New legislation introduced as part of Labour’s Renters’ Rights Bill seeks to curb excessive demands on tenants by landlords. Under the new rules, landlords are prohibited from requesting more than one month’s rent in advance. Those found violating this policy could face fines of up to £5,000. This move is aimed at addressing long-standing inequalities … Read more
In her first address as Chancellor, Rachel Reeves firmly stated her commitment to tackling the UK’s housing crisis, despite potential opposition from ‘nimbys’—those who resist new housing developments in their local areas. “It will be up to local communities to decide where the housing is built, but it has to be built. If the answer … Read more
In a bid to alleviate the energy industry’s staggering £3 billion debt accumulated from unpaid gas and electricity bills, the Office of Gas and Electricity Markets (Ofgem), the industry regulator, has unveiled plans to lift the energy price cap. This unprecedented move aims to assist suppliers in recovering from the financial fallout of the energy-driven … Read more
