K-Shaped Christmas: Wealthy Splurge as Many Struggle
A stark economic divide defines the 2025 holiday season. While a wealthy minority fuels luxury spending, many face rising costs and poverty. Explore the data behind the 'K-shaped' economy.
Category : Search result: basic rate taxpayer
Albanese defends $100k UN trip for minister Wells
PM Anthony Albanese justifies the $100,000 New York trip for Communications Minister Anika Wells to rally global support for Australia's social media ban, as her travel expenses face intense scrutiny.
11 killed in South African bar shooting
At least 11 people, including a 3-year-old boy, were killed in a shooting at an illegal tavern in Pretoria. Police are hunting for three suspects. Read the latest.
11 killed in South African bar shooting
At least 11 people, including three children, were killed in a shooting at an illegal bar in Pretoria. Police are hunting three suspects. Read the latest on this tragic incident.
Labour minister: Life is 's**t' for young people
A Labour minister has candidly stated life is 's**t' for young adults struggling with housing and childcare costs, as UK birth rates hit record lows. Read the full analysis.
Unemployment Rises Every Month Under Labour
UK unemployment has climbed to 5%, rising monthly since Labour took power. Youth and retail sectors are hardest hit. Read our analysis of the policy impact.
New England warming at double the global rate
A new climate report shows New England's temperature rising twice as fast as the world's. Discover the impacts on seasons, ecosystems, and what it means for the future.
US Private Jobs Unexpectedly Fall in November, ADP Says
US private sector employment unexpectedly declined by 32,000 jobs in November, according to ADP. The key government jobs report from the BLS is delayed until 16 December.
Clubs Face £56m Policing Bill in Home Office Review
Premier League clubs and major sports bodies fear multi-million pound increases in policing costs as the Home Office launches a funding review. Could taxpayers be off the hook?
UK 2026 Growth Forecast Slashed to 1% by KPMG
KPMG forecasts UK GDP growth will slow to 1% in 2026, with unemployment rising to 5.2%. Business surveys reveal deepening pessimism across services and manufacturing sectors.
Taxpayers Subsidise Rising Specialist Fees in NHS
British taxpayers are subsidising rising specialist fees as Medicare-style gaps emerge in NHS funding. Discover how healthcare costs are shifting to patients.
Wrexham AFC gets £18m grant despite Hollywood owners
Wrexham AFC received £18m in Welsh government grants despite Hollywood ownership. Explore the controversy surrounding taxpayer funding for the celebrity-backed football club.
Budget Fuels 93% Chance of December Interest Rate Cut
Traders predict a 93% likelihood of a Bank of England rate cut in December to 3.75%, making borrowing and mortgages cheaper. Discover what this means for you.
Labour's stealth tax hits nearly million Brits
Chancellor Rachel Reeves' Budget extends tax threshold freeze, breaking manifesto pledge and drawing nearly a million into higher rate tax. Read the full analysis.
Dividend Tax Rates to Increase by 2 Percentage Points
Chancellor Reeves announces a 2% dividend tax hike from April 2026, impacting investors and business owners. Learn how to protect your investments using ISAs and pensions.
Inflation Climbs to 3.8%, Energy Subsidies Hinted
Australian inflation rises to 3.8%, prompting Treasurer Jim Chalmers to consider extending electricity bill relief. Discover the latest economic pressures and government response.
Newham Council failed to collect £31m council tax
Newham Council admits taking 'eye off the ball' on tax collection, leaving £31m uncollected since 2018 as it considers 9% tax hike and service cuts.
US Adds 119,000 Jobs in Delayed September Report
The delayed US jobs report reveals 119,000 jobs added in September, beating forecasts. Unemployment holds at 4.4%. Discover the full economic impact.
Taxing the rich 'pointless'? Readers debate
Metro readers clash over whether taxing the wealthy effectively raises revenue as Labour faces tough fiscal choices. Join the debate on tax policy and immigration.
Ex-Bank of England chief criticises budget 'mistakes'
Former Bank of England chief economist Andy Haldane condemns the government's 'repeated mistakes' ahead of the Budget 2025, arguing the process is 'sucking all life' from the economy. Read the full analysis.
Boost Your Children in Need Donation with Gift Aid
Learn how the UK's Gift Aid scheme can make your Children in Need donation worth 25% more for the charity at no extra cost to you. Make your generosity count.
UK economy grew 0.1% amid JLR cyber-attack impact
The UK economy expanded by just 0.1% in Q3 2024, with September GDP falling 0.1% after a crippling cyber-attack on Jaguar Land Rover slashed car production to a 73-year low. Discover the full economic impact.
Why the Bank of England Changes Interest Rates
Discover why the Bank of England adjusts interest rates to control inflation and stimulate growth. Learn how the current 4% rate impacts your finances and the UK economy.
Universal Credit claimants soar to 8.3 million
New government figures reveal a surge of 1.1 million Universal Credit claimants in a year, with nearly half not required to work. Discover the latest on the UK's welfare reforms.
Reeves' Tax Policy Blamed for 180,000 Job Losses
Chancellor Rachel Reeves faces a bleak jobs market as her business tax hikes are linked to rising unemployment. Can the upcoming budget avoid choking off growth?
BBC licence fee at risk over impartiality scandal
The BBC must prove its impartiality to justify the £3.5bn licence fee, warns political commentator Oliver Dean, as recent scandals threaten its funding model.
UK Jobs Data Fuels December Rate Cut Hopes
UK unemployment jumps to 5%, sparking expectations of a Bank of England interest rate cut in December. Discover how this impacts gilt markets and the economy.
UK unemployment rate rises to 5%, a four-year high
UK unemployment climbs to 5%, its highest in four years, creating a major challenge for Chancellor Rachel Reeves's upcoming budget. Explore the implications for interest rates and the economy.
UK unemployment hits four-year high of 5%
UK unemployment rate surges to 5%, the highest level since February 2021. Payroll numbers fall as wage growth slows. What this means for the economy and interest rates.
UK Jobless Rate Hits 5%, Highest Since 2020
UK unemployment jumps to 5%, the highest since late 2020. Critics blame the Chancellor's tax policies as the budget approaches. Read the full analysis.
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