Home buyers face fresh mortgage misery as Barclays becomes the latest high street bank to hike rates – adding an average of 0.2% across its fixed-rate range. The rise, which mirrors increases brought in by HSBC, will heap further pressure on already-stretched household budgets. It comes just hours after NatWest …
Read More »DOGE hails millions in savings from canceled contracts
Rep. Pat Fallon, R-Texas, discusses DOGE cuts and Bill Gates’ reported feud with Elon Musk on ‘The Bottom Line.’ The Department of Government Efficiency announced in a Monday post on X that agencies had recently nixed “111 wasteful contracts,” resulting in millions of dollars in savings. “Great work by agencies …
Read More »Rachel Reeves recruits AI robot army to grab tax – clamping down hard | Personal Finance | Finance
For years, HMRC has struggled to get all the tax it’s owed. The “tax gap”, which measures the shortfall between what the government is owed and what lands in the coffers, has swelled to £40billion. Some experts reckon it’s even bigger, pushing £100billion. And the Chancellor is keen to collect. …
Read More »Rioters loot Apple store during Los Angeles protests against ICE raids
Anti-ICE rioters looted an Apple Store in Los Angeles Monday night into Tuesday. (Brendan Gutenschwager via Storyful) Rioters in downtown Los Angeles looted a prominent Apple store amid protests against ICE raids in the city. Images from the scene show rioters in hoodies and masks ransacking the store Monday night. …
Read More »Women ‘disadvantaged’ by Rachel Reeves pension plan, says expert | Retirement | Finance
Plans for a major change in pensions rules could leave women at a disadvantage, an expert has warned. Rachel Reeves plans to combine smaller funds into a group of giant megafunds in the Pension Schemes Bill. The chancellor says this will benefit workers by £6,000 by the time they retire. …
Read More »OpenAI says New York set for central role in AI development
Williams Companies CEO Alan Armstrong discusses the energy demand in AI on The Claman Countdown. New York is poised to play a central role in the development of artificial intelligence (AI), OpenAI executives told key business and civic leaders on Tuesday. OpenAI CEO Sam Altman spoke at a private event hosted by …
Read More »Pensioners could soon be due nearly £1,000 every month | Retirement | Finance
Pensioners in the UK could be due almost £1,000 a month due to a planned increase in payments. People on the full New State Pension could be paid as much as £971.60 every four weeks from the Government. Nearly 13 million State Pensioners across Great Britain, including over one million …
Read More »Businesses looted in Los Angeles as anti-immigration enforcement riots spread
Anti-ICE rioters looted an Apple Store in Los Angeles Monday night into Tuesday. (Brendan Gutenschwager via Storyful) Retail stores and at least one restaurant are being caught in the crosshairs of ongoing anti-ICE riots in Los Angeles. A T-Mobile, Adidas, Apple Store and a sushi restaurant were also among the …
Read More »Full list of extra DWP support for those over State Pension age | Personal Finance | Finance
People above the State Pension age may be entitled to claim several additional payments and support to assist with energy bills throughout the year. Some of these payments won’t be issued until later in 2025, but could still be worth considering now when budgeting for household expenses. New applications for …
Read More »LARRY KUDLOW: Law & order crushed L.A. riots
Donald Trump chose criminal deportation, law and order, and tough-on-crime. California Democrats chose lawsuits and states’ rights. Who do you think won this latest round? I’d say Trump 10-Democrats 0. It’s just hard to believe that removing illegal alien criminals who have committed sexual assault and murders would be attacked …
Read More »