5 h. ago Regulator seeks views on scrapping or increasing £100 contactless card limit

The Financial Conduct Authority said one option put forward is to allow firms to set their own limits.

Economics

6 h. ago Major update to card payments could change way all shoppers pay in stores

The contactless limit is currently set at £100 but the financial regulator is considering increasing this, or removing this limit entirely - we explain how this would work

Economics

22 h. ago Staley subjected to ‘public humiliation’ over Epstein ties that threatened marriage, court hears

Ex-Barclays chief, seeking to overturn regulatory ban, was questioned during court case about sex with Epstein staffer

Events

24 h. ago Staley subjected to ‘public humiliation’ over questions on sex with Epstein staffer, court hears

Ex-Barclays chief, seeking to overturn regulatory ban, was asked about encounter at apartment of disgraced financier’s brother

Events

52 h. ago GB News halted for 'breaking news' as fans all make same comment

GB News' Tatiana Sanchez interrupted today's regular programming to announce that Nicola Sturgeon will not seek re-election next year, with viewers taking to social media to share their thoughts

Politics

65 h. 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

5 d. ago More Americans are now seeking UK citizenship. Three of them tell us why

Donald Trump’s re-election has made many in the US doubt whether the direction of their nation is for themA record number of Americans are seeking UK citizenship, according to recent data.In 2024, more than 6,100 US citizens applied for UK citizenship, marking a 26% increase from 2023 and the highest number recorded since data collection began in 2004. The figures reveal a significant rise in applications during the final three months of last year, coinciding with Donald Trump’s re-election to the White House, when there was a 40% year-on-year rise in applications. Continue reading...

Politics

2 w. ago Is it time to scrap the Cash ISA? Experts’ view on Rachel Reeves’ controversial plan to get UK investing

Rachel Reeves has discussed reform with City execs and a cut to a £4,000 limit is one possible outcome

Economics

2 w. ago Citigroup erroneously credited client account with $81tn in ‘near miss’

Incident comes as US bank seeks to assuage regulatory concerns over its risk management processes

Economics

2 w. ago BP to ramp up oil and gas output in major shift away from green goals

Fossil fuel firm will cut more than $5bn from low-carbon investment plan in ‘fundamental reset’Business live – latest updatesBP is dropping green goals, ramping up oil and gas production and slashing spending on low-carbon energy as part of a fundamental reset of the troubled company.The FTSE 100 fossil fuel company has promised shareholders it will increase its target for oil and gas production by 2030 to the equivalent of about 2.4m barrels a day – about 60% higher than the figure in its net zero plan set out five years ago. Continue reading...

Politics

2 w. ago BP to almost double oil and gas production by 2030 in move away from green goals

Firm will be selective about investing in low-carbon options, slashing more than $5bn from previous green planBusiness live – latest updatesBP is almost doubling its target for oil and gas production by the end of the decade and slashing its spending on low-carbon energy as part of a fundamental reset of the troubled company away from previous green goals.The FTSE 100 fossil fuel company has promised shareholders it will increase its planned oil and gas production by 2030 to the equivalent of about 2.4m barrels a day – almost twice the figure in its net zero plan set out five years ago. Continue reading...

Politics