With billions of tax-free cash set to mature, experts are warning savers to expect far worse returns.
The recruiter reported its gross profits fell by 12.9 per cent at constant currency rates to £196million in the fourth quarter of last year owing to weaker performances across all regions.
Less than two weeks into 2025 we've had our first defection from AIM in the form of Alliance Pharma.
A new Netflix movie starring Rory Kinnear as Burnley entrepreneur Dave Fishwick has hit number one on its streaming charts over the weekend.
Entain shares rose after the gambling giant upgraded profit guidance, despite its US business suffering 'customer friendly' sports results in the fourth quarter.
Serco chief executive Mark Irwin will retire this year, calling time on a 12-year stint with the outsourcing giant.
Under the agreement, GSK will pay $1billion upfront to acquire the Massachussetts-based firm, followed by up to $150million in 'success-based' milestone payments.
The founder of New York-based Saba Capital, is pushing for a huge shake-up at seven of the trusts, which hold stocks, bonds and assets on behalf of investors.
2025 is looking to be an even more expensive year for car repairs, new data warns, with experts concerned that drivers will shun repairs and maintenance to avoid bills.
I understand that from 2030 CPIH (Consumer Prices Index including owner occupiers' housing costs) will be introduced which is less than the RPI.
The average homeowner in England and Wales sold their home for £91,820 more than they paid for it, having owned it for 8.9 years on average.
The loss-making company had planned to build a 'green steel' electric arc furnace in the region and another at its main site in Scunthorpe.
The Tax Foundation, a respected US think-tank, estimates the new tariffs proposed - without taking account of retaliation - could result in the loss of 344,000 jobs.
A report is set to reveal 69 per cent of workers deal with failings in service - for which their own and other firms are responsible.
The idea of both Reeves and the governor of the Bank of England being on the other side of the world, during the current financial turmoil, is not the best optic.
A bond is an IOU or loan made by an investor to a government or company that must be repaid in full at a set date in the future.
Are the wheels coming off Rachel Reeves's 'wagon'?
Political allegiance may determine your answer to this question, but financial markets are adamant in their opinion.
Millions of homeowners dream of a new, extended kitchen, or creating more space with an extra bedroom or loft conversion.
RC Fornax wants to raise at least £5 million, valuing the business at £25 million, sources say.
Apple is the front-runner, but it is closely followed by Nvidia, with Microsoft hard on its heels.
Afiniti filed for bankruptcy in the US two months ago as the firm struggled under a mountain of debt.
Experts point out that you can discover your roots without having to sign up to costly subscriptions and much family sleuthing can be done for free.
I invested in whisky casks. Then it was suggested I invest £30,000 in Linc Drinks. I did, but then I heard about your article regards the company.
Japan Equity Income has generated total investor returns of 19 per cent - better than the average Japanese fund over the same period of 17 per cent.
Unless these trust investors want their money to be run in the future by Saba, they need to vote against the proposals put forward by this corporate opportunist.
Reeves left a historically tiny buffer of £10 billion for this year in her Budget to meet her main rule that day-to-day spending be matched by tax receipts.
That's the question that investors are asking themselves about the UK.
Someone buying a retirement income today could secure a deal that is a massive 70 per cent higher than if they had bought in 2020, when deals hit a record low.
So unless ministers take steps now to encourage them - or push back the 2030 deadline - the policy is doomed.
Some 81 per cent of respondents said they regularly saw people 'excessively speeding', with 55 per cent saying there was a culture among UK road users that it was acceptable to speed.
I'm vegan, so I contacted John Lewis customer services to ask if I could swap it for a vegan item of similar value - but was surprised that it said no.
There are lots of great reasons to leave money to charity in your will, most obviously because it is a wonderful thing to help others. Here's how to make most impact...
The gilt yield spike is unfortunate for a Labour party that has repeatedly accused Liz Truss 'crashing the economy', so what's going on.
Tesla's best-selling car has finally been given a facelift and emerges in 2025 with new looks and improved range. Here's a first glimpse at the Cybertruck-inspired tweaks.
We share the best buy-to-let mortgage rates for both personal name and limited company mortgages. These rates were the best deals sourced as of 10 January 2025.
A third of new cars entering the road last year were 'Chelsea Tractors', snatching the mantle of most popular segment from superminis, which had topped the sales charts for decades.
The building society said that the recent surge came from customers opting for cash to easier budget in the wake of the pandemic.
The cost of borrowing soared to its highest level for more than a quarter of a century this week as gilt yields continue to rise. What are they?
The government represents the UK and its people and some of those people are sitting on a lot of money, maybe it's time for a mutually beneficial deal.
Heat pumps divide opinion. Homeowners either like them or loathe them - but even those who have embraced these heating devices say they are fraught with problems.
Many property adverts are not compliant with current legislation, which means people are left without crucial information in the early stages of buying a home.
Couples can divorce within six months of applying, but financial settlements are dealt with in a separate process that can take much longer. Here's what you need to know...
Of the current generation of 18-21 year olds, four million were not taught how to properly manage their finances according to Santander.
In a letter to investors, Smith (pictured) said he had sold his Fundsmith Equity fund's shares in Diageo after holding the stock for almost 15 years.
Rates had been expected to fall in 2025 due to expectations that the Bank of England will cut the base rate three or four times, but that has now been thrown into question.
Scrap Car Comparison has revealed which models were most commonly crushed between January and December. Many are best sellers from the 00s.
Oxford Economics is predicting that interest rates will fall to 2.5% by late 2027, a much bigger drop than the 3.75% market consensus.
There are some final tasks and also some big lifestyle changes to consider in the final months before you leave your job. Here's what you need to know.
Boaz Weinstein (pictured), founder of Saba Capital, is pushing for a huge shake-up that would mean that directors at the trusts replaced by him and his allies.
James Knoedler, portfolio manager of the Evenlode Global Equity funds shares his thoughts on Nvidia, Mastercard, gold and Bitcoin.
Do savings accounts make it worse for him if he needs benefits. Would it be better in a pension than savings?
There is no doubt Rachel Reeves' announcement that from April 2027 unused pensions will be subject to inheritance tax is bad news - but is it as bad as people are saying?
The auction room goes quiet in suspense as the auctioneer raises the gavel above the block with a theatrical flourish. 'Going first... going second... going for the third and final time... gone,' he roars.
The Government has yet again reiterated that it will ban sales of new petrol and diesel cars from 2030 - but has also launched a consultation into the deadline date...
Firms operating within the engineering and manufacturing, technology, legal, and finance sectors have delivered the highest pay rises in 2024, research shows.
Interest rates were only cut twice in 2024 with base rate falling from a high of 5.25 per cent to 4.75 per cent. Will the cuts be deeper next year? We get the experts views
I was accosted and forced to transfer £200 to my assailant's bank account via my online banking app. I reported the matter to the police and then my bank.
Beyond central London, the most affluent parts of the commuter zone are home to the highest concentration of super-luxe cars.
You have weeks to file an online return and pay what you owe. There's a £100 fine if you file up to three months late. For late payments, you're charged 7.25% interest.
I've heard nothing from HMRC after telling them I don't need to file a tax return, and now I don't know what to do. Will I be fined £100?
Hargreaves Lansdown has revealed its Five shares to watch for 2025. Simon Lambert talks to senior equity analyst Matt Britzman to find out why it chose them.
The broadcaster says her nickname is 'spreadsheet Steph' and she loves to save cash by using her smart meter.
We pick our five favourite cash Isas for savers. This is essential reading to help you choose a top savings account for your money that can also protect you from tax.
Mortgage rates have been edging lower this month, but the lowest rates remain above 4 per cent for the time being.
Choosing the right investing platform is crucial but a wealth of choice can leave investors scratching their heads. We pick some of the best.
We asked trusted experts to recommend the best funds that cover different investment sectors - and included This is Money's selection of active and passive options too.
If you are planning on investing, or just want to know more, we tell you
the 10 essential things to consider for a successful buy-to-let
investment
A survey found nine in 10 drivers think at least some headlights on cars on the road today are too bright
When a Cabinet Minister tells people they should not be worried by what is happening on the financial markets, you know the Government is really scared. It should be.
Although head of the technology firm, Jo Gretton, admits the increase to National Insurance contributions 'will be a drag'.
The 78-year-old featured in most of Victoria's TV shows including Dinnerladies and Acorn Antiques.
Sales of gold coins were three times higher between October and December than in the same period of 2023, according to The Royal Mint.
Liam Byrne wrote to the FCA and London Stock Exchange to ask how they will scrutinise the firm as it plans one of Britain's biggest ever flotations.
Although its latest update does not include December, the chemist said early signs showed the festive trading period had been 'solid'.
A report said fund managers are more willing to speak out against environmental, social and governance and diversity, equality and inclusion issues.
The mid-cap index is vulnerable to the weakening pound and deepening concern about the UK's growth prospects and fiscal credibility.
Retailers face an increase in business rates in April alongside a barrage of other costs imposed by the Chancellor.
Jaguar was mauled for ditching the iconic 'growler' badge, used for decades on grilles and bonnets, and replacing it with a curved geometric 'J' badge.
The drug manufacturer said its investors would receive 62.5 pence per share under the deal, a 40.9 per cent premium to its closing share price on Thursday.
Prices tags for the 600e family crossover and Abarth 500e hot hatch have been trimmed by up to £4,220. Both now start from £29,975.
The world's biggest shipping services firm now expects to report making at least £115million in underlying pre-tax profits in 2024, having made a record £109.2million the previous year.
Several companies managed to stave off the new year blues, not least ImmuPharma which bagged this week's spot as AIM's biggest riser.
Policies designed to fight climate change 'probably' had a bigger impact on the inflationary upheaval of recent years than first thought, Sarah Breeden said.
The supermarket giant said its staff would receive a five per cent pay hike over the coming year, split into two separate increases to help 'navigate a challenging cost environment.'
One can understand why the Chancellor was happy to let her chief secretary to the Treasury take the heat for the crash in confidence in gilt-edged stock and the pound.
There are concerns that when the Magnificent Seven's run breaks, share prices will be hit hard but investors are reluctant to bet against so-called US exceptionalism.
The joint venture between M&S and the supermarket arm of Ocado, led by Hannah Gibson (pictured), should have been a match made in heaven.
Like-for-like sales in its company-managed stores rose by only 2.5% in the fourth quarter, half the rise of the prior three months.
M&S, led by boss Stuart Machin (pictured with Sienna Miller) reported £4.06bn in sales for the three months to 28 December.
Saba, run by Boaz Weinstein (pictured), has proposed replace trust directors with its own nominees, saying leaders have 'failed shareholders'.
The £50bn listing could be sorted by Easter, sources say, as Chancellor Rachel Reeves heads to China for talks on economic and financial cooperation.
Truell has offered to pay £1.25 per share for the entire company, having previously made an approach for 40% of the firm at the same price.
H&T Group, which has more than 270 pawn shops, saw a record number of new customers in the final ten weeks of last year.
The hedge fund attempting to seize control of seven London-listed funds is hoping to win over Herald Investment Trust investors with the offer of a cash exit.
In our three-bed house we paid £90 per month, but now in our two-bed flat we have been asked to pay £430.
The British Retail Consortium said there is 'little hope of prices going anywhere but up' following recent Budget announcements that will raise costs for UK retailers.
Marks & Spencer looks to be the big retail winner of Christmas 2024 after the group's sales soared ahead of market expectations.
Jimmy Carter, the 39th president of the United States, has been much eulogised as America's most distinguished after-President.
Boss Wael Sawan last year said he will consider moving Shell's listing to New York if efforts to boost its valuation in the UK do not pay off.
Flutter suffered its biggest one-day loss on the NFL on December 30, when the Detroit Lions beat San Francisco 49ers, costing it £59m.
Tom Morris (pictured), who was dubbed 'the richest Scouser to have ever lived' by his hometown press, opened his first shop almost 50 years ago.
When it comes to travel plans for Chancellors engulfed in market turmoil, it is a case of being caught between the devil and the deep blue sea.
With UK gilt yields soaring and the pound sinking, the FTSE 100 inched up 0.1%, while the more domestically focused FTSE 250 tumbled 1.9%.
The number of charge points installed in the UK over the course of 2024 was the highest annual level seen, with over 20,000 new devices added.
Drivers have seen significant increases in their insurance costs in recent years, but the market may have reached a turning point.
London-listed Gemfields, whose ambassador is actress Mila Kunis, has been blindsided by the imposition of a double-digit tax on the export of gemstones from Zambia.
Janus Henderson has joined rivals in urging investors of its London-listed investment trusts to reject a takeover attempt from US hedge fund Saba Capital.
In yet another setback for the Chancellor in the wake of the Budget, the yield on 30-year gilts topped 5.25 per cent for the first time since 1998.
Frequent flyers were not slow to criticise British Airways' announcement last week that it was dramatically changing its loyalty programme from April 1.
Topps Tiles surpassed expectations in the final weeks of 2024 as the retailer made progress with efforts to boost professional trade sales.
Shell has warned of a $1.3billion cashflow impact for the fourth quarter of 2024 due to payments of emissions certificates.
If you are one of the savvy savers who poured money into their Isas this time last year, you need to watch out.
Andy and Michelle Powell (pictured) had a new heat pump installed in their four-bedroom home just outside the market town of Berkeley in Gloucestershire.
Oscar Ryan and Adam Roubicek (pictured) bought a one-bedroom London flat for £265,000 at auction which would have normally cost around £300,000.
In April 2024, EDF Energy said I owed it £8,000 just for my gas. It promised to correct the error, but another £8,000 bill arrived. In August an adviser agreed something was wrong.
A total of 5,712 Rolls-Royce motor cars were delivered to customers 2024 - the third-highest annual sales figure on record.
In an upbeat trading statement to the City, the retailer's chief exec Lord Wolfson (pictured) raised his profit forecast for the year by £5m to £1.01bn.
The eagerly-watched S&P Global UK Construction Purchasing Managers' Index (PMI) gave a reading of 53.3, down from 55.2 in November.
Saba Capital is calling for a shake-up of seven London-listed investment trusts which collectively have a market value of around £4bn
Donald Trump Jr landed in Greenland on a 'personal day-trip' hours after his father repeated his wish for the US to take control of the autonomous Danish territory.
The model train maker's sales outperformed High Street peers over the crucial Christmas trading period.
Should I use the lump sum now to cut out mortgage payments on my buy-to-let, or leave the cash to hopefully grow in value for the future?
I set off the alarm when I left a department store, although I hadn't bought anything. Security on the door insisted on searching my shopping bags.
The Lifetime Individual Savings Account was launched eight years ago to help people save for their first home or boost their retirement savings.
When in opposition, Keir Starmer's team never missed an opportunity to accuse Liz Truss and the Tories of crashing the economy.
Date from research group Kantar showed Ocado sales rose 9.6% for the three months to December 29. M&S saw food and drink sales rise by 8.7%.
Adrian Sainsbury, who became Close Brothers chief exec in 2020, stood down on Monday after taking medical leave in September.
The company delivered 5,712 cars to customers in 2024 - the third highest annual sales figure on record behind 6,032 in 2023 and 6,021 in 2022.
The fast fashion giant's top UK lawyer was yesterday unable to confirm whether there is cotton from China, or specifically the Xinjiang region, in the items it sells.
Labour-run Dover District Council has made a controversial decision to hike EV parking permits by 162%, while slashing the cost of petrol car permits.
Honda has unveiled the prototype versions of the two electric cars from its new 0 Series which will arrive next year and come with AI and autonomous driving.
Treasury Committee will ask questions including whether the £450k house price cap should be raised, and whether early withdrawal fees should be abolished.
Industrials investor Standard Investments, which has an 11 per cent stake in Johnson Matthey, has been agitating the company to nominate new directors.
Increased employer pension contributions are the most sought after workplace benefit as almost a third of people look for this benefit from potential employers.
Amcomri joined Aim just before Christmas at 55p a share. The stock has risen to 59p and should continue to increase in value in 2025 and beyond.
Should I ask my father-in-law to pay to charge his EV on my home charger? He comes at least once a month and I'm always paying for his charge. What's the etiquette? We asks the experts.
Keystone Positive Change investors have been urged to vote against Saba and back the board's plans to merge with Baillie Gifford Positive Change fund.
The high street retailer expects its wage bill to grow by £67m in the year ending January 2026, driven by Rachel Reeves' Budget changes.
Our City editor Alex Brummer reveals his ten step plan to get growth back after it evaporates following Labour's tax raid Budget.
House prices fell slightly in December, according to the latest figures from Halifax.
Some 84 motorists in their eighties were also caught using a device while driving between January 2022 and October 2024, and three licence holders in their nineties.
Lynne Cole paid more than £800 in early 2023, in the last big rush to take advantage of a deal to buy top-ups - but after nearly two years had received no boost to her pension.
The O2 clocked up a record 2.6m ticket sales for events including the Brit Awards, where Dua Lipa and Kylie Minogue (pictured) performed.
The monthly purchasing managers' index survey by S&P Global found optimism about growth in the year ahead remained at the lowest level in nearly two years.
Premium own-label products and seasonal items helped to push the German discounter's sales up 3.4% in the four weeks to December 25.
A report by the fund manager showed that - excluding pensions - British savers hold just 8% of their wealth in equities and mutual funds.
Boss James Daunt (pictured), who joined Waterstones in 2011, told the Financial Times a combined listing would be 'logical'.
Saba Capital, run by Boaz Weinstein (pictured with wife Tali), has called meetings at seven trusts to replace their directors with himself and his allies.
Investment trusts have a long and occasionally chequered history. The very best have down the decades done a brilliant job for retail investors.
Rolls-Royce, whose shares rose more than six-fold between the start of 2023 and end of 2024, fell 2.6% after Citigroup cut its rating to 'neutral' from 'buy'.
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