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UK Property

Family swap UK for Eastern Europe and show insane savings after leaving ‘rat race’

A UK couple is currently living the fantasy of many families up and down the country by being able to save hundreds a month, living mortgage-free.While most of us are living paycheck-to-paycheck, Amy Smerdon, 35, and her husband, Jerry, 53, have taken the leap to get away from the ever-expensive Britain.The couple - who share two sons, eight and six, and twin boys, five - spotted a £7,000 property on the market in Bulgaria and decided to cash in, do it up, and rent it out as a holiday home.However,...
UK Property

Industrial firms to face £685m property tax hit after energy support pledge

Industrial firms are to be hit with nearly £700 million in new property taxes, offsetting some of the Government’s move to slash their energy bills to boost competitiveness, experts have warned.Just a week after the Government’s industrial strategy revealed electricity costs for about 7,000 energy-intensive businesses would be cut by scrapping green levies, estimates suggest many of the larger firms are set to see their business rates bill soar.Around 4,300 large-scale industrial properties in England – across manufacturing sectors such as automotive, aerospace and chemicals – will face a new...
Upcoming Investments

Investments in UK tech sector will create hundreds of jobs, says Government

Hundreds of jobs are set to be created across the UK as part of a raft of investments in the technology sector, the Government has announced.It comes as Science and Technology Secretary Peter Kyle told an audience at London Tech Week that the UK must be at “the cutting edge” of rapidly growing technologies, such as AI.The technology sector is a key area of the Government’s efforts to accelerate growth in the UK economy, in a bid to support efforts to increase spending.On Tuesday, a number of “significant investments” in...