£75k earners face 60% effective tax rates
New analysis reveals how middle-income professionals face crippling effective tax rates as frozen thresholds create stealth tax raid on salaries above £75,000.
Category : Search result: interest rates
Businesses urge Reeves to force bank rate cuts
UK businesses urge Chancellor Rachel Reeves to intervene as banks fail to pass on Bank of England rate cuts to struggling enterprises across Britain.
Bank of England Holds Interest Rates at 5.25%
The Bank of England maintains interest rates at 5.25% for the sixth consecutive meeting as inflation concerns persist, with Monetary Policy Committee members divided on future direction.
Birmingham's recycling rates fall to among worst in England
New government data reveals Birmingham's recycling performance has worsened for the second year running, with the city now ranking among England's worst performers in waste management.
Santander cuts savings rates in blow to customers
High street banking giant Santander announces significant cuts to popular savings accounts, leaving customers facing reduced returns amid ongoing cost of living pressures.
Wolves Manager Hunt: Analysing Candidates' Win Rates
As Wolves search for Gary O'Neil's successor, we break down the surprising win rates of leading contenders including Julen Lopetegui and Roberto De Zerbi in the Premier League.
Allica Launches 4.67% Interest Business Account
Allica's new business current account offers competitive 4.67% AER interest, challenging traditional business banking with innovative features for UK SMEs.
West Midlands Driving Test Pass Rates Revealed
Exclusive data reveals shocking disparities in driving test success rates across West Midlands test centres, with some locations seeing fewer than one in three learners pass their practical exam.
UK unemployment set to hit 4.2% in 2024
New analysis reveals UK unemployment is forecast to rise significantly to 4.2% by mid-2024, with the Bank of England's interest rate hikes creating challenging conditions for businesses and job seekers alike.
Nationwide: £200 Switch Bonus & 5.5% Savings Rate
Nationwide launches a double financial boost for savers - a £200 switching incentive plus a competitive 5.5% savings rate for qualifying members. Discover how to maximise your money in the current economic climate.
New State Pension Rates Revealed for 2025
Millions of pensioners across the UK are set for a significant income boost next year as the full breakdown of new State Pension rates is officially confirmed. Discover exactly how much more you'll receive from April 2025.
Lloyds Bank slashes credit card interest rates
Millions of Lloyds Banking Group customers to benefit from significant APR reductions on credit cards as bank responds to cost of living pressures.
Birmingham City's Jordan James transfer saga intensifies
Exclusive: Birmingham City face crucial contract decision as Italian giants circle for Welsh international Jordan James, with sporting director Olabe under pressure to act.
London taxi fares set for major price increase
London taxi passengers face significant fare increases as TfL approves higher rates for black cabs amidst ongoing cost of living pressures.
DWP Minister's Major Universal Credit Update Revealed
Exclusive: DWP minister Mims Davies reveals crucial update on Universal Credit payments and confirms timeline for annual benefit rate review affecting millions.
Expert Warns UK Investors Over Mortgage Rate Changes
Financial experts warn UK property investors of imminent mortgage rate changes that could significantly affect investment returns and rental market dynamics.
UK House Prices Defy Expectations with Surprise June Rise
UK house prices unexpectedly rose in June 2024, with average property values increasing to £266,064. Discover the latest market trends and what this means for buyers and sellers across Britain.
Mortgage crisis: 8M households face £1,800 payment hikes
Shocking new analysis reveals nearly 8 million UK households will see mortgage payments surge by average £1,800 annually, creating a 'perfect storm' for family finances.
Mortgage Shock: Thousands Priced Out of Housing Market
Exclusive research reveals how soaring mortgage costs are shutting out thousands of West Midlands homebuyers, even those earning above-average wages. Discover which areas have become unaffordable.
Labour Plans Business Rates Overhaul to Save High Streets
Shadow Chancellor Rachel Reeves announces radical reform of 'broken' business rates system to save struggling shops and create level playing field for British businesses.
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