Business

Check out what's clicking on FoxBusiness.com. The Federal Aviation Administration (FAA) briefly grounded all JetBlue flights early Tuesday morning at the airline’s request, according to an advisory posted by the agency’s Air Traffic Control System Command Center. The nationwide ground stop, which applied to all destinations and facilities, was in effect from 12:35 a.m. to 1:30 a.m. ET, the FAA advisory shows."Operations are normal after JetBlue asked the FAA to pause flights nationwide overnight because of an internal IT issue," the FAA said in a statement. JetBlue told FOX Business in a statement: "A brief system outage has been resolved and we have resumed operations." 'SECURITY-RELATED SITUATION' GROUNDS FLIGHT TO VACATION HOT SPOT, PASSENGERS CONFINED FOR HOURS JetBlue plan...

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Need to know: Inheritance tax mistakes costing families hundreds of thousandsInheritance tax specialist Laura Rumsey is warning families that simple planning mistakes could cost them hundreds of thousands of pounds.She explained that people often draft wills without considering inheritance tax implications, a "critical oversight" as HMRC can claim up to 40% of an entire estate. The payment is typically required before relatives can access bank accounts or property, leaving grieving families scrambling to raise substantial sums."I regularly see families caught out by the same avoidable mistakes," said Rumsey from solicitors Rogers and Norton. "These are not complex loopholes; they are straightforward steps that many people just don't realise they need to take."Unmarried couples face part...

Cutting wait time to no more than 90 days so households can save money on bills (Image: Getty)The government has announced tough new standards requiring energy suppliers to fix faulty smart meters within 90 days or face significant fines and penalties. The move, from the Department for Energy Security and Net Zero (DESNZ), is designed to protect consumers and ensure households can fully benefit from accurate energy monitoring and savings.The new rules, introduced from early May, build on recent reforms by Ofgem, which last month made consumers eligible for £40 in compensation if they face issues during the smart meter installation process, such as delayed or failed installations. According to DESNZ analysis, households with smart meters saved an estimated £700 million on their bills in ...

Farmers' inheritance tax 'time-bomb' warningAccountancy experts are warning farmers that time is running out to prepare for inheritance tax changes that could force families to sell land held for generations.The Finance Act 2026 will impose fresh limitations on Agricultural and Business Property Reliefs from April 5, 2026. Under the new rules, 100 per cent relief will only cover £2.5m of qualifying assets per individual, with 50 per cent relief covering the remainder.Environment Secretary Emma Reynolds said the Government had "listened closely to farmers across the country and we are making changes today to protect more ordinary family farms". She added: "It's only right that larger estates contribute more, while we back the farms and trading businesses that are the backbone of Britain'...

Five water companies have been told they will not be allowed to raise customer bills by as much as they had wanted following a review by the UK's competition watchdog. Anglian Water, Northumbrian Water, South East Water, Southern Water and Wessex Water will be allowed to raise an additional £463 million in revenue, falling short of the £2.7 billion they had sought.The additional funding is expected to lead to an average rise of 2.2% in bills for customers of the five water companies, on top of the 24% average increase they had already been approved by water regulator Ofwat. This represents less than the £556 million in extra funding, equivalent to an average rise of 3% to customer bills, that had been provisionally approved in October. The Competition and Markets Authority (CMA) said it...

Things could hardly be worse for Sir Keir Starmer. The nightmare by-election result in Gorton and Denton has shaken Labour to its core. The party had held the seat for more than a century but was pushed into third place. The humiliation has triggered emergency meetings and frantic damage control, but no clear solutions. None are likely to appear while Starmer remains in charge. The man is no leader.The PM's reputation for integrity has been shredded by sleaze and scandal. He can’t make a decision without waving the white flag. How many U-turns are there now? Fifteen, sixteen, seventeen? The policy body count climbs by the day. Starmer keeps feeding half-baked ideas into the Westminster meat grinder and sees them shot to pieces. Their life expectancy is shorter than a Putin recruit on th...

Heavy rainfall at the beginning of the year led to a surge in motorists encountering potholes concealed in puddles, according to recent data. The RAC reported that the daily average number of pothole complaints it received from stranded drivers in February was three-and-a-half times greater than the same month last year.This was attributed to the "incredible amount of standing water" on roads, which was "hiding potholes". Provisional Met Office figures indicate England experienced 42% more rain than usual between December and February, as a series of low-pressure weather systems swept across the UK from the Atlantic, bringing repeated bouts of wet and windy conditions.The heavy rain was particularly noticeable across southern and central England. The RAC stated that 6,290 of its members...

Savers have been told they are missing out on money by leaving it in low interest accounts (Image: Getty Images)A caution has been issued for individuals who have £5,000 in their bank accounts. A recent study discovered that a quarter (24%) of people leave money idle in current accounts at the end of the month rather than transferring it into a savings account, according to a survey.Many current accounts offer zero or minimal interest, meaning individuals could be at risk of witnessing inflation diminish the real value of their cash.One in six (17%) of this group leave more than £5,000 idle in their current account, with men being particularly prone to leaving large sums of cash not earning interest, according to the survey, commissioned by banking provider Chase.Shaun Port, managing di...

Hamnant Mashiana makes £600 extra per month with his car side hustle (Image: Hanmant Mashiana)A dad from Stockport has revealed how he turned a dusty driveway dilemma into a lucrative side hustle, bringing in about £600 extra every month. Hamnant Mashiana, 33, who sells cars for a living, first discovered peer-to-peer sharing platform Turo after struggling to sell one of his vehicles.The father of two told Express: “I had one car which would not sell for some bizarre reason. I started Googling how to maximise my return on the car while it wasn’t selling, and Turo kept coming up. I did a bit of research, but it all seemed a little too good to be true at first.”Mr Mashiana’s 2014 Vauxhall Astra wasn’t flashy and was worth around £3,000. Instead of letting it gather more dust in the drivew...