If you’re curious about where the U.S. economy is headed, then Friday’s big reveal is a must-watch event. At 8:30 AM ET (1:30 PM BST), the U.S. Labor Department will drop the latest results from its monthly jobs survey. This report is a key indicator of how well the world’s biggest economy is doing, and […] More
The famous “never knowingly undersold” price promise of this popular UK store is returning. This is a promise that was halted two years ago; it now comes back big. What’s different? This time, the pledge will include online shopping instead of just in-store purchases. The store would deploy advanced technology, including artificial intelligence, to match […] More
The dream of a comfortable retirement is getting harder to reach, thanks to rising living costs. A new study by the Resolution Foundation, working with the Living Wage Foundation, shows that the amount of money people need to save for their retirement has jumped by 60%. To have a basic standard of living in retirement, […] More
The UK has decided to cut back on the amount of money banks have to give back to people who fall victim to fraud. Before, banks were going to have to pay back up to £415,000, but now that number has been reduced to just £85,000. Consumer groups and watchdogs are calling this decision “outrageous” […] More
Three years ago, Volvo made a bold announcement: by 2030, all of its cars would be electric. It was a big step toward a greener future. However, the Swedish carmaker has decided to change its plans. Volvo is now saying it won’t sell only electric cars by 2030. But why the sudden change? The truth […] More
Complaints about fraud and scams have hit a six-year high, according to the Financial Ombudsman Service (FOS). So, what’s going on? Let’s dive into this issue and find out why so many people are getting tricked and losing money. What’s Behind the Spike in Complaints? The FOS, which helps sort out disputes between consumers and […] More
Barratt Faces Big Losses as Fewer Homes Get Built Barratt Developments, the UK’s biggest housebuilder, is having a pretty torrid year. A fall of 75% in profits has been witnessed for the company due to various challenges that are hitting the housing market. Many people struggle with the rising cost of living and higher mortgage […] More
Volkswagen, one of the world’s biggest carmakers, warned it only had “a year, maybe two” to turn things around. News of the decline comes with the company facing a serious decline in car sales in Europe. The German car giant is considering a radical plan to close some of its factories in Germany. This will […] More
Labour’s U-Turn on British ISA Plans The new Labour government has just announced the abandonment of plans for what has been dubbed the “British ISA”. There were few who expected this move, least of all because Labour had pledged it would not abolish the plan. The “British ISA” was a proposal aimed at enabling savers […] More
It was a sour day for the world stock market, as shares crudely fell across Asia, Europe, and the US on Wednesday. The reason behind this decline could be attributed largely to growing concern about the health of the global economy, with particular attention given to the United States as the world’s biggest economy. The […] More