News

Boost for borrowers as Goldman Sachs predicts interest rates to fall to 2.75% in 2025

Today

Economists at the Wall Street giant believe the Bank of England will cut more sharply than suggested by market pricing, which points to rates falling to 3.5%.

BHP accused of 'avoiding' blame for collapse of Brazil's Mariana dam as High Court case begins

Today

More than 600,000 claimants are suing BHP over the 2015 collapse of the Mariana dam, in one of the largest class action cases in English legal history.

Social media 'influencers' grilled by City watchdog over product promotions

Today

The Financial Conduct Authority said 20 social media influencers - dubbed 'finfluencers' - are being interviewed under caution.

Beware the unintended consequences of attack on lump sum payments, says city boss MARK FITZPATRICK

Today

Mark FitzPatrick (pictured), chief exec at St James's Place, has seen some clients accelerating withdrawals of tax-free cash from their pensions.

Top City boss warns against pensions raid: St James's Place chief says tax hikes will put off savers

Today

Speculation is growing that Chancellor Rachel Reeves (pictured) will reduce the tax-free lump sum that can be withdrawn by savers from their pension pots

Incentivise small firms to export and give Britain a £10bn boost, Reeves urged

Today

The move would boost UK firms like Gigi & Olive, which supplied a veil for Sophie Habboo's wedding to fellow Made In Chelsea star Jamie Laing (pictured).

Musk's plan to tackle government debt with AI may have some merit, says ALEX BRUMMER

Today

Tesla, Space X and X tycoon Elon Musk (pictured) said that if Donald Trump is elected president, he would support a new 'Department of Efficiency'.

MARKET REPORT: Silver soars as gold hits yet another record high

Today

Gold hit a record high of $2,740 an ounce and silver topped $34 an ounce for the first time since 2012. Gold has risen more than 30% this year, while silver is up 43%.

Death of the Isa millionaire? Savings experts give their verdict on a potential £500k cap on tax-free pots

Today

Could Rachel Reeves cap the amount that savers and investors can salt away into Isas in her first budget on 30 October?

EV batteries are a £2bn business - attracting the largest VC investment of ANY sector since 2018

Today

UK-based EV battery start-ups have received over £2bn in venture capital (VC) investment since 2018, a new report has found.

Investors can bag a best buy easy-access savings rate from Sidekick paying 5.34%

Today

Customers of investment platform Sidekick can now earn table-topping interest on cash.

Stamp duty on average home could rise to £4,669 from March as Labour set to rule out threshold freeze

Today

Tax threshold will revert to £125,000, as it was before a temporary reduction in 2022 - as Labour is set to avoid making the change permanent.

SMALL CAP IDEA: Britain still boasts thriving pockets of manufacturing excellence

Today

Britain is no longer the industrial powerhouse it once was, having ceded its dominance in manufacturing to the US, Germany, Japan, and more recently, India, China and Taiwan.

Here's why you're bad with money. Psychotherapist VICKY REYNAL reveals the reasons you just can't tackle your finances... and what to do about it

Today

I am a procrastinator when it comes to dealing with my finances. What can I do to change this? Money psychotherapist VICKY REYNAL replies.

FirstGroup acquires coach operator Anderson Travel

Today

sed near London's famous Tower Bridge, Anderson operates around 40 coaches of various sizes out of Central London and Heathrow Airport depots.

HSBC increases rates on cheapest mortgages - but cuts them on other deals

Today

HSBC has said it will be increasing some of its cheapest mortgage rates - though more expensive deals will be cut.

Vodafone will use AI to help customers who phone its call centre: How will it work?

Today

How do you improve customer service in the telecoms industry? Angharad Carrick visited Vodafone in Stoke to find out.

MIDAS SHARE TIPS: Coleen Rooney-backed Applied Nutrition has power to bulk up your funds

Today

Flotations on the London market have been a rarity this year, but Applied Nutrition is well worth a closer look. The stock should deliver long-term rewards.

ABRDN UK SMALLER COMPANIES GROWTH TRUST: The bargain fund hunting big UK firms of tomorrow

Today

Despite Budget concerns, Abrdn argues that shares in many UK smaller companies represent outstanding value for money.

Volkswagen Finance to pay £21m to 110,000 customers after unfair treatment when they fell into difficulty

Today

Volkswagen's UK financial services fine has been slapped with the huge fine after the FCA found many customers - even suicidal ones - were not treated with the proper care.

The latest news