UK Millionaires Willing to Pay More Tax, Survey Finds
A survey of UK millionaires shows 88% are proud to live in the UK, and 75% would pay more tax to fund public services, challenging narratives of a wealthy exodus.
Category : Budget Finance
Australia's Media Reacts to 2026 Budget: Communist State to Jim Reaper
Australian newspapers gave mixed reactions to the 2026 federal budget, with Murdoch tabloids calling it a communist redistribution and others focusing on tax changes and election promises.
Budget Tax Reforms: Fairness vs Reality for Young Buyers
Analysis of Australia's budget tax reforms on negative gearing and capital gains, their impact on housing affordability, and the gap between rhetoric and reality for younger Australians.
Tax Reform Threatens 'Rent-Vesting' for Young Australians
Changes to negative gearing and capital gains tax from July 2027 may deter young Australians from using rent-vesting to enter the housing market, experts warn.
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Labour's Holiday Tax Threatens Staycations
UKHospitality warns Labour's holiday tax could add over £100 to two-week breaks, costing 33,000 jobs and £2bn GDP, hitting working families hardest.
DWP Lists 56 Health Conditions for Attendance Allowance
Over 1 million pensioners may miss out on Attendance Allowance worth up to £114 per week. DWP lists 56 qualifying conditions including arthritis, dementia, and COVID-19.
Pension Fund Buys Cheap UK Gilts Amid Political Turmoil
Standard Life buys UK government bonds at multi-decade lows as political uncertainty over Keir Starmer's future and the Iran war drive gilt yields higher.
Martin Lewis's Scary Pension Rule: Halve Your Age for Savings
Martin Lewis shares a sobering pension rule: save half your age as a percentage of salary for a strong retirement. Start at 20, save 10%; at 40, save 20%.
FCA E-Money Licence Approvals Plummet 80% Since 2020
FCA approved only 35 e-money licences in 2025, down 80% from 2020. Experts cite a 'dual squeeze' from market saturation and regulatory pressure.
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Vertu Motors Urges Faster EV Sales Target Review
Vertu Motors calls on the government to accelerate its review of the ZEV mandate, citing profit drops and market disruption. The scheme's targets create intense pressure on dealers.
Ask the expert: Is £500k enough to retire?
A reader asks if £500k in pensions and ISAs, with no mortgage, is enough to retire at 55. An expert explains annuity vs drawdown, state pension, and lifestyle costs.
Australia Budget 2026: Cost of Living and Housing Reforms
Treasurer Jim Chalmers delivers the 2026 federal budget focusing on cost-of-living relief and housing tax reforms, including capital gains and negative gearing changes.
Australia 2026 Budget: Chalmers Pursues Ambitious Tax Reforms
Treasurer Jim Chalmers unveils a bold 2026 federal budget with property tax changes to boost home ownership, NDIS cuts, and cost-of-living relief, despite risks from the Iran war.
Australia Budget Warns of Recession Risk from Iran War
Treasury modelling shows oil prices could hit $200/barrel, pushing inflation to 7.25% and Australia to the brink of recession due to the US-Israel war on Iran.
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Australia 2026 Budget: Tax Cuts and Higher Travel Costs
The 2026 Australian federal budget introduces tax cuts for workers, higher passenger movement charges, and reforms targeting trusts and negative gearing. First home buyers benefit, while rich families and overseas travelers face higher costs.
UK Borrowing Costs Soar to 28-Year High on Labour Leadership Fears
UK 30-year bond yields surged to 5.794%, the highest since 1998, as investors worry about potential changes to Labour's fiscal policy under new leadership. Yields later eased after Starmer ruled out resigning.
Australia's 2026 Budget: $20M for Leichhardt Oval
Australia's federal budget allocates $20m to restore Sydney's Leichhardt Oval, along with funds for cervical cancer drugs, tariff abolition, and drone regulations.
Australia 2026 Budget: Tax, Housing, Health, Defence Changes
Australia's 2026 federal budget introduces major reforms: CGT discount replaced, negative gearing limited, tax cuts for workers, defence boost, NDIS changes, and more.
Budget 2026: Chalmers on Economic Anxieties, One Nation
Treasurer Jim Chalmers delivers Budget 2026, addressing economic anxieties and the rise of One Nation, with measures to ease cost-of-living pressures and boost growth.
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Australia 2026 Budget: Chalmers Unveils Economic Plan
Treasurer Jim Chalmers presents the 2026 federal budget, focusing on cost-of-living relief, infrastructure, and deficit reduction amid global economic challenges.
FTSE 100 to Fall as Trump Warns Iran Deal on 'Life Support'
Geopolitical tensions rise as Trump calls Iran ceasefire 'unbelievably weak.' Brent crude climbs, FTSE 100 futures point lower. Analysts warn of a 'calm before the storm.'
British Steel Nationalisation Expected in King's Speech
The full nationalisation of British Steel is expected in the king's speech, safeguarding blast furnaces and thousands of jobs in Scunthorpe.
Australia's 2026 Budget: $45bn Improvement, Spending Restraint
Australia's 2026 federal budget shows a $45bn improvement in the bottom line, with Treasurer Jim Chalmers pledging spending restraint amid rising inflation and housing concerns.
Albanese and Chalmers Bet on Ending Howard-Era Tax Policies
Frank Bongiorno analyzes how Labor's expected tax reforms in the 2026 budget signal the end of the Howard era, with generational shifts favoring change.
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Food Industry Rebels Against 'Unworkable' Healthy Food Rules
Food manufacturers and retailers warn that new government healthy food proposals are unworkable, potentially classifying yoghurts and cereals as unhealthy.
UK Permanent Jobs Fall Fastest Since January
UK permanent job placements fell at the sharpest rate in three months in April, driven by Iran conflict uncertainty. Temporary hiring rose as firms opted for flexibility.
Jim Chalmers Promises Major Tax Reform in 2026 Budget
Australian Treasurer Jim Chalmers announces a substantial tax reform package in the 2026 budget, addressing intergenerational inequality amid global economic volatility and housing concerns.
Tesco Clubcard: £17M Vouchers Expire May 31
Tesco warns £17 million in Clubcard vouchers expire May 31. Check your app now to redeem or triple value with partners like PizzaExpress.
Intertek Rejects EQT's £10bn Bid as Undervaluing Firm
FTSE 100 firm Intertek has rejected EQT's latest £10bn bid at 5,800p per share, calling it a significant undervaluation. The testing company is pursuing a strategic review.
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Dutch Flight Attendant Hospitalized with Hantavirus
A Dutch KLM flight attendant is hospitalized with hantavirus after contact with a woman who died from the virus. The outbreak on MV Hondius has killed three people, including a German national.
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