Jeremy Cox, head of strategy at Coventry Building Society, said: “We’re moving away from a fair and straightforward Isa system, where all adults can save or invest up to £20,000…
Business
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The FTSE 100 closed down 9.00 points, 0.1%, at 10,428.85.
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Business
HMRC faced £59.2bn shortfall from unpaid taxes in 2024-25, figures show
by News Roomby News RoomThe tax gap was estimated to be 6.4% in the 2024-25 tax year, higher than the year before.
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Business
Royal Mail increases annual earnings despite staff cost pressures
by News Roomby News RoomIDS – bought last year by Czech billionaire Daniel Kretinsky – said Royal Mail saw underlying earnings jump to £5 million in the year to March 31, up from £2…
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Business
Scotland’s foreign investment attractiveness at record levels, study finds
by News Roomby News Room“While global macroeconomic pressures, geopolitical uncertainty and energy costs continue to weigh on investment decisions, the survey decisively concludes that Scotland’s fundamentals remain strong: a deep talent base, competitive cities,…
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Business
Major high street bank launches savings account paying 8% interest
by News Roomby News RoomThe regular saver account is available to all Santander current account customers.
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Sir Keir anticipates there will be a new Prime Minister in office before parliament returns in September, with Mr Burnham widely considered the frontrunner to take over. Some of the…
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The FTSE 100 closed up 74.58 points, or 0.7%, at 10,437.85.
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The organisation said issues linked to surveys being used to inform data will lead to a ‘reduced quality’ in its statistics released in July.
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Business
Santander UK owner reveals plans to cut costs by over £430m under AI strategy
by News Roomby News RoomBanco Santander is targeting more than one billion euros (£860 billion) in extra revenues and cost savings from AI between 2026 and 2028