Government considers wealth tax following call from former Labour leader Lord Kinnock
The government has declined to rule out a «wealth tax» after former Labour leader Neil Kinnock called for one to help the UK’s dwindling finances. Lord Kinnock, who was Labour…
Trump announces delayed ‘liberation day’ tariffs on first nations | Money News
Donald Trump has revealed hefty trade tariffs against at least seven countries, to be applied from 1 August. The initial announcement, via his Truth Social platform, concerned Japan and South…
Tesla shares drop as Musk launches political party
Shares in Elon Musk’s Tesla have seen a significant reversal due to renewed concerns about his focus on the company’s recovery while also being at odds with Donald Trump. The…
What happens to your pension savings when you pass away?
The fate of your pension savings after your passing is determined by various factors such as your retirement status, pension type, marital situation, and nominated beneficiaries. Understanding this process can…
Post Office scandal victims demand independent control of redress schemes | UK News
Post Office scandal victims are urging for redress schemes to be completely removed from government control, as the public inquiry prepares to release its initial findings. Phase 1, set to…
Hyperlayer nears £30m funding boost led by CDAM
A British fintech which counts Standard Life among its key clients is close to finalising one of the industry’s biggest funding rounds so far this year. Sky News understands that…
Ryanair increases underseat bag size by 20% following EU proposals
Ryanair is increasing its underseat bag allowance by 20% after the EU set out proposed new laws for more free baggage. The budget airline currently allows people a «personal bag»…
Octopus Energy plans £10bn demerger of tech arm Kraken
Octopus Energy Group, Britain’s largest residential gas and electricity supplier, is planning a £10bn demerger of its technology arm that would solidify its position as one of the most valuable…
Chancellor Rachel Reeves confirms readiness for role, following tearful PMQs
The chancellor has said she was having a «tough day» yesterday in her first public comments since appearing tearful at Prime Minister’s Questions – but insisted she is «totally» up…
Official Receiver secures crucial oil supply deal with Glencore
The Official Receiver has reached a deal with the commodities trading giant, Glencore, that will ensure supplies of crude oil to the ailing Lindsey refinery following its owner’s collapse this…