Business + Money

In the ever-evolving landscape of British business, some companies have weathered storms, while others have found themselves drifting far from their original charted courses. From iconic brands that have lost their lustre to industry titans that have veered off track, here’s a countdown of 18 British companies which are decidedly not what they used to … Read more

Californian cities are experiencing higher gas prices than any other state in the country, driven by the State’s commitment to cleaner fuels. But this dedication comes at a cost, and consumers are paying the price. California’s Gas Price Challenge With an average gas price of $4.49, California surpasses the national average of $3.10. But what … Read more

A survey from the Financial Conduct Authority (FCA) has shown that over 7 million UK adults are struggling to manage household finances. Increased Cost of Living to Blame The data in the report shows that the increased cost of living is to blame for financial stress, with mortgages, rents, utilities and food prices all increasing … Read more

Britain’s biggest mortgage lender, Halifax, reported that house prices fell in March – the first fall in six months for the UK housing market. Higher Borrowing Costs Cooling Market The lender said that higher mortgage rates stunted buying ability and appetite, leading to a 1% (£2,900) drop in average purchase price. The average UK property … Read more

In a revolutionary step, World Athletics has announced that it will award a cash prize of $50,000 to Olympic gold medal winners in its events. It’s the first governing body to issue financial rewards for Olympic prizes in history. Intention to Reward Success Announced In a press release on their website, World Athletics said: “World … Read more

The farming industry has warned persistent wet weather has dramatically impacted domestic food production. This will see us rely on imported food to satisfy demand, driving up prices. Problematic Weather for Farmers The warning about food production comes shortly after the Met Office announced that February was the fourth wettest on record. The poor sowing … Read more

How many missed paychecks are you or a loved one from the precipice of homelessness? Across the UK, this isn’t a hypothetical for thousands—it’s their daily reality. Here are the top 10 places which have more homeless than they should:  1. London: The Stark Contrast In London, the juxtaposition between affluence and destitution is profound. … Read more

On Monday, the state pension rose to 8.5%, a very welcome income boost for pensioners who have struggled to keep up with rising prices. How Much is the State Pension Currently Worth? Prior to Monday 8th, the state pension was £203.85 a week for the full, new flat-rate state pension, or £156.20 a week for … Read more

Official government data shows the gender pay gap is now smaller than at any time since mandatory reporting began. Whilst on average men still earn more than women, there has been tangible progress made. Report Suggests Women Paid 91P for Every £1 Paid to a Man The median pay gap is now 9.1p, which means … Read more

The rapid and extreme rise in energy bills have forced many families to financial ruin. The number of people being taken to court has dramatically increased, according to Citizens Advice.  Energy Bill Rises Pushing Families to Breaking Point According to government research, energy bills in the UK have risen by 59% compared to their winter … Read more