SK Group: Tech titan Chey Tae-won ordered to pay ex-wife $644m in divorce settlement.
The chairman of South Korean corporate behemoth SK Group, Chey Tae-won, has been ordered by a high court to pay his ex-wife, Roh Soh-yeong, a staggering 944 billion won (£483…
Government to cut business rates for pubs, clubs and music venues
Pubs, clubs, and cherished live music venues across England are set to receive a significant economic boost with a 20% reduction in business rates, effective from April of the coming…
What’s happening to UK interest rates and mortgage deals?
The Bank of England’s Monetary Policy Committee (MPC) has consistently held the UK’s benchmark interest rate at 3.75% for four consecutive meetings, maintaining this level since a cut in December…
Most bus fares in England to be capped at £2 from January
The initiative, expected to cost in excess of £500 million, marks a distinct shift from the previous administration’s approach. Under Sir Keir Starmer’s Labour government, the England-wide bus fare cap…
Trump: 50% tariffs response to Canada’s treatment of US farmers
The President’s directive targets a broad spectrum of Canadian exports, encompassing everything from raw materials and agricultural products to manufactured goods and finished products. While specific product categories were not…
VAT to be cut from electricity bills in October.
The government has officially announced a significant reduction in Value Added Tax (VAT) on household electricity bills, a move spearheaded by new Prime Minister Andy Burnham as a core component…
UK borrows less than expected in June but public finances remain a challenge
The Office for National Statistics (ONS) reported that public sector net borrowing – the crucial difference between government spending and its income from taxes and other sources – stood at…
Why Andy Burnham will find it so tricky to unite Britain.
The chilling 2024 film Civil War, a dystopian portrayal of a violently fractured United States, resonated deeply with audiences not just for its cinematic prowess but for its frightening realism.…
AliExpress gets record €550m fine from EU for allowing sale of illegal products
The European Commission, the EU’s executive arm responsible for enforcing its laws, explicitly stated that AliExpress had fallen short of its legal obligations to "diligently assess" the risks associated with…
Jobs, benefits and taxes: What Burnham means for your finances.
With house prices rising more slowly than earnings, purchasing a home for the first time is more possible compared to just a couple of years ago, offering a glimmer of…
















