Finance

509
New Look to close 26 stores and cut 350 jobs - see full list
The High Court in Ireland approved the appointment of provisional liquidators on Thursday as New Look seeks to wind down its Irish operations following several years of "sustained losses and challenging market conditions."
369
London parking fines set to increase to £160: Mayor Sadiq Khan approves proposals to raise PCNs by £30
London parking penalty charges are set to increase with motorists soon to be stung with eye-watering fines.
494
Severe HMRC warning to anyone who has gifted money to family
Generous Brits wishing to give money and belongings to loved ones before they pass away have been encouraged to familiarize themselves with the government’s inheritance tax (IHT) rules.
396
Martin Lewis outlines ’urgent’ steps to save hundreds of pounds before the nationwide bill increase
According to Martin Lewis, 80% of households in England, Scotland and Wales currently overpay for energy — and in the coming months, it’s only going to get worse.
446
Thousands of investors in Trump’s meme coin lost $2 billion, while the US president’s family and their partners earned $100 million in commissions
More than 813,000 crypto wallets have lost a total of $2 billion after buying President Donald Trump’s memecoin, according to an assessment by Chainanalysis commissioned by the New York Times.
584
BP shares surge after Elliott hedge fund takes stake
Activist fund predicted to push for overhaul of oil company’s strategy and shake-up of board.
455
Trump urges Treasury to stop minting ’wasteful’ pennies
The US Treasury Secretary Scott Bessent has been told to stop minting one-cent coins, or pennies as they are widely called, by US President Donald Trump in an announcement on his Truth Social media account.
537
Bank of England experiences significant gold bullion outflow
Thousands of gold bars have been withdrawn from the Bank of England’s vaults since the end of last year amid fears around the impact of Donald Trump’s trade war, Report informs via The Telegraph.
510
Bank of England’s interest rate decision leads to lower mortgage bills for millions – here’s what it means for your finances
Millions of mortgage bills are set to fall after the Bank of England confirmed a cut to interest rates.
660
Global stock markets face pressure amid Trump’s tariff threats
Markets recover some losses after Trump agreed to delay new duties on Mexico goods, sparking hopes of a reprieve.
549
Gold reaches record high as Trump’s tariffs are about to be implemented
Gold prices jumped to a record high on Monday as Donald Trump launched trade tariffs against Canada, Mexico and China. The yellow metal peaked at $2,830.31 per ounce on Monday afternoon, as investors put money into the ’safe-haven’ asset.
626
’New breed of shoplifter’ as 37% fail to scan items at self-checkout
Almost two in five people have failed to scan at least one item when using self-checkout machines.
530
Over a million people miss the tax return deadline
An estimated 1.1 million people missed the deadline for filing their annual tax returns, according to HM Revenue and Customs (HMRC).
583
Lloyds and Halifax banking apps outage leaves hundreds of customers unable to access accounts
Lloyd, Halifax, and the Bank of Scotland are having issues with their apps and online banking - as hundreds cannot access their accounts.
550
US President Donald Trump earned more than $802 million since the launch of his memcoin
U.S. President Donald Trump has earned over $802 million since the launch of the meme coin OFFICIAL TRUMP (TRUMP), which was introduced on January 18, 2025.
579
Britain’s $333 billion trust sector to face additional votes amid US activist’s campaign
U.S. activist investor Boaz Weinstein may have suffered a defeat in the first vote on his plans to shake up Britain’s investment trust industry, but bosses in the 269 billion-pound ($333 billion) sector will not be sleeping easy.
385
Barclays customers encounter a second day of disruptions following an IT outage
Barclays customers are experiencing intermittent errors with payments and transfers for a second day after serious IT problems that also affected the bank’s app and online banking.
592
Former Barclays CEO prepares for explosive trial over City regulator’s allegations of ties to Jeffrey Epstein
Court papers seen by the Guardian mean Jes Staley’s appeal against FCA ruling will demand answers on links to sex offender.
416
Trump’s memecoin appears to be a classic financial scam
Donald Trump, who promised during his election campaign to make the United States the global crypto capital, launched his own cryptocurrency just days before his inauguration.
376
Rachel Reeves considers using £5bn in seized Bitcoin to address the public finance deficit
Rachel Reeves could be poised to use a £5.2billion Bitcoin windfall to help address Labour’s much-lamented "black hole" in the public finances.
468
UK government borrowing hits £17.8bn in December, well above forecasts
Increase to £17.8bn is well above City forecasts and is highest December figure for four years
425
Trump’s cryptocurrency plummets as critics deem it worthless
Donald Trump’s official cryptocurrency has plunged by 32% over the past 24 hours. Meanwhile, Spain is looking to ban non-EU residents from buying homes in the country.
622
Melania Trump’s cryptocurrency reaches £1.4 billion in value shortly after launch
Incoming first lady Melania Trump has launched her own cryptocurrency on the eve of her husband’s inauguration, making billions in a matter of minutes.
496
Billionaires’ wealth increased by $2 trillion in 2024, according to a report
Rate of wealth growth last year was three times faster than 2023, Oxfam inequality research reveals
653
Trump launches $TRUMP meme coin, price skyrockets overnight
President-elect Donald Trump launched his own cryptocurrency on Friday, sparking a feverish buying that apparently sent its market capitalization soaring to several billion dollars.