Business & Economy

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Rachel Reeves's looming financial crisis EXPOSED as Labour splurges £20 BILLION in just ONE MONTH

Rachel Reeves's looming financial crisis EXPOSED as Labour...

Rachel Reeves is facing a deepening financial crisis as new figures reveal Labour...

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Inheritance tax alert: Angela Rayner's secret memo targets major death tax loophole that could wreck UK growth

Inheritance tax alert: Angela Rayner's secret memo targets...

Angela Rayner, Deputy Prime Minister, is under fire after a leaked memo revealed...

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Donald Trump calls for 50% tariffs on EU goods amid trade row

Donald Trump calls for 50% tariffs on EU goods amid trade...

Donald Trump has called for a 50 per cent tariff on all European Union imports....

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Savings alert: Thousands of Britons could claim free £310 - but time is running out to apply

Savings alert: Thousands of Britons could claim free £310...

TSB is now offering what MoneySavingExpert has called the "biggest bank switching...

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Winter Fuel Payment loophole means thousands could still get £300 - even without Pension Credit

Winter Fuel Payment loophole means thousands could still...

Thousands of households could still claim the £300 Winter Fuel Payment despite not...

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Amazon brings fight to Tesco, LIDL, and other UK supermarkets with new sale that cuts 40% off household items

Amazon brings fight to Tesco, LIDL, and other UK supermarkets...

Amazon has launched its first Everyday Essentials sale. From toilet roll to dishwasher...

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Angela Rayner's leaked £800m pension raid could leave retirees punished twice over with 'hefty tax charges'

Angela Rayner's leaked £800m pension raid could leave retirees...

Deputy Prime Minister Angela Rayner is facing backlash over a leaked plan to reinstate...

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Energy bills to FALL by £129 in July - Ofgem confirms price cap drop

Energy bills to FALL by £129 in July - Ofgem confirms price...

Household energy bills will fall by around seven per cent this summer after Ofgem...

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Major car brand becomes first automaker to offer cars on Amazon with new online showroom

Major car brand becomes first automaker to offer cars on...

Skoda has made automotive history by becoming the first European car brand to launch...

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Greggs issues major update on future of high street presence

Greggs issues major update on future of high street presence

Greggs has shared a major update on the future of its UK high street stores, following...

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Exact date Nationwide customers will find out if they’ll get £100 bonus – check if you’re eligible

Exact date Nationwide customers will find out if they’ll...

Millions of Nationwide customers will soon discover whether they'll receive a free...

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UK pensioners could face tax claw-back under winter fuel payment U-turn

UK pensioners could face tax claw-back under winter fuel...

The Government is considering taxing pensioners to recoup winter fuel payments from...

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Santander to shut 23 more branches in June 2025 - full list of locations

Santander to shut 23 more branches in June 2025 - full...

Santander has announced plans to close 23 more branches in June 2025.The decision...

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Keir Starmer considers scrapping key benefit cap as Rachel Reeves faces £3bn budget hit

Keir Starmer considers scrapping key benefit cap as Rachel...

Prime Minister Sir Keir Starmer is considering scrapping the two-child benefit cap...

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Send your Fire TV Stick to Amazon, and upgrade to something more powerful at a VERY affordable price

Send your Fire TV Stick to Amazon, and upgrade to something...

Unplug the Fire TV Stick from the back of your telly, send it back to Amazon and...

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Some Fire TV Sticks will lose access to Netflix next month — will YOU be forced to upgrade?

Some Fire TV Sticks will lose access to Netflix next month...

Netflix is pulling support for older Fire TV hardware on June 3, 2025. The most...

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Mortgage pain grows: Major lenders increase prices as Barclays delivers grim interest rate forecast

Mortgage pain grows: Major lenders increase prices as Barclays...

Major UK lenders have increased mortgage rates following higher-than-expected inflation...

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‘Enormous’ cost of social housing revealed as taxpayers ‘subsidise jobless to live in London’

‘Enormous’ cost of social housing revealed as taxpayers...

New research from the Prosperity Institute has revealed the "enormous" cost of social...

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State pension age alert: Britons warned rise to 70 ‘almost inevitable’ after Denmark announces Europe's biggest hike

State pension age alert: Britons warned rise to 70 ‘almost...

Denmark is on course to have the highest retirement age in Europe after passing...

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State pension age rise ‘almost inevitable’: Ann Widdecombe issues warning as Denmark raises the bar

State pension age rise ‘almost inevitable’: Ann Widdecombe...

Former Conservative MP Ann Widdecombe has warned that raising the UK state pension...

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Britons face 100% property tax in Spain as PM pushes ahead with controversial new plan

Britons face 100% property tax in Spain as PM pushes ahead...

Spain is pushing ahead with plans to impose a 100 per cent tax on British and other...

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Angela Rayner plots to 'dial up the pain' by pushing six million workers into top income tax bracket

Angela Rayner plots to 'dial up the pain' by pushing six...

Angela Rayner has proposed extending the freeze on the 45p additional rate income...

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Post Office scandal to 'drag on even further' with compensation delays, Wooding warns

Post Office scandal to 'drag on even further' with compensation...

The victims of the Post Office Horizon IT scandal are facing "another fight on their...

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Treatment of Post Office victims is a 'scandal on top of a scandal', former sub-postmistress claims

Treatment of Post Office victims is a 'scandal on top of...

Former Post Office sub-postmistress Janet Skinner has accused the Government of...

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Donald Trump delays plans to impose 50 per cent tariffs on EU tariffs

Donald Trump delays plans to impose 50 per cent tariffs...

President Donald Trump has delayed plans to impose 50 per cent tariffs on European...

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Keir Starmer's benefits U-turn to blow £5bn hole in Reeves's Budget

Keir Starmer's benefits U-turn to blow £5bn hole in Reeves's...

Sir Keir Starmer has been warned he risks creating a £5billion hole in the public...

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Last chance to save 40% on household essentials as Amazon challenges Tesco, Aldi, and other UK supermarkets

Last chance to save 40% on household essentials as Amazon...

Time is running out to secure a bargain in Amazon's first-ever Everyday Essentials...

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Post Office victims facing 'another fight on their hands' after 'disgraceful' delay in compensation: 'Another scandal in the making'

Post Office victims facing 'another fight on their hands'...

The victims of the Post Office Horizon IT scandal are facing "another fight on their...

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'Damn-right war on victims!' Former Post Office sub-postmistress blasts fresh compensation delay: 'Scandal on top of a scandal'

'Damn-right war on victims!' Former Post Office sub-postmistress...

Former Post Office sub-postmistress Janet Skinner has accused the Government of...

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'I gave everything to my job, now I’m punished for being too ill to work' PIP claimant fears for future as DWP cuts benefits

'I gave everything to my job, now I’m punished for being...

Disabled people across the UK are facing significant changes to Personal Independence...

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Jaguar Land Rover ‘cannot discount’ building cars in US amid tariffs

Jaguar Land Rover ‘cannot discount’ building cars in US...

However, the company said it currently has ‘no immediate plans’ to shift production...

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British boss of US healthcare giant UnitedHealth quits for ‘personal reasons’

British boss of US healthcare giant UnitedHealth quits...

The move comes five months after one of the company’s top executives was killed...

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Thames Water chairman apologises to customers but defends bonuses for bosses

Thames Water chairman apologises to customers but defends...

Sir Adrian Montague revealed to MPs how close the company had come to running out...

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Thames Water warns customers of potential restrictions as drought risk looms

Thames Water warns customers of potential restrictions...

Chief executive Chris Weston said the company is doing ‘all we need to’ to prepare...

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Pub group Marston’s returns to profit after cost cuts and drawing in punters

Pub group Marston’s returns to profit after cost cuts and...

The company reported a pre-tax profit of £19 million for the six months to March...

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Revolution Beauty shares plunge as it reviews funding options

Revolution Beauty shares plunge as it reviews funding options

Shares in the troubled firm dropped by as much as 40% on Tuesday morning, to their...

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Nissan to shut seven factories and slash 20,000 jobs globally

Nissan to shut seven factories and slash 20,000 jobs globally

The Japanese car maker has said it will cut 11,000 more jobs than originally planned,...

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Energy firms paid out £152 million to vulnerable customers over past six years

Energy firms paid out £152 million to vulnerable customers...

Fuel vouchers and advice on how to save energy have been funded by £150 million...

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Amigo boss steps down as lender seeks lifeline before it runs out of cash

Amigo boss steps down as lender seeks lifeline before it...

Kerry Penfold will immediately leave her role as chief executive and director of...

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British Airways says it has slashed delays by using AI

British Airways says it has slashed delays by using AI

The airline said two-thirds of its departures from Heathrow airport left ahead of...

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Democrats take a break from going after Trump to go after Pepsi

Democrats take a break from going after Trump to go after...

Senators Elizabeth Warren, Cory Booker, and Rep. Jerry Nadler are demanding that...

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FTSE 100 flat after data shows UK jobs market ‘cooling’

FTSE 100 flat after data shows UK jobs market ‘cooling’

New figures on Tuesday showed unemployment rose to 4.5% in the quarter to March,...

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Government asks Nissan for full details over factory closure plans

Government asks Nissan for full details over factory closure...

Nissan revealed earlier on Tuesday that it will shut seven factories and cut around...

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Is gold still a good investment after price hits all-time high?

Is gold still a good investment after price hits all-time...

The price per ounce has recently hit $3500 before pulling back - what’s next for...

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Rachel Reeves to launch massive ISA shake-up as pressure mounts to cut £20,000 tax-free allowance

Rachel Reeves to launch massive ISA shake-up as pressure...

Chancellor Rachel Reeves is preparing to launch a review of the ISA market within...

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Pension hack could help employers avoid 'rising tax costs' from National Insurance raid

Pension hack could help employers avoid 'rising tax costs'...

Employers across the UK are facing challenges as hiring falls to record lows amid...

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Savings alert: Britons could miss out on £77k 'high interest' boost by not making 'simple changes'

Savings alert: Britons could miss out on £77k 'high interest'...

Britons could be missing out on a savings boost worth up to £77,000 over the course...

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State pension age increase set to reward Rachel Reeves's Treasury with £10.4bn savings boon

State pension age increase set to reward Rachel Reeves's...

Raising the state pension age to 67 by 2029-30 will generate a £10.4billion for...

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Rachel Reeves faces toughest test yet as IMF launches probe into Labour's economy 'reform'

Rachel Reeves faces toughest test yet as IMF launches probe...

Chancellor Rachel Reeves's economic agenda will face its biggest test year yet as...

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Economy update: Ftse 100 surges as Donald Trump-China trade talks reach 'major breakthrough'

Economy update: Ftse 100 surges as Donald Trump-China trade...

The Ftse 100 opened higher on Monday morning, gaining 0.8 per cent as investors...

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HMRC urged to provide update on car tax loophole impacting petrol, diesel and electric vehicle drivers

HMRC urged to provide update on car tax loophole impacting...

Experts have criticised the Government for failing to outline plans ahead of the...

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Pensioners urged to get 'mid-retirement MOT' as private savings may not be enough

Pensioners urged to get 'mid-retirement MOT' as private...

Britons are becoming increasingly reliant on the state pension to fund their retirement...

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United States 'signs trade deal with China' after Donald Trump hails 'great progress made'

United States 'signs trade deal with China' after Donald...

The United States and China have signed a "trade deal" after a more than month-long...

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Retirement warning: 90% of baby boomers rely on savings to cover everyday costs, damning report unveils - 'deeply concerning'

Retirement warning: 90% of baby boomers rely on savings...

Across the UK, many older people are dipping into their life savings just to keep...

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'Economy is on its knees!' Bank of England SLAMMED for not going far enough with interest rate cuts

'Economy is on its knees!' Bank of England SLAMMED for...

The Bank of England is under fire for not going far enough in its cut to interest...

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Universal Credit claimants face £5k fine if they fail to report 18 changes to DWP - full list here

Universal Credit claimants face £5k fine if they fail to...

Universal Credit claimants must report 18 specific changes in their circumstances...

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Virgin Money launches 'competitive' savings account with 6.5% interest rate in boon for savers

Virgin Money launches 'competitive' savings account with...

Virgin Money has launched a new Regular Saver Exclusive Issue 2, offering customers...

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State pensioners could be eligible for £80 a week payment boost by making 'five minute call' to DWP

State pensioners could be eligible for £80 a week payment...

Britons are being urged to make a "five minute call" to the Department for Work...

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Iceland announces store closures within weeks in major blow to shoppers - 'Another nail in the coffin!'

Iceland announces store closures within weeks in major...

Iceland has announced the closure of two major stores in the UK by the end of July,...

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Asda SCRAPS discount card in major blow to millions of shoppers: 'Time to change supermarket!'

Asda SCRAPS discount card in major blow to millions of...

Asda is set to end its Blue Light Card discount partnership, leaving millions of...

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NatWest customer told to 'do banking online' after being left upset by pride flags

NatWest customer told to 'do banking online' after being...

A NatWest customer was told to use online banking after complaining about being...

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Nationwide announces key update on £100 bonus payments - check your eligibility

Nationwide announces key update on £100 bonus payments...

Nationwide Building Society has announced an important date for a new round of bonus...

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DWP crackdown to hit 150,000 PIP claimants as benefit payments to be cut

DWP crackdown to hit 150,000 PIP claimants as benefit payments...

Thousands of families could soon face a major financial blow as changes to disability...

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State pension alert: Thousands of British retirees in Europe get up to £35,000 a year

State pension alert: Thousands of British retirees in Europe...

Thousands of British retirees living in Europe are receiving state pensions of up...

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Lloyds snubs Rachel Reeves's £50bn bid to boost British companies

Lloyds snubs Rachel Reeves's £50bn bid to boost British...

Lloyds Bank has delivered a blow to Rachel Reeves’s investment plans by snubbing...

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'Savers at risk!': Top paying accounts of the week listed as providers cut interest rates after Bank of England decision

'Savers at risk!': Top paying accounts of the week listed...

Savers are being urged to act fast as top-paying savings accounts now offer rates...

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State pension alert: DWP urged to lower retirement age for 'unemployed' Britons after benefit cuts

State pension alert: DWP urged to lower retirement age...

Campaigners are calling for the state pension age to be lowered for unemployed Britons...

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Marks & Spencer cyber attack update: Customer data stolen in major blow to shoppers

Marks & Spencer cyber attack update: Customer data stolen...

Marks & Spencer shoppers have been dealt another blow with the department store...

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Pension system overhaul to 'unlock billions' for economy and boost retirement savings, Rachel Reeves claims

Pension system overhaul to 'unlock billions' for economy...

Chancellor Rachel Reeves's overhaul of the pension system continues with multiple...

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Economy warning: UK unemployment rate jumps after Rachel Reeves's 'National Insurance rise'

Economy warning: UK unemployment rate jumps after Rachel...

The unemployment rate in the UK has risen slightly as experts warn the impact of...

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Nationwide 'dehumours' man after sending 'offensive' payment reference to friend - 'Good old banter at risk'

Nationwide 'dehumours' man after sending 'offensive' payment...

A bank customer says "good old banter" is at risk after he was told a joke payment...

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The true cost of retirement unveiled as only 36% of pension savers on track for moderate income

The true cost of retirement unveiled as only 36% of pension...

Time is running out for millions of people to secure a comfortable retirement. With...

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Mortgage warning: Over 800,000 homeowners 'in the dark' about interest rate shake-up that could lead to payment increases

Mortgage warning: Over 800,000 homeowners 'in the dark'...

More than 800,000 UK homeowners could face a financial shock this year as their...

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Martin Lewis offers hope for drivers ahead of Supreme Court's car finance scandal decision

Martin Lewis offers hope for drivers ahead of Supreme Court's...

Drivers caught up in the car finance scandal could receive an update in the coming...

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Bank of England set to cut interest rates as US tariff impact in focus

Bank of England set to cut interest rates as US tariff...

Most economists are expecting rates to be reduced by 0.25 percentage points on Thursday.

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Co-op admits hackers accessed customer details in cyberattack

Co-op admits hackers accessed customer details in cyberattack

Supermarket says the hackers ‘accessed data relating to a significant number of...

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Barclays sees profits surge as tariffs turmoil boosts trading activity

Barclays sees profits surge as tariffs turmoil boosts trading...

The banking group reported a better-than-expected 19% rise in pre-tax profits to...

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Overseas demand for UK manufacturing exports sinks to five-year low

Overseas demand for UK manufacturing exports sinks to five-year...

Manufacturing production has been shrinking for seven months in a row.

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Persimmon ‘mindful’ of trade war impact but says home sales on track

Persimmon ‘mindful’ of trade war impact but says home sales...

The housebuilder is forecasting a sharp jump in home sales this year, but said economic...

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Elon Musk and DOGE promised $2 trillion in savings. In reality, government spending is up

Elon Musk and DOGE promised $2 trillion in savings. In...

The Trump administration has reportedly spent more than 6 percent as the Biden administration...

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EVs could power homes if UK suffers major power cut – think tank

EVs could power homes if UK suffers major power cut – think...

The Energy and Climate Intelligence Unit said 60% of an EV’s battery is capable...

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Oil refining comes to an end in Scotland as Grangemouth halts processing work

Oil refining comes to an end in Scotland as Grangemouth...

The industrial site in central Scotland was the last oil refinery operating north...

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Whitbread profits slide amid restaurant closures and ‘softer’ UK demand

Whitbread profits slide amid restaurant closures and ‘softer’...

The company, which also owns Beefeater restaurants, told shareholders that adjusted...

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Lloyds sees profits dip as bad debt provisions jump

Lloyds sees profits dip as bad debt provisions jump

The group reported a 7% drop in pre-tax profits to £1.52 billion for the three months...

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Rolls-Royce says trading ‘strong’ despite tariffs and supply chain issues

Rolls-Royce says trading ‘strong’ despite tariffs and supply...

The London-based company stressed it expects to ‘offset’ the impact of announced...

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Revolut to join the mobile phone plan shake-up with key roaming offer included

Revolut to join the mobile phone plan shake-up with key...

The fintech company already offers an eSIM product, while the Octopus Group

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Top business award for London Stock Exchange chief executive

Top business award for London Stock Exchange chief executive

Dame Julia Hoggett was praised for her leadership and impact in financial services...

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Wall Street falls while FTSE 100 regains losses after US economy shrinks

Wall Street falls while FTSE 100 regains losses after US...

The American economy contracted by 0.3% in the first three months of the year amid...

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Royal Mail owner’s £3.6bn takeover approved by shareholders

Royal Mail owner’s £3.6bn takeover approved by shareholders

Investors holding 80% of the group’s share capital had approved the takeover by...

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Melrose shareholders reject pay deals worth £200m for four top bosses

Melrose shareholders reject pay deals worth £200m for four...

The chairman of the London-listed company told investors ‘I understand your concerns’...

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Forbes laments ‘dark moment’ at Grangemouth but says ‘real progress’ being made

Forbes laments ‘dark moment’ at Grangemouth but says ‘real...

The Deputy First Minister told MSPs Scottish Enterprise has received 66 inquiries...

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Hundreds of workers at Ofgem balloted for strikes in dispute over pay and jobs

Hundreds of workers at Ofgem balloted for strikes in dispute...

More than 700 members of the PCS in Glasgow, London and Cardiff will vote in the...

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Vets could face medicines price cap in competition probe

Vets could face medicines price cap in competition probe

The competition watchdog is looking into the veterinary industry after 56,000 people...

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HSBC chairman Mark Tucker to retire after eight-year tenure

HSBC chairman Mark Tucker to retire after eight-year tenure

HSBC said it had kick-started a search for a new chairman after Mark Tucker told...

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P&O Ferries’ auditor quits after years of late financial accounts

P&O Ferries’ auditor quits after years of late financial...

KPMG had been P&O Ferries’ auditor since 2007 but resigned recently, according to...

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Data is driving trade deal pursuit, not ‘post-imperial delusion’, minister says

Data is driving trade deal pursuit, not ‘post-imperial...

The Liberal Democrats are warning the Government that a summit with the European...

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Council must ‘come to its senses’, union chief says amid fresh bin strike talks

Council must ‘come to its senses’, union chief says amid...

Unite general secretary Sharon Graham is leading the union’s negotiating team as...

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Rio Tinto investors reject call to drop primary London listing

Rio Tinto investors reject call to drop primary London...

More than 80% of investor votes cast at its annual general meeting on Thursday were...

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UK banks set to reassure households as tariffs ‘watershed’ moment for economy

UK banks set to reassure households as tariffs ‘watershed’...

Some of the country’s biggest high street lenders will publish their latest financial...

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Store closures update: Hobbycraft to shut down multiple locations this year - full list

Store closures update: Hobbycraft to shut down multiple...

Hobbycraft is the latest high street staple that is set to close multiple stores...

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