The Office for National Statistics has revealed that the savings ratio rose to 11.1 per cent in the first quarter of 2024.

Rachel Reeves may turn to Britain's banking titans to plug a spending hole left by government policy switches.

Brits are stashing away cash at rates not witnessed for nearly two years, driven by fears over potential tax hikes looming ...

UK households are saving far more money for a rainy day under the current Labour Government than they did when the ...

Rachel Reeves is set to impose a £500-a-year retirement tax on pensioners, Conservatives warn today. A freeze on income tax thresholds means the state pension will become eligible for income tax for ...

Recessions can occur for various reasons, typically resulting from a failure of multiple industries, businesses, and ...

Here are four signs it could finally become reality. In recent months, more and more Labour figures have been calling for a wealth tax. Former Labour leader Neil Kinnock has called for the revenue ...

Fresh figures show the US economy is firing on all cylinders while Britain flounders. The latest data from Washington shows ...