HMRC warns Christmas side-hustle sellers over tax on festive earnings

AB InBev has launched a new ‘de-alcoholisation’ facility at its brewery in Magor, South Wales, aimed at producing low- and no-alcohol beers in response to rising consumer demand for these products. The facility will enable the production of popular brands like Budweiser, Corona, and Stella Artois in alcohol-free versions, reflecting a significant shift in brewing technology and consumer preferences.

The UK jobs market showed signs of slowing down in November, as indicated by a recent survey, raising concerns ahead of the upcoming budget announcement. This trend reflects a broader economic uncertainty that has been affecting various sectors, including construction, which has seen its sharpest slowdown since the first Covid lockdown.

Nikhil Rathi, the chief executive of the Financial Conduct Authority, visited the Pioneers Museum in Rochdale to emphasize the importance of supporting credit unions as a means to combat loan sharks. This initiative aligns with a Labour manifesto pledge to double the size of the mutuals sector, highlighting a commitment to local lending solutions.

A recent study has revealed that the most commonly used password in the UK is 'admin', followed closely by '123456', raising concerns among cybersecurity experts as these easy-to-guess passwords continue to dominate despite ongoing warnings about online security.

A retired civil servant, Derek Ritchie, has been ordered to repay £25,000 due to overpayments in his pension benefits, which were miscalculated since 2014. This revelation, communicated to him in March, has left the 63-year-old facing potential financial hardship and the prospect of returning to full-time work after retirement.