HMRC Confirms New VAT Charges for Older Cars

HMRC has confirmed new VAT road fuel scale charges for older petrol and diesel cars, effective from May 1, 2026 to April 30, 2027. Rates vary by CO2 emissions or engine size.

Nationwide Cuts Mortgage Rates Up to 0.28%

Nationwide reduces mortgage rates by up to 0.28% following the Iran-US peace deal, offering 4.29% lowest rate from Tuesday. Experts welcome the move but caution against assuming sustained rate drops.

Ghost Airport Reopens After 14 Years Abandoned

Ciudad Real International Airport in Spain, abandoned since 2012, has reopened for private flights. The €1bn airport, with one of Europe's longest runways, will serve private jets from Europe and the US.

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