Crypto

The Post Office recently revealed plans to close 115 of its branches, a decision that could impact about 2,000 jobs across the UK. Unions and workers have responded with strong criticism, labeling the decision as “immoral” and “tone deaf,” especially as it comes shortly after the fallout from the Horizon IT scandal. The Horizon scandal, […] More

Electric cars are becoming more affordable for UK consumers, with prices falling dramatically in recent months. This price drop, reaching as much as 33% on some models, comes as manufacturers try to meet their goals for selling electric vehicles (EVs) by the end of the year. The result is the biggest discounts the electric car […] More

A prominent UK estate agent, Hamptons, has updated its expectations for house price growth in the coming years. It now predicts that property prices will rise only modestly, mainly because of the higher interest rates and other economic factors. This decision comes as the effects of rising interest rates continue to influence the housing market. […] More

Since the Covid-19 pandemic, the way we work has changed for many people, with some working part-time in the office and part-time from home. According to a report by the Office for National Statistics (ONS), this “hybrid working” model is much more common for workers with a degree-level education. In fact, the ONS found that […] More

The global oil market is seeing significant downward pressure as the price of light crude oil futures has fallen below a critical level. This drop is largely driven by weak demand in China and a strengthening U.S. dollar, which together create a challenging environment for oil prices to recover. The price of light crude has […] More

Energy smart meters are becoming an important part of how we use and pay for energy. They help us track our gas and electricity usage in real-time, making it easier for suppliers to send accurate bills. However, a recent investigation has shown that the benefits of these smart meters are not being equally enjoyed across […] More

Chancellor of the Exchequer, Rachel Reeves, is set to announce new pension reforms aimed at encouraging more private investment in the UK economy. Her proposed changes are intended to open up significant funding for infrastructure projects and private businesses, which she believes will help strengthen the economy’s foundations and lead to sustainable growth. This announcement […] More

Direct Line, a well-known insurance company in the UK, is set to cut around 550 jobs as part of a major cost-saving plan aimed at reducing expenses by £50 million in the coming year. This cut represents about 6% of its workforce, which currently has around 9,000 employees. The company has announced this decision as […] More

NatWest made a significant move this week, taking another step towards reducing the UK government’s ownership by buying back £1 billion of its own shares from the Treasury. This buyback has cut the government’s ownership from 14.2% to 11.4%, down from the 84% ownership that was held at the height of the 2008 financial crisis […] More