Business

The latest figures from TV Licensing reveal that just over 23 million people are currently paying for a TV licence in their homes. In the UK, it's legally required to have a TV licence for your property if you watch or record live TV or use certain streaming services such as BBC iPlayer.TV Licensing guidelines emphasise that 'it is an offence to watch or record' TV programmes live, or download or watch BBC programmes on demand, including catch-up TV and BBC iPlayer. At present, a standard TV licence is priced at £174.50 annually.However, this cost can be spread out with a monthly Direct Debit of £14.54 or a Quarterly Direct Debit of £44.89. While there are stringent rules regarding who must pay for a TV licence, not everyone will meet these requirements and could potentially avoid payin...

FOX Business' Edward Lawrence reports the results of the interview on 'Mornings with Maria.' Exclusive: BlackRock executive Rick Rieder discussed several key issues, including the profitability of the Federal Reserve, during an interview for the top job at the central bank, senior administration sources told FOX Business. Other topics discussed during the meeting with Rieder, the chief investment officer of global fixed income at BlackRock, included the importance of monetary policy stability and U.S. debt dynamics, the sources said.The interview was conducted in the Oval Office and included President Donald Trump, Vice President JD Vance, Treasury Secretary Scott Bessent, chief of staff Susie Wiles and deputy chief of staff Dan Scavino. Rick Rieder, chief investment officer o...

The plan includes closing around 20 high street outlets that the firm considers loss-making. On the BBC Big Boss Interview podcast, John Vincent, Leon's co-founder, detailed the pivot towards travel locations, the Mirror reports.He noted that a 2% profit margin at an airport "is worth the same as a 6% on the high street". Mr Vincent continued: "You might be doing two or three times the revenue in that airport than you might in a high street location."Mr Vincent revealed to the BBC that Leon has been losing £10million each year, citing upcoming business rates reforms and escalating running costs as primary drivers behind the restaurant shutdowns. Business rate relief will be abolished completely from April 2026, having already been slashed from 75% to 40%.Leon was established in 2004 by ...

State Pensioners might be unaware that they have the option to significantly alter how they receive an income. It's possible to adjust the payment schedule of your State Pension payments.While the majority of senior citizens are content receiving a consistent sum of up to £921 each payment cycle, a considerable number remain oblivious to the fact they can modify this arrangement to receive payments fortnightly or even on a weekly basis.An ex-DWP staff member, with 42 years of expertise in State Pension and benefits administration, has revealed a straightforward method for any older individual – whether currently drawing their State Pension or approaching retirement this year – to alter their payment frequency.The crucial consideration is that this adjustment can only be implemented if t...

Martin Lewis gave a warning to anyone with a fixed saver account (Image: ITV)Personal finance expert Martin Lewis has given a warning to anyone with a fixed savings account - and said it could mean you’ll be hit with a tax bill. Mr Lewis was speaking on his new BBC Podcast this week on the issues of savings tax.The personal finance guru outlined two crucial limits - £10,000 and £20,000 - that individuals need to keep in mind, depending on their income levels and the interest rates. And he said there are limits for what people can earn in savings interest and anyone getting more than £1,000 would have to pay tax.Mr Lewis explained: “When you get interest on savings it’s taxable. There are a lot of allowances so the majority of people in the country do not pay tax on their savings interes...

Pacer ETFs President Sean O’Hara breaks down why copper and other critical metals are becoming essential fuel for A.I., data centers and next-generation electronics on ‘The Claman Countdown.’ Amazon’s push to build massive artificial-intelligence data centers is now extending into Arizona, where a recently restarted copper mine is supplying industrial metal seen as increasingly critical to powering Big Tech’s AI infrastructure. On Thursday, The Wall Street Journal reported that Amazon Web Services (AWS) signed a two-year agreement with mining giant Rio Tinto’s Nuton venture to secure copper supplies tied to its expanding AI data centers.The Arizona mine outside Tucson — the Johnson Camp mine using Rio Tinto’s Nuton bioleaching technology — became one of the first new U.S. copper pr...

The winter months are always an expensive time of the year for energy bills, with things like heating, washing and spending more time indoors driving up costs.But there are smart ways to save money by making simple changes at home, including a ‘four minute rule’ recommended by British Gas. According to the major energy supplier, cutting down your time in the shower to just four minutes can actually yield significant savings, giving the average household £70 per year back on their energy bills. While you might not think taking a shower is a particularly expensive task, it is something that is part of most households’ daily routine, with some even opting for two showers per day, so the costs can quickly add up - particularly if you’re partial to a long soak.As such, limiting your shower t...

‘The Big Money Show’ panel reacts to billionaires fleeing California as Gov. Gavin Newsom’s proposed wealth tax sparks backlash and red state migration. Billionaire Peter Thiel is contributing to the fight against the so-called billionaires tax ballot measure that California voters may have the opportunity to vote on this fall. Thiel made a $3 million donation to the California Business Roundtable, a lobbying group that opposes policies it views as being anti-business. The donation was first reported by The New York Times, citing a disclosure. The Times noted that while the donation isn't specifically earmarked for efforts to oppose the wealth tax proposal, the group is expected to be among those leading the fight against the measure and the funds will help its broader goals. The p...

HMRC has issued an update about a major change to ISAs. Chancellor Rachel Reeves announced several changes to ISAs in her Autumn Budget.This included a reduction in the ISA allowance, coming in from April 2027. You can currently deposit up to £20,000 a year into ISAs and divide this allowance between cash accounts, and stocks and shares accounts.But under the new rules, you will only be able to deposit up to £12,000 into any type of ISA, while the remaining £8,000 will only be available for investment-based accounts. The new rules will not apply to those aged 65 and over.The Government also said after the Budget that it would consult on a new product to replace the Lifetime ISA. This product allows you to deposit up to £4,000 a year and you get a 25 percent Government bonus on top of an...

Former Mayor of New York City Eric Adams joins ‘Mornings with Maria’ to discuss the launch of the New York City Coin, rising anti-semitism and his vision to make NYC a global crypto hub. A committee vote on the long-awaited cryptocurrency market structure legislation was postponed on Wednesday night after a late-night policy debate between members and big names in the industry pulling support from the critical CLARITY Act led to a delay. The vote to get the bill passed through the Senate Banking Committee was scheduled for Thursday.Despite the setback, Senate Banking Chairman Tim Scott, R-S.C., remains optimistic that the bill will eventually cross the finish line. Congress’ top banking leader sat down with Fox News Digital before the vote was canceled, saying the GOP has been work...