Carpetright’s recent collapse has left customers, suppliers, and landlords facing an estimated £213 million loss, with many expected to recover less than 1p for every pound owed. The collapse of Britain’s largest flooring chain has impacted hundreds of unsecured creditors, including high-profile names such as Royal Mail and Microsoft, accordingContinue Reading
The government has been compelled to cover nearly £45 billion in losses incurred by the Bank of England over the past year, raising concerns about the sustainability of current monetary policies. According to the Bank’s annual report, a transfer of £44.5 billion from the Treasury was necessary in the 2023-24Continue Reading
Labour’s January introduction of VAT on private school fees has caused widespread concern among parents and independent schools, predicting inevitable closures due to the unexpected timing. Parents have expressed shock and dismay over the Chancellor’s decision to impose VAT on private school tuition fees from January, mid-academic year. Monday’s announcementContinue Reading
Taxes will likely be raised in the Budget, Rachel Reeves has said. The Chancellor said Labour would stick to its election manifesto promises not to raise national insurance, income tax or VAT, but left open the possibility for other tax hikes at the Budget on October 30. “I think thatContinue Reading
In the competitive online gaming world, “smurfing” has become a notable phenomenon. This practice, where skilled players create new accounts to compete against less experienced opponents, significantly impacts lower-ranked players’ gaming experiences. As esports and competitive gaming grow in popularity, understanding smurfing’s effects has become crucial for the entire gamingContinue Reading
We are excited to announce that Walletto has become a Public Interest Entity (PIE) from the 1st of July 2024. Following a recent legislative change, this status was granted to entities that play an important role in the financial sector due to the scale of their operations. The Director ofContinue Reading
The UK’s renewable energy budget has been increased to a record £1.5 billion, Ed Miliband announced on Wednesday. Of that, £1.1 billion will be allocated for offshore wind, which the government described as “the backbone of the UK’s clean energy mission”. The funding uplift represents more than a 50 perContinue Reading
The French heavy metal band Gojira has denied that their performance during the opening ceremony of the Olympic Games Paris 2024 was satanic. The band, who formed in 1996, performed the 19th-century French anthem “Ah! Ça Ira” along with an actor playing the beheaded Marie Antoinette. Some online commentators characterizedContinue Reading
“I mean yeah, obviously it’s unbelievably emotional,” Murray said after another escape act allowed him to extent his professional tennis career. “You’re obviously unbelievably happy and then for whatever reason, I don’t know why it happens, it’s like happy tears.” Laughing at his own reaction, the two-time gold medallist added:Continue Reading
Andy Murray could not stop himself from bursting into tears after helping Team GB into the quarter-finals of the men’s doubles at the Olympics. The 37-year-old, who will officially retire from tennis after the Games, was forced to dig deep alongside playing partner Dan Evans to beat Belgian duo JoranContinue Reading
