Seven banking and money changes coming in February 2025
Bank accounts are set to be changed in a major shake-up during the second month of the year, high street financial providers ...
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UK Inflation Calculation Revamp: Impact for All
Visit a supermarket in 2025 and you'll see that a tub of Lurpak butter can cost £5.70. It may strike you that this represents a staggering increase ...
The way UK inflation is worked out is changing – and it will matter for everyone
Gathering data on consumer prices and the products we’re really buying will become far more precise, giving a better picture ...
How will central banks react to Trump’s tariffs?
Trump’s tariffs apply to about 40 per cent of US imports (excluding Mexico, the share is about one-quarter). But while the scope of the new duties is broad, the US is not a very open economy: in 2024, ...
FTSE 100 and US stocks plunge as Trump's tariff threats play out, Mexico agrees extension
The FTSE 100 ( ^FTSE) and indices across Europe and Asia sold off on Monday, as president Donald Trump's trade war hit home ...
Best savings accounts in February offering up to bumper 8% interest
Research by Moneyfactscompare shows savings interest rates are on a downward trend following the Bank of England’s second ...
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The everyday items that could see price hikes in the UK due to Trump's tariffs
Cornes added: “If Trump decides to impose tariffs on the UK, the main impact channel would be lower exports, with the price of UK goods increasing for US consumers. If the UK were to retaliate, this ...
Tariffs may have ‘slammed shut' the window for interest rate cuts in 2025, economist says
Proposed tariffs are expected to raise inflation and keep interest rates elevated into 2026, if they take effect, according ...
Hundreds of thousands face shock tax bill in April as HMRC delays sending out vital letters
HUNDREDS of thousands of savers are set to be hit with a surprise tax bill this spring as HM Revenue & Customs (HMRC) is ...
Thousands of people who have an ISA waking up to missing £150 in bank account
Data shows that Londoners are the laziest savers with average rates for easy-access ISAs at just 2.69%, barely exceeding ...
Trump Tariffs Ripple Through Markets; Key U.S. Data, Trade News, BOE Rate Decision Eyed This Week
Global markets are swooning in response to the Trump administration's move to levy tariffs on goods from Mexico and Canada plus an additional tariff on imports from China. Investors will keep a keen ...
Bank of England to cut interest rates as growth fears build
Rate-setters are likely to signal a cautious approach for the remainder of the year given lingering price pressures in the ...