He said if it was just the unemployment figures that had moved he would say it’s still best to hold off dropping the rates, but given the inflation figures as well, now is the time to drop the rates. The Bank will announce its next base rate decision on May 9. A drop in interest […]
A Brit couple was left stunned after they received a massive five-figure energy bill for their tiny one-bedroom home. British Gas told Katie Coyne, 60, and her husband Richard, 64, that they had racked up a £57,000 bill on gas and electric in a single month, and were given just weeks to pay the eye-watering […]
White collar recruitment giant Hays says that its third quarter fees have plunged 17 percent due to employers taking longer to hire both temporary and permanent staff. Chief executive Dirk Hahn, who succeeded longtime incumbent Alistair Cox in September, said that the uncertain economic environment had hit the confidence of both candidates and employers. As […]
HMRC has explained how tax codes will change for those affected by changes to Child Benefit. As announced in the Spring Budget, the income threshold for the High-Income Child Benefit Charge has increased from £50,000 to £60,000, with the taper limit at which all the benefit has to be repaid now at £80,000. A dad […]
Dr Martens’ shares lost a third of their value after it warned that tough trading in the US and rising costs could slash its annual profits by two thirds. Aside from the warning in its full year trading update, Dr Martens said that its chief executive Kenny Wilson is to leave the company after six […]
Businesses are struggling to achieve their environmental sustainability commitments – as the cost-of-living and inflation continue to bite. Research, into 1,400 decision makers from businesses with up to 1,000 employees, found one in four identified the global economic downturn as having a negative impact on their environmental efforts. And 28 percent cited the perceived cost […]
The value of weather-related damage insurance claims surged to an all-time high of £573 million last year. The figure was up by 36 percent on 2022 and was largely fuelled by the succession of storms, including Babet, Ciaran and Debi that struck last autumn. Homeowner’s storms damage claims – high winds and debris – totalled […]
A surge in the availability of second hand cars, including a flood of cheaper used electric vehicles, is driving a sales boom. The number of used cars sold in 2023 was up some 350,000 on the year before, according to new analysis. This pushed the number of transactions up to 7,242,692, according to figures from […]
A state pensioner who had to do battle with three Government departments to secure her owed back-payments is receiving £1,000. Express.co.uk previously spoke to the 90-year-old and her family, as she was one thousands of women entitled to back-payments due to an error with Home Responsibilities Protection. The family told us in an update on […]
One in five first-time buyers in the UK don’t think they will be able to buy until at least their forties, new research has found. A shocking 20 percent of Brits will be left without their own first home into their forties, a significant increase on the current average first-time buyer age (33). Similarly around […]
