Calls to Lower State Pension Age to 53 Following Gen Z Research Thursday, May 7, 2026 pension statepension genz retirement dwp aging welfare government finance taxation The Department for Work and Pensions (DWP) is facing renewed calls to lower the state pension age to 53 after research revealed that Generation Z sees old age beginning at this surprisingly young milestone. Currently, the … Read More
Calls to Reinstate UK Bank Windfall Tax Following £14bn Profit Surge by Barclays, HSBC, Lloyds, and NatWest Wednesday, May 6, 2026 banking taxation profits windfall union hsbc barclays lloyds natwest interest-rates The Trades Union Congress (TUC) has intensified calls for the UK government to reinstate a higher windfall tax on banks after the country’s four largest lenders—Barclays, HSBC, Lloyds, and NatWest—revealed a combined … Read More
Eight Million State Pensioners Face Rising Tax Bills Due to 2021 HMRC Rule Friday, May 1, 2026 hmrc pensions taxation fiscaldrag income-tax pensioners inflation tax-thresholds uktax higher-rate HMRC’s decision to freeze income tax thresholds since 2021 is impacting over eight million state pensioners, causing many to face higher tax bills. Recent HMRC data reveals that 8.2 million people of state pension age are now … Read More
Rachel Reeves Faces Backlash Over Fuel Duty Hike Threatening Family Budgets Wednesday, April 29, 2026 fuelduty rachelreeves labourparty petrolprices taxation ukpolitics costofliving fuelhike treasury rac Rachel Reeves, the Labour Party’s Shadow Chancellor, is facing intense criticism over a proposed fuel duty hike set to take effect in September. The plan to reverse a recent cut and increase fuel duty by 5p per litre is … Read More
Drivers Encouraged to Switch to Electric Cars to Benefit from Ultra-Low 1.8p Per Mile Charging Saturday, April 25, 2026 ev electricvehicles fuelprices chargingcosts petrol diesel evadoption taxation carleasing sustainability Rising petrol prices are pushing a growing number of drivers to consider switching to electric vehicles (EVs). New research reveals that 70% of non-EV drivers are now more likely to explore electric cars, with … Read More
HMRC Faces Criticism Over £186 Million Crackdown on Disguised Remuneration Schemes Friday, April 24, 2026 hmrc loancharge taxation disguisedremuneration taxevasion compliance retrospective inquiry taxjustice settlements HM Revenue & Customs (HMRC) has invested £186 million over six years to recover unpaid taxes linked to “disguised remuneration” schemes, a move critics have labeled “shameful” and … Read More