Business

The Bank of England’s Monetary Policy Committee has opted to slash the base rate by 0.25%, which brings it down to 4.5%. Marking the lowest point since June 2023, many are left questioning what this means for the typical household. Amelia Murray, from Be Clever With Your Cash, pointed out …

Federated Hermes CIO Stephen Auth weighs President Donald Trump’s economic agenda and the expected impact it will have on the global economy. Mattel is looking at potentially upping toy prices as part of its efforts to mitigate President Donald Trump’s tariffs on imports from China, Mexico and Canada.  Over the …

News that the Bank of England has cut the base interest rate to 4.5% might seem like good news – but what exactly does it mean for your wallet? Money Saving Expert founder Martin Lewis has offered a quick oversight of how the cut will impact their mortgages, savings, cards …

Circle Squared Alternative Investments’ Jeff Sica discusses the ‘historic’ meeting between Trump and PM Giorgia Meloni at Mar-a-Lago and Apple’s stock performance. Argentine President Javier Milei, a close ally of President Donald Trump, on Wednesday announced his intent to withdraw from the World Health Organization (WHO), echoing steps taken by …

Thousands of people with savings accounts are set to be hit with a shock tax bill from HMRC after a delay on sending out letters. His Majesty’s Revenue and Customs normally sends out P800 letters, informing people that they owe extra tax on their savings, by the end of November. …

‘Barron’s Roundtable’ panelists react to Elon Musk and Jeff Bezos’ experiments in space travel. Industrial and aerospace giant Honeywell said on Thursday it will split into three independently listed companies. Honeywell said it will separate its aerospace and automation businesses into separate entities, alongside its previously announced spin-off of the …

New HM Revenue and Customs (HMRC) late payments charges will come into effect later this month after the Bank of England’s decision to cut interest rates. The bank dropped the base rate from 4.75% down to 4.5%, with the HMRC rate to also drop as a result. The late payment …

Check out what’s clicking on FoxBusiness.com. Fanatics and Boardroom announced a partnership with one another on Thursday that will aim to help athletes in their business careers after their playing days are over. Boardroom, the sports media and entertainment platform co-founded by Kevin Durant and Rich Kleiman, will collaborate with …

Homeowners and prospective buyers could soon see lower interest rates on fixed rate home loans as financial markets signal growing confidence in a series of Bank of England cuts. So-called SONIA swap rates, which set the figure at which banks borrow from one another, have been falling in recent days …

San Diego County supervisor Jim Desmond criticizes California’s insurance regulations implemented prior to the Los Angeles County wildfires on ‘The Bottom Line.’ Americans’ home and auto insurance rates have been soaring for years, with inflation, mounting losses from natural disasters, and rising repair and construction costs all playing a role. …