News

Bank of England set to leave interest rates on hold today - but investors bet on four hikes by end of 2027

Today

The Bank of England looks set to leave interest rates on hold today despite inflation hitting a five-month high.

Vote of confidence in British car industry as Nissan and McLaren announce £700m investment boost

Today

The British car industry has been handed a double boost as Nissan and McLaren announced close to £700million of fresh investment.

Barratt Redrow chief brands plans for fake chimneys on new homes a 'ridiculous waste of money'

Yesterday

The boss of Britain's biggest housebuilder has branded local council demands for fake chimneys on new homes a 'ridiculous' waste of money.

Fed defies Trump with US rate hike: Central bank chief Kevin Warsh pulls trigger in first increase for three years

Yesterday

Kevin Warsh (pictured), who was hand-picked by Trump as Fed chief - said the central bank had acted to remove 'a dose of accommodation' from the economy.

Fed points the way on rates, now UK must follow suit before cost of living gets out of control, says ALEX BRUMMER

Yesterday

Despite pressure from Donald Trump, Fed chief Kevin Warsh has presided over a quarter of a percentage point rise to a range between 3.75% and 4%.

Wickes boss tells Andy Burnham to make it easier to hire young people again as it plans new stores

Yesterday

David Wood, the chief executive of the DIY retailer, has echoed calls from other retailers for Andy Burnham to ease the costs associated with part-time and entry-level roles.

Investors bet on five rate hikes but economists disagree. Who is right?

Yesterday

As fears mount of a fresh energy price shock this winter, investors are betting that rates will jump from the current rate of 3.75 per cent to 5 per cent by November next year.

Burnham warned fresh Budget tax raid on gambling will cost 16,000 jobs as Ladbrokes owner sheds another 400 staff

Yesterday

Andy Burnham has been warned a fresh attack on gambling could cost nearly 16,000 jobs as the owner of Ladbrokes axed another 400 staff following the last tax raid.

Fresh boost for Nissan's Sunderland factory: New Kicks model to be built at UK plant and secure thousands of jobs

Yesterday

The Nissan Kicks hybrid is a new model for Europe that brings £170million of investment to the Japanese carmaker's British production home in the North East.

Best cash Isa rates: Our pick of the five top deals

Yesterday

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.

Husband, 94, forced to pay £8,000 a month for his wife's Alzheimer's nursing care - after NHS funding was denied despite her 'severe' needs

Yesterday

Terry Mahoney, 94, from St Albans, must pay £8,000 each month for his wife Barbara's nursing home. Their daughter Tracey Hart told This is Money of the toll it's taking on the family.

Morrisons delivers strongest sales growth for a year as World Cup boosts business

Yesterday

Morrisons delivered its strongest sales growth for a year as the World Cup helped to bring shoppers through its doors.

Investing in VCTs: How high earners can save up to £40k income tax

Yesterday

For income-seekers, venture capital trusts can provide a rich seam of tax-free dividends to complement income from other sources such as pensions and Isas.

Why you're missing out on your best retirement: Experts reveal how to treat yourself without running out of money

Yesterday

You've saved hard for decades, funnelled away every spare pound, and now it's finally time to put your feet up for a well-earned retirement...

Angela Rayner's planning reforms are not enough, says Britain's biggest housebuilder, as tax hikes bite

Yesterday

Barratt Redrow said it expected higher mortgage rates and affordability pressures to continue to impact customer confidence in the housing market in the year ahead.

Flat prices in London continue to fall with £71,000 shaved off the typical value in four years

Yesterday

The London flat market continues to suffer with inner city apartments now £71,000 cheaper than they were four years ago, official data shows.

Volkswagen's most powerful GTI ever... but it's electric: VW ID.3 GTI is a 322bhp hot hatch

Yesterday

The ID.3 GTI will also be one of the quickest VW hot hatches. It can accelerate from 0-62mph in 5.6 seconds, which is 0.3 quicker than the petrol Golf GTI.

Women face AI 'triple penalty' as jobs wiped out and men dominate growing tech roles

Yesterday

Women face a 'triple penalty' from the rise of artificial intelligence (AI) as many of their jobs are wiped out while men dominate roles created by the new technology.

'A socialist government with better TikTok videos!' Andy Haldane savages Burnham and calls for spending cuts to calm bond market chaos

Yesterday

The former chief economist at the Bank of England has warned Andy Burnham he is running what looks like 'a traditional tax and spend socialist government with better TikTok videos'.

Mike Ashley tightens grip on Hugo Boss as son-in-law and Frasers boss is made chairman

Yesterday

Frasers, owned by billionaire Mike Ashley, has tightened its grip on Hugo Boss in recent months. Murray takes over just days after former chairman Stephan Sturm stepped down.

The latest news