Business & Economy

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Martin Lewis warns £30billion in lost pensions is waiting to be claimed

Martin Lewis warns £30billion in lost pensions is waiting...

Martin Lewis has warned around £30billion is sitting unclaimed in lost pension pots...

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Major British meat supplier crashes into administration with 130 jobs at risk

Major British meat supplier crashes into administration...

Holmesterne Foods, a long-established North Yorkshire meat supplier that operated...



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'HMRC need to fix this!' Pensioners warned over tax return error that could leave 1.7 million overcharged

'HMRC need to fix this!' Pensioners warned over tax return...

HM Revenue and Customs (HMRC) has admitted a significant administrative error that...

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Global recession looms as IMF warns oil prices could hit $130 per barrel as UK GDP growth downgraded

Global recession looms as IMF warns oil prices could hit...

A global recession threatens the worldwide economy as oil prices risk surging towards...

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Lloyds Bank confirms £50 rule change to hit THOUSANDS of bank accounts next month

Lloyds Bank confirms £50 rule change to hit THOUSANDS of...

Lloyds Bank is axing a popular overdraft benefit that thousands of account holders...

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Households earning £60,000 could be missing out on an extra £35,562 as wealth gap grows

Households earning £60,000 could be missing out on an extra...

Britons earning up to £60,000 a year could be missing out on tens of thousands of...

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UK borrowing costs surge as investors spooked by 'King of the North' Andy Burnham

UK borrowing costs surge as investors spooked by 'King...

UK Government borrowing costs climbed sharply on Friday morning as fresh concerns...

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NS&I announces rate hikes for Premium Bonds and multiple savings accounts - full list here

NS&I announces rate hikes for Premium Bonds and multiple...

National Savings and Investments (NS&I) has confirmed a Premium Bonds prize fund...

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British Gas to pay £20million compensation to thousands of customers after prepayment meter scandal

British Gas to pay £20million compensation to thousands...

British Gas is set to pay a £20million settlement to thousands of customers impacted...

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The first Briton to donate more than £1billion in a year to charity revealed

The first Briton to donate more than £1billion in a year...

Sir Chris Hohn has become the first billionaire in Britain to donate more than £1billion...

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Pound plummets to one-month low amid panic after Andy Burnham confirms he'll stand for Parliament

Pound plummets to one-month low amid panic after Andy Burnham...

The pound fell to a one-month low last night after Andy Burnham confirmed he would...

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DWP benefits crackdown: Universal Credit, PIP and Pension Credit among payments under fresh review

DWP benefits crackdown: Universal Credit, PIP and Pension...

The Department for Work and Pensions (DWP) has confirmed five major benefits will...

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Pension warning issued as half a million savers empty retirement funds

Pension warning issued as half a million savers empty retirement...

Nearly half a million pension savers emptied their retirement funds entirely upon...

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Civil servants collecting pensions above £150,000 as taxpayer bill hits 'unaffordable' £7billion

Civil servants collecting pensions above £150,000 as taxpayer...

For the first time in recorded history, retired civil servants are collecting annual...

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Store closures update: UK high street could lose up to 60 Post Office branches in major restructuring

Store closures update: UK high street could lose up to...

Dozens of Post Office branches inside former WH Smith stores could shut under major...

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Retirees warned you're 'paying more tax than you need to' as 500,000 rush to withdraw pension savings

Retirees warned you're 'paying more tax than you need to'...

Hundreds of thousands of retirees could be paying far more tax than necessary when...

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UK clothing manufacturer shuts down after 40 years of business: 'Difficult situation!'

UK clothing manufacturer shuts down after 40 years of business:...

A UK clothing manufacturer is the latest business to close for good, with all its...

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HMRC warning as families could be denied 50 per cent of pensions for up to 15 months under new laws

HMRC warning as families could be denied 50 per cent of...

Bereaved families could face long delays accessing pension money left behind by...

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HMRC alert: 'Unexpected' tax bills blindside Britons as thousands miss deadline

HMRC alert: 'Unexpected' tax bills blindside Britons as...

Accountants are sounding the alarm over the rise in businesses and self-employed...

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Pension savers born in these years urged to act or risk being locked out of retirement funds

Pension savers born in these years urged to act or risk...

Pension savers born in certain years could be blocked from accessing their retirement...

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Octopus Energy to offer free electricity when power surges on the grid

Octopus Energy to offer free electricity when power surges...

Octopus Energy is expanding its free electricity scheme for customers during periods...

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Red Arrows in turmoil as British firm behind next generation of jets collapses

Red Arrows in turmoil as British firm behind next generation...

Aeralis, a British aerospace firm developing a successor to the Red Arrows' jets,...

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State pension warning as 'vast majority' to be hit with income tax bills despite Labour pledge

State pension warning as 'vast majority' to be hit with...

Millions of pensioners could soon find themselves paying income tax on their state...

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Britain's old oil capital risks being abandoned by Labour 'sleepwalkers', business chief warns

Britain's old oil capital risks being abandoned by Labour...

For decades, it was Europe’s capital of oil. With unrivalled knowledge on operating...

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Major bank launches current account with £9,000 worth of rewards including airport lounges and subscriptions

Major bank launches current account with £9,000 worth of...

Revolut has launched its most expensive premium account to date, offering customers...

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Tesco boss handed £10.8million pay package as millions of Britons skip meals

Tesco boss handed £10.8million pay package as millions...

Tesco chief executive Ken Murphy received a total remuneration package worth £10.8million...

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HMRC confirms state pensioners earning over £35,000 face clawback through higher tax bills

HMRC confirms state pensioners earning over £35,000 face...

HM Revenue and Customs (HMRC) has confirmed state pensioners earning more than £35,000...

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DWP crisis as nearly £10BILLION lost to benefit payment fraud and errors

DWP crisis as nearly £10BILLION lost to benefit payment...

The Department for Work and Pensions (DWP) has published its annual Fraud and Error...

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State pension tax CONFIRMED as 'vast majority' of retirees to miss out on Rachel Reeves's relief

State pension tax CONFIRMED as 'vast majority' of retirees...

Research published today by pension specialists LCP reveals that Chancellor Rachel...

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HMRC issues inheritance tax update ahead of 'nightmare' raid on pension savings

HMRC issues inheritance tax update ahead of 'nightmare'...

HM Revenue and Customs (HMRC) has issued an update on the upcoming inheritance tax...

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Business Secretary announces electricity discounts of £420 million

Business Secretary announces electricity discounts of £420...

Peter Kyle would not comment on whether firms could expect to see tax increases...

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Watchdog’s car finance scheme could short-change consumers, MPs say

Watchdog’s car finance scheme could short-change consumers,...

A new report from the All-Party Parliamentary Group on fair banking calls on the...

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Stocks struggle despite manufacturing improvement

Stocks struggle despite manufacturing improvement

UK manufacturing output expanded for the first time in a year in October, according...

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Business news live - Banks bet on interest rate cut this week and UK household bills rise 8% in a year

Business news live - Banks bet on interest rate cut this...

Stock market news plus latest business and personal finance updates from Monday

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Manufacturing production increases after JLR factory restart

Manufacturing production increases after JLR factory restart

Manufacturers also pointed towards subdued UK demand amid caution ahead of the autumn...

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BP accelerates overhaul with higher asset sale target as profits beat forecasts

BP accelerates overhaul with higher asset sale target as...

The oil giant reported third quarter underlying replacement cost profits of 2.21...

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First new Amazon electric heavy goods vehicles hit UK roads

First new Amazon electric heavy goods vehicles hit UK roads

The online giant said it would eventually have 160 eHGVs, the largest number of...

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Farage says substantial tax cuts ‘not realistic’

Farage says substantial tax cuts ‘not realistic’

The Reform UK leader used a speech in London on Monday to promise sweeping deregulation,...

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Scale of workplace violence and abuse ‘shocking and unacceptable’, says charity

Scale of workplace violence and abuse ‘shocking and unacceptable’,...

The Suzy Lamplugh Trust commissioned polling to assess workers’ experiences and...

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More than 55,000 UK firms in severe distress, research shows

More than 55,000 UK firms in severe distress, research...

Experts have warned that the upcoming autumn Budget ‘must deliver urgent support...

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AB Foods considers spinning off Primark after annual profits fall

AB Foods considers spinning off Primark after annual profits...

Associated British Foods announced a review of the structure of the group alongside...

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Economy warning: Debt crisis 'something to be concerned about' as UK borrowing grows faster than any advanced nation

Economy warning: Debt crisis 'something to be concerned...

Britain’s borrowing has risen faster than any other major developed country over...

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Dawn Neesom issues stark warning as 'ordinary workers' could be slammed by Labour's tax plans: 'Ridiculous!'

Dawn Neesom issues stark warning as 'ordinary workers'...

Dawn Neesom has issued a stark warning over Labour’s tax plans, saying ordinary...

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Pension warning as 700,000 retirees face payment delays amid £239million contract chaos

Pension warning as 700,000 retirees face payment delays...

More than 700,000 retired civil servants could see their pension payments disrupted...

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NS&I announces Premium Bonds winners for November 2025 - who took home the £1million prize?

NS&I announces Premium Bonds winners for November 2025...

NS&I has confirmed the winning bond numbers for November 2025 with savers being...

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Rachel Reeves eyes DOUBLING council tax bills for over one million homes - with top bands hitting £10,000 a year

Rachel Reeves eyes DOUBLING council tax bills for over...

Chancellor Rachel Reeves is exploring proposals to double council tax rates for...

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'UK must act fast or fall behind' warns Coinbase executive

'UK must act fast or fall behind' warns Coinbase executive

A leading figure at cryptocurrency exchange Coinbase has issued an urgent warning...

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'It's the beginning of the end!' Stephen Dixon opens up about Rachel Reeves' Budget - and a 'theory' he has about Keir Starmer's Cabinet

'It's the beginning of the end!' Stephen Dixon opens up...

Presenter Stephen Dixon shared that he "really doesn't know" what to expect from...

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'It's transformed our retirement': Couple shares side hustle that makes an extra £636 a month

'It's transformed our retirement': Couple shares side hustle...

A Banbury couple say they’ve found a simple way to boost their income in retirement...

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Council tax warning as Rachel Reeves considers higher tax bands in Budget raid on property wealth

Council tax warning as Rachel Reeves considers higher tax...

Chancellor Rachel Reeves is expected to introduce new council tax bands for expensive...

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Pensioners to be 'clobbered' with £1,000 tax hit as Rachel Reeves accused of 'mental gymnastics' over Budget plans

Pensioners to be 'clobbered' with £1,000 tax hit as Rachel...

Pensioners could be left more than £1,000 worse off under Rachel Reeves’ reported...

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'Missed opportunity': Free bus pass plans scrapped as Labour makes U-turn

'Missed opportunity': Free bus pass plans scrapped as Labour...

Plans to give free bus travel to under-22s across England have been scrapped, with...

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Rachel Reeves slammed as 'reckless' as she plots NEW £4billion tax raid on pension perks

Rachel Reeves slammed as 'reckless' as she plots NEW £4billion...

Chancellor Rachel Reeves faces mounting pressure over proposals for a pension tax...

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'Foreign money' to wipe out 'generations of blood, sweat and tears', farmer warns

'Foreign money' to wipe out 'generations of blood, sweat...

Farmer and pumpkin patch owner Jonathan Lukies has warned that generations of "blood,...

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Savings warning to all Britons with £10,000 in bank savings accounts

Savings warning to all Britons with £10,000 in bank savings...

UK savers with £10,000 in low-interest bank accounts are missing out on potential...

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Best savings accounts of the week: Savers urged to 'shop around' as account offers 7.5% rate - full list

Best savings accounts of the week: Savers urged to 'shop...

Britons are being urged to enjoy "real returns" on their savings account by switching...

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UK unemployment rate to hit 5% next year as Rachel Reeves £25billion 'jobs tax' bites Britain

UK unemployment rate to hit 5% next year as Rachel Reeves...

Britain’s unemployment rate is expected to rise to five per cent by early next year...

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Car finance scandal compensation scheme is 'unfit for purpose' as millions of drivers could lose out

Car finance scandal compensation scheme is 'unfit for purpose'...

Experts are warning that the proposed car finance compensation scheme is "unfit...

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Hundreds of pubs go bust as Rachel Reeves’ tax hikes sparks highest insolvency rise in a DECADE

Hundreds of pubs go bust as Rachel Reeves’ tax hikes sparks...

One-in-eight UK pubs are at risk of closure following Rachel Reeves' tax reforms,...

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HMRC urged to make cost changes impacting petrol, diesel and electric cars as drivers face 'nightmare'

HMRC urged to make cost changes impacting petrol, diesel...

Industry specialists are urging the Government to provide enhanced clarity on electric...

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British households now face £1.28million tax bill over lifetime

British households now face £1.28million tax bill over...

British households now face a lifetime tax bill of £1.28million, with income tax...

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Millions of pensioners to receive £300 automatic payment from DWP this month - check who's eligible

Millions of pensioners to receive £300 automatic payment...

Millions of older people across the UK will receive financial support to help with...

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Rachel Reeves issued urgent tax warning as Budget VAT hike would hit elderly and rural Britons hardest

Rachel Reeves issued urgent tax warning as Budget VAT hike...

Dozens of taxi companies have called on Chancellor Rachel Reeves to avoid introducing...

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Rachel Reeves could axe Motability benefits to prevent drivers receiving 'luxury cars'

Rachel Reeves could axe Motability benefits to prevent...

Chancellor Rachel Reeves could consider removing leases for "luxury cars" from the...

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Traditional British sports 'under threat' as Rachel Reeves plans £1billion betting tax hike

Traditional British sports 'under threat' as Rachel Reeves...

Rachel Reeves has been warned that any betting tax rises will cripple traditional...

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Pound PLUMMETS and Ftse loses £22bn after Rachel Reeves hints at tax rises in pre-Budget speech

Pound PLUMMETS and Ftse loses £22bn after Rachel Reeves...

The pound plummeted to a nearly seven month low and £22billion has been wiped out...

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Aldi to open 16 new supermarket stores before Christmas - full list here

Aldi to open 16 new supermarket stores before Christmas...

Aldi has announced plans to open 16 new stores in the lead-up to Christmas as part...

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Rachel Reeves plots tax hikes as Britons 'fear' Budget 2025 - full list of FIVE HMRC raids coming your way

Rachel Reeves plots tax hikes as Britons 'fear' Budget...

Chancellor Rachel Reeves is widely expected to break Labour's manifesto promise...

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Pensioners warned of 'inevitable' tax hike as Rachel Reeves makes 'hard and serious' choice

Pensioners warned of 'inevitable' tax hike as Rachel Reeves...

Speculation is mounting that Chancellor Rachel Reeves may abandon Labour's election...

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Bank of England told it 'must do so much more' to tackle climate change

Bank of England told it 'must do so much more' to tackle...

Wildlife conservation organisation WWF has warned that the Bank of England must...

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'Looked at me and ignored us!' Rachel Reeves shunned GB News in pre-Budget briefing likened to 'going to the dentist'

'Looked at me and ignored us!' Rachel Reeves shunned GB...

Rachel Reeves has snubbed GB News today as she delivered a pre-budget briefing....

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Consumer groups question benefits of lower standing charge tariff proposals

Consumer groups question benefits of lower standing charge...

Citizens Advice raised concerns that not only would the plans not bring down people’s...

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Over-50s group Saga returns to profit as holidays and cruise trips buoyant

Over-50s group Saga returns to profit as holidays and cruise...

Shares in the business, which counts millions of people over 50 as its customers,...

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Farage presses Bank governor on cryptocurrency and quantitative easing

Farage presses Bank governor on cryptocurrency and quantitative...

The meeting with Andrew Bailey was described as a positive engagement.

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Jaguar Land Rover supply chain firms could get government support after cyber attack disruption

Jaguar Land Rover supply chain firms could get government...

A furlough scheme has been called for by unions but is not expected to be an option

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UK to get biggest proportion of investment in ScottishPower owner’s £51bn plan

UK to get biggest proportion of investment in ScottishPower...

The company said the UK was in ‘pole position’ to benefit from the sprawling investment...

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H&M shuts more stores globally as cost-cutting boosts profits

H&M shuts more stores globally as cost-cutting boosts profits

The Swedish clothing giant said on Wednesday that it has closed 135 stores over...

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Co-operative Group set to take £120m full-year earnings hit from cyberattack

Co-operative Group set to take £120m full-year earnings...

The retailer suffered an £80 million blow to its interim earnings and is expecting...

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Economy and tax worries holding back small business spending, Barclays warns

Economy and tax worries holding back small business spending,...

Business investment refers to spending on assets like buildings, machinery and intellectual...

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Government considers support measures for JLR supply chain firms

Government considers support measures for JLR supply chain...

However, it is not expected to launch a Covid-style furlough scheme for the suppliers...

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Co-operative reveals ‘malicious’ cyber attack cost retailer £206m in lost revenue

Co-operative reveals ‘malicious’ cyber attack cost retailer...

The cyber attack led to widespread disruption including empty shelves and payment...

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Bank of England rate-setter says risks to UK inflation justify slower cuts

Bank of England rate-setter says risks to UK inflation...

Megan Greene, a member of the Bank’s rate-setting committee, said there needed to...

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Copper and oil gains aid FTSE 100 after lacklustre opening

Copper and oil gains aid FTSE 100 after lacklustre opening

The FTSE 100 index closed up 27.11 points.

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Lego to buy discovery centres from entertainment giant in £200m deal

Lego to buy discovery centres from entertainment giant...

The Lego and Legoland branded discovery centres are based around the world

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What business AI will really look like in 2026

What business AI will really look like in 2026

THE ARTICLES ON THESE PAGES ARE PRODUCED BY BUSINESS REPORTER, WHICH TAKES SOLE...

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From Jammu to London: a quiet tech bridge reimagined

From Jammu to London: a quiet tech bridge reimagined

THE ARTICLES ON THESE PAGES ARE PRODUCED BY BUSINESS REPORTER, WHICH TAKES SOLE...

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Fortifying pharmaceutical innovation, from laboratory to clinic

Fortifying pharmaceutical innovation, from laboratory to...

THE ARTICLES ON THESE PAGES ARE PRODUCED BY BUSINESS REPORTER, WHICH TAKES SOLE...

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Powering the modern transportation management experience

Powering the modern transportation management experience

THE ARTICLES ON THESE PAGES ARE PRODUCED BY BUSINESS REPORTER, WHICH TAKES SOLE...

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Driving digital change with Microsoft business applications

Driving digital change with Microsoft business applications

THE ARTICLES ON THESE PAGES ARE PRODUCED BY BUSINESS REPORTER, WHICH TAKES SOLE...

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Revolutionising retail: how AI-powered insights drive smarter decisions

Revolutionising retail: how AI-powered insights drive smarter...

THE ARTICLES ON THESE PAGES ARE PRODUCED BY BUSINESS REPORTER, WHICH TAKES SOLE...

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Three foundational data principles to free enterprise AI from the sidelines

Three foundational data principles to free enterprise AI...

THE ARTICLES ON THESE PAGES ARE PRODUCED BY BUSINESS REPORTER, WHICH TAKES SOLE...

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Connectivity downtime costs revenue and reputation – can you afford it?

Connectivity downtime costs revenue and reputation – can...

THE ARTICLES ON THESE PAGES ARE PRODUCED BY BUSINESS REPORTER, WHICH TAKES SOLE...

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British Airways cuts hot breakfast service in latest business class ‘trial’

British Airways cuts hot breakfast service in latest business...

The flag-carrier will only serve a continental breakfast on certain routes

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Cotton Traders increases its investment in product strategy

Cotton Traders increases its investment in product strategy

THE ARTICLES ON THESE PAGES ARE PRODUCED BY BUSINESS REPORTER, WHICH TAKES SOLE...

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Mounjaro manufacturer blasts UK as ‘worst country in Europe’ for drug prices

Mounjaro manufacturer blasts UK as ‘worst country in Europe’...

The boss of Eli Lilly, Dave Ricks, warns that Britain will miss out on new drugs...

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Rachel Reeves urged tax middle class instead of wealthy to plug £30billion black hole

Rachel Reeves urged tax middle class instead of wealthy...

Chancellor Rachel Reeves faces pressure to impose tax increases on middle-income...

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AI tool helps claw back almost £500million in Labour's 'toughest ever' fraud crackdown

AI tool helps claw back almost £500million in Labour's...

Britain's anti-fraud teams have achieved their most successful year on record, retrieving...

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All energy suppliers to offer lower standing charge tariff - but some households could still pay more

All energy suppliers to offer lower standing charge tariff...

Households struggling with soaring energy costs could soon see a change to their...

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Revolut announces £3bn UK investment as Rachel Reeves declares Britain is 'open for business'

Revolut announces £3bn UK investment as Rachel Reeves declares...

Britain has positioned itself at the forefront of international investment competition,...

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Pension crisis looms as 1 in 7 Britons 'risk missing out on retirement savings boost'

Pension crisis looms as 1 in 7 Britons 'risk missing out...

Britain is on the cusp of a pensions crisis as approximately one in seven individuals...

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