
The OBR revealed that servicing the national debt will cost taxpayers around £30bn more than previously forecast by 2030.
Rachel Reeves announced an extra £2.2bn for defence in her Budget as governments across Europe ramp military spending.
The value of a typical home hit £269,000 in January, up 4.9% on a year earlier, according to the Office for National Statistics.
BP Chairman Helge Lund and chief exec Murray Auchincloss (pictured) have come under pressure from investors over BP's poor performance.
Away from the political rhetoric, layered on with a trowel in her Spring Statement, the Chancellor offered the nation two routes to growth.
The group saw annual profits fall by 64% to £104.9m as it took a £91mi hit from forecasting errors in its Southern business.
City grandee Rupert Soames (pictured), who is chairman of the business lobby group, said Labour's policies have 'irritated' employers.
We knew public finances were in a bad way. Just how bad was laid bare in official forecasts that accompanied the dismal Spring Statement.
According to the latest OBR forecast, income from the tax is forecast to rise each year from £4.4bn in 2025-26 to £5.1bn in 2029-30.
There will be no stamp duty reprieve for homebuyers after the Chancellor made no u-turn during today's Spring Statement in parliament.
The Treasury said reforms will aim to 'get the balance right between cash and equities to earn better returns for savers and boost the culture of retail investment.'
Since the 2020 financial year, the London-based firm has listed on the London Stock Exchange, stayed debt-free, and seen its annual sales climb by 45%.
NS&I has revealed a bumper net financing target of £12bn, which means it is looking to rake in more saver cash than the year before.
One trades expert says 225,000 extra workers are needed, and Labour's plan to train 60,000 'barely makes a dent.'
DSG helps look after the British Army's military vehicles and equipment, such as its quad bikes, artillery guns, and main battle tanks.
The headline and core rate of inflation have both fallen. What does this mean for your finances and where does it leave the Bank of England on rate hikes?
A raid on inherited pensions from 2027, on top of frozen thresholds and higher property values, is going to force better off families to hand over more of their wealth.
Fresh forecasts on the outlook for the British economy were published on Wednesday alongside Chancellor Rachel Reeves' Spring Statement.
In her first spring statement , the Chancellor said there would be no tax increases for ordinary people but instead she'd go after tax dodgers to raise revenue of around £7.5billion.
Rachel Reeves announced plans to increase late payment penalties for VAT and income tax self-assessment taxpayers.
Nissan will reintroduce the Micra name as a pure EV later this year, shortly followed by a third-generation Leaf. And a new battery-powered Juke is coming in 2026.
Our tax calculator below shows you the rate of tax you pay, how close you are to the next bracket, and what your marginal rate and average rate are.
Morrisons has boosted medium term savings target to £1billion as the supermarket faces growing costs and the lingering impact of a major cyber security incident.
Motorists who leave renewing their insurance to the last minute are paying £164 more, on average, than those who renew 26 days earlier, data shows.
Not so long ago, if you had a six-figure salary or a million pounds in the bank, you'd be laughing. But an investigation by Money Mail finds that in Britain today, £100,000 would barely touch the sides.
Cuts to the price of staples at the checkout are good news for shoppers, but it isn't such good news for Asda's competitors - and share prices have been rocked.
Ofgem announced the price cap will increase 6.4% from £1,738 to £1,849 for an average dual-fuel household on 1 April.
The average yearly distance driven in EVs in Britain is now 8,740 miles, which is 444 miles further than petrol cars, new analysis shows.
Welcome to the This is Money Motoring Club, our new service designed to help you save money on car ownership and keep on top of driving essentials.
The booming property market of the north marks a strong contrast to what's happening to prices in the south, according to the latest official data.
Natwest has gained a whopping 100 per cent in the past year, Standard Chartered is up 95 per cent and Barclays has risen 79 per cent.
There are plenty of new accounts with rate increases popping up, but many of these now come with a bonus - which only lasts three months.
My wife and I took our dog for a weekend at a 'dog-friendly' boutique hotel. It was nothing of the sort! We couldn't take our labrador into the restaurant.
This time last year I found myself in a financial bind. I'm 65 and work as a GP in Manchester. I'd had an unexpectedly high tax bill of £30,000.
I am selling a property in Spain that I have owned for a number of years. The funds of will go into my Spanish bank account, should I move them to the UK?
Like thousands of parents across the UK, I'm about to hand a reasonably large amount of money to my nearly-18-year-old. Now I must cross my fingers and hope she's ready to manage it herself.
I run a charity providing equine therapy for people with disabilities, who've experienced trauma and other additional needs.
As Rachel Reeves launches into her latest fiscal update today, she may find solace in the adage that 'the darkest hour is just before dawn'.
It is the latest in a recent string of more affordable small EVs to enter the market in recent months as car makers look to broaden the appeal of electric motoring to wider audiences.
The second-generation of the best-selling MG4 has been revealed. But despite being Britain's best-selling affordable EV for two years, drivers in the UK won't be able to get one.
The property market is being swamped with listings, according to the latest house price data from Zoopla.
Gold prices have climbed to fresh record highs during recent years of geopolitical upheaval, as investors have embraced the 'safe haven' asset.
The group, which includes former trader Gary Stevenson, Green Party leader Carla Denyer, and Dale Vince, are calling on the Government to raise taxes on the super-rich.
If you are saving in cash for something you aren't going to buy or start spending on in the next five years, you should consider investing. Here's how to start...
Venturing into China will be hazardous since history is not necessarily a guide to how China will fare in this trade war.
As we are first-time buyers, if we fail to complete in time we will see out stamp duty bill rise from £4,750 to £16,000. That's a £11,250 increase.
The 2010 Defender 90 Hardtop was originally supplied to his Royal Highness and the Duchess of Cornwall by Jaguar Land Rover Special Vehicles division 15 years ago.
This is Money explains what tariffs are, how they work and are implemented and how they could affect the cost of living, savings, investments and pensions for people in Britain.
Drivers wanting small petrol cars ideal for nipping around town and parking in tight spaces now have extremely limited options in showrooms.
Three quarters of local authorities in England and Wales look set to introduce a 100% council tax premium on second homes from 1 April.
If you save in a cash Isa rather than a normal savings account, your interest isn't taxed - and that translates into more money for you.
Rachel Reeves could lump further tax misery on landlords this week by once again raising the stamp duty surcharge on second home buyers.
For the calm-headed there are still ways of building and preserving wealth. Hold down your taxes and buy things that will preserve value. Not easy, but got to be done.
In 2021, I bought one gold coin for £1,359. Last year I invested £11,364 in four more. The firm then said my £11,364 had grown to £12,115. But when I went to sell, they offered me £11,595 for all five!
When picking everything from a haircut to a hemline, your choice will often be influenced by what is 'age appropriate' - and the investments you hold in your stocks and shares Isa are the same.
Since April last year savers have been able to open an unlimited number of Isas. You can even hold multiple versions of the same type with the same provider.
Suspecting or discovering financial abuse of an elderly person is always a serious matter, but it can be especially painful if the perpetrator is a family member.
British households - both renters and homeowners - spent a record £217billion on housing costs last year - £8.6billion more than the previous peak in 2016
Like thousands of other civil servants, retired and employed, I have received an offer from the Civil Service Pension Scheme - and my decision is permanent.
Dividends matter and British firms have a strong track record of paying them. The top ten provide annual income that far exceeds saving accounts...
Rachel Reeves is due to deliver her Spring Statement this week and it's probably safe to say this isn't the position she wanted to be in.
It is nearly six years since Neil Woodford's investment empire began to crumble when dealings in the flagship Woodford Equity Income Fund (WEIF) were abruptly suspended.
Christopher Dehn, pictured, who handed over huge sum to Government months ago says he feels let down by the 'chaotic' system.
Utilico EM's Charles Jillings joins Simon Lambert to discuss everything from EVs in China, to rail lines in Brazil and Argentina's nascent economic recovery.
We explain changes to the state pension age, so you can find out when you will be allowed to retire
Choosing the right investing platform is crucial but a wealth of choice can leave investors scratching their heads. We pick some of the best.
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.
The lowest fixed rate mortgage deals continue to hover close to the 4 per cent mark.
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
The RAC said that despite the Government's 'focus on improving public transport' the research proves that the car 'remains central to so many people's lives'.
MAILONLINE BLOG: Recap from the Spring Statement as Chancellor Rachel Reeves provided an update on the state of Britain's economy and public finances.
Inflation eased by slightly more than expected in February, while the FTSE edged up.
There has been a worrying rise in dodgy mechanics selling ghost MOTs on social media - and an equally concerning increase in drivers searching for their services.
The Financial Conduct Authority warned in September that action against Neil Woodford may not be resolved until 2026 or later.
The Chancellor's car tax sting on EVs from 1 April will have major cost implications for buyers of new battery cars costing over £40k. Here's six of the best options below that price point.
It is going to be bad, very bad. But it could be worse, a lot worse. In tomorrow's Spring Statement, Rachel Reeves will be forced to plug a £15billion gap in the public finances.
GSK, led by boss Emma Walmsley (pictured), is using the data of 1.4m adults aged 65 and 66 to examine the impact of its Shingrix shot.
The bosses of the Co-operative Group and B&Q owner Kingfisher urged the Chancellor not to penalise the industry with increases to the property levy.
Rachel Reeves will deliver her inaugural spring statement on Wednesday and give up an update on the country's finances.
The engineering group, which makes airport baggage-screening kits and explosive detectors, has been urged to explore a move to New York.
The oil giant has handed Wael Sawan (pictured) £16.5m since he took the job two years ago and the total could nearly double to £31.5m this year.
Accounting giant PwC has been hit with a £4.5m fine for 'serious failings' in its audit of a bank owned by steel tycoon Sanjeev Gupta (pictured).
Irn-Bru producer AG Barr saw record turnover last year, partly thanks to sales of Scotland's favourite soft drink seeing double-digit percentage growth in England.
Drop-top Aston Martins have proved a favourite with both the world's most famous fictional secret agent, and the monarch he now serves 'On His Majesty's Secret Service'.
The carbonated mixer maker now expects to return up to £100m to shareholders during 2025, having announced a £71m share buyback in February.
The decline represents a headache for Chancellor Rachel Reeves (pictured) as she prepares to face downgraded economic forecasts.
Britain's seven biggest banks and building societies will be subjected to a hypothetical scenario in which global tensions lead to trade fragmenting.
23andMe, founded by Anne Wojcicki (pictured with ex-husband Sergey Brin) is thought to have sold more than 250,000 kits in Britain.
Flying to Israel and back last week, I realised that inadvertently my El Al flights had been booked via Luton, rather than Heathrow.
Elliott Associates said that the FCA's decision last week to fine the exchange nearly £10m over its handling of the scandal 'vindicated' its position.
Sir Martin Sorrell's advertising agency S4 Capital's stock jumped 5.6%, or 1.86p, to 34.82p after it said it will pay investors 1p per share.
BYD, which has been dubbed 'the Tesla killer' and is expanding in Europe after dominating its home market, saw revenue jump 29% last year.
Chief executive Allison Kirkby (pictured) is understood to oppose the decision to sideline the brand by Marc Allera, the outgoing head of BT's consumer division.
Its electric cars have driven in from China - and now this company is being dubbed 'the Tesla killer'. Shares in BYD have accelerated to a record high and are up 52 per cent this year.
We've all heard worrying stories about investors who have lost fortunes through cryptocurrencies, either by having it stolen or by investing in fraudulent schemes.
The pumped-up version of the firm's first all-electric fastback costs from £320k and boasts new Spitfire-inspired features. Here's what it feels like from the pilot's seat...
Titanium's durability and resistance to the elements mean that premium paints are long lasting, chemically stable and generally avoid becoming discoloured over time.
There is one simple mission: to generate stellar capital returns for its investors by taking long-term stakes in some of the world's strongest companies.
Taking on power of attorney for someone else is a very responsible role, and sadly things can go wrong if those chosen turn out to be untrustworthy.
For a family with two children, the benefit is worth up to £2,212 per year, while if you have three children, it could be worth up to £3,094.
S4 Capital's revenues shrank again last year amid continued economic uncertainty and weaker spending from the ad group's technology businesses.
Buyers now have just ten days until 1 April, when the nil-rate threshold, under which no stamp duty is paid, drops from £250,000 to £125,000.
Dubai-based Sidara has been given extra time to negotiate a potential takeover of North Sea engineer Wood Group.
However, it would send out a very strong message, not only to domestic investors but to the world, that the UK is the place to invest.
Accountant UHY Hacker Young says 27 firms on the AIM have been bought in deals worth £7.8billion.
The company, which maintains Britain's fleet of nuclear submarines, will be promoted from the FTSE 250. The share price rise means it is now valued at almost £3.7billion.
Caffe Nero has gone from a start-up to the largest independent coffee house chain in Europe, with 1,100 stores in 11 countries, including 700 in the UK.
A panel of five Supreme Court justices will hear his case after the Court of Appeal upheld his conviction in March last year.
Rachel Reeves is attempting to balance the books - and more tax rises are in the pipeline if the economy continues to flatline, City experts predict.
HSBC is under growing pressure to explain its refusal to pay out the savings owed to people who fled Hong Kong to escape a crackdown by the authorities in Beijing.
One in seven young people is now NEET, concentrated in the very communities that have been left behind for decades.
A crucial deadline to fill gaps in state pension records and boost your payments is looming on 5 April. Here's how you can still take advantage...
Nieper believes he has a formula that would help end the scourge of NEETS - that's young people Not in Education, Employment or Training.
In what is believed to be one the biggest pay cuts of its kind, Vecchioli got by last year on just £615,000 after a lucrative but controversial bonus scheme paid out nothing.
This compact family hatchback is the fourth generation Jazz since the original was launched in 1983, with the current model from 2020 enjoying a refresh in 2023.
Limping on, in a low- or no-growth world of deteriorating public services, will not be an option.
The company said sales hit £4.5billion in the three months to the end of February.
Tim Martin said the company is facing a £60m-a-year hit from hikes to National Insurance and the minimum wage next month.
There are over 3.2 million cars and vans on the road that should of been recalled and fixed between 2018 - 2023 but dealers have failed to keep track of customers and warn them.
Boss Allan Leighton slashed the cost of 1,500 items by as much as 45 per cent. He said he planned to 'continue to invest in lowering prices across the rest of the year and beyond'.
Whether you're saving for the holiday of a lifetime or a retirement that's still decades off, Isas are an ideal place to build up a nest egg.
Motorists are often infuriated by incessant warning bongs from these system or feel too uncomfortable relinquishing control - and their safety - to tech in their cars.
The feature, which was automatically activated on all compatible phones on the O2 network, aims to warn customers of potentially fraudulent calls before they answer.
More than half of those switching have shifted their money to one-year fixed rate accounts, while 29 per cent have picked two-year fixed rate deals.
Inheritance tax receipts hit a new record for the fourth year in a row, with experts predicting the figures will only rise further in the coming years.
The closure of Heathrow today has caused mayhem, with 1,350 flights to and from the airport being cancelled. Here I answer the key questions Mail readers have been asking me.
Once royalty of the AIM market, with a valuation that once put it on the cusp of the FTSE 100, ASOS's fall from grace has been rapid-and well documented.
Asos shares were enjoying a second consecutive day of double-digit gains on Friday morning as the beleaguered fast fashion retailer lifted profit expectations.
There is something very unsettling about the figures suggesting the nation's grandmas are being forced to abandon their dreams of putting their feet up.
JD Wetherspoons profits fell in the first half as solid sales growth failed to offset the pub group's growing costs.
Hard-hit motorists are having to pay £617 on average on unexpected car repairs each year, new RAC research shows, with many struggling to afford this.
Investment funds are required to publish quarterly fund performance reports, which investors can use to assess the performance of their investments.
I have got £4,000 of credit card debt. I checked my credit rating and it is decent but will my debt stop me getting a mortgage?
We look at how Jisas work, and how much you'd have to put away each month to meet specific goals.
The Bank pointed to the turmoil sparked by US trade tariffs as well as subdued activity in the UK where businesses have been hammered by tax hikes.
I have been paying premiums to Domestic & General Insurance for many years to cover seven appliances, adding up to nearly £105 a month.
The exchange, famous for its central 'ring' where traders make deals, failed to ensure it could deal with 'severe market stress', the FCA said.
Norges Bank Investment Management, the world's largest sovereign wealth fund, paid owner Shaftesbury Capital £570m for the 25% stake.
In a House of Lords debate on the Chancellor's business rates reforms, peers heard the demise of town centres posed a threat to 'social cohesion'.
In its second property raid in just two months, Norway's sovereign wealth fund is buying a quarter of the prestigious Covent Garden estate for £570m.
Anders Holch Povlsen upped his stake from 27% to 28%. Hitting 30% would trigger a takeover offer. Povlsen is Asos's biggest shareholder.
Britain biggest building society is lowering mortgage rates on a number of its products by up to 0.26 percentage points.
If you're not happy with the service you're receiving, it's a good idea to shop around particularly as broadband providers are offering some generous perks to switch.
The scheme can help pay for approved childcare for children aged 11 or under, including nursery, childminders and breakfast clubs.
The iconic brand returning to the high street would be the retail comeback of the century for millennials like me - but it's unlikely.
Car buyers no longer have brand loyalty, new research from Google has found. Three quarters of customers switched to a different manufacturer last year, it said.
Only 59% of young people have enough emergency savings to cover the recommended three months of their salary, data shows.
Energy suppliers ramped up efforts to move households onto smart meters but the number of installations fell in 2024, according to new figures.
The Bank of England will later today reveal its latest decision on the direction of interest rates , with policymakers set to weigh lacklustre economic growth and fears or resurgent inflation .
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