Finance

872
UK spends £100m annually on public inquiries as Tories push for grooming gangs probe
The UK has spent more than £100 million on public inquiries every year over the past decade...
710
Bet365 CEO reduces pay but still earns £158 million
Denise Coates, chief executive of the gambling firm Bet365, took a massive pay cut last year, but still received a package worth almost £158m.
946
T3 financial crime unit achieves milestone: USDT 100 million in criminal assets frozen across five continents
T3 FCU exemplifies the power of public-private collaboration in real-time cryptocurrency crime-fighting, freezing over USDT 100 million in illicit assets.
852
Trump shows interest in Greenland while other Arctic investments stall
The Arctic recently made headlines after Donald Trump repeated his desire to buy Greenland.
867
By midday in 2025, FTSE 100 executives earn more than the average worker does in an entire year
Bosses to hit milestone on third working day of 2025 with median hourly pay of £1,298, says High Pay Centre.
761
Fraud in Adam Vincent Gilmer’s business: The legend of "organic" products and MLM
Entrepreneur Adam Vincent Gilmer was born in Johannesburg, South Africa, and immigrated to the US in 1989.
812
Top 500 wealthiest individuals amass over $10 trillion in 2024
An indomitable rally in US tech stocks plays a key role in turbocharging the wealth of industry titans.
787
Energy prices rise again with further increases predicted in April
Domestic energy prices have risen with little respite expected for billpayers during the rest of the year.
889
Nearly 170,000 retail jobs were lost in 2024, with expectations of even more job losses next year
The figure is the highest since the aftermath of COVID-19 pandemic lockdowns in 2020.
720
Car industry consulted on 2030 ban of petrol and diesel vehicles
The UK motor industry is being consulted over how the phasing-out of new petrol and diesel cars by 2030 will work, the government has announced.
861
Royal Mail sale to Czech billionaire gets national security clearance
The deal has been cleared on national security grounds, taking the Royal Mail a step closer to falling into foreign ownership.
869
Thames Water fined £18m by Ofwat for breaking shareholder payment rules
It’s hoped that the penalty will act as a "clear warning" to the whole water sector, regulator Ofwat said.
877
Water bills set to rise by 36% over the next five years, Ofwat announces
Water companies have been given a green light to increase bills by more than a third in a move that has already branded a ‘bloody disgrace’.
688
Brexit cost UK £27bn in lost trade in first two years
Despite fall in trade, LSE study says overall impact was more limited than OBR forecasters first estimated
899
PM says taxpayers cannot afford Waspi compensation
Prime Minister Keir Starmer has defended the decision to reject compensation for women hit by changes to the state pension age, arguing that the taxpayer "simply can’t afford the tens of billions of pounds" in payments.
743
UK student loan debts soar as one graduate pays £64k in interest
The highest outstanding student debt in the UK has topped more than £250,000, figures obtained by Money show.
844
Royal Mail takeover by Czech billionaire Daniel Kretinsky reportedly approved by government
The sale of Royal Mail’s parent company to a Czech billionaire has received government approval, according to a report.
711
Cabinet Office to cut 400 jobs in effort to create a ’smaller, clearer structure’
Staff told 400 civil servant roles will go in voluntary exit scheme, with Whitehall braced for further cuts
1011
Ministers plan to cut over 10,000 civil service jobs
Sources say there is belief that service has become too big after growing during Brexit and pandemic years
829
Nearly £1,200 of public funds spent on two luxury leather folders
Chancellor Rachel Reeves is pushing her cabinet colleagues to find major savings in their departments. In a case of very awkward timing, new figures reveal one recently spent almost £1,200 on two luxury leather folders.
953
UK train fares are the highest in Europe, study reveals
Train operators in the UK are the most expensive in Europe, according to new analysis.
917
China investigation costs US tech giant over $100bn ahead of Trump presidency
A Chinese competition investigation has knocked more than $100bn off the valuation of a US tech giant, as Beijing braces ahead of a second Trump presidency.
751
UK bans ’unauthorised’ crypto website
A website that allows anyone to create their own cryptocurrency in a couple of clicks has been banned in the UK.
872
UK house prices hit record highs as demand shows no signs of slowing
House prices have now reached record levels as lower mortgage rates have helped improve buyer confidence for the fifth month in a row.