative is anticipated to enhance support for pupils from disadvantaged backgrounds through additional

The Belém summit is currently taking place in the Brazilian Amazon, preceding the 30th United Nations climate change conference (Cop30). This meeting has gathered world leaders to emphasize the need for urgent action to address the climate crisis. The stakes are high, as a lack of proactive measures could diminish public trust in international agreements

Transportation Secretary Sean Duffy announced a planned reduction of 10% in air travel capacity at 40 major U.S. airports, effective from Friday, due to the ongoing government shutdown. This decision was influenced by increasing fatigue-related issues reported by air traffic controllers, as stated by Federal Aviation Administration (FAA) Chief Bryan Bedford during a briefing. The