From Jan. 1, 2027, the capital a UK bank holds against a commercial property loan will depend far more closely on the loan itself: how much of the building’s value it covers, and whether repayment relies on the rent the building produces. The Prudential Regulation Authority, in consultation with HM Treasury, pushed the UK start […]
Independent school tax changes are continuing to push up costs for schools and parents in 2026. An analysis of 424 schools reports that average fees will rise by 4.5% from September, following the introduction of 20% VAT and other cost increases during 2025. However, the reported rise is not compulsory or uniform, each school sets […]
Pensioners with individual taxable income above £35,000 can have their full Winter Fuel Payment reclaimed under the winter fuel payment clawback 2026 rules. Recovery beginning in April 2026 mainly concerns payments issued in winter 2025, with HMRC collecting the charge through 2026/27 PAYE tax codes or 2025/26 Self Assessment returns. A separate payment for winter […]
UK small businesses can access funding through government grants, Start Up Loans, commercial business loans, the Growth Guarantee Scheme, Innovate UK competitions, regional investment funds, equity investment, crowdfunding and apprenticeship funding. The most suitable option depends on: how long the business has been trading; how much funding is required; what the money will be used […]
There is no single best business structure for every UK business. A sole trader structure is often best for an individual starting a small, relatively low-risk business because it is simple to establish and has fewer reporting obligations. A private limited company may be more appropriate when the business has greater financial or contractual risk, […]
Labour’s EV road tax plans will introduce a mileage-based tax for electric and plug-in hybrid cars from 1 April 2028. The charge, formally known as Electric Vehicle Excise Duty, or eVED, will initially be set at 3p per mile for fully electric cars and 1.5p per mile for plug-in hybrids. The new charge will apply […]
Last checked: 8 July 2026 The first LCWRA payment after a decision is not always paid immediately after the decision letter appears in a claimant’s Universal Credit journal. In most cases, the payment date depends on the claimant’s Universal Credit assessment periods and when they first started providing medical evidence, such as fit notes. For many […]
Older people across the UK could be missing out on thousands of pounds in financial support without realising they are eligible. Consumer finance expert Martin Lewis has repeatedly encouraged pensioners to check whether they are claiming all the benefits they are entitled to, highlighting that billions of pounds in benefits go unclaimed every year. One […]
London’s black cabs are among the most recognisable symbols of the capital, renowned for their distinctive appearance, highly trained drivers and the rigorous licensing standards required to operate one. But for many people considering a career in the trade—or simply curious about the profession—the biggest question remains: how much do London black cab drivers actually […]
Editorial Note: This article has been reviewed against official British Medical Association, GOV.UK Department of Health and Social Care, and NHS England guidance. Last reviewed: 30 June 2026. Quick Answer Resident doctors in England, still widely searched for as junior doctors, have accepted the government’s latest pay and workforce offer, bringing the current NHS strike […]
