18 h. ago Fake bank notes scam caught on CCTV as pair target shops across Scotland

The two young men attempted to use the fake Bank of England £20 notes at the What Everyone Wants store in Hamilton, Scotland last week, and were caught on CCTV.

Events

59 h. ago BBC to face Culture Secretary after bosses apologised for letting 'Hamas chief's son' narrate Gaza documentary

Culture Secretary Lisa Nandy will take the BBC to task over concerns their latest Gaza documentary about ordinary Palestinians starred a boy related to 'Hamas royalty'.

Culture

66 h. ago Santander pulls mortgage deals from market just a week after being launched

Several banks introduced sub four percent mortgage deals after the Bank of England cut interest rates to 4.5 percent

Economics

2 d. ago HMRC issues £900 fine warning over tax returns after interest cut

HMRC has cut the interest rate on late payments in response to the Bank of England's recent base rate cut

Events

3 d. ago Trump defense chief orders Pentagon to make cuts as IRS workers face mass layoffs – as it happened

This blog is now closing. You can read our latest story hereAs Donald Trump’s administration continues to fire thousands of federal workers and radically slash federal spending, some Republicans are growing unnerved, Axios reports.As the cuts start to hit GOP lawmakers’ districts and states, some have told Axios there is a larger conflict brewing over the constitutional issue of whether the president can bypass Congress on such decisions.I think you’re going to see a clash when they start abolishing [agencies]. Say like USAid, right? We authorized that. That’s a creature of Congress. If they try to do something like that, then you’re going to get into a constitutional argument or crisis.Before making cuts rashly, the administration should be studying and staffing to see what the consequences are. Measure twice before cutting. They have had to backtrack multiple times.We all want efficiencies, there is a way to do it, and the way these people have been treated has been awful in many ...

Politics

3 d. ago Trump defense chief orders Pentagon to make cuts as IRS workers face mass layoffs – live

Pete Hegseth orders leaders to develop plans to enact strict cuts while tax agency reportedly to lay off thousandsAs Donald Trump’s administration continues to fire thousands of federal workers and radically slash federal spending, some Republicans are growing unnerved, Axios reports.As the cuts start to hit GOP lawmakers’ districts and states, some have told Axios there is a larger conflict brewing over the constitutional issue of whether the president can bypass Congress on such decisions.I think you’re going to see a clash when they start abolishing [agencies]. Say like USAid, right? We authorized that. That’s a creature of Congress. If they try to do something like that, then you’re going to get into a constitutional argument or crisis.Before making cuts rashly, the administration should be studying and staffing to see what the consequences are. Measure twice before cutting. They have had to backtrack multiple times.We all want efficiencies, there is a way to do it, and the way ...

Politics

3 d. ago Trump defense chief reportedly orders Pentagon to make cuts as IRS faces mass layoffs – live

Pete Hegseth orders leaders to develop plans to enact strict cuts while tax agency reportedly to lay off thousandsAs Donald Trump’s administration continues to fire thousands of federal workers and radically slash federal spending, some Republicans are growing unnerved, Axios reports.As the cuts start to hit GOP lawmakers’ districts and states, some have told Axios there is a larger conflict brewing over the constitutional issue of whether the president can bypass Congress on such decisions.I think you’re going to see a clash when they start abolishing [agencies]. Say like USAid, right? We authorized that. That’s a creature of Congress. If they try to do something like that, then you’re going to get into a constitutional argument or crisis.Before making cuts rashly, the administration should be studying and staffing to see what the consequences are. Measure twice before cutting. They have had to backtrack multiple times.We all want efficiencies, there is a way to do it, and the way ...

Politics

3 d. ago FTSE 100 slides after higher inflation dampens rate cut hopes

The rise caused City traders to reduce their bets on interest rates being cut later this year by the Bank of England.

Economics

3 d. ago HMRC warning as 1.1million UK taxpayers could be hit with £900 fine

The taxman has cut the interest rate on late payments in response to the Bank of England's recent base rate cut, which could provide some respite to 1.1 million customers

Economics

3 d. ago Popular bank with two million customers is making major change to savings today

The interest rate on its Chase Saver account currently used to track at 1.25% below the Bank of England base rate - but as of February 19, the Chase Saver now tracks 1.5% below

Economics

4 d. ago What now for interest rates as school fees push UK inflation to 10

“If there was any doubt about what the Bank of England would do at its March interest rate meeting there isn’t now” – Nicholas Hyett, Wealth Club

Economics

4 d. ago Rachel Reeves accused of being 'out of her depth' as inflation jumps to three per cent

Stubborn inflation will make it harder for the Bank of England to cut rates

Economics

4 d. ago Rate of inflation jumps to 3% in January in bigger than expected rise

Fuel and VAT on private school bills fuel the Consumer Prices Index

Economics

4 d. ago FTSE 100 treads water after Andrew Bailey’s ‘weak growth’ warning for UK

The Bank of England governor also cautioned over the impact of ‘global fragmentation’ on the world economy as markets were broadly flat.

Events

4 d. ago Property expert shares top tips for people due to remortgage this year to get best deals

Major UK banks have slashed mortgage deals following the Bank of England's base rate cut.

Economics

5 d. ago Bank of England chief says UK facing ‘weak growth environment’

Andrew Bailey said the world was experiencing a period of ‘heightened uncertainty’ which could have an impact on global growth.

Politics

5 d. ago Fewer big money Premium Bonds prizes available from April draw

The total value of the prize pot will reduce from April, but the odds of winning will remain the same, at 22,000 to one.

Politics

5 d. ago Rachel Reeves ‘wrongly claimed to have work published in leading economics journal’

Pressure growing on chancellor following allegations she exaggerated Bank of England experience on her CV

Economics

5 d. ago To the CEOs who’ve joined Trump’s fight against diversity, I say this: you’re making a big mistake | Stefan Stern

Ditching DEI initiatives will curry favour in the Oval Office. It will also alienate the workforces bosses rely onThe mask has slipped and the gloves are off. A company which in 2022 boasted that it had exceeded its target, “spending $1.26 billion with US certified diverse suppliers”, is now ending diversity, equity and inclusion (DEI) initiatives.That company is Meta (formerly known as Facebook), whose chief executive, Mark Zuckerberg, announced DEI dismantling shortly before he had a prominent seat at Donald Trump’s recent inauguration. Perhaps from that privileged spot he was able to imbibe some of the “masculine energy” he says he wants to see at work.Stefan Stern is co-author of Myths of Management and the former director of the High Pay Centre. His latest book is Fair or Foul: the Lady Macbeth Guide to Ambition Continue reading...

Politics

5 d. ago Where should you save money after interest rate cut? Best savings accounts for February 2025

The Bank of England cut interest rates this month but you can still earn more than four per cent on your savings

Economics