Lenders will pay an estimated £8.2bn in compensation, averaging about £700 each, to around 14 million UK motorists after years of car finance deals were found to have been missold due to undisclosed commission by dealers.
Rachel Reeves is weighing higher taxes on bank profits, potentially by lifting the existing surcharge or introducing a new levy, to raise at least £2bn for the public finances while pledging not to harm growth, as supporters cite strong bank profits.
Adrian Darby, 53, lost his life after bravely preventing an armed individual.
The PM and Reeves will abolish the two-child benefit cap in the forthcoming Budget, pledging tougher measures to fund the £3 billion cost while tackling child poverty.
The PM and Chancellor are preparing to lift the two-child benefit cap in the upcoming Budget, signalling a shift away from a controversial welfare policy and pledging new measures to reduce child poverty.
Labour is suggesting possible tax increases as millions of workers could face a rise in their tax payments due to frozen thresholds, with ‘stealth’ changes potentially costing them over £600 per year.
The Chancellor is set to announce a policy guaranteeing jobs, training, or apprenticeships for unemployed 18 to 21-year-olds who have been on universal credit for 18 months, with those refusing suitable offers potentially facing benefit reductions.
