Energy bills could be increased for higher earners instead of keeping the much hated daily standing charges, according to the boss of energy regulator Ofgem. Ofgem, the regulator which manages and sets the price cap for all UK households every three months, is looking into alternative ways of funding energy …
Read More »Sports news: Lids’ new in-store experience focused on customization
Check out what’s clicking on FoxBusiness.com. Lids, the global sports retailer, has reinvented the way sports fans around the world can support their teams, especially when it comes to customization. The company has always been known for its ability to customize hats, but its new retail store concept has been …
Read More »DWP sending letters ‘demanding £20k be repaid’ to some claimants | Personal Finance | Finance
The Department for Work and Pensions (DWP) is hiring extra staff to investigate 100% of alerts relating to earnings breaches of those claiming carer’s allowance . Last year, the Guardian revealed that the DWP was only investigating 50% of alerts, and this led to huge numbers of carers unknowingly accruing …
Read More »Netflix reports first-quarter earnings | Fox Business
UBS Global Wealth Management portfolio manager Angie Newman discusses the market reaction amid trade tensions and gives advice to clients and investors. Netflix exceeded Wall Street expectations for quarterly results and offered a bullish revenue outlook on Thursday, signaling confidence amid the economic uncertainty surrounding President Donald Trump’s erratic tariff …
Read More »Pensions urged to track down lost savings as average of £14k up for grabs | Personal Finance | Finance
Raindrop, a pension finding platform, revealed it has recovered £500 million in savings from almost 45,000 lost pension pots for savers since its launch. Last year, Raindrop found £251 million in lost pension savings, compared to £156 million in 2023. This is equivalent to more than 18,000 pension pots, with …
Read More »Trump confirms US-Ukraine deal on minerals to happen soon
‘The Big Money Show’ panelists react to President Donald Trump and Italian Prime Minister Giorgia Meloni’s recent press conference on tariffs. President Donald Trump on Thursday said an 80-page minerals deal will be signed with Ukraine in one week. While Trump announced during a press event from the Oval Office …
Read More »Brits urged to claim ‘little known’ inheritance tax relief that could | Personal Finance | Finance
Stock market falls may mean some families are able to claim a refund on any inheritance tax (IHT) they have paid on shares they inherited from a loved one who has died, experts say. Quilter, a wealth and financial adviser, said families who had paid IHT after a relative who …
Read More »CFPB makes sweeping job cuts as Trump admin refocuses agency
Former World Bank president David Malpass unpacks President Donald Trumps calls for the Federal Reserve to cut interest rates on Kudlow. The Consumer Financial Protection Bureau (CFPB) on Thursday moved forward with sweeping layoffs at the agency as the Trump administration looks to remake the consumer enforcement agency. A source …
Read More »Martin Lewis shares advice as ‘panic’ grows over ‘lost’ investments | Personal Finance | Finance
Martin Lewis has issued some timely advice to investors amid growing concern over tumbling markets, reminding the public that stock market losses are only real when they’re locked in. As global markets experience fresh waves of volatility, social media has seen a surge in users claiming they’ve “lost” thousands in …
Read More »NY Fed President John Williams reveals trade and tariff uncertainty as the No. 1 issue freezing business investment decisions
Federal Reserve Bank of New York President John Williams on tariff clarity, future rate decisions and U.S. economic growth trajectory in an exclusive interview with FOX Business’ Edward Lawrence. The Federal Reserve, like the rest of the world, is keeping a close watch on President Trump’s trade and tariff policies …
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