15 Million Brits Not Saving Enough for Retirement, Warns Pensions Commission
Pensions Commission warns 15 million Brits aren't saving enough for retirement, with women worst affected and only 4% of self-employed saving.
Category : Markets
ATS Euromaster to Close 86 UK Garages, Putting 703 Jobs at Risk
ATS Euromaster confirms closure of 86 UK garages, putting 703 jobs at risk amid sale of some sites to competitors.
Gold Price Breaks $5,000 Barrier Amid Trump Turmoil
Gold hits record $5,100 an ounce as Trump turmoil and Japan tax-cut pledge drive investors to safe-haven assets.
Stock Markets Tumble as Oil and Gas Prices Surge Amid Iran Conflict
FTSE 100 falls 2.75% as oil and gas prices surge amid Iran conflict, threatening UK inflation and rate cut hopes.
Pound Falls on Iran Tensions and Starmer Scrutiny
Pound falls as Iran rejects peace talks and Starmer faces Mandelson vetting scandal; sterling down 0.1% to $1.3503.
Powerball Jackpot at £352m for Tonight's Draw
A National Lottery player could win the £352m Powerball jackpot tonight. The prize is paid over 30 years. Entry is £4. Draw closes at 11:55pm.
Oil Surges 5% as Markets Tumble After Trump Declares Iran Ceasefire ‘Over’
Oil jumps 5% after Trump says Iran ceasefire 'over'; global stocks slide, bond yields surge on inflation fears. Asian markets plunge.
Trump officials set to link paracetamol to autism risk despite medical guidelines
Trump administration expected to link paracetamol use in pregnancy to autism risk, contradicting medical guidelines and sparking debate.
World's Largest Purple Star Sapphire Unveiled in Sri Lanka, Worth at Least £224 Million
World's largest purple star sapphire, 3,563 carats, worth £224m-£298m, unveiled in Sri Lanka. Named 'Star of Pure Land', discovered in 2023.
Trump Tariffs Threaten UK Electric Car Market
Trump's tariffs and EV policy changes risk disrupting UK car exports to the US, but luxury brands may be cushioned. Brexit could offer an advantage.
IPL value surges past $20bn to rival NFL as global sports brand
The Indian Premier League's value has surged to $20.6bn, boosted by franchise deals, now ranking second only to the NFL in per-match brand value.
Oil Prices Tumble as US Pauses Strikes on Iran, Raising Hopes of Ceasefire
Oil prices tumbled 9% after the US paused strikes on Iran, raising hopes of de-escalation. Analysts sceptical. UK bond yields fell.
Supreme Court Blocks Trump Tariffs, Markets Rally and US Dollar Dips
Supreme Court rules against Trump's sweeping tariffs, sparking stock market rally; UK reports record budget surplus and retail sales rise.
Brits Prefer Trains Over Flights for UK Travel
Two thirds of Brits would consider taking a train between UK cities over flying, despite expecting higher costs. Trains save money, time, and are greener.
UK Borrowing Costs Hit 27-Year High, Piling Pressure on Reeves
UK 30-year borrowing costs hit 27-year high at 5.723%, pressuring Chancellor Reeves ahead of autumn budget as fiscal headroom shrinks.
Man Utd Bank £38m as Hojlund's Napoli Transfer Triggered
Manchester United receive £38m after Napoli qualify for Champions League, triggering obligation to buy Rasmus Hojlund.
US Oil Stocks Rally After Maduro Capture, FTSE 100 Breaches 10,000
US oil stocks rally after Maduro's capture, Dow hits record. FTSE 100 closes above 10,000. Gold and defence shares also rise.
Markets shrug off Trump’s tariff threats but long-term risks loom
Markets remain calm after Trump tariff threats on Europe, but analysts warn of long-term risks including EU retaliation via capital markets.
Meme Stock Frenzy Returns as GameStop, AMC, and Bed Bath & Beyond Surge
Meme stocks like GameStop, AMC, and Bed Bath & Beyond surge again, driven by non-fundamental traders and hedge funds, reminiscent of 2021 frenzy.
Lloyds reports £2bn profit but warns of £151m hit from Iran war
Lloyds reports £2bn Q1 profit but warns of £151m loss from Middle East conflict, with lower GDP and higher unemployment forecasts.
Home Depot Warns of Price Hikes Due to Trump Tariffs
Home Depot warns it may raise prices due to Trump tariffs, as CFO cites higher costs on imported goods and quarterly sales miss forecasts.
Oil Price Surge Above $100 Spurs Market Turmoil Before Trump Remarks Calm Wall Street
Oil prices briefly hit $100, causing global market turmoil, before Trump's comments on US-Israel war with Iran calmed Wall Street and brought crude back to $85.
Bezos Faces Backlash Over Blue Origin Meeting With Trump on Day of Post’s Non-Endorsement
Bezos criticised after Blue Origin executives met Trump same day Washington Post declined to endorse Kamala Harris, sparking resignations and subscription cancellations.
Powerball Jackpot Hits $820m Ahead Of Saturday Draw
Powerball jackpot reaches $820 million after no winner Wednesday; three lesser prizes awarded.
Princes Tuna Firm Targets £1.2bn London Float in Boost for LSE
Princes Group floats on London Stock Exchange at nearly £1.2bn valuation, boosting UK IPO market amid recent drought.
MacKenzie Scott donates $70 million to Meals on Wheels
MacKenzie Scott donates $70 million to Meals on Wheels, continuing her pledge to give away her fortune.
Pound Surges to Highest Level Since Before Mini-Budget After Sunak Appointment
Pound hits highest level since before mini-budget as Rishi Sunak becomes PM; borrowing costs fall but economic crisis looms.
EuroMillions Thunderball results Tuesday £67m jackpot
The EuroMillions jackpot was an estimated £67 million. The Thunderball top prize is £500,000. Winning numbers are now available.
Venezuela’s $150bn Debt Crisis in Focus After US Action
Venezuela's $150bn debt crisis under focus after US action and Maduro's potential removal.
GSK Cambridge signals long-awaited positive shift
GSK’s Cambridge operations are generating optimism after years of doubt, with signs of progress in research and drug development.
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