Axe stamp duty? How Andy Burnham could change property tax
Manchester Mayor Andy Burnham is exploring property tax reform options to fund social care and defence spending, including potential alternatives to stamp duty and council tax.
Social Security COLA estimates for 2027 fall as inflation moderates
Social Security’s 2027 cost-of-living adjustment is estimated at 3.4% to 3.6%, down from earlier forecasts as inflation moderates, according to government data released this week.
Trump officials float cut to capital gains tax on home sales. What it could mean for homeowners
Trump administration officials discussed potential tax breaks on capital gains from home sales ahead of midterm elections, though experts say such changes are unlikely to pass quickly and would primarily benefit wealthier homeowners.
‘We detected unusual activity’: the scam that uses AI to exploit your holiday photos
AI systems can accurately identify travel locations from holiday photos, enabling scammers to craft convincing fraudulent messages targeting travelers by referencing their specific destinations.
Student bank accounts: don’t be swayed by the freebies, freshers told
Financial experts caution university freshers to prioritize interest-free overdraft limits over promotional freebies when selecting student bank accounts, as overdrafts provide greater long-term value during their studies.
Emergency savings shortfall signals ‘danger’ for working households, Suze Orman says
More than half of U.S. workers lack sufficient emergency savings to cover a $500 expense, with 41% skipping necessary medical care, food, or repairs due to inadequate funds, according to recent survey data.