Business

Nationwide account holders are being encouraged to take action now to potentially qualify for a £100 payment. The sum is connected to the Nationwide Fairer Share £100 bonus scheme.During 2025, over 4million members of the building society received the £100 payment - and Moneysavingexpert suggested on Instagram that customers might witness a comparable payout this year."We think Nationwide might give its customers a free £100 again this year. Here's what you can do now to boost your chances of getting it," said Moneysavingexpert assistant editor Peter Lekarski."Assuming Nationwide keeps the same criteria as previous years, there will be three steps to follow. Firstly, don't close your Nationwide current account. It might seem obvious, but we had to say it."Secondly, you need to use your ...

Billionaire José Elías (Image: Instagram/jose_elias_navarro)A billionaire entrepreneur, who claims his monthly grocery expenditure is roughly six times that of a typical household, has revealed there's a compelling explanation for such substantial spending.José Elías states he spends up to €3,000 [approximately £2,600] monthly on his supermarket shopping. For a couple, José estimates the typical amount would be closer to €500 [£440] per month.However, he clarifies, his household uses a good deal more food than the average home: "I think spending 500 euros a month at the supermarket would be normal for a couple, whether or not you cook all your meals at home. I spend between 2,500 and 3,000 euros a month on food."Everyone comes to my house to eat. People come around like bees to honey. P...

WASPI campaigners have fought for years to get DWP compensation (Image: Getty)WASPI campaigners were devastated to be told recently they would not get DWP compensation. Now a financial expert has issued a fresh warning about the controversy, as some people may not be aware of some key changes.Labour announced recently that it would not award compensation to the 1950s-born generation of women represented by WASPI and others. The debate which has raged for many years is around the group of women who were impacted by the state pension age for women rising from 60 to 65 and then 66.The campaigners make the case that they were not properly informed of the change by the DWP, and that many did not realise until the 11th hour, ruining their retirement plans. But the Government has decided it wi...

Martin Lewis has signalled his support for a novel yet simple piece of advice about retirement. He was very impressed by a tip shared by a pensioner fan of his BBC podcast, saying you may not think of this key consideration.The finance expert asked his fans who had already retired to send in their words of wisdom about giving up work and moving into their golden years. One person sent in a word of caution about when exactly you retire.They said: "Don't retire in January. It's a harder way to start retirement than waiting until the summer months when you can get out."Mr Lewis backed the suggestion. He said: "That's very interesting, isn't it? You wouldn't think of that. You can absolutely see why that works. Well done." Mr Lewis went on to explain why it may be a good idea to think of th...

The state pension age is officially increasing from 66 to 67 from this April, but when exactly you will be impacted by the change depends on your specific date of birth. The age at which retirees can claim their pension benefits from the state is set to begin going up from April 2026.This state pension age increase was put into law in 2014, but the age rise is not happening at the same time for all pensioners. Instead, it is being slowly phased in over a period of three tax years. So for some state pensioners, they will receive their state pension at age 66 and 1 month, all the way up in one month increments to those who will get theirs aged 66 and 11 months, and then finally, pensioners who will not receive theirs until age 67.Who receives their state pension from 66 and 1 month and wh...

Check out what's clicking on FoxBusiness.com. OpenAI CEO Sam Altman announced Friday that his company reached an agreement with the Department of War to deploy its artificial intelligence models on its classified network, just hours after President Donald Trump ordered federal agencies to phase out rival Anthropic. Altman said in a post on X that he had been in talks with the Pentagon, which "displayed a deep respect for safety and a desire to partner to achieve the best possible outcome.""AI safety and wide distribution of benefits are the core of our mission," he said. "Two of our most important safety principles are prohibitions on domestic mass surveillance and human responsibility for the use of force, including for autonomous weapon systems. The DoW agrees with these principl...

Martin Lewis has received an outpouring of support from his followers following an emotional admission on social media. The popular money-saving expert has dominated headlines this week after gatecrashing an interview with Conservative leader Kemi Badenoch.Ms Badenoch was being quizzed about student loans on ITV's Good Morning Britain when Mr Lewis chose to intervene uninvited, challenging her policies. What ensued was a heated exchange, with Mr Lewis strongly disagreeing with the Tory leader.Mr Lewis subsequently apologised for his behaviour, whilst Ms Badenoch stated she would 'genuinely love' to appear on his programme to debate the issue further. On Friday evening, Mr Lewis confessed it had been a tough week.He described it as not his 'finest one', and acknowledged his admiration fo...

O'Leary Ventures Chairman Kevin O'Leary joins 'Varney & Co.' to weigh in on the fate of the tariff refunds as well as Gen Z bring their parents to job interviews. A growing number of hiring managers say that they are seeing a surprising new trend from Gen Z applicants: bringing a parent into the job interview process, sometimes even onto Zoom calls. "Shark Tank" star Kevin O'Leary joined FOX Business' Stuart Varney on 'Varney & Co.' to weigh in on the practice and what it signals to employers. 'The Big Money Show' discusses the growing trend of young adults getting financial help from their parents. For O'Leary, the issue isn't generational stereotypes, it's about independence. In today's competitive labor market, he argues, employers are looking for candidates who can th...

Anyone with a bank account has been advised to move anything over £1,000 (Image: Getty)A finance expert has issued a warning to anyone who has more than £1,000 in their bank accounts. The vast majority of Brits have a main current account that they get paid into and from which they spend.These bank accounts are a modern necessity, and anyone with any sort of income needs one. Plus, they are essential when it comes to paying bills such as energy, water and council tax, as well as paying off loans. While these accounts are needed for cash for monthly spending, there are other, better ways to store your money over time. A finance expert has revealed people who have more than £1,000 in their current accounts are essentially "losing cash" as it is gaining no interest. READ MORE: Barclays £4...

Council tax shock as some face hikes of up to 9% (Image: Getty)Households in parts of England are braced for staggering council tax rises of nearly 9% in April, piling new pressure on already stretched budgets.A snapshot of plans for the next financial year from the country’s 153 top-tier local authorities shows a small group set to push through with steep increases, raising bills for thousands of Brits. At the top of the table, North Somerset has confirmed an 8.99% rise, with Shropshire proposing the same jump. Worcestershire County Council is close behind, proposing an 8.98% hike. Elsewhere, Trafford has proposed a 7.49% increase, matched by Windsor and Maidenhead, while Warrington is planning a 7.48% rise. These increases are significantly above the 4.99% threshold that typically tri...