News

Accounting giant KPMG axes hundreds of jobs as it grapples to slash costs

Today

Some 590 roles 'at risk' in the firm's audit division include 440 assistant managers, staff were told on a call late last week, according to the Financial Times.

Debenhams upgrades profits forecast in sign turnaround is gathering pace

Today

The online retailer, where Sex and the City star Kim Cattrall, pictured, fronts a fashion campaign, changed its name from Boohoo last year.

IMF warns UK faces gas shock just like 2022 as gilts suffer worst month since Liz Truss's disastrous mini-Budget

Today

As oil prices surged again, the IMF said in a blog post that in Europe the impact of the Iran war was 'reviving the spectre of the 2021-22 gas crisis'.

Digital tax timebomb set to rock British exports after the collapse of global trade talks

Today

Firms could eventually have to pay duties to send goods and services electronically overseas after a WTO meeting broke up over the weekend.

Mounjaro fat jab maker Eli Lilly calls for NHS price hikes in return for resuming investment in the UK

Today

Patrik Jonsson, president of the US pharmaceutical giant's international businesses, said that it has been in talks with UK ministers.

Motoring towards payouts for the car finance scandal - but have any lessons been learned? ALEX BRUMMER

Today

There will hardly be much cause for celebration at Lloyds, Close Brothers and other motor industry lenders caught up in the car finance scandal.

Church of England investment chief steps down after less than a year in blow to new Archbishop of Canterbury

Today

John Worth's departure as chief exec of the Church Commissioners for England is a blow to new Archbishop of Canterbury Sarah Mulally (pictured).

Millions of drivers will get an average of £829 payouts in car finance compensation

Today

The Financial Conduct Authority said 12million deals would be subject to the payouts as it revealed final details of the multi-billion pound scheme.

British steel furnaces left stranded in China as shipping costs soar

Today

Delivery of one of the world's largest electric arc furnaces has been delayed by the Iran war.

UK 'especially exposed' to 2022 style gas shock, IMF warns - as gilts head for worst month since Truss

Today

The International Monetary Fund (IMF) has warned that Britain's economy is especially exposed to an energy shock similar to that experienced in 2022 as turmoil in the Middle East deepens.

Plan to fix state pension child benefit mess pushed back: Mums must wait until 2027 to apply for lost NI credits

Today

Delay dubbed 'deeply frustrating' by former Pensions Minister Steve Webb, who campaigned with This is Money to stop mums losing out on state pension.

MURRAY INCOME TRUST: New managers stick with winning formula

Today

The Artemis team, comprising managers Andy Marsh, Nick Shenton, and Adrian Frost, comes with a bucketload of experience in the UK stock market.

The simple hacks that can turbocharge your state pension by an extra £10,000 a year for life

Today

While Geoff Exton travelled the world for his job as a power station engineer, he never paid much attention to his future state pension.

Nissan angers drivers by deactivating EV app leaving tens of thousands of Leaf owners fearing their cars will become redundant

Today

Drivers of pre-2019 EVs will not be able to remotely control battery charging, pre-heating functions, and some map functions in a major blow.

Iran conflict fires up demand for new generation of remote-controlled weaponry

Today

Since war erupted in Iran, Jon Parker, the boss of British drone maker Flyby, has rarely enjoyed a quiet moment.

Landlord mortgage rates soar to highest level in two years... and renters could bear the brunt

Today

The typical five-year fixed rate buy-to-let mortgage has risen sharply since the conflict in Iran began, according to rates scrutineer Moneyfacts.

The best cash Isas for TRANSFERS - how to earn a top rate on your existing pot

Today

New cash Isa deals are arriving thick and fast ahead of tax-year end, but the top rates won't always be available to those who want to transfer.

This is what I wish I'd known before abandoning my family home and downsizing

Today

When Graeme Eadie decided to downsize from a four-bedroom Georgian townhouse, he looked forward to a simpler life in a more manageable two-bedroom flat.

The increased state pension is arriving soon: How much will YOURS rise by?

Today

The annual rise will not kick in all at once for everyone The headline state pension rates will be hiked by 4.8 per cent under the 'triple lock'.

War in Middle East is putting Britons off moving home as buyer demand drops

Today

Zoopla has warned that if mortgage rates keep rising, this could lead to a sales slump.

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