Finance

Britain has "almost no gas in storage" ahead of the coming winter, the boss of energy giant Centrica has warned.

President Donald Trump invested as much as $50,000 in Elon Musk’s SpaceX in June, according to a public financial disclosure, giving him a financial stake in a major government contractor run by his former adviser.

The Falkland Islands are set to receive a massive oil windfall thanks to a new drilling venture.

Rupert Murdoch said in newly released correspondence that it would be a disaster if his media empire fell into the ‘wrong hands’

More than £500,000 a day is spent detaining illegal migrants and moving them around the country, The Sun can reveal.

Britain’s North Sea oil and gas sector will see more than 100,000 jobs disappear over the next 25 years, according to figures from the Labour Government.

Cigars could disappear from Britain’s shelves forever if a new "nanny state" crackdown comes to pass, tobacconists have warned.

Owners of second properties in Edinburgh are set to be hit with a 300 per cent council tax surcharge from January 2027, potentially pushing annual bills for the most expensive homes to nearly £16,000.

HM Revenue and Customs (HMRC) is "drawing millions into paying more tax" under a stealth raid, experts warn.

The British online fashion seller Boohoo has been fined €2.3m (£2m) by France’s consumer watchdog ⁠for deceptive ⁠practices such as offering fake discounts.

Diageo slashed nearly 2,000 jobs in the year to June as the struggling drinks giant launches a drastic restructuring to revive its fortunes.

The chief economist at Russia’s second-largest bank has been fired after a series of critical comments about the state of the economy, including warnings that Moscow would not win a prolonged economic war with Ukraine.

Housing Minister Matthew Pennycook has denied suggestions that water companies could be allowed to raise bills during periods of drought and said Andy Burnham has been angered by the reports.

Council staff taking sick days are costing taxpayers £3million a day, new research has revealed.

The U.S. Department of the Treasury has permanently eliminated beneficial ownership reporting requirements for domestic companies and individuals under the Corporate Transparency Act, gutting a major federal anti-money-laundering disclosure program for American small businesses.

The U.S. government has sold for scrap two sanctioned oil tankers that were seized in the days after Washington’s raid on Venezuela, Lloyd’s List reported ‌on Monday.

With only 12 weeks remaining before his first budget, the new chancellor, John Healey, is exploring ways to increase public investment without breaking the Treasury’s fiscal rules – and some economists are encouraging him to be bold.

Higher taxes are now the biggest perceived threat to Britain’s millionaires, according to a new survey.

The U.S. Treasury’s financial watchdog fined a record $125 million penalty Monday against UBS Financial Services Inc. for "willful" anti-money laundering violations, including failing to monitor over $10 billion in foreign currency wires and ignoring red flags on high-risk clients.

China helped transform Germany’s automakers into global giants, delivering decades of strong sales and billions in profits. Now, it’s their biggest liability.

Capital One bank has asked a federal judge to dismiss a lawsuit from the Trump Organization over the closure of hundreds of bank accounts back in 2021, arguing in new papers that the shutdowns were the product of a monthslong anti-money-laundering review — not retaliation for the Jan.

Britain’s economy could be sent into a recession next year if the crucial Strait of Hormuz remains closed into 2027 amid a prolonged Iran war, according to a report.

A grieving family were mistakenly told by National Savings and Investments (NS&I) they would inherit £30,000 in Premium Bonds, only to discover the money did not exist.