Benefits and pensions for foreign nationals ‘cost £23bn’ Politics Spending on benefits and pensions for foreign nationals totalled about £23bn in 2025, according to a leading think tank, amid calls for a rethink on the impcat of immigration and the welfare system. The Centre for Social Justice estimated that the UK government spent about £23bn on benefits, pensions and child-related support for non-British nationals [...]
Badenoch vows to end £100k childcare cliff edge introduced under last Tory government Politics Tory leader Kemi Badenoch has vowed to end the “absurd” childcare trap for parents earning above £100,000. On the first day of the party’s conference in Birmingham, Badenoch will announce that the childcare cliff edge – engineered under the previous Tory government – will be scrapped at a cost of about £700m per year. Former [...]
Number of parents at edge of £100k tax trap to ‘grow dramatically’ Personal Finance The number of parents grouping just under the £100,000 ‘tax trap’ salary in order to maintain access to free childcare will “grow dramatically”, tax researchers have warned, while some households continue to claim the benefit despite earning above the income threshold. The Centre for the Analysis of Taxation (Centax) has estimated that there could be [...]
Free Thinking: Will Trump’s Gen Z baby bonuses boost birth rates? May 2, 2025 Alys Denby and best-selling author of Inheritocracy Eliza Filby discuss the prospects for young people growing up in an uncertain economy as Donald Trump marks 100 days in office.
Fiscal drag pulls nearly 2 million into higher tax bracket April 28, 2025 Income tax thresholds, frozen in 2021, have pulled nearly two million Brits into higher brackets as fiscal drag bites. The number of higher rate taxpayers has increased by 1.88m, from 4.43, to 6.31m, between 2021 and 2025, according to finance specialists Rift. “Rising income taxes have been particularly punitive in recent years, as inflation reached [...]