News

Stamp duty should be abolished as it's 'bunging up' the housing market, says Shadow Chancellor Mel Stride

Today

Shadow chancellor Mel Stride has doubled down on his claim that stamp duty should be abolished.

Should you worry about flights being cancelled and jet fuel shortages? This is Money podcast

Today

The Middle East conflict has pushed up the price of jet fuel and airlines are having to plan ahead to try and ensure as little disruption as possible.

Savers with a £10,000 pot could end up £275 WORSE off from Trumpflation - despite interest rates going up

Today

Savers have been warned that 'Trumpflation' could erode the value of their rainy day fund by £275, as rising oil prices mean inflation could surpass interest rate rises.

Landlords may be FINED £7,000 per property if they fail to send a vital Renters' Rights Act sheet by May 31

Today

Landlords need to send a PDF document explaining new rental rules to their tenants by the end of this month, or risk being fined.

Tesla launches all-in-one energy package with battery storage and solar panels for reduced £199 monthly cost - is it worth it?

Today

Tesla's new Renewable Energy Bundle offers its EV owners solar panel installation and Powerwall 3 for just £199 a month. This price is exclusive to Tesla owners.

The state pension age may have to rise again, so protect your retirement: ANDREW OXLADE

Today

A Pensions Commission is tasked with reviewing the current timetable of age changes - it's likely to make taking control yourself even more vital.

High Streets in crisis as shopper numbers drop 10% in biggest fall since Covid lockdowns

Today

Although the footfall was impacted by Easter falling in March not April this year, it was the weakest performance since March 2021.

Affluent savers dish out cash gifts to family to reduce inheritance tax ahead of new pension rules

Today

A large proportion of people with at least £50,000 stashed away are dishing out cash gifts to reduce the inheritance tax bill they leave behind.

One of Britain's biggest banking names could disappear from the High St after 216 years

Today

Following the completion of a takeover deal last week, major changes are on the cards for a well-known high street bank.

BAE Systems hails a 'strong start' to the year as it rides wave of defence spending boom

Today

The company, which makes fighter jets, ships, submarines, combat vehicles and munitions, said that it was on track to meet growth targets.

House prices at a standstill having hardly budged in four years - what happens next to property values?

Today

House prices remain almost at a standstill, according to the latest figures from Halifax.

First car with entirely electronic brakes and no hydraulic fluid is in production - what could go wrong?

Today

Brake giant Brembo has confirmed its fully electronic 'brake‑by‑wire' system is now in production and will debut on a new mainstream model due to be revealed soon. But how safe is it?

Shell warns Iran war has 'dug a hole' of a billion barrels as its profits hit highest for two years

Yesterday

Shell boss Wael Sawan, pictured, made clear the effects of the damaging crisis would continue to reverberate even if peace breaks out.

Shipping container giant Maersk to pass on soaring costs from the Iran war to customers

Yesterday

The Danish group, which carries around 20% of the world's containers, said costs will surge in the this quarter and the next, but it is offsetting this through price rises.

Aberdeen inks deal to manage Herald deadlock in battle with US raider Saba Capital

Yesterday

Herald, , which invests in technology firms, has been besieged by Saba Capital, a hedge fund run by Wall Street financier Boaz Weinstein (pictured).

Holiday Inn-owner IHG sees revenues slump as it is rocked by a collapse of business in the Middle East

Yesterday

Intercontinental Hotels Group said revenues per available room - a key industry metric - fell 26% in the region in March and close to 50% in April.

Saba scores a pyrrhic victory as Aberdeen takes the reins at Herald, says ALEX BRUMMER

Yesterday

There must be sympathy for Katie Potts, the lead fund manager at Herald Investment Trust. Potts delved into early-stage tech and came up trumps.

JD Sports warns of 'muted' growth and lower profits as war hits consumer spending

Yesterday

The 'King of Trainers' said that like for like sales fell 2.3% in the first quarter to 25 April - making it the latest retailer to set out a grim picture for the UK High Street.

Fake QR code car park scams soar and many victims get a parking ticket too

Yesterday

Drivers have lost thousands of pounds in the scam that sees criminals stick fake QR codes over legitimate parking payment signs.

Lidl changes loyalty scheme... and some shoppers are far from happy

Yesterday

Sweeping changes in force since Tuesday mean Lidl loyalty scheme members now collect points rather than reward coupons.

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