41 h. ago Nearly half of Brits have financial 'FOMO' as they compare their money habits with friends

Nearly half of Brits experience financial FOMO, fearing they're missing out on key opportunities to make their money work harder. An expert shares five key ways you can boost your finances.

Economics

3 d. ago Criticise Trump’s tariffs all you like, but western sanctions aren’t any better – just ask Syria | Simon Jenkins

This form of economic aggression is macho and myopic, yet countries including the UK refuse to give it upAmong the more improbable countries that Donald Trump punished most severely last week was Syria, with a 41% tariff in retaliation for its part in the “raping and plundering” of the US economy. That should teach it a lesson for toppling Bashar al-Assad last year.The Damascus regime that subsequently came to power is pleading for help in keeping order and restoring its economy. But the chief obstacle is not Trump’s absurd tariff – now reduced to 10%. It is the sanctions regime imposed on it for the past 14 years by the west, including Britain. The US prohibits nearly all trade and financial transactions, extending this to foreign companies engaged with the Syrian government. EU sanctions targeted crude oil, investments, banking, telecoms and more. No tariff could be as severe as this.Simon Jenkins is a Guardian columnist Continue reading...

Politics

3 d. ago Trump’s tariffs are ruinous, but are western sanctions any better? Just look at Syria | Simon Jenkins

Sanctions as a form of economic aggression are macho and myopic, yet countries including the UK refuse to call a haltAmong the more improbable countries that Donald Trump punished most severely last week was Syria, with a 41% tariff in retaliation for its part in the “raping and plundering” of the US economy. That should teach it a lesson for toppling Bashar al-Assad last year.The Damascus regime that subsequently came to power is pleading for help in keeping order and restoring its economy. But the chief obstacle is not Trump’s absurd tariff – now reduced to 10%. It is the sanctions regime imposed on it for the past 14 years by the west, including Britain. The US prohibits nearly all trade and financial transactions, extending this to foreign companies engaged with the Syrian government. EU sanctions targeted crude oil, investments, banking, telecoms and more. No tariff could be as severe as this.Simon Jenkins is a Guardian columnistDo you have an opinion on the issues raised in th...

Politics

1 week ago Global cost of Trump trade war ‘could reach $1.4tn’; Goldman Sachs cuts UK growth forecast over tariff spillovers – business live

Rolling coverage of the latest economic and financial news, as UK business secretary warns Britain will be hit by ‘Liberation Day’ tariffsTrump prepares to unveil reciprocal tariffs as markets brace amid trade war fearsTrump’s new tariffs could backfire if they are set too high, explains Mark Haefele, chief investment officer at UBS Global Wealth Management:“Wednesday’s reciprocal tariffs could push the effective tariff rate another 4 percentage points higher. Anything further than that could move tariffs beyond a revenue-raising ‘sweet spot,’ in our view.Globally, the risk of high tariffs disrupting trade and economic activity would potentially offset any US federal revenue gains that the Trump administration seeks to use to further domestic policies.”“It appears tomorrow there’ll be no country in the world exempt from the initial announcements”.I tihnk that our trading relatinship is a very strong, and fair and balanced one, so I don’t think there is the need to do this. Continue ...

Economics

1 week ago Global cost of Trump trade war ‘could reach $1.4tn’; tariff fears hurt UK factories – business live

Rolling coverage of the latest economic and financial news, as UK business secretary warns Britain will be hit by ‘Liberation Day’ tariffsTrump prepares to unveil reciprocal tariffs as markets brace amid trade war fearsTrump’s new tariffs could backfire if they are set too high, explains Mark Haefele, chief investment officer at UBS Global Wealth Management:“Wednesday’s reciprocal tariffs could push the effective tariff rate another 4 percentage points higher. Anything further than that could move tariffs beyond a revenue-raising ‘sweet spot,’ in our view.Globally, the risk of high tariffs disrupting trade and economic activity would potentially offset any US federal revenue gains that the Trump administration seeks to use to further domestic policies.”“It appears tomorrow there’ll be no country in the world exempt from the initial announcements”.I tihnk that our trading relatinship is a very strong, and fair and balanced one, so I don’t think there is the need to do this. Continue ...

Economics

1 week ago Gold at record high as markets brace for Trump tariffs ‘to affect every country’ – business live

Rolling coverage of the latest economic and financial news, as UK business secretary warns Britain will be hit by ‘Liberation Day’ tariffsTrump prepares to unveil reciprocal tariffs as markets brace amid trade war fearsTrump’s new tariffs could backfire if they are set too high, explains Mark Haefele, chief investment officer at UBS Global Wealth Management:“Wednesday’s reciprocal tariffs could push the effective tariff rate another 4 percentage points higher. Anything further than that could move tariffs beyond a revenue-raising ‘sweet spot,’ in our view.Globally, the risk of high tariffs disrupting trade and economic activity would potentially offset any US federal revenue gains that the Trump administration seeks to use to further domestic policies.”“It appears tomorrow there’ll be no country in the world exempt from the initial announcements”.I tihnk that our trading relatinship is a very strong, and fair and balanced one, so I don’t think there is the need to do this. Continue ...

Economics

2 w. ago Epstein and Prince Andrew accuser says she has days to live after bus crash

Virginia Giuffre writes on social media she has ‘gone into kidney renal failure they’ve given me four days to live’Virginia Giuffre, a victim of the disgraced US financier Jeffrey Epstein who once alleged she was sexually trafficked to Britain’s Prince Andrew, says she has just days to live after being involved in a vehicle accident.“This year has been the worst start to a new year I won’t bore anyone with the details, but I think it important to note that when a school bus driver comes at you driving 110km as we were slowing for a turn no matter what your car is made of it might as well be a tin can,” she wrote in a post on on social media on Sunday, along with a photograph of herself lying in a hospital bed with a head injury. Continue reading...

Events

2 w. ago WhatsApp warning for all UK users over 'strange' messages – what to do if you receive one

The financial team at Revolut has warned that Brits were scammed more on WhatsApp in 2024 than consumers in any other European country, with messages to watch out for

Events

2 w. ago Reeves vows not to shy away from economic challenges amid statement criticism

The Chancellor warned there would be ‘no quick solutions’ to fix Britain’s financial woes.

Economics

2 w. ago Ugo Monye has bankruptcy petition over £200k unpaid tax bill withdrawn after HMRC admits it 'can't find' his address

Presenter Monye, a former England and British & Irish Lions wing, was left facing financial ruin after his company, Show Me The Monye, was liquidated.

Economics

4 w. ago Brit left fighting for life and homeless in the Philippines after girlfriend stabbed him and he came down with Mpox reveals NEW anguish after public plea for cash made him a target in the country

A British man who was forced to beg for financial help to get home to the UK after being left fighting for his life in the Philippines jungle has denied he is a scammer after being targeted by online trolls.

Events