Finance

Australia Halves Fuel Tax and Offers Free Transport Amid Crisis

Published: March 30, 2026. The English Chronicle Desk. The English Chronicle Online—Providing trusted news and professional analysis for the UK. The Australian Federal Government has announced a dramatic intervention into the nation's energy market, halving the fuel excise tax and supporting state-led initiatives for free public transport as the economic fallout from the conflict in the Middle East reaches a boiling point. Following an emergency meeting of the National Cabinet...

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Badenoch Demands Energy Tax Cuts Over ‘Benefit Street’ Bailouts

Published: March 30, 2026. The English Chronicle Desk. The English Chronicle Online—Providing trusted news and professional analysis for the UK. Conservative leader Kemi Badenoch has launched a scathing attack on the Government’s approach to the energy crisis, calling for immediate tax cuts on household bills rather than what she described as "welfare bailouts." Speaking from an oil rig off the coast of Aberdeen as part of her party’s "Get Britain...

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FCA to Unveil Final Rules for Car Finance Redress Scheme

Published: March 30, 2026. The English Chronicle Desk. The English Chronicle Online—Providing trusted news and professional analysis for the UK. Millions of motorists across the United Kingdom are poised to receive definitive clarity on one of the largest consumer redress programs in financial history as the Financial Conduct Authority (FCA) prepares to publish its final rules on mis-sold car finance late this afternoon. The announcement follows years of intense regulatory...

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Understanding Your Bill: How Much is Council Tax and Where Does it Go?

Published: March 27, 2026. The English Chronicle Desk. The English Chronicle Online — Independent, Insightful, Global. As the new financial year approaches, millions of households across England are opening their annual Council Tax demands, often met with the sobering reality of rising costs. According to the latest figures released by the government this week, the average Band D council tax set by local authorities for 2026/27 will be £2,392. This...

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NS&I Boss Replaced Amid Saver Delays

Published: Friday, 27 March 2026 The English Chronicle Desk The English Chronicle Online — Business & Economy The head of National Savings & Investments (NS&I) has been replaced after mounting criticism over delays that left savers waiting for millions of pounds. The government-backed savings institution, which manages billions in deposits, has faced growing pressure following widespread complaints about slow payments and customer service failures. According to reports, thousands of savers...

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Trump’s Signature to Appear on US Dollars

Published: Friday, 27 March 2026 The English Chronicle Desk The English Chronicle Online — US News For the first time in American history, the signature of a sitting president will appear on US currency. The US Treasury confirmed that President Donald Trump’s signature will be printed on new dollar notes, breaking with the longstanding tradition of featuring only the signatures of the Treasury Secretary and Treasurer. The decision has sparked...

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Estate of Late Tycoon Mike Lynch to Pay £920m

Published: Friday, 27 March 2026 The English Chronicle Desk The English Chronicle Online — Business & Economy The estate of British technology tycoon Mike Lynch has been ordered to pay damages of £920 million following a long-running legal battle over the sale of his software company Autonomy to Hewlett-Packard (HP). The ruling, delivered by the UK High Court, marks one of the largest corporate damages awards in British legal history....

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Oil and Gas Prices Surge Amid Iran-Israel Attacks on Gasfields

Published: 19 March 2026. The English Chronicle Desk. The English Chronicle Online. Oil and gas prices spiked sharply after escalating attacks by Israel and Iran on gasfields raised concerns about prolonged global supply disruptions. Brent crude rose eight percent to $116 per barrel amid ongoing geopolitical tensions. Since the start of US and Israeli military actions on 28 February, crude oil prices have surged nearly sixty percent. European gas prices...

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UK Banks Maintain £100 Contactless Limit Despite FCA Rule Change

Published: 19 March 2026. The English Chronicle Desk. The English Chronicle Online. Shoppers in the United Kingdom will continue facing a £100 cap on contactless card payments, despite regulatory changes. The Financial Conduct Authority has removed the official limit, yet major high street and challenger banks have opted not to increase it immediately. Financial Conduct Authority made the change to give banks flexibility in response to consumer demand, inflation, and...

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Farage Faces Backlash Over Crypto Cameo Endorsements

Published: 19 March 2026. The English Chronicle Desk. The English Chronicle Online. Nigel Farage has come under renewed scrutiny following revelations about his Cameo video activity. Reports indicate he earned money by recording personalised videos endorsing cryptocurrencies that later collapsed in value. These findings have raised concerns about accountability, influence, and financial promotion ethics in digital spaces. The Cameo platform allows public figures to create paid personalised video messages for...

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