Alex Baldock (pictured) said the Currys will not hire as many staff in the UK after Rachel Reeves hit business with a £25bn hike in National Insurance.
The Bank of England is not among the regulators invited to the Treasury to be reminded of their growth mandate enshrined in law in 2017.
The property tycoon (pictured with his wife Australian singer and actor Holly Valance), is the largest shareholder in Audioboom.
Sales of the luxury brand's handbags, promoted by model Emily Ratajkowski (pictured), rose 54% throughout the festive period.
The board of the bar and restaurant chain, which owns Cosy Club (pictured), had given its backing to a 310p a share offer from US buyout firm Fortress valuing it at £338m.
Vistry stuck to its most recent earnings forecasts and revealed it has streamlined the business following the shocks of 2024.
Saba Capital, which is run by Wall Street financier Boaz Weinstein (pictured), is aiming to oust the boards of the trusts and replace them with its own nominees.
Inflation worries eased on both sides of the Atlantic, boosting markets and providing respite to beleaguered Chancellor Rachel Reeves (pictured).
Markets have already been lifted by Trump's election victory and the prospect that it will mean less regulation and lower taxes.
Trump (pictured) will be inaugurated on Monday and three days later will address delegates virtually in what is almost certain to prove the summit's key event.
I pay for my 13-year-old daughter's bus pass to travel to and from school. Last week, as she swiped the pass to get on board, it didn't work.
The London-based business revealed its like-for-like net fees slumped by 15% in the three months to December compared to the same period the previous year.
Torsten Bell became a new Labour MP at the last election after nine years as chief executive of the Resolution Foundation, an economic and social policy think-tank
The recent attack on seven UK investment trusts represents a flashing red warning sign for UK markets and long-term investment trust shareholders.
In the summer of 2020, a younger, tech savvy colleague rushed into my office: 'Alex, you have got to write about Reddit and how young people are making pots of money on social media share tips.'
Someone buying a retirement income today could secure a deal that is a massive 70 per cent higher than if they had bought in 2020, when deals hit a record low.
The headline and core rate of inflation have both fallen. What does this mean for your finances and where does it leave the Bank of England on rate hikes?
The average home was estimated to be worth £290,000 as of November, but the picture varies across the UK.
It should be simple to get the best out of your cash Isa but it can prove tricky and time-consuming to navigate.
In November last year, I was made redundant from my job as a warehouse supervisor. I have also been seriously ill as the result of a spinal stroke.
Usual costs cover a cremation or burial, funeral director fees, a mid-range coffin, one funeral limousine, a doctor, and a minister or celebrant.
The Bank of England opted to hold the base rate at its current level in December, meaning interest rates begin 2025 at 4.75 per cent.
We want to let out my mother's house to pay for care costs, will this affect Principle Private Residence Relief?
Prices tags for the 600e family crossover and Abarth 500e hot hatch have been trimmed by up to £4,220. Both now start from £29,975.
Is Aston Martin's hot new two-door two-seater Vantage Roadster - the ultimate soft top sports car? With a hefty £175k price tag the performance needs to speak for itself.
Spanish prime minister Pedro Sanchez has announced a drastic new policy that could leave Britons who buy property in Spain facing a huge tax bill.
Overall, 36 per cent of adults have built up savings of at least £25,000, with 17 per cent sitting on £50,000 or more.
On National Pothole Day the state of our roads is bleak. Callouts were up a fifth end of 2024, car repair costs increased and compensation claims rose 20 per cent.
Beijing is discussing a scenario where Musk's (pictured) social media firm X would buy TikTok's US arm from Chinese owner Byte Dance.
The New York Times has noted that in a fevered global rout of bonds, fuelled by hefty debt piles across the world's richest countries, Britain is the sickest.
Saving money is often less about financial know-how and more about addressing the emotional and psychological factors that drive our spending.
Jellycat is no longer just a brand of soft toy your child likes to snuggle but a shrewd investment that can sell for thousands of pounds.
Mortgage rates have been edging lower this month, but the lowest rates remain above 4 per cent for the time being.
The hedge fund behind a planned takeover of seven London-listed investment trusts has revealed plans for a new strategy it claims will help revitalise the entire sector.
The era of super-cheap money is over, according to leading economists who argue interest rates will not fall back to the low levels enjoyed prior to 2022.
The proposed changes would limit rent increases to the lowest of either inflation or average wage growth.
'The biggest mistake in 2024 was not to be bullish enough,' says Fidelity's investment expert Tom Stevenson, but markets have began 2025 with a wobble.
We pick our five favourite cash Isas for savers. This is essential reading to help you choose a top savings account for your money that can also protect you from tax.
I've just moved into my first ever property. It is a brand new apartment which is within a converted mill. The pigeons continue to come, no matter how much we scare them.
With billions of tax-free cash set to mature, experts are warning savers to expect far worse returns.
The family home is likely to be one of your most valuable assets. This begs the question: 'Can I gift it to my children now? Lawyer Philip Sillars explains the risks.
The majority of microbusinesses - those with under 10 full-time employees - say they are positive about growing their company.
EDF's new deal offers both existing and new customers £300 credit if you sign up to a home charger/tariff bundle.
Musk - who has been dubbed Trump's 'first buddy' (pictured together) - founded Space X in 2002 and it is now a leading manufacturer of advanced rockets.
Japan Equity Income has generated total investor returns of 19 per cent - better than the average Japanese fund over the same period of 17 per cent.
Reading is the latest council to consider charging cars that pollute more - which is often larger cars such as SUVs - more to park on the street and with permits.
A new Netflix movie starring Rory Kinnear as Burnley entrepreneur Dave Fishwick has hit number one on its streaming charts over the weekend.
A survey found nine in 10 drivers think at least some headlights on cars on the road today are too bright
2025 is looking to be an even more expensive year for car repairs, new data warns, with experts concerned that drivers will shun repairs and maintenance to avoid bills.
I understand that from 2030 CPIH (Consumer Prices Index including owner occupiers' housing costs) will be introduced which is less than the RPI.
The average homeowner in England and Wales sold their home for £91,820 more than they paid for it, having owned it for 8.9 years on average.
The idea of both Reeves and the governor of the Bank of England being on the other side of the world, during the current financial turmoil, is not the best optic.
A bond is an IOU or loan made by an investor to a government or company that must be repaid in full at a set date in the future.
Are the wheels coming off Rachel Reeves's 'wagon'?
Political allegiance may determine your answer to this question, but financial markets are adamant in their opinion.
Apple is the front-runner, but it is closely followed by Nvidia, with Microsoft hard on its heels.
Experts point out that you can discover your roots without having to sign up to costly subscriptions and much family sleuthing can be done for free.
I invested in whisky casks. Then it was suggested I invest £30,000 in Linc Drinks. I did, but then I heard about your article regards the company.
That's the question that investors are asking themselves about the UK.
I'm vegan, so I contacted John Lewis customer services to ask if I could swap it for a vegan item of similar value - but was surprised that it said no.
The gilt yield spike is unfortunate for a Labour party that has repeatedly accused Liz Truss 'crashing the economy', so what's going on.
Tesla's best-selling car has finally been given a facelift and emerges in 2025 with new looks and improved range. Here's a first glimpse at the Cybertruck-inspired tweaks.
The cost of borrowing soared to its highest level for more than a quarter of a century this week as gilt yields continue to rise. What are they?
The government represents the UK and its people and some of those people are sitting on a lot of money, maybe it's time for a mutually beneficial deal.
Couples can divorce within six months of applying, but financial settlements are dealt with in a separate process that can take much longer. Here's what you need to know...
Rates had been expected to fall in 2025 due to expectations that the Bank of England will cut the base rate three or four times, but that has now been thrown into question.
Oxford Economics is predicting that interest rates will fall to 2.5% by late 2027, a much bigger drop than the 3.75% market consensus.
Boaz Weinstein (pictured), founder of Saba Capital, is pushing for a huge shake-up that would mean that directors at the trusts replaced by him and his allies.
There is no doubt Rachel Reeves' announcement that from April 2027 unused pensions will be subject to inheritance tax is bad news - but is it as bad as people are saying?
Choosing the right investing platform is crucial but a wealth of choice can leave investors scratching their heads. We pick some of the best.
We asked trusted experts to recommend the best funds that cover different investment sectors - and included This is Money's selection of active and passive options too.
If you are planning on investing, or just want to know more, we tell you
the 10 essential things to consider for a successful buy-to-let
investment
The consumer prices index dipped to 2.5 per cent in the year to December amidst falling hotel prices, according to the Office for National Statistics.
IDS, which owns the postal service, said the deal has been cleared by the European Commission and the US Committee on Foreign Investment.
Fuller's robust results come at a challenging time for a hospitality sector struggling with inflationary pressures, weak consumer sentiment, and mass venue closures.
Saba Capital boss Boaz Weinstein (pictured) said shareholders have lost out due to an 'ecosystem of greed' that has damaged the performance of UK trusts.
The FTSE 100 oil giant said it has delayed next month's Capital Markets Day to allow chief exec Murray Auchincloss (pictured) to recuperate.
Donald Trump will mark his return to the global stage when he appears virtually at the annual gathering of business and political leaders on Thursday.
Persimmon rallied by 5.5%, after reassuring investors that annual profits were likely to be towards the upper end of the range analysts expect.
If you are one of the tens of thousands of people in the UK who pay for a personal alarm system then chances are you are unaware of a secret charge added on to your bill.
The Wakefield-based retailer reported its turnover rose by 4.7 per cent in November and December, with store revenue increasing by 3 per cent on a like-for-like basis.
Games Workshop, which recently joined the FTSE 100, revealed its pre-tax profits jumped by a third to a forecast-beating £126.8million in the six months ending 1 December.
Apple is the front-runner in a tight contest to surpass the $4 trillion hurdle for the first time. But with a valuation of $3.6 trillion the iPhone maker is closely followed by microchip pioneer Nvidia.
DIY investment platform Trading 212 today boosted the rate on its cash Isa for new customers, bringing the rate above 5 per cent.
Ocado secured record sales over the crucial Christmas trading period as the online grocer's customer numbers soared above one million.
The Government's housebuilding drive was handed a confidence boost on Tuesday after London-listed builders reported building more new homes than expected last year.
Saba, run by Wall Street financier Boaz Weinstein (pictured), has proposed to replace directors at the seven trusts with its own nominees.
The Bury-based group had hoped to follow fellow retailers Tesco, M&S and Kingfisher in achieving £1billion in pre-tax profits, but is now set to be beaten to the milestone by Next.
Under the agreement, GSK will pay $1billion upfront to acquire the Massachussetts-based firm, followed by up to $150million in 'success-based' milestone payments.
In an unscheduled update to the City, Entain said it expects full-year earnings to be at the top of the £1.04bn to £1.09bn range it outlined in October.
Heathrow bosses are in talks with Government over a third runway to boost capacity. Chief exec Thomas Woldbye plans to improve infrastructure.
In another setback for Rachel Reeves (pictured), sterling slumped by as much as a cent to a 14-month low of $1.21 against the US dollar.
The Wilmslow-based womenswear brand said sales of partywear were 'strong' over the three months to 31 December 2024.
The most upbeat speech of Keir Starmer's sojourn at No 10, with his embrace of AI, was intended to lift spirits during a torrid period on markets.
The recruiter reported its gross profits fell by 12.9 per cent at constant currency rates to £196million in the fourth quarter of last year owing to weaker performances across all regions.
Less than two weeks into 2025 we've had our first defection from AIM in the form of Alliance Pharma.
Entain shares rose after the gambling giant upgraded profit guidance, despite its US business suffering 'customer friendly' sports results in the fourth quarter.
Serco chief executive Mark Irwin will retire this year, calling time on a 12-year stint with the outsourcing giant.
The founder of New York-based Saba Capital, is pushing for a huge shake-up at seven of the trusts, which hold stocks, bonds and assets on behalf of investors.
The loss-making company had planned to build a 'green steel' electric arc furnace in the region and another at its main site in Scunthorpe.
The Tax Foundation, a respected US think-tank, estimates the new tariffs proposed - without taking account of retaliation - could result in the loss of 344,000 jobs.
A report is set to reveal 69 per cent of workers deal with failings in service - for which their own and other firms are responsible.
When a Cabinet Minister tells people they should not be worried by what is happening on the financial markets, you know the Government is really scared. It should be.
Millions of homeowners dream of a new, extended kitchen, or creating more space with an extra bedroom or loft conversion.
RC Fornax wants to raise at least £5 million, valuing the business at £25 million, sources say.
Afiniti filed for bankruptcy in the US two months ago as the firm struggled under a mountain of debt.
Although head of the technology firm, Jo Gretton, admits the increase to National Insurance contributions 'will be a drag'.
The 78-year-old featured in most of Victoria's TV shows including Dinnerladies and Acorn Antiques.
Unless these trust investors want their money to be run in the future by Saba, they need to vote against the proposals put forward by this corporate opportunist.
Reeves left a historically tiny buffer of £10 billion for this year in her Budget to meet her main rule that day-to-day spending be matched by tax receipts.
So unless ministers take steps now to encourage them - or push back the 2030 deadline - the policy is doomed.
Some 81 per cent of respondents said they regularly saw people 'excessively speeding', with 55 per cent saying there was a culture among UK road users that it was acceptable to speed.
There are lots of great reasons to leave money to charity in your will, most obviously because it is a wonderful thing to help others. Here's how to make most impact...
Sales of gold coins were three times higher between October and December than in the same period of 2023, according to The Royal Mint.
Liam Byrne wrote to the FCA and London Stock Exchange to ask how they will scrutinise the firm as it plans one of Britain's biggest ever flotations.
Although its latest update does not include December, the chemist said early signs showed the festive trading period had been 'solid'.
A report said fund managers are more willing to speak out against environmental, social and governance and diversity, equality and inclusion issues.
The mid-cap index is vulnerable to the weakening pound and deepening concern about the UK's growth prospects and fiscal credibility.
Retailers face an increase in business rates in April alongside a barrage of other costs imposed by the Chancellor.
Jaguar was mauled for ditching the iconic 'growler' badge, used for decades on grilles and bonnets, and replacing it with a curved geometric 'J' badge.
The drug manufacturer said its investors would receive 62.5 pence per share under the deal, a 40.9 per cent premium to its closing share price on Thursday.
The world's biggest shipping services firm now expects to report making at least £115million in underlying pre-tax profits in 2024, having made a record £109.2million the previous year.
Several companies managed to stave off the new year blues, not least ImmuPharma which bagged this week's spot as AIM's biggest riser.
A third of new cars entering the road last year were 'Chelsea Tractors', snatching the mantle of most popular segment from superminis, which had topped the sales charts for decades.
The building society said that the recent surge came from customers opting for cash to easier budget in the wake of the pandemic.
Policies designed to fight climate change 'probably' had a bigger impact on the inflationary upheaval of recent years than first thought, Sarah Breeden said.
The supermarket giant said its staff would receive a five per cent pay hike over the coming year, split into two separate increases to help 'navigate a challenging cost environment.'
One can understand why the Chancellor was happy to let her chief secretary to the Treasury take the heat for the crash in confidence in gilt-edged stock and the pound.
There are concerns that when the Magnificent Seven's run breaks, share prices will be hit hard but investors are reluctant to bet against so-called US exceptionalism.
The joint venture between M&S and the supermarket arm of Ocado, led by Hannah Gibson (pictured), should have been a match made in heaven.
Heat pumps divide opinion. Homeowners either like them or loathe them - but even those who have embraced these heating devices say they are fraught with problems.
Many property adverts are not compliant with current legislation, which means people are left without crucial information in the early stages of buying a home.
Of the current generation of 18-21 year olds, four million were not taught how to properly manage their finances according to Santander.
Like-for-like sales in its company-managed stores rose by only 2.5% in the fourth quarter, half the rise of the prior three months.
M&S, led by boss Stuart Machin (pictured with Sienna Miller) reported £4.06bn in sales for the three months to 28 December.
In a letter to investors, Smith (pictured) said he had sold his Fundsmith Equity fund's shares in Diageo after holding the stock for almost 15 years.
Saba, run by Boaz Weinstein (pictured), has proposed replace trust directors with its own nominees, saying leaders have 'failed shareholders'.
The £50bn listing could be sorted by Easter, sources say, as Chancellor Rachel Reeves heads to China for talks on economic and financial cooperation.
Truell has offered to pay £1.25 per share for the entire company, having previously made an approach for 40% of the firm at the same price.
H&T Group, which has more than 270 pawn shops, saw a record number of new customers in the final ten weeks of last year.
The hedge fund attempting to seize control of seven London-listed funds is hoping to win over Herald Investment Trust investors with the offer of a cash exit.
Scrap Car Comparison has revealed which models were most commonly crushed between January and December. Many are best sellers from the 00s.
In our three-bed house we paid £90 per month, but now in our two-bed flat we have been asked to pay £430.
There are some final tasks and also some big lifestyle changes to consider in the final months before you leave your job. Here's what you need to know.
The British Retail Consortium said there is 'little hope of prices going anywhere but up' following recent Budget announcements that will raise costs for UK retailers.
Marks & Spencer looks to be the big retail winner of Christmas 2024 after the group's sales soared ahead of market expectations.
Jimmy Carter, the 39th president of the United States, has been much eulogised as America's most distinguished after-President.
James Knoedler, portfolio manager of the Evenlode Global Equity funds shares his thoughts on Nvidia, Mastercard, gold and Bitcoin.
Do savings accounts make it worse for him if he needs benefits. Would it be better in a pension than savings?
Boss Wael Sawan last year said he will consider moving Shell's listing to New York if efforts to boost its valuation in the UK do not pay off.
Flutter suffered its biggest one-day loss on the NFL on December 30, when the Detroit Lions beat San Francisco 49ers, costing it £59m.