Campaigners are calling for a major change to the council tax system in a new petition. The petition, on the Parliament website, states that council tax should be reformed so it is based on occupancy rather than the size of the property. The message says: “We petition for council tax reform based on occupancy. We […]

A bill to make the DWP set out plans for compensating women affected by the WASPI (Women against state pension inequality) issue is to have its second reading in Parliament. The bill was introduced by SNP MP Alan Brown, who thinks the WASPI women should get compensation of £10,000 or more. He told MPs when […]

Rent rises are surging at a new record rate of 9.2 percent a year and leaveing people struggling to keep a roof over their heads. The figure relates to the 12 months for the year ending in March and is up by the previous high of 9 percent in February. The figures are the highest […]

An MP backing the WASPI campaign (Women against state pension inequality) has pledged to continue putting pressure on the Government to grant compensation. Wendy Chamberlain, Liberal Democrat Work and Pensions spokesperson, has led fresh calls for a debate and vote on the issue, co-signing a cross-party letter to Commons leader Penny Mordaunt, urging her to […]

Coventry Building Society has announced increases to its fixed rate home loans amid fears the Bank of England will delay cuts in the base rate. Brokers say this is likely to be the first of a number of increases by lenders amid continuing volatility in the mortgage market. Figures from the Office for National Statistics […]

Chancellor Jeremy Hunt has raised the possibility of further tax cuts before the next general election. He has fuelled speculation that he might announce a third 2p cut in the rate of National Insurance on working Britons. Two earlier cuts announced in the autumn and the spring are predicted to save workers some £900 a […]

Ladbrokes and Coral owner Entain says that takings at its UK and Ireland division have fallen 7% due to Government measures aimed at making gambling safer. It said that net gaming revenues from its UK and Irish betting shops had fallen 6% during the first quarter, while its online takings had dropped 9%. It blamed […]

Savers pulled money out of almost 750,000 pension pots in the 2022/23 tax year, as they battled to survive the cost-of-living crisis, according to the latest Retirement Income market update from City regulator the Financial Conduct Authority (FCA). Of these, 420,727 pots were completely emptied, an increase of six percent from 395,235 the previous year. […]

Over 50s specialist Saga has cut its annual pre-tax losses by more than half to £129million, with strong performances from its travel and cruises businesses. Chief executive Mike Hazell said that Saga had put in a strong performance for the 12 months to the end of January, after seeing its revenues climb 12% to £741.1million, […]

Royal Mail’s parent company International Distributions Services has rejected a takeover approach from its largest shareholder, Czech billionaire Daniel Kretinsky. IDS, which has a market value of £2.1billion, received an offer from Kretinsky’s EP Group investment vehicle earlier this month. EPG already owns 27.5 percent of IDS and although its cash offer was rejected, it […]