The number of homes changing hands ‘for free’ increased by more than 45% to around 220,000 in 2024, according to the Land Registry. It is a trend set to continue, experts agree, as families seek to pass on property to avoid Chancellor Rachel Reeves changes to IHT in last year’s …
Read More »Former Trump economic advisor warns firing Fed Chair Jerome Powell now would trigger market chaos
Heritage Foundation senior visiting fellow and economist Stephen Moore speaks with Fox News Digital about how President Donald Trump’s firing of Fed Chair Jerome Powell would cause ‘more chaos’ for markets. As President Donald Trump doubles down on his opposition to Federal Reserve Chair Jerome Powell, one former economic advisor …
Read More »DWP powers to stop people fraudulently claiming PIP | Personal Finance | Finance
The Department for Work and Pensions (DWP) has recently affirmed its dedication to combating fraud and error within the benefits system, including the recovery of debts incurred through Personal Independent Payments (PIP). Conservative MP Sir John Hayes queried the DWP about the measures being taken to “tackle people fraudulently claiming …
Read More »Scott Bessent believes the tariffs between the U.S. and China will de-escalate
The Big Money Show panel weighs in on the impact of tariffs on China amid trade uncertainty. Treasury Secretary Scott Bessent told an investor summit on Tuesday that he expects the U.S. and China will de-escalate the impasse over tariffs because it’s unsustainable for both countries, FOX Business has learned. …
Read More »Nationwide update as customers ‘sent new account details’ | Personal Finance | Finance
Nationwide Building Society has explained important changes it is making to some savings accounts. The issue came to light after a customer contacted the building society over social media as they had been sent some new information. They were confused as they had been sent a new sort code and …
Read More »Environmental lawyers prepare for Trump’s energy deregulation moves
Energy Secretary Chris Wright discusses whether the Trump administration is exploring more green energy and solar projects on ‘Varney & Co.’ Halliburton on Tuesday warned of a second-quarter earnings impact from tariffs and lower oilfield activity in North America as producers evaluate drilling and completions at weak oil prices, sending …
Read More »HMRC update as more than a million people owed cash | Personal Finance | Finance
More than a million low-paid workers, the vast majority of them women, are being forced to wait an extra year for a long-promised £70 pension top-up due to government delays and bungled IT systems. The payment – meant to correct a long-standing pensions injustice – was due to arrive next …
Read More »The decline in film and TV production in Los Angeles continues
Los Angeles, California loses movie and TV production to Georgia, New York and Canada. FOX Business’ Max Gorden with more. Los Angeles has seen a decline in local film and TV production, causing some to worry the city could face the same fate as Detroit did with the auto industry several …
Read More »State pensioners face £8,000 drop in payments as they pass threshold | Personal Finance | Finance
State pensioners could see their payments drop by £8,000 a year and many are unaware of the looming change, an expert has warned. The triple lock ensures state pension rates go up each April in line with the highest of 2.5%, the rise in average earnings or inflation. But if …
Read More »Americans are lowering wage expectations for new jobs: NY Fed
Fox News contributor Gerry Baker discusses whether President Donald Trumps tariffs get in the way of tax reform on Varney & Co. American workers are lowering their expectations of the pay rate they want to take a new job, according to research by the Federal Reserve Bank of New York. …
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