The FTSE 100 is outperforming its European rivals and within sight of a record high. The FTSE-100 index was up 115.12 at 8010.97 at 11.45am on Monday (April 22). In February 2023, the FTSE 100 posted an all time high of 8,047. Shares have been lifted by hopes the Bank of England will cut interest […]

Next month’s Universal Credit overhaul is set to impact over 180,000 benefit claimants as the government tightens the rules. From May 13, the Administrative Earnings Threshold (AET) will increase from 15 to 18 hours a week at the National Living Wage, compelling those working fewer than 18 hours and earning under £892 a monthor couples […]

A prominent member of the Bank of England’s Monetary Policy Committee, Dave Ramsden, has voiced increased optimism regarding the UK’s inflation trajectory, hinting that it might settle at the target rate for a prolonged period, outperforming the central bank’s predictions. Ramsden pointed out the UK’s transition from an “outlier” to a “laggard” in terms of […]

Adults living alone estimate they need an annual income of at least £31,536 to cover their outgoings, and still be able to afford essentials such as food, clothes, and hygiene products, a study has found. But with the UK’s average salary of £29,669 falling somewhat short of this, many feel they are being pushed ever […]

A couple tried to switch broadband companies – and ended up facing a bill for more than £500. Julie Roberts-Marley, 52, and Simon Marley, 55, attempted to change from Sky to Virgin Media for a cheaper phone and internet deal. But the couple, from Sittingbourne, Kent, later decided to cancel the new deal after waiting […]

Why is Thames Water in trouble and will your bill go up? (Image: GETTY) Troubled Thames Water has put forward new plans to boost spending and investment in its network but warned this could see customer water bills surge by 44 percent. The group, which is battling to survive amid a funding crisis, has proposed […]

The average price tag on a home is just around £570 short of the record high reached in May last year, as per a property website. In April, the typical price of a property entering the market in Britain rose by 1.1 percent or £4,207 month-on-month, according to Rightmove. The website attributes the move towards […]

Thames Water has sounded the alarm over a potential 44 percent hike in customer bills under its new business strategy. The beleaguered utility giant has laid out ambitious plans to ramp up spending and investment in its infrastructure, but it comes with a stark warning that this could lead to a significant surge in charges […]

A new study has revealed that airlines boasting about low prices can end up being more expensive than their competitors when additional costs are factored into the headline fares. The consumer group Which? found that British Airways was cheaper than Ryanair and Wizz Air on two out of three routes analysed. The research involved a […]

The dream of retiring abroad could see Britons losing £160,000 in State Pension payments, it has emerged. The problem stems from the fact that people who have paid into their pension throughout their working lives are not guaranteed annual increases. The government decides who qualifies for the annual rise based on which country they move […]