Eight million people on low incomes who receive certain benefits will start getting the second instalment of a targeted cost-of-living payment. The £324 payment would be made directly into bank accounts between now and 23 November, the Department...
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25th Aug 2026 | Updated at 03:35am 25th Aug 2026
Nearly half of Britons believe wealthy have a duty to give to charity
Almost half of the British public believe high-net-worth individuals have a duty to donate to charity, according to new research unveiled at the third Giving and Impact Summit, where more than 140 philanthropists, wealth advisers, business leaders...
Former RAF pilot steers CAB through turbulent turnaround
A former Royal Air Force fighter pilot who once flew Tornado jets at supersonic speeds is now navigating a different kind of high-pressure environment: the financial markets.Neeraj Kapur, 60, chief executive of CAB Payments, is leading a turnaround...
The increase in women’s state pension age could force mothers and daughters to withdraw the free, informal care they give the UK’s rapidly ageing population, a paper has warned.
The government has announced an additional bank holiday to mark the coronation of King Charles III next year.
London’s borough councils will face a £700 million shortfall next year that would require the “toughest of tough” money-saving decisions - unless the Government increases funding for local services, cross-party group London Councils has warned.
More than 138,000 residential and commercial properties in England and Wales are owned by offshore companies, with holdings in London worth a combined £55bn, according to a research.
Chancellor Jeremy Hunt has appointed British Indian investment expert Sushil Wadhwani as one of the four financial specialists appointed to a new Economic Advisory Council. The council will give independent advice to the government.
The Bank of England has warned the UK is facing its longest recession since records began, as it raised interest rates by the most in 33 years. It warned...
Rishi Sunak is reinstating the ban on fracking that Liz Truss controversially lifted. Answering questions, the new prime minister said he stands "by the manifesto" on fracking. The Conservative 2019 manifesto placed a moratorium on fracking...
The Bank of England looks set to raise borrowing costs by the most since 1989 next week even as it prepares for a recession that could be deepened by spending cuts under new Prime Minister Rishi Sunak. Analysts believe that BoE at its eighth...
The pound hit a six-week high as Rishi Sunak became prime minister, another sign of the markets welcoming the country's new leader. Sterling was up 1.8% against the dollar at $1.147, having risen by 1.92% to $1.150 earlier in the day - the highest...
