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Trump made more than $1bn from crypto in first year back in office
US President Donald Trump made more than $1bn (£750m) last year from business dealings in cryptocurrency, according to his mandatory financial report for 2025. In a 927-page disclosure, he reported $635m in royalties from a Trump meme coin that has plunged in value since he launched it days before taking office. He also reported over…
Child benefit: HMRC to review thousands of suspended payments
Eimear DevlinBBC Money Box reporter Eve Craven Eve Craven had her child benefit halted after she went on a five-day trip to New York with her son The UK’s tax body is reviewing its decisions to strip child benefit from about 23,500 claimants after it used travel data to conclude they had left the country…
Kent uniform bank now helping working families and professionals
A food bank that offers free school uniforms has said that full time and self-employed professionals are among those relying on its support. The Community Cupboard in Kent has begun offering pre-loved school uniforms to local families during the school holidays. The volunteer-run service provides food supplies and support to families struggling to make ends…
Reeves acknowledges she is looking at tax and spending ahead of Budget
Chancellor Rachel Reeves has acknowledged she is “looking at tax and spending”, ahead of her autumn Budget next month. Reeves said she would “always make sure the numbers add up”, in an interview with Sky news against a backdrop of slow economic growth and mounting government debt. The chancellor has previously hinted at tax rises,…
