News

Snow Hits Some Parts of England as 27 Counties Escape Winter Weather

330-Mile ‘Snow Bomb’ to Slam UK as Wales, Scotland Brace for Heavy Falls

A huge “snow bomb” stretching an estimated 330 miles is forecast to strike the UK next week, bringing widespread snowfall across Wales and Scotland on 5 December. New projections suggest parts of the country could be hit by up to five inches of snow as Arctic air sweeps south during the afternoon and intensifies into […]

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Families Face Millions in Charges as Gifts Fail Inheritance Tax Test

Families Face Millions in Charges as Gifts Fail Inheritance Tax Test

More than 14,000 families were hit with unexpected inheritance tax bills last year after falling foul of the seven year gifting rule, newly released figures reveal. Data obtained through a freedom of information request shows that 14,030 gifts became liable for inheritance tax in 2022 to 2023 because the person who made the gift died

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IoD Index Shows Director Optimism Sinks to Near Record Low

IoD Index Shows Director Optimism Sinks to Near Record Low

Directors’ confidence in the UK economy, already close to its lowest recorded level, has fallen even further after last week’s budget, with hiring and investment expectations dropping to figures last seen during the pandemic. The Institute of Directors’ latest economic confidence index, which measures business leaders’ outlook for the UK economy, stood at –73 in

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Review Suggests Laughing Gas May Offer Fast Relief for Severe Depression

Review Suggests Laughing Gas May Offer Fast Relief for Severe Depression

Nitrous oxide, widely recognised as laughing gas, may help ease severe depression, according to a new review of clinical research. The analysis, published in the journal eBioMedicine, examined evidence from a series of studies that tested medically supervised nitrous oxide in adults diagnosed with major depressive disorder and treatment resistant depression. Almost half of patients

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Reeves Announces New “High-Value Council Tax Surcharge” Targeting Homes Over £2 Million

Reeves Announces New “High-Value Council Tax Surcharge” Targeting Homes Over £2 Million

Homeowners with properties valued above £2 million will face significantly higher council tax bills under plans unveiled by the Chancellor, Rachel Reeves. The new “high-value council tax surcharge” will be introduced in 2028, following a mass property revaluation, and is expected to generate additional revenue from some of the country’s wealthiest homeowners. The surcharge will

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Middle-Class Families Face Higher Bills Under Reeves’s Budget

Chancellor Rachel Reeves is preparing to target workers, savers and pensioners in her new budget, introducing more than a dozen tax rises as she attempts to close a £30 billion gap in the public finances. Reeves will argue that the increases are “fair and necessary”, saying they are essential to protect NHS funding and welfare

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£2 Million+ Homes at Risk of £15,000 Annual Tax Bill Under New Plans

£2 Million+ Homes at Risk of £15,000 Annual Tax Bill Under New Plans

Thousands of second-home owners could see council tax bills soar to around £13,700 a year under Chancellor Rachel Reeves’s proposed mansion tax. Research by estate agency Hamptons suggests that over 3,300 second homes could be directly affected. The surcharge will target properties valued at more than £2 million, while the government estimates around 100,000 of

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Diss High Streets Struggle as Rising Costs Force Business Closures

Rural Business Crisis: Diss Shops, Cafés Close Amid Cost Pressures

The medieval market town of Diss in Norfolk, once a bustling commercial hub, now bears the marks of economic struggle. Its winding streets are increasingly lined with boarded-up shops, as local businesses grapple with rising costs. Bakers, family-run farms, and café owners are blaming last year’s national insurance increases, soaring business rates, and a higher

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