YOUR FIRST HOME

For many aspiring homeowners, the biggest obstacle to buying a property is not necessarily earning enough to cover the monthly mortgage payments. It is finding the money for a deposit in the first place.

From ‘nonsense idea’ to £42m: Mother-son duo build women’s health brand

A women’s health and nutrition business whose founders were once laughed out of investor meetings has grown into a £42 million company, with ambitions to more than double sales within two years.

Over a third (36 per cent) of UK adults cite not saving consistently from a young age as their biggest financial regret, according to independent research conducted on behalf of Handelsbanken Wealth & Asset Management.

The British pound is nearing a one-year peak against the US dollar following stronger-than-expected economic growth in the UK, which has postponed expectations of interest rate cuts this year.

Consumers are expected to remain cautious in discretionary spending until further interest rate cuts are implemented, cautioned the CEO of Sainsbury’s, as the company reported a significant decline in Argos sales.

Amazon founder Jeff Bezos has announced plans to sell an additional 25 million shares in the tech giant, valued at nearly $5 billion (£3.9 billion), following a surge in the company's stock market value to a record high on Wednesday.



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