Suman Padhi 
Electric vehicle (EV) owners in the UK are set to face a significant financial change as the government implements new taxation policies starting April 1, 2025. Under the updated Vehicle Excise Duty (VED) system, EVs will no longer be exempt from standard road tax, and those priced over £40,000 will be subject to an additional … Read more
Residents of Cambridgeshire will see changes to their Council Tax bills in the upcoming financial year (2025/26), with some areas freezing rates and others approving small increases. Here’s what you need to know about your new Council Tax rate and how it will impact your household budget. East Cambridgeshire: Council Tax Freeze for the 12th … Read more
UK retirees are set to face a significant financial burden in 2025, with essential expenses increasing by approximately £1,780 annually. Rising costs in energy, water, council tax, broadband, and car taxes are among the key drivers behind this surge, forcing many pensioners to reconsider their financial plans. Financial experts advise that retirees take proactive measures … Read more
The UK government has announced a significant overhaul of the welfare system, introducing £6 billion in benefit cuts that will primarily impact Personal Independence Payment (PIP) recipients and Universal Credit claimants. The reforms, led by Work and Pensions Secretary Liz Kendall, aim to tighten benefit eligibility, reduce payments for certain groups, and encourage more individuals … Read more
Social Security is a critical source of income for millions of American retirees. Any changes to the program can have widespread consequences for those relying on it for financial security. Under President Donald Trump’s administration, several key proposals and enacted reforms have emerged, aiming to reduce taxes on benefits, adjust workforce operations, and address funding … Read more
In a bold response to the latest trade dispute with the United States, Ontario Premier Doug Ford recently announced a 25% surcharge on electricity exports to several U.S. states, including New York, Michigan, and Minnesota. The move is a reaction to President Donald Trump’s decision to impose tariffs on Canadian imports, particularly targeting the steel … Read more
Thousands of Americans are set to receive financial compensation following a $4.5 million settlement by Cadence Bank over allegations of unfair overdraft fees. The lawsuit, which covers charges applied between January 11, 2019, and November 15, 2023, accused the bank of imposing “ASPN fees” on debit card transactions—even when account balances appeared positive. Although Cadence … Read more
As inflation continues to impact everyday expenses, many Americans are searching for affordable places to call home. Factors like housing, groceries, healthcare, and transportation costs significantly determine the overall cost of living. Based on data from government reports and authoritative financial sources, we’ve compiled a list of the 10 U.S. states with the lowest cost … Read more
More than 453,000 British pensioners living abroad are facing financial struggles due to the UK government’s long-standing “frozen pensions” policy, which prevents annual increases in their state pensions. The Department for Work and Pensions (DWP) has maintained this policy for years, arguing that increasing payments for pensioners in certain countries would be too costly. This … Read more
Former U.S. President Donald Trump has pledged to buy a Tesla vehicle as a show of support for Elon Musk amid the company’s ongoing struggles. The announcement, made via Trump’s social media platform, Truth Social, comes at a critical time for Tesla, which has been dealing with significant stock declines and public backlash against its … Read more