Business

The Department for Work and Pensions (DWP) has confirmed when Britons can expect to be paid their benefits over the Christmas period. This year the festive period brings two Bank Holidays (on Thursday, December 25th and Friday December 26th), providing a welcome break for millions of UK workers. However, it also means that the dates that people normally receive financial support from the Government may be changed slightly to ensure that people get the funds they need on time. Benefits are usually paid straight into your bank, building society or credit union account, though if your payment date is on a weekend or a bank holiday it's usually deposited in your account on the working day before, the Government website explains.It notes that this may be different for Child Benefit. You can ...

Rachel Reeves' new rules mean expats will be forced to pay more if they want to top up their UK state pension. The Chancellor said in her Budget that from April, people will need to live in the UK for a decade to meet the threshold for a full pension and have to pay £910 per year to top up their National Insurance.To receive the full state pension, you need to make National Insurance Contributions (NICs) for 35 years. You can "buy" extra years of NICs if you have gaps in your NI record. Currently, there are two options for expats who want to top up. Class 3 NIC costs £17.75 per week, or £923 per year, while Class 2 NIC costs £3.50 per week, or £182 per year.The first option is for anyone who lives outside the UK who used to work in the country as either an employee or as self-employed.C...

A building society has launched a new savings product aimed at customers seeking "competitive" returns. The account also offers flexibility with a strong interest rate.Skipton Building Society has announced its Bonus Saver account, which offers customers a variable rate of 4%. This includes a fixed 1.7% bonus for the first 12 months. Both existing members and those new to Skipton Building Society are able to open the account.Savers can deposit and withdraw funds at any time without being penalised. The account allows them to save anywhere from £1 to £100,000.Alex Sitaras, head of savings and partnership products at Skipton Building Society, said: "We’re excited to introduce Bonus Saver, offering a competitive 4.00% rate and the flexibility customers want."At Skipton, we’re committed to ...

President Donald Trump addresses the Fed rate cuts and inflation in a roundtable with business leaders. Despite nearing the end of his term, Federal Reserve Chairman Jerome Powell sidestepped any discussion of his legacy, emphasizing instead the goals he wants to lock in before passing the reins. "I really want to turn this job over to whoever replaces me with the economy in really good shape. That's what I want," Powell said during a Dec. 10 press conference following the central bank's interest rate decision.FROM MORTGAGES TO CAR LOANS: AFFORDABILITY RISES AND FALLS WITH THE FED "I want inflation to be under control, coming back down to 2%. And I want the labor market to be strong. That's what I want," Powell told reporters at the Federal Reserve. Jerome Powell was appointed...

Images provided by MGA Entertainment products and Consumer Safety Product Commission show recalled products which violate the Federal Hazardous Substances Act for high amounts of hydroxyethylmethacrylate "HEMA" and isobornyl acrylate "IBOA." The U.S. Consumer Product Safety Commission (CPSC) recalled several baby and children’s items sold on Amazon because they pose safety hazards, including exposure to toxins and drowning risk. Here’s a look at the products affected, the hazards they pose, and what consumers should do if they have purchased one of these items.Infant walkers that trap children The infant walkers fail to stop at the edge of stairs. (U.S. Consumer Product Safety Commission)More than 2,600 infant walkers sold on Amazon have been recalled due to a risk of serious ...

Charter Savings Bank has increased the rates on its range of Fixed Rate Cash ISA, and one deal has been branded as "excellent" by Moneyfactscompare.co.uk. Cash ISAs have become more popular over the past few years of higher interest rates, as the accounts allow individuals to save up to £20,000 a year tax-free.The bank’s new rate includes a 4.30% payable on anniversary, or a monthly interest option of 4.22% gross / 4.30% AER on a minimum opening amount of £5,000. Savers also have the option to split their Cash ISA savings across multiple ISAs within Charter's range. Caitlyn Eastell, spokesperson at Moneyfactscompare, said: "Charter Savings Bank has increased the rates on its range of Fixed Rate Cash ISAs by up to 0.16%. The one-year option now offers a market-leading rate; it pays 4.30%...

The owner of Las Palmitas Mini Market, Navor Herrera, received a $1M check during a press conference with Powerball officials on Thursday morning. (FOX 11) The Powerball jackpot has surged to an eye-popping $1.1 billion after no ticket matched all six numbers in Saturday night’s drawing, leaving the massive prize up for grabs. The winning numbers for the Dec. 13 drawing were 1, 28, 31, 57, 58 and the Powerball number was 16, but no one claimed the top prize.While the jackpot went unclaimed, several players still scored big, including $2 million Power Play winners in North Carolina and Pennsylvania and $1 million winners in California, Florida, Michigan, New Jersey and Virginia. The estimated cash value for Monday’s next drawing now stands at more than $503 million. SINGLE TICKET SO...

La mesure aurait sans aucun doute été saluée par la secrétaire générale de la CFDT Fonctions publiques, Mylène Jacquot, décédée brutalement vendredi 12 décembre à l’âge de 60 ans. Fidèle entre autres à la défense des droits des femmes fonctionnaires, elle l’aurait toutefois certainement jugée insuffisante. Dans le cadre de l’examen du budget 2026, le Sénat a adopté un amendement, samedi, visant à compenser la baisse de l’indemnisation des arrêts maladie pour les femmes enceintes du service public. En partie seulement, regrettent les syndicats. La mesure doit encore être définitivement approuvée par le Parlement. La baisse décidée début 2025 de l’indemnisation des arrêts de courte durée « a pu avoir des conséquences défavorables » pour les femmes enceintes contraint...

Check out what's clicking on FoxBusiness.com. Cara Delevingne is ready to part ways with her New York City home. The 33-year-old model has placed her historic home in Gramercy Park on the market for $9.9 million with listing broker Stefani Berkin of R New York.She originally listed the home for $11 million in October but later chose to drop the price, and, according to The New York Post, is now projected to sell the home at a loss. "We made a proactive, strategic adjustment to align the property with where the market currently is," Berkin told The Post. "We’re already seeing renewed interest and expect increased activity moving forward... This is a trophy property — one that a lucky buyer will have the privilege to call home." Delevingne put her home in Gramercy Park on the ma...

Rep. Jason Smith, R-Mo., discusses the Trump administration’s tax cuts and their impact on affordability on ’The Bottom Line.’ Treasury Secretary Scott Bessent said American households will see "very large refunds" in the tax filing season early next year following policy changes under the One Big Beautiful Bill Act (OBBBA). Bessent spoke to NBC10 Philadelphia on Tuesday ahead of an event touting the Trump administration's economic policies and said American taxpayers could see sizable refunds following the enactment of the OBBBA.The treasury secretary noted that the tax law included retroactive provisions for policies that will impact what taxpayers owe on this year's earnings, which could boost the size of refunds. "The bill was passed in July. Working Americans didn't change the...