HM Revenue & Customs (HMRC) has nearly doubled the amount paid to individuals providing tip-offs about suspected tax evasion, disbursing almost £1 million (£978,256) in the 2023/24 financial year compared to £508,500 the previous year. The increase comes amid growing pressure to reduce the UK’s £39.8 billion tax gap—the difference between the tax that should […]
Category: Economy
A growing scandal over mis-sold motor finance could leave lenders facing compensation bills of up to £30 billion, according to a warning from leading credit rating agency Moody’s. The estimate is the highest so far and raises concerns that the issue could mirror the payment protection insurance (PPI) debacle, which ultimately cost firms around £50 […]
Researchers at the University of Richmond in Virginia have discovered that rats can be trained to drive miniature cars and appear to enjoy the experience. The study, led by Professor Kelly Lambert, found that not only can rats learn to operate tiny vehicles, but they also exhibit signs of excitement and anticipation when given the […]
The Technology Secretary, Peter Kyle, has commissioned new research into the impact of social media and smartphone use on children, signalling that the UK may follow Australia’s lead in considering a social media ban for under-16s. Australia is pressing ahead with plans to prohibit social media access for all individuals under 16, regardless of parental […]
Jaguar is set to retire its renowned “growler” logo—the iconic teeth-baring big cat that has adorned its cars for decades—as part of a bold rebranding strategy aimed at attracting younger, wealthier, and more diverse customers. The move comes as the British luxury carmaker shifts its focus towards an all-electric future, with plans to launch three […]
UK inflation climbed to a six-month high in October, surpassing the Bank of England’s 2% target, driven primarily by increased household energy bills. The Office for National Statistics (ONS) reported that the annual Consumer Price Index (CPI) rose to 2.3% last month, up from 1.7% in September—the highest rate since April. This figure exceeded both […]
Sales of vintage teddy bears have surged dramatically as nostalgia grips the collectibles market ahead of the release of Paddington in Peru next month. Vintage Cash Cow, the UK’s leading marketplace for pre-loved treasures, has reported a remarkable increase in demand for classic Paddington Bear memorabilia. The company notes that sales of these cherished toys […]
Email marketing remains one of the most effective tools in the digital marketer’s arsenal. However, its success is no longer measured merely by how many emails are sent or received, but by how well those emails resonate with the audience. Enter email segmentation—a powerful technique that ensures your message lands in the inbox of the […]
Discovering the perfect Apple Watch wristband for your active lifestyle can make all the difference in your fitness journey. As more fitness enthusiasts incorporate Apple Watches into their routines, finding a band that provides comfort, durability, and style is crucial. Whether you’re running, swimming, or hitting the gym, the right wristband ensures your watch stays […]
Advancements in digital technology have made it easy to pay bills, shop, and transfer money with a single tap of a button. This has evolved the way financial transactions are performed around the globe. Businesses have also immensely benefited from the same as they can easily facilitate cross-border payments hence boosting the economic growth of […]