Financial news

• Millions of tourists in UK could be asked to pay local visitor levy

  24-11-2024 19:43
  
  Councils, politicians and campaigners hope a ‘tourist tax’ would raise money to fund services in areas affected by high visitor numbersMillions of tourists to the UK could soon be asked to pay a local visitor levy as cash-strapped councils try to raise money to fund services.Nearly half of Scotland’s local councils are considering a mandatory levy on overnight stays, known as a tourist tax, to help cope with a surge in visitors that has overwhelmed places such as Skye, the Call
  
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• Brits told to check their change for this rare Christmas 50p coin worth £300

  24-11-2024 17:25 via express.co.uk
  
  This Christmas-themed coin is even listed on eBay for more than £1,000.
  
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• Cop29 climate finance deal criticised as ‘travesty of justice’ and ‘stage-managed’

  24-11-2024 16:13 via theguardian.com
  
  Some countries say deal should not have been done and is ‘abysmally poor’ compared with what is neededThe climate finance deal agreed at Cop29 is a “travesty of justice” that should not have been adopted, some countries’ negotiators have said.The climate conference came to a dramatic close early on Sunday morning when negotiators struck an agreement to triple the flow of climate finance to poorer countries. Continue reading...
  
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• Retailers prepare for cautious Christmas as a chill settles on consumers

  24-11-2024 14:00 via theguardian.com
  
  A late Black Friday and a mild October mean seasonal sales have got off to a slow start, and hopes are not highShoppers may be preparing to swoop for Black Friday bargains this week, but retailers are expecting a “cautious Christmas”, with households concerned about high energy and housing costs, as well as the potential impact of the recent budget.Trade has been slow in the run-up to the US-inspired promotional spree, which is a week later than last year, as shoppers held off buying
  
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• Labour could be knocked off course as it sticks to £40bn mission | Heather Stewart

  24-11-2024 11:57 via theguardian.com
  
  The government’s pact with voters relies on it delivering on its promise of growth but the early omens are unsettling‘“Starmer the farmer harmer”: the placards sported by the army of angry landowners who rolled into Westminster last Tuesday sent a clear message to the prime minister, albeit while he was out of the country.By Thursday, the Treasury was hinting at a retreat, albeit a very modest one, on its plans to levy inheritance tax on larger estates, mooting a transiti
  
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• The Crusader - Damp and mould row takes its toll on tenant

  24-11-2024 11:06 via express.co.uk
  
  Social housing tenant fears for her health as flat's damp and mould persists.
  
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• Pay gap between bosses and employees must be reduced, UK workers say

  24-11-2024 11:00
  
  Survey reveals appetite for rethinking relationship between the boardroom and low or middle earnersChief executives should have their pay capped to maintain a fair balance between workers and bosses, according to a survey that found a majority of respondents in favour of restricting top salaries.A poll by the High Pay Centre thinktank of more than 2,000 people found that 55% agreed that chief executive pay should be set as a multiple of workers’ low or average earnings “so that pay d
  
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• From Sure Start to youth centres, cutting children’s services is a false economy | Torsten Bell

  24-11-2024 10:00
  
  Research reveals that Tessa Jowell’s programme not only helped early years children but went on to reduce youth crimeOn 22 February 2019, I spoke at a conference in memory of a good friend, Tessa Jowell. The event was about her legacy, marking 20 years since the first Sure Start programmes, which she’d driven as public health minister.Sure Start provided support for children under five, and was expanded through the 2000s before being all but abolished after 2010. By 2019, the ev
  
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• Reeves unleashes ‘aggressive’ army of HMRC robots and snoops to enforce Labour’s tax raids

  24-11-2024 09:21 via express.co.uk
  
  Chancellor Rachel Reeves is now hammering taxpayers on two fronts. First, by hiking taxes and second, by cracking down on those who try to avoid them.
  
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• Don’t know what to buy your loved ones for Christmas? Just ask ChatGPT

  24-11-2024 09:00
  
  Santa has a new little helper. But can an AI-powered shopping assistant really master the subtle art of gift giving?Some people love buying Christmas presents. Polly Arrowsmith starts making a note of what her friends and family like, then hunts for bargains, slowly and carefully. Vie Portland begins her shopping in January and has a theme each year, from heart mirrors to inspirational books. And Betsy Benn spent so much time thinking about presents, she ended up opening her own online gift busi
  
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• NS&I explains 'best way' to check Premium Bonds prizes as £89.6m goes 'unclaimed'

  24-11-2024 08:01 via express.co.uk
  
  More than two million Premium Bonds prizes still need to be claimed by NS&I savers.
  
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• State pensioners could get extra £5,644 per year - check if you're eligible

  24-11-2024 07:00 via express.co.uk
  
  This Department for Work and Pensions benefit remains significantly underclaimed.
  
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• EDF offers customers free electricity in December to give 'one less thing to worry about'

  24-11-2024 07:00 via express.co.uk
  
  The savings will be applied to EDF customers' bills automatically when they sign up.
  
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• EDF Energy issues New Year’s Day price warning as it admits ‘this isn’t ideal’

  24-11-2024 05:00 via express.co.uk
  
  Gas and electricity supplier EDF Energy has issued a £1,738 price warning to take effect on New Year's Day.
  
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• Chase launches first-ever credit card offer to ‘put pressure’ on high street banks

  24-11-2024 01:55 via express.co.uk
  
  JP Morgan's digital bank will be offering their new staggering deal to 25,000 customers only
  
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• Death tax warning as UK households warned 'give money away' to avoid new tax rule

  24-11-2024 01:03 via express.co.uk
  
  Experts have suggested that Brits should look into giving away their money early if they want to avoid losing out
  
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