Money Moves

According to new projections from the International Monetary Fund (IMF), the UK is expected to be the second-fastest growing economy among the world’s advanced nations in 2025 and 2026, with a growth rate of 1.3% for both years. This modest growth is notable, as it places the UK ahead of most G7 countries, excluding the […]

New tariffs recently enacted in the United States target imported kitchen cabinets, vanities, lumber, timber, and certain upholstered furniture. Following a proclamation signed by President Donald Trump, a 10% tariff will now apply to imports of softwood lumber and timber, beginning this Tuesday. Additionally, imported kitchen cabinets and vanities face a 25% tariff that is

In September 2023, Javier Milei, a presidential candidate in Argentina, staged a rally in Buenos Aires, where he prominently displayed a chainsaw, symbolizing his intention to enact drastic reductions in government size and expenditure. This demonstration was set against the backdrop of Argentina grappling with severe economic challenges, including an annual inflation rate exceeding 211%

Asahi Group Holdings, Japan’s largest brewery, has recently suspended operations at a majority of its 30 factories due to a ransomware attack. The incident disrupted its ordering and delivery systems, impacting not only beer production but also accounting processes. The attack was attributed to the Russia-based ransomware group, Qilin, which has a history of targeting

In April 2026, the new state pension is anticipated to increase by over £500 annually, following the triple lock mechanism. This system ensures that the pension rises each year according to the highest of inflation, wage increases, or a fixed 2.5%. The inflation data for September 2025 will not be available until late October, but

The challenges facing living standards in the UK have intensified, significantly affecting the political landscape. Recent increases in utility bills, including an anticipated rise in water bills and a higher energy price cap of £1,755 per year, have added to the financial strain on households. Some political groups have attributed this cost of living crisis

Wage growth in the UK experienced a slight decrease during the summer months, coinciding with a minor uptick in unemployment rates. According to new data from the Office for National Statistics (ONS), annual growth in average earnings for employees was recorded at 4.7% for the three-month period ending in August, a decrease from 4.8% in

Experts have cautioned that households may face increased difficulties this autumn due to rising energy prices. Recent data indicates that some families are adapting by taking cold showers and borrowing money to meet their energy bills. Leaders from the energy charity Severn Wye predict that the situation will deteriorate further as energy costs rise by

Effective Tuesday, new fees for U.S. ships arriving at Chinese ports have been implemented amid escalating trade tensions between the United States and China. According to Chinese state media, these charges are intended to protect China’s shipping industry from what it describes as “discriminatory” measures, specifically targeting U.S.-owned, operated, constructed, or flagged vessels, while excluding

Graduate student Nicole Lobo returned to the United States in late August after a year in the UK, shipping ten boxes of belongings to Philadelphia. Six weeks later, she remains without her shipment, fearing it may have been lost or disposed of by UPS, which is currently facing challenges due to new customs regulations. In