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Catch the latest Financial News EventsOnly full abolition of two-child benefit cap will substantially cut poverty, thinktank says
Half-measures would have little or no meaningful impact on child poverty rates, Resolution Foundation analysis findsFailure to abolish the two-child benefit limit would wreck the government’s child poverty ambitions and risk creating levels of hardship not seen under...
Rachel Reeves admits breaking rules by renting out her house without a licence
Chancellor is backed by prime minister after saying she ‘inadvertently’ failed to pay fee required by London councilRachel Reeves has admitted to “inadvertently” breaking housing rules by renting out her south London home without the specific £945 licence required by...
Vietnamese arrivals in UK by irregular means will be fast-tracked for deportation, says No 10
Starmer signs agreement with visiting Vietnamese leader after surge in clandestine arrivals from countryVietnamese people who arrive in the UK by irregular means will be fast-tracked for deportation under a new agreement, Downing Street has said.After a surge in...
Pound sinks against euro and dollar as tax rises loom and growth slows
Prospect of a tough budget is thought to have brought forward the likely date for a cut in interest rates to 3.75%The threat of higher taxes in next month’s budget and concerns about slowing economic growth pushed the pound to its lowest level against the euro in more...