Buying your first home is a big deal! It can feel exciting and scary at the same time. Now, a company called Nationwide, which is the largest building society in the UK, has come up with a surprising offer for first-time buyers. They are letting people borrow up to six times their earnings to buy …
The Prime Minister is getting ready to share exciting news at the Labour Party’s annual conference on Tuesday. This announcement will be about a big change to how apprenticeships are managed in the UK. Instead of the old apprenticeship levy, the government plans to introduce something new called a “growth and skills levy.” Why Change …
Raspberry Pi, the company famous for making tiny computers, is in the spotlight after its first results since going public (IPO). Their shares jumped up, and people are excited about what’s next for them. Even though the company is keeping its full-year outlook steady, some investors still have a few worries. The Raspberry Pi computers …
The US government has made a big announcement that could change the way we think about cars and technology. The Commerce Department has proposed a rule to ban connected vehicle technology from China and Russia. This means cars made with technology from these countries might not be allowed to drive on US streets anymore. Let’s …
In Hull, England, a company called ESS Modular has sadly gone into administration, which means it can no longer operate. This situation has led to around 100 employees losing their jobs. The company was known for its offsite construction solutions, but it faced some tough challenges that ultimately caused its closure. What Happened to ESS …
The price of oil is like a roller coaster—it goes up and down based on what's happening in the world. Right now, it's climbing again, and this change is causing people to pay more for gas and everyday items. Let’s break it down in a way that’s easy to understand! What’s Happening with Oil Prices? …
The governor of the Bank of England, Andrew Bailey, recently shared his thoughts on interest rates, and it sounds like there’s a bit of a rollercoaster ride ahead. He believes that interest rates will gradually come down, but he also wants everyone to understand that we shouldn’t expect them to drop back to the super …
Recently, TSB Bank found itself in hot water after a technical issue caused many customers to miss important payments, including salaries and child benefits. This mishap has left some customers worried and frustrated, leading TSB to publicly apologize and assure everyone that the problem has been fixed. What Happened? On a Tuesday, customers began reporting …
Did you know there might be money waiting for you? The HM Revenue and Customs (HMRC) has a message for many people in the UK: it’s time to check for hidden savings! About 671,000 people could have a savings account with money just sitting there, and it could be worth as much as £2,212! What’s …
China is making some major changes to help its economy, which isn’t doing so well right now. The People's Bank of China, which is like the country’s big bank, announced some important steps to encourage people to spend and invest more. Let’s dive into what’s happening and why it matters! What’s the Big Deal? Recently, …
Hey, mates! There is something going in Eastmoor, Wakefield that is really, really important: Yorkshire Water is really doing very hard work to maintain rivers healthy and clean. They are involved in one very ambitious project costing them £4.9 million and preventing stormwater from overflowing into our rivers. Clean water for all! Here is the …
Air travels are exciting, but sometimes things go awry. Recently, one Cathay Pacific flight-which is a very popular airline-saw a huge squabble among passengers due to reclining seats. Here is what happened in a way that is easy to understand! On September 17, a Hong Kong-to-London flight became a real-life drama. A Chinese woman was …
Italy and Germany are arguing publicly over a deal for a bank and emotions are running high! It is basically the rumored potential takeover by Milan's big Italian bank, UniCredit Spa, of Commerzbank AG, Germany's major bank. The disagreement brings about some real tension between the two, as they have until now gotten on pretty …
The UK economy seems a bit shaky at the moment, and the businesses do not want to know what happens next. A recently released report shows that growth in private sector activity has slowed down for the second month consecutively. Thereby, it is due to its impact on the services as well as on the …
