Business
Mortgage borrowers face setback as major lenders raise rates
Major lenders have increased rates on new mortgage deals in recent days, disappointing borrowers who had expected costs to fall and forcing many to reassess their next move.
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HMRC to contact about one million people over £70 pension tax relief refunds
Around one million people, most of them women, are owed pension tax relief and are due to be contacted by HMRC about a £70 refund letter that is genui...
Business
Netherlands relocates 86 tonnes of gold from North America
The Netherlands has moved 86 tonnes of gold out of North America, prompting questions about why European countries are reconsidering where their gold...
Business
Dutch central bank moves gold reserves to London
The Dutch central bank has shifted part of the Netherlands’ gold reserves from the US and Canada to London, citing growing geopolitical unrest as part...
Business
UK long-term borrowing costs reach highest level since 1998 ahead of October Budget
UK long-term borrowing costs have risen to their highest level since 1998, adding pressure on Andy Burnham before his first Budget in October.
Business
Bank of England governor warns AI could trigger global downturn
The governor of the Bank of England has warned that artificial intelligence could contribute to a worldwide economic downturn, citing volatility linke...
Business
US national debt rises beyond $40tn
The United States’ national debt has moved above $40tn, having doubled over the past decade. The milestone comes after the interest rate on 30-year bo...
Business
Thames Water gave finance boss Steve Buck £1m signing-on fee
Thames Water gave finance boss Steve Buck a £1m signing-on payment as part of a package intended to persuade him to join the troubled utility company.
Business
Some energy customers may need to act to secure £150 bill discount
Some people could miss out on a £150 reduction on their energy bill if they are not named on the account before the relevant deadline.
Business
Bank of England expected to keep interest rates unchanged
The Bank of England is expected to leave interest rates on hold again, which would mark a fifth consecutive pause with Bank Rate at 3.75%.
Business
Oil prices fall sharply as US and Iran pause attacks
Brent crude dropped by more than 9% at one point after signs that attacks between the US and Iran had paused, easing some immediate fears over energy...