2 h. ago Trump tariffs creating ‘high uncertainty’, Bank of Japan warns; Musk’s X ‘valued at $44bn again’ – business live

Rolling coverage of the latest economic and financial newsSavings and investment firm M&G has warned this morning that it faces uncertain times.In its full year results for 2024, M&G points out that:Increased geopolitical uncertainty and market volatility continue to weigh on client sentiment and pose a significant challenge to financial institutions across the globe.The Company has traded well in the first half and delivered strong profit growth. Like other operators in the sector, we face many cost headwinds that will impact us in the second half, following the recent Budget, notably the increase in national living wage and national insurance from April. We estimate that the annualised impact of these two items is £2.6m, with the incremental costs commencing in April and impacting the final quarter of the 2025 financial year.We plan to mitigate the majority of these costs over the next 18 months through price increases and cost efficiencies. Continue reading...

Economics

21 h. ago Gold hits record high over $3,000 amid rising geopolitical tensions; Thames Water receives six takeover offers – business live

Rolling coverage of the latest economic and financial news, as gold hits $3,027 per ounceGold is continuing to hit new heights this morning – it’s now trading at $3,027 per ounce.“In the current environment, every day seems to offer a new catalyst for the gold price,” comments Kathleen Brooks, research director at XTB.In uncertain times, central banks and individuals demand gold, while inflation concerns emanating from President Trump’s tariffs and trade war are also boosting the price of gold.Life above $3,000 per ounce could be the norm for the gold price in 2025, it is already higher by 15% YTD, easily outpacing gains for global equities. Continue reading...

Events

26 h. ago Gold hits record high over $3,000 amid rising geopolitical tensions; Pound at $1.30 against weakening US dollar – business live

Rolling coverage of the latest economic and financial news, as gold hits $3,027 per ounceGold is continuing to hit new heights this morning – it’s now trading at $3,027 per ounce.“In the current environment, every day seems to offer a new catalyst for the gold price,” comments Kathleen Brooks, research director at XTB.In uncertain times, central banks and individuals demand gold, while inflation concerns emanating from President Trump’s tariffs and trade war are also boosting the price of gold.Life above $3,000 per ounce could be the norm for the gold price in 2025, it is already higher by 15% YTD, easily outpacing gains for global equities. Continue reading...

Economics

37 h. ago The economy was always Trump’s strength. Polls show it might be cracking

Analysis: Americans voted for Trump because they believed he would lower prices and the cost of living. New surveys show people are losing their faith that he’ll accomplish that

Politics

41 h. ago Manchester United announce season ticket price increase for 2025

United are also introducing game categorisation for match-by-match tickets to allow for different pricing structures for higher-profile fixtures.

Sport

41 h. ago Manchester United Supporters' Trust respond to season ticket price increase

Man United have announced plans to increase the price of season tickets for the 2025/26 season.

Sport

44 h. ago Chocolate fans gobsmacked at price of bar that 'held down the street for years'

A formerly cheap chocolate bar has left shoppers fuming after they spotted the price of it has more than doubled in recent years

Politics

4 d. ago Major supermarket announces it is cutting price of petrol by 4p per litre

The cuts come after a drop in wholesale prices of fuel

Economics

5 d. ago BBC TV licence price 2025: when do the prices go up and how much more will it cost you?

TV licence fee will go up in a matter of weeks - here’s when 📺

Economics

5 d. ago Mobile and broadband 2025 price increases: Start date and charges explained

Price hikes totaling over £74 million a month are on the way, but millions of customers could avoid them... and even save money.

Politics

5 d. ago The O2, Three, Vodafone and EE price rises ting all mobile phone customers next month

Phone contract prices go up every April but changes will be different this year due to new rules by Ofcom

Economics

6 d. ago Netflix and Amazon Prime viewers given BBC TV licence bombshell making them 'reassess'

The news will surprise users of services such as Apple TV and Disney+ after a new update from Barclays

Politics

7 d. ago Households can beat energy price cap rise with simple money saving step

The energy price cap is set to rise by 6.4% from April 1, with the average dual fuel household paying by direct debit seeing an increase of more than £100

Economics

7 d. ago NHS dental prices set to rise with lowest level of care up to £27.40

The price hikes have been labelled 'reheated austerity' as costs rise by 2.3%

Economics

7 d. ago New TV licence rules could see those only watching streaming services pay

The BBC TV licence fee will continue to rise until 2027 - but the UK Government has confirmed it will be "keeping an open mind" about the future of the annual payment

Politics

8 d. ago Cheltenham Festival drink prices: The cost of a pint of Guinness, wine and spirits compared to 2024

Cheltenham Festival goers face having to fork out a little bit more for a refreshment this year

Economics

8 d. ago Cheltenham Festival drink prices: The cost of a pint of Guinness as race

Cheltenham Festival goers face having to fork out a little bit more for a refreshment this year

Economics

8 d. ago Cheltenham Festival 2025 drink prices: The price of a pint of Guinness, wine and spirits compared to last year

It's one of the biggest drinking weeks of the year and prices at the Gloucestershire event have been revealed

Politics

8 d. ago Cheltenham Festival 2025: How much is the price of Guinness at iconic horse racing event?

Around 265,000 pints of Guinness were sold at last year's Cheltenham Festival, despite inflated price points compared to local boozers across the UK - and this year's prices have also been confirmed

Politics

8 d. ago New TV licence could be introduced for people only watching streaming services

The annual BBC TV licence fee is set to rise to £174.50 in April.

Politics