7 d. ago Experts detail what is best to stockpile with tariffs in place: ‘Let’s not go full 2020 toilet paper crisis mode’

Tariffs are expected to increase spending costs by over $1,000 per household

Events

7 d. ago Experts detail what its best to stockpile with tariffs in place: ‘Let’s not go full 2020 toilet paper crisis mode’

Tariffs are expected to increase spending costs by over $1,000 per household

Events

2 w. ago Cardiff Council spent more than £1m on major project that didn't happen

More than £1m was spent on planning for the project, but the council said the true cost to it was £625,000 because some of the spending remains relevant

Economics

3 w. ago Germany’s spending push drives up borrowing costs across Eurozone

Investors warn that higher bond yields could make it harder for members of the bloc to increase defence spending

Economics

3 w. ago Young Brits plan big holiday spends this year despite cost of living crisis

Young Brits, including Gen Z and Millennials, are more likely to spend big on holidays for 2025, than any other generation, new research by Aviva has revealed

Economics

3 w. ago Spring statement: Reeves blames ‘global uncertainty’ for deeper spending cuts

Chancellor says tougher measures required to plug fiscal hole after Treasury watchdog halves 2025 growth forecastSpring statement: key pointsAnalysis: Reeves does reasonable job of justifying fiscal prudence but welfare cuts cast shadowPolitics live – updatesRachel Reeves blamed “global uncertainty” as she announced swingeing cuts to welfare and other public spending designed to plug a fiscal hole caused by soaring borrowing costs and sluggish economic growth.The chancellor told the Commons that the UK’s growth forecast for this year had been halved from 2% to 1% by the Treasury watchdog, which concluded that the chancellor would have missed her goal of balancing the books if she did not act. Continue reading...

Politics

3 w. ago Five economic factors that will govern Rachel Reeves’s spring statement

The chancellor will address MPs on Wednesday, warning of tough spending cuts amid rising government borrowing costsWhat to expect from Rachel Reeves’s (brief) spring statementRachel Reeves will give her spring statement on Wednesday, with a warning that spending cuts are required because “the world has changed” amid rising government borrowing costs.After announcing deep cuts to welfare, provoking a fierce backlash within her party, the chancellor will present updated forecasts from the Office for Budget Responsibility (OBR) on the outlook for the economy and government finances. Continue reading...

Economics

3 w. ago Global rise in borrowing costs to blame for UK’s higher debt spending – Reeves

Rising borrowing costs are expected to eliminate the Chancellor’s headroom against her self-imposed fiscal rules.

Economics

3 w. ago Shell boss sees pay jump as group vows to boost investor returns on cost savings

Wael Sawan’s total pay lifted by 9% to £8.6 million in 2024 as he landed a £2.9 million annual bonus and £3.9 million in share awards.

Economics

3 w. ago Shell plans more cuts to costs and spending but hands CEO bigger bonus

Increase in pay package comes despite fall in profits and as oil company watered down pledge to cut emissionsBusiness live – latest updatesThe oil company Shell has revealed plans to ramp up cost savings and cut spending, as it handed its chief executive an increase to his pay package which angered environmental campaigners.The pay package for the energy company’s chief executive, Wael Sawan, rose by 8.5% last year, to £8.6m, according to its annual report, released on Tuesday. The payout was labelled “obscene” by green campaigners. Continue reading...

Economics

3 w. ago Shell vows to boost investor returns amid plans to cut costs and spending

The oil giant has lowered its annual spending outlook to £15.5 billion to £17 billion over the next three years.

Economics

4 w. ago One in 10 parents in poverty say their child has been bullied for being poor

The poll of 2,000 parents of school-aged children living on the lowest incomes also found they spend on average £2,000-per-year on school costs

Society

4 w. ago Extreme budgeter claims her £22 weekly food shop costs less than a third of what her meat

TikToker Molly Spencer, from Bradford, became a vegan in 2022 and has since found her shopping bill has drastically decreased.

Economics