Business

The Chancellor plans to slap inheritance tax (IHT) on unused pension pots from 2027, potentially raking in billions. And she’s hitting farmers and family businesses with IHT too, in a cruel move. She may come back for more at her next Budget, amid rumours that she will curtail IHT gifting …

Getting behind the wheel is about to get a little more expensive. Tariffs could raise the price of car insurance by nearly 10 percent later this year. General Motors is investing $4 billion in its U.S. plants over the next two years to boost the manufacturing of gas and electric …

A BBC This Morning Live expert has said that a simple financial trick could prevent people avoid being hit with a ‘super tax’ by the HMRC over their pensions. Appearing on the popular show with presenters Helen Skelton and Gethin Jones, Finance expert Laura Pomfret said people were being hit …

All eyes are on the May CPI report; GM plans $4 billion investment to boost U.S. manufacturing; L’Oréal taps Nvidia tech to supercharge its AI efforts; Nintendo Switch 2 breaks records with historic launch sales. Two major Hollywood studios are suing Midjourney, a popular AI image generator, over its use …

The qualifying rules for the Winter Fuel Payment could be expanded further with more pensioners qualifying for the £300 payment – but one expert says the sum needs to rise to as much as £375. Labour announced recently that the eligibility for the state pension-age payment was to be expanded. …

EB5investors.com & Uglobal.com CEO Ali Jahangiri discusses President Donald Trump’s new pathway to U.S. citizenship for immigrants on ‘Making Money.’ Foreign nationals with an extra $5 million can now register to be notified about when they can sign up to receive a fast pass to U.S. citizenship, also known as the “Trump Card.” …

Chancellor Rachel Reeves has confirmed the £3 bus fare cap will be extended to 2027 during today’s Spending Review. Labour increased the price cap on single bus fares from £2 to £3 on January 1, 2025, and it was due to remain in place until December 31, 2025. However, the …

Rep. James Comer, R-Ky., on 23andMe data privacy concerns, his invitation for sanctuary governors to testify before lawmakers and whether NPR and PBS should have funding stripped. Bankrupt 23andMe is facing a lawsuit over its plans to sell customer genetic information. Twenty-seven states and the District of Columbia took legal …

Darlington Building Society has urged UK savers not to “sleepwalk” into missing out on the full benefits of their ISA allowance. Chief executive Andrew Craddock warned that “savers risk handing over more of their hard-earned interest if their savings aren’t in the best accounts to suit their needs”. With rumours …

FCC Commissioner Nathan Simington assesses the latest national security risk to America on ‘The Bottom Line.’ United Natural Foods Inc., a distributor for Whole Foods and other grocers, disclosed this week that it suffered a cyber incident, causing temporary disruptions in its operations. The company announced the cyber incident on …