Budgeting

'The Brexit vote is starting to have major negative consequences' – experts debate the data

Two former members of the Bank of England’s interest rate-setting committee discuss the outlook for this year<p><b>David Blanchflower</b><p><b>P</b><b>rofessor of economics at Dartmouth College, New Hampshire, and member of the Bank’s MPC from June 2006 to May 2009</b><p>With prices and wages heading in different directions, …

Money

100,000 more children missed school for family holiday last year, figures show

Government data reveals sharp rise in unauthorised leave during term-time in England<p>There has been a sharp rise in the number of children missing school in England because of unauthorised family holidays, according to the latest government figures.<p>While overall pupil absence rates have remained …

Education

UK housing prices: Manchester surpasses London as strongest market

Double digit growth rates in London, Cambridge, and Bristol wiped out amid uncertainty surrounding Brexit.<p>Manchester has witnessed an 8.8% rise in …

Housing

Average 30-year mortgage rate falls back to 4.23%

WASHINGTON - Long-term U.S. mortgage rates slid this week from their highest levels of 2017.<p>Mortgage buyer Freddie Mac said Thursday that the rate on 30-year, fixed-rate home loans fell to 4.23% from 4.30% last week. The benchmark rate stood at 3.71% a year ago and averaged 3.65% in 2016, lowest in …

Mortgages

New tax rules to hit contract workers – are you one of them?

Around 26,000 public sector contractors, including NHS staff, social and care workers, are facing an income drop of up to 20 per cent next month.<p>A …

Taxes

Mortgage Rates Down, Though Home Prices Rise

With home prices rising, mortgage rates drop across the board to help overcome the price increase.<p>A higher-than-expected drop in home sales last …

Money

Ofcom is saying that customers should get compensated automatically if their broadband or landline service fails

Ofcom has proposed that customers should get automatic refunds if landline or broadband services are too slow, or if repair deadlines are missed.<p>The …

Net Neutrality

State pension age could rise to 70 says report

It would mean anyone currently under the age of 45 having to work an extra year.<p>Two reports for the government have raised the possibility that …

Money

CHART: The hidden fall in home ownership in Australia

Impressions Photography/Getty Images<p>The home ownership crisis is worse than official numbers suggest, according to analysis by independent economist …

Money

Homelessness bill passes as temporary accommodation numbers rise

The Homelessness Reduction Bill cleared its third and final reading in the House of Lords – as new figures confirm the number of households in …

Money

Which city has the best house price growth?

The Hometrack research said London's rate of annual price growth had now dipped below the average for the country's 20 biggest cities as a whole as …

Money

MPs slam 'dismal' cost savings of government procurement body

The UK government body created to save cash buying common goods and services centrally has so far provided "dismal" savings for the taxpayer, the …

PM backs MPs using allowance for mortgage

Malcolm Turnbull has defended MPs who use their travel allowance stay in apartments they own in Canberra.<p>The prime minister was responding to claims …

Money

Five maps that show exactly what's going on with London's housing market

With the UK having endured a prolonged period of low interest rates, London's property market has been one of the most reliable places for investment in recent years.<p>However, rising prices have led to higher stamp duty fees and as of April 2016 anyone wishing to purchase a second home in the …

Money

Robots may take over 30 per cent of UK jobs

Up to 30 per cent of UK jobs are at risk of being taken over by robots and Artificial Intelligence by the early 2030s, a new report warns.<p>The study, …

Artificial Intelligence

Senate passes $43 billion state budget proposal

The Senate on Friday passed a $43 billion two-year state budget proposal that relies, in part, on a statewide property tax earmarked for education, …

Government

UK maternity pay amongst worst in Europe with mums offered six weeks - compared to six MONTHS in Croatia

The UK is almost bottom of a European league table for maternity leave, according to a new study.<p>Research by the TUC found that the UK ranks 22 out …

Maternity Leave

Northern Powerhouse fires up as house prices in Manchester rise faster than any other UK city

Manchester has sped ahead of southern rivals, recording the fastest house price growth of any city in the UK.<p>Homes in the capital of the Northern Powerhouse increased in value by 8.8pc over the past 12 months, according to Hometrack.<p>Cities with higher-priced property have seen a slowdown in price …

Money

What next for Next? Decline, if it comes, should still be profitable

Despite a near-halving in retailer’s stock market value over 16 months, are its current troubles really severe?<p>Panic over for Next shareholders? It’s too soon to sound the all-clear since a steeper decline in profits than last year’s 4% fall to £790m is very possible this time. Chief executive Lord …

Finance

George of all trades: George Osborne’s job editing the Evening Standard raises eyebrows

George of all tradesGeorge Osborne’s job editing the Evening Standard raises eyebrows<p>That’s not the oddest part-time career for an MP. Others have …

George Osborne

RIP RPI risks damaging credibility on inflation

How do you like your inflation? To be really up with the zeitgeist, you favour CPIH, the trendy new version of the Consumer Price Index, with added …

Money

Turnbull offers no relief on penalty cut

The Turnbull government has rejected the use of "take home pay orders" to ease the pain of a proposed cut in Sunday penalty rates, but not suggested …

Employment Law

Four out of 10 schools letting out buildings to raise money, study finds

Schools facing budget cuts are setting up daycare provision and hosting weddings and fitness classes to boost finances<p>Schools facing budget cuts are hosting weddings, setting up nurseries and laying on community fitness classes to try to bring in additional money to boost their finances, according …

Education

Coventry BS raises easy-access cash Isa rate to 1.05pc

Coventry Building Society has increased the rate on its easy-access cash Isa, giving it a top rate of 1.05pc.<p>The account is available to new and existing customers and can be opened with £1 in branches, by telephone or post, or online.<p>Old Isa transfers are permitted. Withdrawals can be made at any …

Money

London now 'cheaper to live than New York and Tokyo', plus Viagogo snubs MPs

Also, average house costs 7.6 times annual salary, part-time workers face five-fold NICs increase and for sale: Pierre Cardin’s bubble palace<p>Hello and welcome to this week’s Money Talks – a roundup of the week’s biggest stories and some things you may have missed.<p>Money news<p>London ‘cheaper than New …

Money

Experts say 10% subsidy on fruit and veg would help fight obesity and could save £7.2BILLION

Fruit and vegetables should be subsidised by 10% to encourage healthy eating habits, experts say.<p>Rolling out the scheme would cost up to £991million …

Obesity

10 secrets to saving money on UK rail fares

Since 2011, average train fares in the UK have risen by nearly 25 per cent. Travelling at peak times on inter-city routes can be especially exorbitant: Manchester to London, for example, will set you back £338 for an Anytime Return, and the sheer complexity of the ticket pricing system often makes …

Airlines

Could the man in the white suit beat George Osborne in Tatton?

George Osborne argues that “parliament is enhanced when we have people from all walks of life and different experience in the debate” (MPs may ask Osborne to decline job at Standard, 21 March). While that is undoubtedly true, it is far more usual for MPs to bring that experience with them when they …

Money

Researchers Warn Consumer Confidence Is Waning Due To Brexit

• The Times, Thursday, March 23, 2017 8:12 AM<p>Families are more pessimistic about their finances than at any point in the past three years, with …

Advertising Industry

Trudeau’s budget: Delaying decisions on Trumpian matters

<i>Janice MacKinnon is a former Saskatchewan minister of finance and current professor of public policy at the University of Saskatchewan</i><p>The 2017 federal budget is a stand-pat budget that primarily fleshes out spending announced previously; though it adds little new spending, the country’s debt …

Canadian Politics