
The European Parliament also endorsed a white paper which urged members to back such an institution.
Britain's biggest building society, led by Debbie Crosbie (pictured), is making the £600m payout following its takeover of Virgin Money.
The President has put the Fed under intense pressure to cut rates - but Powell is expected to resist despite fears of a recession looming over the world's largest economy.
Donald Trump's behaviour, in particular over Ukraine and Vladimir Putin, has made the world think the US has, in Boris Johnson's phrase, undergone a 'moral lobotomy'.
There are many ways in which we can cut our tax bills. And maybe we should just try to spend less.
I wrote a book about my teenage friends, John Lennon and The Quarrymen. It is on Amazon, but I've received nothing for over a year.
There is every possibility that Rachel Reeves will let the furore die down - and then announce an assault.
Rachel Reeves is under pressure to raise taxes and cut spending to plug a £10 billion gap in the public finances or risk breaking her own borrowing rules.
Trying to decide where to invest has become especially fraught over the past few weeks as markets face huge volatility and the outlook changes daily.
While ultra-organised drivers research quotes in advance, some don't bother at all and auto renew. But there is a sweet-spot in between when prices are lowest.
After VW's said it's reintroducing physical controls in forthcoming cars, we look at the other brands who are returning to analogue controls having listened to customer feedback.
My husband says I should just keep quiet and stay off politics at work. But my colleagues don't. So why should I?
Financial markets, so the saying goes, are driven by fear and greed - fear when times are tough, greed when times are good. Today, fear is in the ascendant - and so is gold.
Now 66, Sir Ben was knighted in 2023 for services to literature. He lives in west London with his partner and their eight-year-old daughter Mirabella.
Plans are advancing between ITV and All3Media. A deal is still far from certain, but if it did come off it would be a major boost for the UK stock market.
While couples can pool savings and share expenses, single people must stump up for utility bills, holidays and groceries alone.
In the 12 months to the end of December, the trust registered total investor returns of 15.9 per cent - well ahead of the 9.5 per cent returns from its benchmark, the FTSE All-Share Index.
The cash - up to £3.75 million - was part of a complex plan to repay investors who bought a £50 million bond issued by Eros in 2014.
James Daunt said the London stock exchange is an attractive market for retail businesses, raising hopes the company will stage a float in the City.
There are many criticisms you can level at the investment industry, keepers of our pension funds and stocks and shares Individual Savings Accounts.
I've had them on display in my home office and they're always a talking point. On a Zoom call recently, someone asked me what they're worth.
Should the unloved UK stock market be the home for some of your Isa allowance this year?
Despite Berkeley Group's concerns, help is unlikely to come from the Bank of England next week due to Budget tax hikes.
Leighton said profits will be 'materially' lower this year as he prepares to plough millions of pounds into a turnaround plan.
Rachel Reeves, having empowered the Office for Budget Responsibility in a bid to bolster Labour's credibility, is being hoist on her own petard
Burbank has this week launched a world-first online card payment technology known as 'Card Present over Internet' or CPoI.
The Government has confirmed it is going ahead with plans to let parents fill gaps in their state pension records if they didn't claim child benefit.
Ever wondered what the iconic London black cabbies have to learn to pass the infamous 'Knowledge' test? One cabby tells us the almost unbelievable secrets of the craft...
Smart motorway radar detection systems have failed to keep divers safe due to outages, new findings reveal. There are calls for hard shoulders to be reinstated.
The cut is the largest overnight price drop made by any retailer so far in 2025, and is Asda's largest cut since 2022.
Investors this week have been hit by the 'Trump Slump.' Why is the US market rattling markets and is it the end of the US bull market?
New mortgage deals with hefty cashback are on offer to help with rising stamp duty costs - but there are a few things buyers must be aware of before signing up.
Shelli Birkett fell victim of number plate fraud when she was accused of being involved in a crash in Liverpool, while she was at home 280 miles away.
The Jaecoo 7 is the latest Chinese car to arrive in the UK. It's a fraction of the cost of other premium SUVs. But is it any good? Freda Lewis-Stempel drives it to find out.
Advocacy group Nugget Savings said it had been notified of errors by more than 200 women. It remains unclear how widespread the issue is.
The gold price has topped $3,000 for the first time as US president Donald Trump's tariff threats send investors fleeing to safe havens.
The cash Isa battle is heating up again this week with several providers hiking their rates. Trading 212 has increased its cash Isa rate to 5.02 per cent.
The annual reset of Isa allowances on 6 April makes this an opportune time to review and refresh your investments.
In terms of different EV models, numbers have grown from 37 in 2020 to a whopping 132 options by the end of 2024. It means a third of new car variants are now battery powered.
It is offering new and existing customers £150 if they switch their current account to its reward account, which comes with perks including a generous rate.
Through his Jisa, he's not just saving for the future, he's learning valuable lessons about patience, risk and long-term thinking.
I spotted an email that read, 'Congratulations: You are a winner'. I thought it was a £10 win, but when I checked the app it said I had won a prize of £10,000 given monthly for 30 years.
The easy access Isa includes a 1.21% bonus rate fixed for three months, meaning that the rate will eventually drop down to 3.8% once the bonus period is up.
Longbow's starting price of £64,995 is less than half what the new Tesla Roadster will cost as Elon Musk's former employees look to steal a march on the US firm's electric sports car.
Here's how to check if your Isa stacks up, based on the average for your age group and emergency fund needs.
Last year, Scottish Widows launched gamification features within its apps in a bid to boost better connect people with their finances.
Amazon told me the cards, which I received as a bonus from work, were revoked because they had been 'reported lost or stolen by the purchaser.'
Our job is to protect cash for as long as people need it, but it's important we don't simply protect cash for cash's sake, says Link CEO John Howells.
The trial is expected to be rolled out across HMRC over the rest of the year, and the tax office is also looking at generative AI to point taxpayers to online advice.
More than 70,000 Jisa accounts had been maxed out in 2022-23 - up from 49,000 in 2021-22 - FOI data obtained by wealth manager RBC Brewin Dolphin reveals.
Choosing the right investing platform is crucial but a wealth of choice can leave investors scratching their heads. We pick some of the best.
HMRC statistics show there was a marked increase in the number of taxpayers across the board between 2021/22 and 2022/23.
The value of withdrawals has dropped in every area of the country since the 2020 - but some areas are ditching cash at a much faster rate than others.
HMRC will no longer ask hundreds of thousands of people with side hustles to file a tax return under new plans unveiled this week.
Individual savings accounts have been a prized tool for savvy savers for the past 26 years - and cash Isas are more valuable than ever.
If I ask you to do one thing this week it's to check on the interest rate of your savings account to make sure it is still fit for purpose.
Should I leave it to them in my will and pay inheritance tax; sell it now and give them the money, but pay capital gains tax; or leave it in a trust?
Bed & Isa activity has coolled off since the big capital gains tax changes last year, but it is still a effective way to shield investments from tax, say experts.
The £50 payments linked to the Virgin Money acquisition will be made next month from 9 April, Nationwide said.
Since Tony Blair came to power, we have seen a radical redefinition of what it means to be a higher earner and a massive stealth tax raid.
A meagre two per cent of people in the UK earn above £100,000, according to the ONS. But here, solicitor Kate Flounders explains why her six-figure salary leaves her wanting more...
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.
TPS send me a letter every year asking if my circumstances have changed. If they do then I will stop receiving my widow's pension.
The lowest fixed rate mortgages have dipped below 4 per cent for the first time in months, as the battle over rates steps up a gear.
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
There were 1.1m residential property transactions, with an average sale price of £343,922.
Rightmove has estimated that 74,000 moves, which includes 25,000 first-time buyers , will just miss the 31 March deadline and complete in April instead.
Suzanne came to me for financial therapy because, despite having what most people would consider a successful life, she would stay up at night worrying, 'What if it all disappears?'
Donald Trump loves shock and awe. When he proposed emptying Gaza of its population to create a new Riviera on the Med the world was aghast.
The Vehicle Restraint Manufacturers Association says the metal fences that line roads and bridges are designed to 1998 standards, and capable of stopping only traditional petrol or diesel cars.
Fuel prices have not been so low since before the Russian invasion of Ukraine, which sparked a huge rise due to concerns about disruption to supplies as well as sanctions on Russia.
The FTSE 250 firm said the latest bid of £1.14billion 'significantly undervalued the company and its future prospects'.
The comments came after figures showed the economy shrank by 0.1 per cent in January as business reeled from the £40billion of tax hikes announced in the Budget.
As new Renault 5 hatchbacks have begun rolling off the ship into Britain, I managed to grab one of the very first imported batch for a test on UK roads.
Shein, which was set up in China and is based in Singapore, is known to have been in talks about an initial public offering in London for months.
Getting your savings into shape needn't be a faff. Get a cup of tea, sit down and use these simple steps to get it done on your lunch break.
Central Asia's biggest airline, which listed on the London Stock Exchange in 2024, is recommending $25.2million in special dividend payouts and $13million in ordinary dividends for investors.
Shares in Hornby were shunted into the siding after the model railway maker announced plans to pack up its tracks and depart AIM.
Numerous reforms have been introduced over the past few years to make buildings safer following the Grenfell Tower disaster in 2017.
Simoes (pictured) made the remarks as City firms are being urged to back the sector amid threats to UK and European security intensifying.
The state now owns just 4.82% of the lender and wants to reduce the holding to zero by July. NatWest rose 0.7%, or 43p, to 433.6p.
The drinks manufacturer expects to report underlying earnings before interest and taxes of between €76million and €78million for the 12 months ending February.
Chancellor Rachel Reeves (pictured) was considering reducing how much can be saved - possibly from £20,000 a year to just £4,000.
Posting his first set of results since taking over as chairman in September, Jason Tarry (pictured) said shoppers are 'responding well' to an overhaul.
Figures from Hargreaves Lansdown have illustrated the sharp change in sentiment as the 'Trump bump' turns into the 'Trump slump'.
The model train maker, , which is in the middle of a major transformation, will cancel its listing on the junior AIM market and become a private firm.
Pressure is building on BP chief exec Murray Auchincloss (pictured) following reports that Elliott was disappointed with his new strategy.
There are retailers we really want to succeed. Marks & Spencer, John Lewis, and Boots are in this category as legacy firms with heritage.
US-owned Ford is axing thousands of jobs in Europe, including 2,100 in the UK, where it is led by UK boss Lisa Brankin (pictured).
Shares in the FTSE 250 company tumbled 11.4 per cent to 278p by late Thursday morning, meaning they have lost a third of their value this year.
Rachel Reeves had discussed making changes or even scrapping cash Isas to push more savers into investing to boost UK markets and the economy.
The London-based firm recorded a £3m profit in 2024, compared to a £32m loss the previous year, as well as positive free cash flow of £86m.
Speeding fines have surged 14% since 2022, an FOI from Confused has found, as AI cameras catch almost 2,400 drivers in four years.
Auto Express examined which car brands have the most complex infotainment systems. The test ranked the screens based on how distracting they can be.
The Financial Conduct Authority scrapped a shake-up of its enforcement policy after 'considerable concerns' had been raised.
Christine Lagarde (pictured) said it was 'impossible' to guarantee that policymakers would meet a 2% inflation target in the short term.
Porsche - where tennis star Emma Raducanu (pictured) is a global ambassador - said its profit margin this year would be between 10 and 12%.
Puma, which sells a range of trainers designed by pop star Dua Lipa (pictured), said first-quarter sales growth would be below last year's level.
Demand has slumped partly due to 'international economic uncertainties', according to a report from the Royal Institution of Chartered Surveyors.
Cleland (pictured in the Bank of England vaults) was previously the first woman to be appointed to this role, which she held between 2014 and 2018.
Ivanka Trump (pictured) has been a star attraction on women's issues at the World Bank's meetings and was even touted, by her father, as a future president.
The FTSE 250 company, which sells items such as books, bags and lanyards, saw its shares plunge by 19 per cent in early trading before somewhat rebounding to be 13.3 per cent lower.
The Zara and Massimo Dutti owner saw its turnover increase by 4 per cent between the start of February and 10 March, compared to 11 per cent growth during the same period last year.
Exeter University's Global Systems Institute department said interest in EVs has become more 'sticky', as drivers spend increased amounts of time hunting for pre-owned battery cars.
Awful April is just weeks away and households are bracing themselves for huge increases in their bills. We explain why prices are rising and how you can cut your bill.
I suffered a sudden cardiac arrest whilst on holiday in the US last year. When I went to make a claim on my travel insurance, it was declined.
Caroline Robinson, a lawyer at Bindmans working on the Waspi case believes it has a real chance of succeeding in a judicial review.
The infrastructure giant, which helped build the Channel Tunnel and London Aquatics Centre, plans to repurchase £125million of its shares in 2025.
The Blue Light Card, which offers discounts to emergency workers, has since expanded to include other professions, including education.
The financial services giant reaffirmed its commitment to return more than £5bn to shareholders within three years.
Only a third of the 114 areas identified by the Department for Transport have met the aim of having six ultra-rapid charge points.
My father has a fence at the end of his garden. There's a new neighbour who lives on the other side of it who wants to remove trees and hedges.
The car company is sticking with its time-honoured tradition of hand-forming this over a wooden ash frame.
Debenhams, modelled by TV presenter Hannah Cooper-Dommett (pictured) was bought out of administration by Boohoo in 2021.
The UK steel sector has been hammered by high energy costs and a flood of cheap Chinese imports, resulting in thousands of job cuts.
US president Donald Trump (pictured) said he would double tariffs on Canadian steel and aluminium from 25% to 50% from today.
The FTSE 250 group said sales rose just 0.7% in the first ten weeks of 2025 having been up 3% in the final quarter of 2024. The firm remained upbeat.
The York-based firm, which revealed that profits for last year beat analyst expectations, said its forward order book had soared by £250m.
Revenue at the Danish company soared 13% to £8.4bn driven by strong demand in the Americas, Europe and the Middle East.
Unpredictability is too mild a word to describe Donald Trump's actions since he arrived in the Oval Office just under two months ago.
London-based McGill and Partners has launched an AI powered facility that will enable Ukrainian firms to obtain cover against the risk of war damage.
Jes Staley (pictured) was giving evidence at London's Upper Tribunal as he seeks to overturn a finance industry ban and £1.8m fine.
TP ICAP, the world's largest inter-dealer broker hopes to float a minority stake in its Parameta Solutions arm by the end of June.
Some 53% of parents will happily accommodate grown-up offspring as swathes of young adults return to childhood bedrooms.
Looking for a new home? Whether a smart urban pad, rural retreat or luxury retirement development, it is vital not to let the heart rule the head.
John Rodger, 88, was holidaying on the Mediterranean island of Gozo when his house in rural Norfolk burnt down.
In recent days, the US stock market has been seriously rattled by the antics of gunslinger Donald Trump and his America-first approach.
The digital currency has fallen by more than a quarter in value since a high of $106,000 in January, even in spite of a jump to $90,000 last week.
The Trump bump has become the Trump slump. Stock markets worldwide are in turmoil, leaving investors bemused and anxious about their Isas and pensions.
The Bridgend-based firm, which rents out vehicles to film and television productions, blamed the downturn on tight production budgets.
Pension freedoms allowed retirees to take control of their own pension savings. Markets were kind to those who kept them invested since 2015, says Ed Monk of Fidelity.
In another setback for the Chancellor (pictured), the British Retail Consortium said chains will be 'left with little choice' but to slash investment.
Volvo is looking to a future without estate cars, turning its back on what has become a 'niche' body shape that dates back 70 years in the Swedish company's heritage.
The Scottish media company revealed its operating profits soared by 106 per cent to £13.2million in 2024, while its total profits increased by 147 per cent to £13.1million.
The amount of new money being handed by banks to home buyers and owners is rising as borrowers adjust to the 'new normal' of higher interest rates.
Domino's Pizza Group enjoyed higher sales and earnings last year despite its revenue slightly declining.
Boohoo shares fell on Tuesday after the group revealed it will be rebranding itself and changing its name to Debenhams Group.
As global markets tumbled on fears that Donald Trump's trade wars will fuel inflation and tip the US into recession, shares in Tesla fell 14%.
Pressure is building on Murray Auchincloss (pictured) following reports that activist investor Elliott was disappointed with his strategy.
Mark Carney (pictured) has achieved his goal of being prime minister of Canada, although he will have to fight a general election later this year.
Worries over Donald Trump's tariffs have created an opportunity to buy into Asia's growth story at a discount.
When the bubble burst, the Nasdaq lost more than 75% of its gain on the back of profit taking and plummeting investor sentiment.
The board of the London-listed real estate investment trust said it would be 'minded' to accept the latest proposal from KKR.
US private equity group Bain Capital made a 390p-a-share offer worth £1.1bn for the British explosives maker last month, but it was knocked back.
Clarkson, led by chief exec Andi Case (pictured) also reported a 6% rise in profits to £115.3m for 2024 and raised its dividend for a 22nd year in a row.
I made some truly awful financial mistakes when I was in my 20s. I can't sleep for worrying about how much money I lost. How can I stop my money anxiety?
Pete Redfern joined the building materials supplier last September to replace Nick Roberts, whose departure followed a more challenging period for the firm.
Claimants of this benefit have until next month to apply for Universal Credit - or risk missing out on payments.
If you're looking to add to your Isa ahead of 5 April and are stuck for inspiration, these are the most popular stocks and funds among DIY investors.
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