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Couples can claim up to £1,260 in overlooked tax savings after HMRC 'backdating'
Couples can claim up to £1,260 in overlooked tax savings after HMRC 'backdating'Around two million married couples are missing out on Marriage Allowance tax relief worth up to £252 per year - and you can backdate claims for up to four years to get £1,260 backCommentsMoneyAlex Evans Deputy Audience Editor and Niamh Kirk Lifestyle Writer14:10, 05 Apr 2026Updated 14:14, 05 Apr 2026View 2 ImagesCouples may be able to claim 'backdated' tax allowance(Image: coldsnowstorm via Getty...
Major high street bank reopening branches in U-turn after shutting 800 locations
Major high street bank reopening branches in U-turn after shutting 800 locationsIn a major U-turn after shutting 800 branches across the UK - Barclays has announced they are bringing back in-person experiences and value customer service over chatbotsCommentsMoneyNiamh Kirk Lifestyle Writer14:07, 05 Apr 2026Updated 14:07, 05 Apr 2026View 2 ImagesMore branches are set to open after 800 were closed down(Image: Tang Ming Tung via Getty Images)There's nothing more frustrating than getting stuck...
Major high street bank reopening branches in U-turn after shutting 800 locations
Major high street bank reopening branches in U-turn after shutting 800 locationsIn a major U-turn after shutting 800 branches across the UK - Barclays has announced they are bringing back in-person experiences and value customer service over chatbotsCommentsMoneyNiamh Kirk Lifestyle Writer14:07, 05 Apr 2026Updated 14:11, 05 Apr 2026View 2 ImagesMore branches are set to open after 800 were closed down(Image: Tang Ming Tung via Getty Images)There's nothing more frustrating than getting stuck...
The Potential Economic Impact of Ending Birthright Citizenship
The Supreme Court heard oral arguments in Trump v. Barbara to consider whether President Trump's executive order restricting birthright citizenship was constitutional. Princeton University Center for Migration & Development Research Fellow Phillip Connor and University of Notre Dame Keough School of Global Affairs Professor Francesc Ortega join Joe Mathieu and Christina Ruffini on Bloomberg This Weekend to discuss the economic impact the move could have on the country. Watch the show LIVE every...
Hong Kong must not undo the good work of its HK$2 transport scheme
The HK$2 (US$0.26) transport fare scheme for the elderly is one of Hong Kong’s most socially significant success stories. But some of the recent changes, and further ones contemplated, seem to be rowing in a different direction. We need to pause and take stock before we inadvertently undo some of our good work. In the process, we should also take the chance to ensure the long-term affordability of the scheme. The subsidy scheme was introduced in 2012 after an announcement in the 2011 policy...
UAE enters world’s top 10 goods exporters, trade reaches Dh6 trillion
Dubai: The UAE has entered the world’s top 10 merchandise exporters for the first time, ranking ninth globally in 2025, according to the World Trade Organization’s World Trade Outlook and Statistics report. The report highlighted exceptional growth in the UAE’s total external trade, which reached Dh6 trillion ($1.63 trillion) in 2025, up from Dh5.23 trillion ($1.42 trillion) in 2024, a significant growth of nearly 15 per cent. The figures include trade in both goods and services...
Sindh CM secures fare freeze after talks with transporters amid fuel price hike
Sindh Chief Minister Murad Ali Shah on Sunday announced that the government had secured a province-wide fare freeze after successful negotiations with transporters. Following increases in petroleum prices due to the ongoing global oil crisis, provinces have announced a host of relief measures for the public. In Sindh and Punjab, these steps include subsidies for motorcyclists, transporters and small-scale farmers. Addressing a high-level press conference at CM House, CM Murad said that following...
OPEC+ agrees to boost oil output when Strait of Hormuz reopens
MOSCOW/LONDON: OPEC+ agreed on Sunday to raise its oil output quotas by 206,000 barrels per day for May, a modest rise that will largely exist on paper as its key members are unable to raise production due to the U.S.-Israeli war with Iran. The war has effectively shut the Strait of Hormuz – the world’s most important oil route – since the end of February and cut exports from OPEC+ members Saudi Arabia, the UAE, Kuwait and Iraq, the only countries in the group which were able...
Dubai property sales hit Dh138.7b in Q1 as investors drive high-value deals
Dubai’s real estate market maintained strong momentum in the first quarter of 2026, recording transactions worth Dh138.7 billion across 44,150 deals, underlining sustained investor confidence and resilient end-user demand despite regional geopolitical uncertainty.The latest market data shows transaction values rose 21.2 per cent year-on-year while volumes increased 4.35 per cent, highlighting a continued shift toward higher-ticket purchases and premium residential assets.“The market is holding...
2,709 new member companies joined Dubai Chamber of Commerce in March 2026
Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has announced that 2,709 new companies joined the chamber during March 2026. The steady growth in membership reflects Dubai’s continuing strong appeal among investors amid all market conditions.The Real Estate, Renting, and Business Services sector accounted for 41.2 per cent of new member companies, followed by the Trading and Services sector with 29.5 per cent. The Construction sector ranked t...
Rising Fuel Costs Put Pressure on Morocco’s Economy
Rabat – Fuel prices are a crucial component in the daily lives of Moroccans, affecting everything from daily commutes to the livelihoods of transport workers. In recent weeks Morocco has seen a renewed surge in fuel prices, raising concern for transportation costs and inflation. The increase is a reflection of the ongoing war between US, Israel, and Iran that has left the global oil market volatile. Fuel prices in Morocco rose sharply by mid-March, with a 13.9% increase from one month prior. Die...
Former World Bank chief says Iran economy collapsing into ‘barter system’ amid conflict
Former World Bank President David Malpass predicted Sunday that Iran’s economy could collapse into a “barter system” as the country’s financial crisis worsens amid the conflict with the U.S. and Israel. “All around the world, people in poor countries struggle with getting money, and they go back to a barter system where — and I’m…
Ask Gulf News: Can your employer deduct from end-of-service benefits for damaged equipment?
Question: I worked for a photography company and resigned one month ago. On my final working day, I returned all the cameras and equipment that I had in my possession. The company accused me of damaging the equipment and deducted an amount from my end-of-service benefits as compensation for the damage to the equipment. My question is: does the company have the right to do so, and what should I do since I do not accept this deduction?Answer: Under Article 51/7 of Labour Law No. 31 of 2021, “The...
Ask Gulf News: Can a Dubai developer forfeit your off-plan property if you miss payments
Question: I bought an off-plan property and lost my job and became unable to pay the monthly instalments. The developer sent me a notice requesting payment; otherwise, it will forfeit the apartment and the money. Does it have the right to do so? What should I do to avoid this?Answer: Based on Dubai real estate laws (Law No. 13 of 2008 and its amendments under Law No. (19) of 2020), developers have the right to terminate a contract if a buyer defaults on payments, after following a regulated pro...
Iran war driving up funeral costs in the UK
Average traditional funeral now costs £4,623, up 1.3% since January, says report from Pure CremationThe war in Iran is pushing up the cost of living in the UK but it is also driving up the “cost of dying” as higher gas prices feed through to funerals.A new report says the average cost of a funeral in Britain is running ahead of inflation, with the war seemingly partly to blame as it has pushed up the price of gas used in crematoriums. Continue reading...
US Mission Says Consulate Relocation Project Contributes up to $100 Million to Morocco’s Economy
Rabat – The US mission in Morocco announced the relocation of the Consulate General in Casablanca to Casa Finance City. The project is estimated at an investment of over $300 million, the embassy said, pledging the creation of hundreds of jobs and contributing up to $100 million to Morocco’s economy during its construction, a statement from the US embassy said. A statement from the US embassy said the relocation from Boulevard Moulay Youssef in Casablanca marks a “new chapter in the enduri...
Dubai allows hotels, businesses to defer fees under new economic measures
Dubai: Dubai has approved a new set of economic measures allowing hotels and businesses to defer key fees for three months, as authorities move to ease short-term cost pressures across the economy.Get updated faster and for FREE: Download the Gulf News app now - simply click here.The measures, announced by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, and Chairman of The Executive Council of Dubai, take effect...
Australia receives fuel export guarantees from Singapore, Japan
Australia’s government has received guarantees from major fuel exporting nations in Asia that supplies will proceed as normal despite the disruptions caused by the war in Iran, Assistant Foreign Affairs and Trade Minister Matt Thistlethwaite said. In an interview with Sky News on Sunday, Thistlethwaite said that he had sought and received pledges from Japan, South Korea and Singapore that shipments of fuel to Australia would continue, amid concerns that some countries might curb exports to...
Middle East war hits Britain’s fish and chip shops
Before war erupted in the Middle East, fisherman Peter Bruce spent about £5,000 ($6,600) on diesel to trawl the North Sea for haddock and cod, the main species used in fish and chips. “Now, the last trip we spent about £10,000,” he told AFP, despite his crew reducing the speed of the boat to save fuel. Bruce, whose boat, Budding Rose, is based in the Scottish port of Peterhead, estimates the extra costs over a year could exceed £100,000. It was not yet clear whether the rise in energy prices wou...
KP govt limits business hours to conserve electricity
PESHAWAR: The Khyber Pakhtunkhwa (KP) government has decided to limit business hours across the province as part of measures aimed at conserving electricity, ARY News reported. According to reports, under the new directives, markets and commercial plazas in divisional headquarters will close at 9:00 PM, while in other districts, they will shut by 8:00 PM. Restaurants, cafes, wedding halls, and all events have been instructed to conclude by 10:00 PM in KP. However, home delivery and takeaway serv...