Labour Peer Defends Welfare Spending Amid Survey
Labour peer Ruth Lister criticizes survey showing 47% of members think welfare spending is too high, citing stable 5% GDP and need to tackle child poverty.
Category : Budget Finance
Pension tax relief: a public subsidy for the wealthy
Private pensions are a publicly subsidised gift to the wealthy, costing £60bn in tax relief, with most going to higher-rate taxpayers. John Healey should equalise the tax break to stop inequalities widening.
Trump's University 'Compact' Scrapped, But Assault Continues
Trump administration withdraws controversial university compact after widespread backlash, but experts warn of ongoing federal pressure on higher education.
Space-Stretching: Laurence Llewelyn-Bowen on Homes
75% of UK homeowners consider 'space-stretching' renovations. Laurence Llewelyn-Bowen shares insights on multigenerational living and smart meters.
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Harrow Fireworks Crackdown After Worst Year of Misuse
UK government proposes stricter fireworks rules after Harrow's worst year of misuse, with over 300 incidents reported and new consultation open until October 7.
Man swims at dock where teen drowned days earlier
A man swam in Millwall Outer Dock, where 14-year-old Banta Sillah drowned days earlier, sparking disbelief and calls for lifeguards.
Mysterious death of student after fleeing taxi
A 22-year-old London student died after fleeing an Uber in Manchester; family seeks answers as inquest looms.
Cash ISA allowance cut to £12k from April 2027
Cash ISA allowance to drop from £20,000 to £12,000 for under-65s in April 2027. Savers urged to act now; interest on cash in stocks ISAs taxed 22%.
Woman raped by dad 'cries tears of relief' as early release scrapped
Carol Higgins, raped by her father as a child, feels 'peace' after PM Andy Burnham excludes sex offenders from early release scheme, following victim campaigns.
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Newlyweds split by easyJet overbooking on honeymoon flight
A London couple's honeymoon was disrupted after easyJet overbooked their Gatwick flight to Montenegro, forcing the bride to fly alone while her husband stayed behind.
Female bus drivers 'bleeding through trousers' due to no toilets
Female bus drivers in London are bleeding through their uniforms due to a lack of toilet facilities, forcing some to quit, according to a former driver.
Khan: Social media ban not enough to curb youth crime
Mayor Sadiq Khan says the under-16 social media ban alone won't stop youth violence, announcing £1.5m for summer activities with Premier League clubs.
Science funding cuts to harm UK global standing
Experts warn that proposed science funding cuts will damage Britain's international reputation and innovation capacity, with potential long-term economic consequences.
Man jailed for keeping dead mother in freezer for 3 years
Christopher Phillips, 60, hid his 89-year-old mother's body in a chest freezer for nearly three years, fraudulently claiming £78,000 in benefits. He was jailed for two years and four months.
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I earn £230k and want to retire at 47 – girlfriend disagrees
A 47-year-old on £230k wants to retire early; his younger partner objects. Consumer champion Sarah Davidson says the real dispute is not financial.
California minimum wage to rise to $17.40, highest in US
California Governor Gavin Newsom announced the state's minimum wage will increase to $17.40 per hour on January 1, 2025, making it the highest in the nation, as he criticized federal inaction.
Fake RingGo parking fine texts: experts warn drivers
Drivers are being targeted by fake RingGo texts demanding unpaid parking fees. Experts warn the scam uses threats of enforcement to trick victims into clicking bogus links, risking financial fraud.
Family sues after ICE released woman who froze to death
Family to sue after Daphy Michel, a Haitian immigrant with mental illness, was released by ICE in freezing weather and found dead at a Pittsburgh bus shelter.
Burnham's Catholic Roots Shape His Vision for Britain
Prime Minister Andy Burnham, raised in the Catholic faith, brings a communitarian ethos to governance, addressing social anomie through policies like ending rough sleeping, rooted in Catholic social teaching.
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Proteinmaxxing trend may raise infant formula prices
Rising demand for whey protein, driven by 'proteinmaxxing' and weight-loss drugs, may increase infant formula prices, experts warn. Whey costs have surged, impacting manufacturers.
Police release ransom notes in Guthrie case
Police released ransom notes demanding Bitcoin for Nancy Guthrie, claiming she died. They hope someone recognizes the writer's style.
Islington among England's most dangerous places to live
Islington has London's highest crime rate outside Central London at 132 per 1,000 residents, ranking among England's worst, while Westminster's rate is skewed by tourists.
4 Parking Fine Scenarios Where You Can Ignore the Ticket
Experts reveal four scenarios where you can legally ignore a parking ticket, including unaccredited firms and unclear signs, saving drivers from unfair fines.
US borrowing costs hit 19-year high as Fed holds rates
US 30-year Treasury yield rose to nearly 5.24%, a 19-year high, after the Federal Reserve held its key rate steady, sparking fears of insufficient action against inflation.
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US borrowing costs hit 2007 high as Fed holds rates
US government borrowing costs hit their highest since 2007 after the Fed held rates steady. Stocks fell sharply amid fears of rising inflation and resumed strikes on Iran.
Middle East Crisis Keeps UK Interest Rates at 3.75%
The Bank of England held interest rates at 3.75% due to Middle East conflict inflationary risks, despite stable domestic prices and 2.6% CPI inflation.
US economy grows sluggish 1.5% in Q2 as inflation tops Fed target
The US economy expanded at a sluggish 1.5% in Q2, below expectations. Consumer spending rose but inflation remained above the Fed's 2% target.
UK Rate Hike Chances Fall Despite Hawkish Hold
Bank of England held rates at 3.75%, but three MPC members voted for a hike. Market-implied probability of no change in September rose to 73% from 53.6%.
BoE holds rates at 3.75% as Iran war fuels inflation fears
The Bank of England kept interest rates at 3.75% as the Iran war risks pushing inflation above 4% next year, with oil prices nearing $90 a barrel.
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Bus driver docked pay for refusing work in 34C heatwave
A London bus driver claims his pay was docked for refusing to work in a cab with faulty air conditioning during a 34C heatwave, despite mayoral assurances.
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