Business

Brits seeking to bolster their finances at the start of 2026 might consider switching their bank accounts. Two leading banks are currently offering a complimentary £250 incentive for those who transfer their custom.MSE stated: "The starting gun has been fired on the race to win your 2026 banking custom. Many banks turned off their deals in December, but now switching's back and it's perfect timing."There's a wealth of banks paying a good whack, so scan the list and go for your best mix of cash and perks. All allow single and joint accounts."Switching's usually quick and easy. To get the free cash (usually paid within two or three months), you need to use the bank's seven-working-day switch service (so it takes roughly 10 days). This closes your old account and moves all your money, Dire...

Check out what's clicking on FoxBusiness.com. Former Transportation Secretary Pete Buttigieg criticized President Trump Wednesday after reports the president mouthed an expletive and made an obscene gesture toward a heckler during a visit to a Ford factory in Michigan. Speaking at the Detroit Auto Show in Detroit, Buttigieg said the reported incident reflected what he described as a broader pattern in Trump’s treatment of autoworkers."I don't know much about the [human resources] side of it," Buttigieg said. "What I know is that President Trump did literally what I believe he's been doing figuratively for some time, which is give autoworkers the finger." FORD WORKER SUSPENDED FOR CALLING TRUMP 'PEDOPHILE PROTECTOR' HAS 'NO REGRETS' FOR 'EMBARRASSING' PRESIDENT Former U.S. Secr...

House building industry supplier Premier Forest Products has acquired engineered timber specialist National Timber Systems (NTS) in a deal that ensures the future of the business after the failure of National Timber Group England late last year. The Newport-based firm purchased NTS from administrators after the parent group collapsed in November.The acquisition safeguards 160 jobs across National Timber Systems, with Premier Forest Products stating that it plans to significantly expand the workforce to approximately 250 as it increases production capacity and invests in new product development.National Timber Systems supplies engineered timber products to national and regional house builders, as well as customers in the construction and modular housing sectors. Its product range include...

FOX Business' Madison Alworth has the details on 'Mornings with Maria.' Surging demand for energy to power artificial intelligence (AI) data centers is reaching new heights as companies are pursuing plans to station data centers in space. Billionaire entrepreneurs Elon Musk, the CEO of SpaceX, and Jeff Bezos, founder of Blue Origin, have signaled they're working on developing data centers to be stationed in space, which would allow the energy-intensive data centers to be cooled more cost efficiently than on Earth, given the strain they impose on the electric grid.An upcoming space launch will serve as another key test as another firm, LoneStar Data Holdings, pursues its goal of having AI data centers in space within a decade. LoneStar Data Holdings is pursuing its goal of havi...

Katie Elliott (L) shares must-know tips to cut down your bills (Image: Getty )Ah, new year. New beginnings, new priorities… and a new round of price hikes. I spoke last week about life’s certainties (death, taxes, and  expensive funerals), and annual bill rises are another item to add to that list. And it’s all well and good, but not everyone receives an annual pay increase. Those who live on fixed incomes - a lot of pensioners - have to stretch their money even further, with many often unable to foot bill hikes comfortably. Alarming new research by Age UK shows some older people are taking "drastic measures” to make ends meet, with one in 20 admitting to skipping meals this winter, and 35% opting to skimp on heating despite plummeting temperatures. With that in mind, the charity is urg...

Maslansky + Partners President Lee Carter comments on President Trump addressing affordability at the McDonald’s summit and Disney dropping diversity terms from its business report on ‘The Bottom Line.’  McDonald’s CEO Chris Kempczinski is offering a glimpse into what he believes will shape the food industry in 2026. In a video shared on Instagram this week, Kempczinski outlined three trends he expects to gain momentum in the year ahead, pointing to fiber-focused offerings, sweet-and-spicy flavor combinations and increased beverage innovation."No. 1, fiber is going to be big," he said. "No. 2, sweet and spicy, together, is going to be a big food trend. And No. 3, you're going to see a lot of beverage innovation. Those are my three picks — things to look out for in 2026. I feel conf...

Labour chancellors never do. That’s because, deep down, they don’t like the economy at all. It’s a capitalist economy, and lefties have never made their peace with capitalism. To them, it remains a 19th-century system of exploitation, a rigged game where bosses fleece workers and must therefore be restrained, regulated or brought down by worker power.It’s the only way to explain Reeves's constant assault on businesses, large and small. In Labour's imagination, every employer is a cigar-smoking plutocrat in a top hat, grinding ordinary people into the dust. It doesn’t matter if they’re actually managing a struggling pub, small café, a couple of buy-to-let flats or a family-run pharmaceutical firm like this one. They’re still a boss, and their power must be curbed.So the instinctive respo...

Naftali Group Chairman and CEO Miki Naftali and Informa President of U.S. Boat Shows Andrew Doole speak to Fox News Digital about the pro-business direction of the Sunshine State. Coastal Florida led the nation’s most expensive home sales in December, topped by a $101.5 million Miami estate linked to Google co-founder Larry Page, according to a new report from real estate brokerage Redfin. The Biscayne Bay compound in Coconut Grove covers 4.5 acres in one of Miami’s most exclusive enclaves. People familiar with the deal told The Wall Street Journal that Page paid $101.5 million in December for the waterfront property, formerly owned by the late restaurateur Jonathan Lewis. Redfin reported that it was the most expensive U.S. home sale in December and the fourth-priciest overall in 2...

A high street giant has blamed Rachel Reeves' "highly adverse" Budget measures for its plunging profits. Retailer Shoe Zone warned earnings are set to fall again due to tough trading.The chain saw its shares drop 22% in morning trading on Tuesday after it revealed pre-tax profits slumped by more than two-thirds to £3.3million in the year to September 27, down from £10.1m the previous year. It said trading remained under pressure at the start of 2025-26 amid weak consumer confidence. Shoe Zone said Budget measures had sent costs soaring and weighed on shoppers' spending.It is forecasting profits will fall to about £1m in the year to October – down by 70% year on year.Shoe Zone Chairman, Charles Smith, said: "Trading conditions remained challenging in the first quarter of the new financia...

Bilt CEO Ankur Jain and United Wholesale Mortgage CEO Mat Ishbia discuss their new partnership that lets homeowners earn rewards for mortgage payments on ‘The Claman Countdown.’ Bilt, a membership program centered on rewarding consumers for everyday spending, is rolling out a new lineup of credit cards Wednesday. They are not only designed to increase how much members can earn on housing, but they also offer a 10% APR for the first year to help with growing affordability for consumers. Bilt 2.0 is a revamped version of the company's co-branded card program. This time, there will be three credit cards, ranging from a no-annual-fee option to a $495 premium card. One of the key things that sets them apart, according to CEO Ankur Jain, is that they are the first credit cards on the mar...