UK Chancellor Rachel Reeves has indicated plans to remove the controversial two-child benefit limit in the upcoming Budget, aiming to significantly reduce child poverty and support large families, amidst ongoing debates over fiscal responsibility and social justice. Rachel Reeves, the UK Chancellor of the Exchequer, has indicated a strong inclination to remove the two-child limit on working-age benefits in the forthcoming Budget, marking a significant policy shift aimed at reducing child poverty. Speaking on BBC Radio 5 Live, Reeves asserted that it was unfair for children to be “penalised” for being in larger families through no fault of their own…
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London News
The UK’s Foreign Affairs Select Committee is set to examine Chinese government interference in universities following the Sheffield Hallam case, highlighting concerns over academic freedom, commercial dependence on Chinese students, and national security risks. The UK’s Foreign Affairs Select Committee is preparing to investigate the extent of Chinese government interference…
Despite over 100 arrests and increased police presence during Operation Baselife, critics argue that the high-profile measures fail to address the deeper societal issues behind rising street crime in London’s West End, raising questions about long-term solutions amid seasonal pressures. From early November, the Metropolitan Police launched a heavily orchestrated…
Transport for London’s proposed £1.6 billion extension of the Docklands Light Railway to Thamesmead faces criticism for its high costs, uncertain funding, and questionable necessity, highlighting ongoing debates about infrastructure priorities in London. Transport for London (TfL) has launched early market engagement for what can only be described as yet…
The Barclay family’s ownership of The Very Group, a leading UK online retailer, is set to end as US private equity firm Carlyle Group prepares to take over after decades of family control amid a series of asset sales and financial challenges. The Barclay family, once among the richest in…
Partner Robotics, a rising star in construction automation, has raised close to 100 million yuan in funding to expand its advanced tile laying and line marking robots across international markets, addressing labour shortages and boosting efficiency. Partner Robotics, a construction robotics startup founded in 2023 by Wang Kecheng, the former…
HM Revenue & Customs launches an investigation into Ayanda Capital over potential tax underpayments linked to a £255 million Covid-19 protective equipment contract, as the government faces ongoing controversy over the use of fast-track procurement processes during the pandemic. An investment company that secured a £255 million contract for supplying…
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UK Finance Minister Rachel Reeves is considering modifying council tax bands to raise revenue and address fiscal shortfalls, risking further impact on London’s volatile property market amid a 36% decline since 2018. The City of London has experienced a substantial decline in average property prices, dropping 36 percent since 2018,…
Major UK lenders including HSBC and Barclays are under increasing scrutiny to disclose their shadow banking exposures, as the Bank of England warns of potential systemic risks reminiscent of the 2008 financial crisis and undertakes new stress tests to bolster economic resilience. Britain’s major lenders, including HSBC and Barclays, are…
Extensive research challenges stereotypes of outdated family firms, highlighting their superior financial stability, strategic resilience, and sustained innovation across generations, exemplified by companies like Goodwin PLC, Caledonia Investment Trust, and Associated British Foods. Family-controlled companies often suffer from a reputation of being outdated and resistant to change, especially when the…
With a record-breaking expansion and a focus on artificial intelligence, WTM London 2025 highlights transformative tech innovations poised to redefine global travel operations, sustainability, and traveller experiences amid a rapidly evolving industry landscape. The World Travel Market (WTM) London 2025, scheduled to take place from November 4 to 6 at…
Virgin Group, with Richard Branson at the helm, aims to disrupt the longstanding Eurostar monopoly by launching new cross-Channel rail services, promising lower fares, expanded routes, and enhanced passenger experience that could reshape European travel by 2030. Virgin Group, led by Sir Richard Branson, is set to re-enter the competitive…
New research and personal stories highlight the potential for diet, exercise, and habits to lower or even reverse high blood pressure, challenging reliance on medication alone. When Pauline Richardson, a nurse from Hampshire, was diagnosed with high blood pressure during a routine GP visit following the loss of her husband,…
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