Chancellor Rachel Reeves is reportedly considering cutting the annual tax-free limit for Cash ISAs from £20,000 to £10,000 in the November Budget.
Chancellor eyes tax rises and cuts in upcoming UK budgetChancellor Rachel Reeves confirmed that both tax increases and spending reductions are under serious consideration for her November budget.
Bank of England halves deferral period for senior banker bonusesRegulators have announced that bonus deferrals for senior UK bankers will be slashed from eight years to four, easing a key post-2008 restraint.
UK imposes tougher sanctions on Russia’s oil giants and shadow fleetThe UK expanded sanctions on Russia by targeting two energy giants, Lukoil and Rosneft, along with 51 ships believed part of the “shadow fleet” used to evade existing restrictions.
Why Britain’s weather always feels so grey — and what causes itBritain’s cloudy skies are shaped by its position between the Atlantic Ocean and the European mainland.
BoE’s Alan Taylor warns of likely ‘bumpy’ economic landingBank of England policymaker Alan Taylor said today he fears the UK economy may face a “bumpy landing” as inflation approaches target by late 2026.
IMF upgrades UK growth forecast but warns of inflation risksThe International Monetary Fund has tweaked its outlook for the UK, raising its 2025 growth estimate to 1.3%.
Royal Mail fined £22m for repeated delivery failuresThe UK postal regulator has fined Royal Mail £22 million for failing to meet delivery performance standards over several months.
UK regulator proposes sweeping reforms of veterinary marketThe UK’s Competition & Markets Authority has put forward sweeping reforms for veterinary services after uncovering opaque pricing and unfair practices.
What’s trending on streaming this week: top series and films to watchThis week’s streaming buzz spans crime, thrillers and political drama.