CashNews.co LONDON (AP) — With banners, bullhorns and toy tractors, thousands of British farmers descended on Parliament on Tuesday to protest a tax hike they say will deal a “hammer blow” to struggling family farms. U.K. farmers are rarely as militant as their European neighbors, and Britain has not seen large-scale protests like those that […]
UK competition regulator clears Alphabet’s investment in Anthropic #UKFinance
CashNews.co The U.K.’s Competition and Markets Authority (CMA) has okayed Alphabet’s partnership and investment in AI rival Anthropic, concluding that it doesn’t qualify for investigation under current merger rules. The announcement comes a month after the CMA revealed it was launching a formal “stage 1” probe into Alphabet’s various investments in Anthropic, a 3-year-old San […]
Grieving families of military personnel could get inheritance tax bill | Personal Finance | Finance #UKFinance
CashNews.co Payments made to the bereaved families of members of the Armed Forces who die off-duty could be caught by inheritance tax due to changes in the Budget, it is claimed. The revelation has triggered demands from campaigners for the Chancellor Rachel Reeves to make death in service payments exempt from the Budget change, which […]
One off £100 payment to help pensioners with winter fuel axe confirmed | Personal Finance | Finance #UKFinance
CashNews.co State pensioners in Northern Ireland are set to receive a one-off £100 payment to help with heating bills after the Winter Fuel Payment was cut for millions. Gordon Lyons, Northern Ireland’s Minister for Communities, criticised the Government’s decision to make the benefit means-tested but acknowledged that Northern Ireland would need to comply. Last week, […]
Bank of England mortgage warning as governor blames Rachel Reeves | Personal Finance | Finance #UKFinance
CashNews.co The governor of the Bank of England has blamed the election of Donald Trump and the UK budget for recent increases in the cost of fixed rate mortgages. Andrew Bailey told MPs this morning, Tuesday, November 19, that the cost of borrowing between financial institutions, which is measured through so-called swap rates or the […]
UK households handed £250 cost of living payment from DWP | Personal Finance | Finance #UKFinance
CashNews.co UK households struggling to afford essentials this winter are being handed cost of living payments of up to £250. The cash comes from the government’s Household Support Fund which is distributed to local councils across the country by the Department for Work and Pensions (DWP). The funding pot is worth £421 million and is […]
Ted Baker’s UK Ecommerce Website Returns #UKFinance
CashNews.co Ted Baker has reactivated its UK ecommerce platform, ceased since August after the brand’s administrative challenges. The new site launched on 15 November, showcasing AW24 collections for both women and men with an elevated shopping experience. Orders over £150 qualify for free shipping, while next-day delivery is priced at £5.95, aiming for customer convenience. […]
Catalyst reduces rates across property finance range – The Intermediary #UKFinance
CashNews.co Catalyst Property Finance has announced a reduction in rates across its property finance offerings, including bridging, refurbishment, commercial bridging, ‘Flexible’ bridging, and specialist buy-to-let loans. The new rates include unregulated bridging, auction, development exit, finish, and exit finance starting from 0.79% per month. Refurbishment finance is now available at 0.85% per month for costs […]
It’s bad news Monday – energy bills UP, inflation UP, bus fares UP, house prices DOWN! | Personal Finance | Finance #UKFinance
CashNews.co I was scrolling through the business stories this morning and it was just one piece of bad news after another. This is becoming a habit. Friday’s news was dismal as well. On Friday, we learned that the UK economy came to a grinding halt in the first three months of the new Labour government. […]
UK consumer sentiment dips as confidence in finances declines #UKFinance
CashNews.co Consumer confidence in the UK edged lower in November, according to the results of a survey from S&P Global on Monday, as falling optimism about job security and a gloomier outlook for household finances weighed on sentiment. While the S&P Global consumer sentiment index remains elevated by historical standards, the firm said that indicators […]