It was certainly the last thing Rishi Sunak needed. No Prime Minister wants to go into an election with the R-word on their charge sheet. The news hardly came as a surprise. We only escaped recession a year ago by the skin of our teeth. Yet while it meets the technical definition of a recession, […]

A hotel chain boss has urged Jeremy Hunt to reform business rates to make the system fairer and more flexible. Lionel Benjamin, co-founder of AGO Hotels, told Express.co.uk, said the rates system needs an “urgent revaluation” to make it correspond to the realities of running a hotel. He said: “The Government now needs to reform […]

Thousands of university students in Scotland are set to receive an extra £2,400 this year to help with the cost of living. This “Special Support Loan” will be available on top of the standard maintenance loan and grant, which currently stand at £7,000 and £2,000 respectively. The new special support loan will increase the main […]

Economists have suggested it’s a bit “overly dramatic” to tag the UK’s economic downturn as a recession, despite the country being in a spot of ‘pause and slow growth’. Some bright sparks reckon things could be “slowly beginning to brighten”. The Office for National Statistics (ONS) revealed numbers that showed our country’s goodies and services […]

A welcome pay boost is on the way for millions of older Britons as the state pension increases 8.5 percent in April. This will apply to all state pension payments with the new rates coming into effect from April 6, when the new tax year begins. This is how the increase will apply to the […]

As the country slips into recession, leading experts told the Daily Express the Chancellor may have still enough headroom to knock £20billion off the collective tax bill and should take further measures to boost the country. Here are their suggestions to get the economy growing again. Julian Jessop is a fellow at the Institute of […]

Stormont ministers have agreed to release £688 million for long-awaited pay rises for public sector workers in Northern Ireland. Each department has been given a share and will now discuss with relevant trade unions about the pay increases that will be introduced. More than £1 billion was allocated to departments on Thursday, with an additional […]

Families have been urged to revisit their finances as the UK has gone into recession. GDP fell for the second consecutive quarter in the final quarter of 2023, dropping 0.3 percent from October to December. Karen Barrett, founder and chief executive of Unbiased, told Express.co.uk: “Whether the recession is likely to continue is impossible to […]

Individuals can pass a home to their husband, wife or civil partner when they die. There’s no inheritance tax to pay if one does this. This exemption applies regardless of the size of the estate being passed on. However, it does not apply to long-term partners without the legal status of a marriage or civil […]

Virgin Media O2 has informed its customers that bills will rise from April 1. Customers will see their bill increase by an average of £4.16 per month, or £49.92 a year. A Big Bundle customer currently paying £31.99 a month, for example, will see their new bill rise to £34.81 – an increase of £2.82 a month, or […]