Labour’s plan to ‘Make Work Pay’

In a first for the Government, Deputy Prime Minister, Angela Rayner, met with unions and representatives from major business groups, including the CBI and Federation of Small Businesses, to discuss Labour’s ambitious ‘Make Work Pay’ plans....

Average UK house price increases in 2024

The average cost of a UK home reached £266,400 in July, reflecting a 1.4% rise over the first seven months of 2024. This equates to an increase of £3,600 since January. In contrast, the same period in 2023 saw a minimal 0.1% rise. Property website Zoopla now projects...

Late payment issues worsen for UK SMEs

Late payments continue to be a significant challenge for small business owners and freelancers across the UK, with 49% of all invoices being paid late in the 12 months leading up to June 2024. This marks an increase from 43% in the previous year and is worse than the...

Energy price cap rises as fuel payments cut

According to Ofgem, the energy price cap will rise to an average of £1,717 per year starting in October. This represents a 10% increase, or an additional £12 per month, in the typical household’s gas and electricity bill for those paying by direct debit. The...

New EU visa waiver for UK travellers

UK citizens will soon be required to pay a €7 visa-waiver fee when travelling to the EU as the European Union prepares to implement the European Travel Information and Authorisation System (Etias). This system, expected to come into effect by May 2025, will mandate...