Economy

1.2m current accounts moved using switching service in 2024

1.2m current accounts moved using switching service in 2024

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth Around 1.2 million current accounts were ditched and switched by customers in 2024, marking the second year in …

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Lutnick Grilled on Trump’s Tariffs and China During Confirmation Hearing

Lutnick Grilled on Trump’s Tariffs and China During Confirmation Hearing

Howard Lutnick, a wealthy donor to President Trump who has been picked to lead the Commerce Department, defended Mr. Trump’s plans to impose broad tariffs and said he would take a tough stance on technology sales to China during his Senate confirmation hearing on Wednesday. If confirmed, Mr. Lutnick would lead on trade policy and oversee a broad portfolio of …

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ISA millionaires are on the rise – here are the shares they invest in

ISA millionaires are on the rise – here are the shares they invest in

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth Data released this week by Hargreaves Lansdown, the UK’s biggest investment platform, revealed the number of people who …

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Democrats to Question Commerce Nominee’s Web of Financial Interests

Lutnick Grilled on Trump’s Tariffs and China During Confirmation Hearing

Howard Lutnick, a wealthy donor who President Trump has picked to lead the Commerce Department, will face questioning about his financial holdings and potential conflicts of interest in a nomination hearing before the Senate Wednesday. Mr. Lutnick is the chief executive and chairman at Cantor Fitzgerald, a Wall Street brokerage, and holds executive positions at BGC, another brokerage, and Newmark …

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What to Watch at the Federal Reserve’s First Meeting of 2025

What to Watch at the Federal Reserve’s First Meeting of 2025

The Federal Reserve is set to stand pat at its first gathering of 2025, pressing pause on interest rate cuts as policymakers take stock of how the world’s largest economy is faring. After lowering interest rates by a full percentage point last year — starting with a larger-than-usual half-point cut in September — central bank officials are at a turning …

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Martin Lewis warns Vinted and Ebay sellers they have days to act

Martin Lewis warns Vinted and Ebay sellers they have days to act

Martin Lewis has warned some Vinted and eBay users that they have days before a new HMRC deadline comes into effect. The Money Saving Expert founder issued the notice on his latest ITV special on Tuesday, 28 January. Lewis explained that the selling platforms — as well as Airbnb, Uber, and similar services — began collecting data on earnings last …

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Do DeepSeek’s A.I. Advances Mean US Tech Controls Have Failed?

Do DeepSeek’s A.I. Advances Mean US Tech Controls Have Failed?

The United States has worked steadily over the past three years to limit China’s access to the cutting edge computer chips that power advanced artificial intelligence systems. Its aim has been to slow China’s progress in developing sophisticated A.I. models. Now a Chinese firm, DeepSeek, has created that very technology. In recent weeks, DeepSeek released multiple A.I. models and a …

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Martin Lewis urges UK households to claim over £5,000 a year from DWP

Martin Lewis urges UK households to claim over £5,000 a year from DWP

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth Money expert Martin Lewis has urged people to make sure they are claiming thousands of pounds from the …

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