Money Moves

Eastern Airways, a UK regional airline, is facing potential insolvency, which may jeopardize numerous jobs. On Monday, the airline filed a notice of intention to appoint an administrator, a formal action that allows for up to 10 days of legal protection from creditors while the company explores restructuring or rescue options. This announcement has already […]

Hundreds of families in Northern Ireland have reportedly had their child benefit payments halted after returning through Dublin airport. This situation arises from a new government anti-fraud initiative that aims to track individuals leaving the country, specifically focusing on those who do not return within eight weeks. This has led to alerts at HM Revenue

Offshore energy company Petrofac has initiated the process of filing for administration. The firm, which employs approximately 2,000 individuals in Scotland, confirmed that its North Sea operations will continue as usual during this period. In an official statement, Petrofac announced its intention to appoint administrators for its holding company while also exploring various restructuring alternatives.

Rachel Reeves, the UK Chancellor, is scheduled to meet with officials from Saudi Arabia and Qatar on Monday and Tuesday, marking the first visit to the Gulf by a UK chancellor in six years. Her trip will coincide with the Future Investment Initiative (FII) in Riyadh, which is often referred to as the “Davos in

Adam Root, an engineer from Saffron Walden, Essex, has developed filters to remove microplastics from water discharged by washing machines and industrial units. His invention emerged from a project that started at his mother-in-law’s dining table, and he is now a finalist for a global award, the Earthshot Prize, which recognizes innovative solutions to environmental

A report by the Home Affairs Committee has criticized the Home Office for wasting significant taxpayer funds on asylum accommodations, attributing this to flawed contracts and ineffective delivery methods. According to the committee, the department’s inability to manage an increased demand for housing has led to a dependence on hotels, which were originally intended to

A mother from Norwich, Amy, has reported an incident where her three-year-old daughter’s hair was pulled out by an electric cleaning brush she purchased online for £4. The incident occurred shortly after the brush, which Amy intended to use for housework, was taken out of its packaging by her daughter. According to Amy, the brush

The UK government is under scrutiny for potentially owing tens of millions of pounds to suppliers involved in upgrades to three prisons—HMP Birmingham, HMP Liverpool, and HMP Guys Marsh. The lead contractor, ISG, entered administration in September, leaving at least 40 companies reportedly awaiting payment for their services. These companies argue that they should have

Kyle, a resident of a three-bedroom house in Greater Manchester, reported the presence of mould in his home soon after moving in with his pregnant wife and two children. Despite cleaning the mould repeatedly, it returned and spread through the house, affecting plug sockets and forcing the family to discard belongings. They eventually resorted to

Average private rents in Great Britain have reached new highs, according to data from property website Rightmove. In the third quarter of this year, the typical rent for properties coming onto the market outside London was £1,385 per month, marking a record increase. In London, the average rent climbed to £2,736. Rightmove reported that this