Rachel Reeves Plans New £29 Flight Tax per Household
Chancellor Rachel Reeves is considering a 20% VAT on airport fees, potentially adding £29 to flights. Critics warn it will hurt families and competitiveness.
Chancellor Rachel Reeves is considering a 20% VAT on airport fees, potentially adding £29 to flights. Critics warn it will hurt families and competitiveness.
HMRC has confirmed an increase in the mileage allowance from 45p to 55p per mile for the first 10,000 miles driven for business, backdated to April 2026.
A well-known UK high street retailer has announced the closure of its Birmingham branch, citing changing shopping habits and rising costs as key factors.
Morrisons is set to close 100 loss-making convenience stores across the UK, impacting hundreds of jobs. Affected staff will be offered roles elsewhere where possible.
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RecommendedChancellor Rachel Reeves backs a mayoral development zone in north Bristol and South Gloucestershire, aiming to build tens of thousands of homes and boost the economy.
Mid-sized businesses in the South West are pausing investment due to global political uncertainty from the Middle East conflict, with supply chain pressures and higher costs being key challenges.
Imperagen, a University of Manchester spinout using AI and quantum physics to engineer enzymes, has closed a £5m seed funding round led by PXN Ventures, bringing total funding to £8.5m.
A potential VAT reduction for Alton Towers and other UK theme parks may make family days out more affordable by 2026, boosting tourism and local economies.
Sealprem, a Scunthorpe sealing products firm, secures seven-figure funding from HSBC to boost international sales, especially in the Middle East, and expand e-commerce.
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RecommendedChopstix Noodle Bar in Birmingham has reopened after a major refurbishment, offering a fresh dining experience with new menu items and modern decor.
Shoppers are loving Roman's Textured Wrap Bodice Midi Dress for its flattering fit and versatility. Priced at £42, use code FLOWER to get it for £37.80. New customers can pay £31.50 with code AFRPLC25Q226.
Unilever has completed a £150m investment at its Port Sunlight site, boosting laundry capsule production and opening a new automated distribution centre.
VS Group acquires The PC Support Group after securing Foresight investment, plans more acquisitions in North and Midlands to expand IT services.
Law firm Knights has secured a permanent office at One Central Square in Cardiff, moving from temporary space. The new location can host over 50 professionals, supporting growth and client demand in Wales.
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RecommendedA new quarterly index reveals first-time buyers are £7,600 better off after one year and £64,000 after five years compared to renting, despite high upfront costs.
Asda introduces a £5 'Exceptional' meal deal nationwide, undercutting rivals like Tesco and Sainsbury's. Includes premium options like steak sandwich, sushi, and beef birria wrap.
Historic Birmingham manufacturer appoints a new managing director, aiming to drive growth and innovation in the region's industrial sector.
The Living and Home 3-in-1 Portable BBQ is now £28.80 with code SPRING10. It grills, smokes, and makes pizza, perfect for summer outdoor cooking.
Enjoy summer savings with 25% off luxury men's fragrances and body washes this bank holiday. Upgrade your scent collection now.
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RecommendedChancellor Rachel Reeves increases tax-free mileage rates by 10p per mile for business drivers, with rates rising to 55p for under 10,000 miles and 35p for over.
Chancellor Rachel Reeves announces a 12-month road tax holiday for HGVs, saving up to £912, and cuts red diesel duty as part of the Great British Summer Savings Scheme.
Alexander Technologies reports strong project pipeline and new methods to speed up development for drone and other markets, despite a fall in turnover and profits.
Chancellor Rachel Reeves' 'Great British Summer Savings' scheme, cutting VAT on attractions, is estimated to cost £300 million, offering discounts of 5% to 20%.
Chancellor Rachel Reeves confirms 10p per mile tax-free mileage rate increase, saving drivers doing 6,000 business miles around £120 from April 2026.
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RecommendedAldi has launched a Spanish-inspired summer range starting from 59p, featuring the new Baron Amarillo Sangria Frizzante and tapas-style items.
Martin Lewis warns energy bills will rise 13% in July, adding £30-40 for typical households. He says the outlook for October is 'not good news either' due to high gas prices.
Aston Villa boss Unai Emery will be rewarded with a £100m transfer budget after leading the club to Europa League glory, their first trophy in three decades.
The DVLA has cancelled nearly 20,000 driving licences for drivers over 70 in three years. The government consults on mandatory cognitive and eyesight tests as part of road safety reforms.
Santander reduces mortgage rates by up to 0.23% from May 22, benefiting first-time buyers and buy-to-let borrowers, as inflation drops to 2.8%.
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RecommendedA single speeding offence could cost young drivers over £645 due to fines, licence revocation, test retakes, and four years of higher insurance premiums, according to Go.Compare research.