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Labour announces launch of ‘new deal for working people’

Labour is to launch a “new deal for working people” this week, as Keir Starmer seeks to put creating more secure, better-paid jobs at the heart of his offer to voters. The world of work is one of two areas, together with tackling crime, where Starmer’s team believe they have a distinctive offer and a …

Cryptocurrencies could lead to ‘limitless’ losses for UK government

The government could face “limitless” losses as a result of businesses that accept payments in untaxed and untraceable cryptocurrencies going bust, an insolvency expert has warned. A growing number of companies, including the ethical cosmetics firm Lush and office-sharing firm WeWork, have begun taking payments for goods and services in cryptocurrencies such as bitcoin, alongside …

School’s out! Enjoy the freedom without breaking the bank

The school summer holidays are here and with them come days of adventure and freedom for children – and headaches for parents who need to keep their offspring busy on a budget. The pandemic has meant many parents do not have access to their usual summer clubs due to closures, and grandparents and other relatives …

Young workers and Covid: battered finances, but broader online horizons

The pandemic has disproportionately hit young people’s economic prospects, with research finding that under-25s in the UK are more than twice as likely to lose their jobs compared with older workers. Here three young people share their feelings about how the coronavirus crisis has affected their finances. Some say they have managed to save money, …

What are the best debit cards for your kids to spend safely?

The various lockdowns have meant many youngsters have had less opportunity to go out and spend their pocket money. This week it was claimed that children in the UK have “squirrelled away” £38m during the pandemic, which is waiting to be spent. The study, by the specialist consultancy Beano Brain, found that as restrictions ease, …