economy

UK Minimum Wage Set to Rise in March 2026 – Full Breakdown of New Pay Rates by Age

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UK Minimum Wage Set to Rise in March 2026 – Full Breakdown of New Pay Rates by Age

The UK government has confirmed a significant increase in the National Minimum Wage and National Living Wage, which will take effect on April 1, 2026. The decision follows recommendations from the Low Pay Commission (LPC) and aims to support workers facing rising living costs while ensuring wages grow alongside the broader economy. Millions of workers across the UK will … Read more

Calls Grow for Labour to Scrap “Arbitrary” Inheritance Tax System in the UK

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Calls Grow for Labour to Scrap “Arbitrary” Inheritance Tax System in the UK

The UK government is facing increasing pressure to reconsider its inheritance tax (IHT) system, with critics arguing that the policy places Britain among the world’s highest-taxing countries on family wealth transfers. Economists and policy groups are urging the Labour government to abolish or reform the current inheritance tax structure, warning that it could discourage investment and push … Read more