News

Bank of England CUTS interest rates to 3.75% to save economy from Labour slump

Today

Borrowers were handed an early Christmas present today when the Bank of England cut interest rates to save the economy from collapse under Labour.

Who is the new BP boss Meg O'Neill? Meet Big Oil's first female CEO looking to turn the struggling ship around

Today

She is Big Oil's first female chief executive, the first outsider to take charge of BP in its 116-year history, and one of the few openly gay leaders in the energy industry.

Bank of England cuts interest rates to 3.75%: What it means for your mortgage and savings

Today

The Bank of England cut interest rates today from 4% per cent to 3.75%.

UK startup Awendio Solaris sets sights on solar revolution in Canada

Today

Awendio Solaris wants to build a manufacturing facility and a research and development hub on an industrial site in the Montreal region.

Naked Wines shares surge as wine club toasts a profits upgrade

Today

The wine club, which connects buyers with independent producers, was a pandemic winner but has suffered since.

Britons most likely to blame corporate greed for price hikes

Today

Britons were found to be the most likely to claim that businesses' desire for ever-greater profits was driving any price spikes in shops, research reveals.

Fraudsters took out multiple phone contracts in my name... and O2 wants me to pay for them: CRANE ON THE CASE

Today

Earlier this year I was shocked to get a message from my phone network, O2. It said six new direct debits had been set up, totalling £150 per month.

Currys boss warns of 'muted' consumer confidence after Budget tax raid

Today

Chief executive Alex Baldock said he was 'concerned' that UK 'consumers' already high tax burden has increased further' following Labour's Budget last month.

Millions of households MUST check their energy meter... or risk higher bills in January

Today

Millions of households risk inaccurate bills in the new year if they don't submit meter readings by the end of the month.

NS&I's Premium Bond prize draw picker Ernie chooses 255 winners this year named… Earnest and Ernie!

Today

Ernie, a name used by comedian Benny Hill (pictured) for his milkman character is also the name of NS&I's prize picking machine.

BP boss Murray Auchincloss quits after pressure from US hedge fund

Today

BP chief executive Murray Aunchincloss has stepped down after less than two years in charge of the oil giant, following pressure from activist investors.

Games Workshop investors unwrap early Christmas present

Today

Games Workshop declared a fresh 50p per share dividend on Wednesday as the Warhammer maker's investors near the end of yet another lucrative year.

Freetrade makes it FREE to open a pension from January: How does it compare with rivals?

Today

Freetrade is improving its platform in 2026, which should help pension investors save more in fees. Here's what's changing - and how it compares with rivals.

Are YOU richer than your neighbours? Our calculator reveals how you stack up, if you're middle or lower class and exactly how your household compares with others in your area and the rest of Britain

Today

Are you better or worse off than your neighbours? But it's difficult to know where your income fits in the neighbourhood pecking order without asking intrusive questions.

From 100 envelopes to revenge saving - the social media money trends under 35s are keen to try next year

Today

Young savers between the ages of 24 to 35 would consider a return to old school physical cash saving in 2026 in a bid to kickstart their savings.

UK isolated with its 'aggressive' plan to sell only electric cars as EU waters down its own targets

Yesterday

Europe's move means that the UK 'is now completely out of line', according to David Bailey, a car industry expert and professor at Birmingham business school.

Footsie closes in on 10,000 as inflation eases: Investors pin their hopes on a string of interest rate cuts

Yesterday

House builders were among the big climbers as the figures made an interest rate cut today all but certain and boosted hopes of further cuts next year.

Diageo sells Kenyan business to Japan's Asahi in £2.3bn deal as it steps up efforts to slash debt

Yesterday

Diageo will offload its 65% stake in East African Breweries, the dominant player in Kenya's drinks market, as it sells off 'non-strategic, non-core' assets.

Warner Bros urges investors to reject Paramount's 'inferior' £81bn hostile takeover bid

Yesterday

Warner Bros, which is behind films including Superman (pictured) said the offer from Paramount was 'inadequate' and poses a 'significant risk' to investors.

No reprieve for Reeves: Never mind the spin on inflation figures - we still don't feel any better off, says RUTH SUNDERLAND

Yesterday

The fall in inflation is expected to have cleared the way for the Bank of England to shave a quarter point off rates to 3.75%.

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