Business

Anyone with a Natwest savings account is being notified of a significant change. The high street banking giant has been emailing customers telling them that the interest rates are being cut.In a blow to savers the bank is reducing the rate of interest with the change coming in from January 19. The bank said to customers: “We want to let you know we’re changing the interest rate on your account(s). You may have heard the news that the Bank of England has decided to reduce the base rate. We’ve been looking at our rates too, as well as what’s on offer from other savings providers right now, and we’ve decided to reduce some of our interest rates.”Changes include:Digital Regular Saver Annual Equivalent Rate 5.50% going to 5.25% /Flexible Saver £1 - £24,999 1.06% to 1%Savings Builder £1 - £10...

A savings expert has explained people need to take action and look much further than high street banks like Natwest, Barclays, Nationwide and Santander. In a rundown Matthew Jenkin from Which? consumer group said people fall into ‘traps’ which actually cost them a lot of money.Mr Jenkin said people who stick £10,000, for example, in a high street instant access account could miss out by hundreds of pounds. He said: “One of the biggest mistakes you can make when looking for the best home for your savings is limiting your search to the high street. The familiarity of a household name may feel safe, but breaking out of your comfort zone and choosing a smaller lesser-known provider could leave you better off.”He explained that smaller online operators often offered much more attractive rate...

Le début d’année est propice à faire le point sur les résultats de ses placements au cours des douze mois précédents. Même si c’est une épargne de long terme, il est indispensable de faire le point sur la gestion de son plan d’épargne-retraite (PER). Les gestions proposées en option PER varient selon les établissements. Cela va de la gestion libre, qui permet au titulaire du plan de gérer ses placements en « solo », à la gestion sous mandat, confiée à un professionnel qui mène une gestion active, en passant par la gestion profilée à horizon, prudente, équilibrée, ou dynamique. Pour mémoire, conformément à la loi Pacte de 2019, la proposition dite « équilibrée » est obligatoire, commune à tous les PER du marché et appliquée par défaut. Le mode de ges...

‘The Big Money Show’ panel discusses President Donald Trump’s push for a 2026 economic boom as inflation cools, wages rise and tariffs deliver billions in revenue. The U.S. is backing off proposed tariffs that threatened to deal a major blow to Italy's pasta industry, reducing duties on several leading producers. After an investigation into allegations that Italian pasta was being sold in the U.S. at unfairly low prices, officials found exporters had addressed many concerns, prompting a rollback of proposed tariffs on 13 companies, a U.S. Department of Commerce official told Reuters."[Our] post-preliminary analysis indicates that Italian pasta makers have addressed many of Commerce’s concerns raised in the preliminary determination," the official said. "Commerce will continue to en...

Morrisons will cut the prices of more than 2,500 items from January 2, offering much-welcomed savings for customers as the New Year begins. The changes will be applied in all of its supermarkets across the UK and online, covering a broad range of goods, from fresh produce to household brands. The move comes as many households look to rein in spending after Christmas and amid continued pressure on budgets. Alex Paver, pricing and customer director at Morrisons, said: “At Morrisons, we believe great quality should be affordable for everyone, and we know that January is a time when the cost of the weekly shop really matters to customers. That’s why we’ve freshly cut 1000s of prices, from fresh favourites to cupboard stables, so customers can trust they’re getting real value every time they...

FOX Business' Max Gorden joins 'Varney & Co.' to break down President Donald Trump’s push for tiny Kei cars to be built in America and whether U.S. drivers are ready to downsize. Porsche is recalling 173,538 vehicles in the U.S. due to a defect that could cause rearview cameras to go dark while drivers are backing up. The recall covers select 2019-2025 Cayenne and Cayenne E-Hybrid models, 2020-2025 911 and Taycan vehicles and 2024-2025 Panamera and 2025 Panamera E-Hybrid models, according to the National Highway Traffic Safety Administration (NHTSA)."A rearview image that does not display properly reduces the driver's view behind the vehicle, increasing the risk of a crash," the agency said. PRODUCT RECALLS SURGE IN 2025: HERE ARE THE TOP 10 PRODUCTS CONSUMERS WERE WARNED ABOUT...

HM Revenue and Customs (HMRC) has issued a stark warning to taxpayers: complete your tax returns promptly or face penalties of up to £900. The tax authority is alerting nearly 5.7 million individuals to mark a crucial date in their diaries following the festive period.HMRC is pressing millions to submit their tax returns before the deadline to avoid substantial fines. The cut-off date for filing a tax return for the 2022 to 2023 tax year and settling any outstanding tax is 31 January 2024, the revenue service has cautioned UK households.Those anxious about potential penalties managed to submit their returns during key bank holidays throughout the Christmas season, officials revealed. In a recent update, HMRC disclosed that over 4,600 Self Assessment customers completed their tax returns...

Yardeni Research president Ed Yardeni discusses economic drivers heading into 2026 on 'Making Money.' President Donald Trump's economic agenda has produced a mixed but closely watched set of results so far. Economic growth has picked up, inflation has cooled from recent highs and major policy changes have begun to reshape the outlook for businesses and households.  U.S. stocks rally Not to mention a strong year for U.S. stocks, with the S&P 500, the broadest measure of the stock market, ending 2025 with a gain of 17%.  Here’s a look at the key developments defining Trump’s economy to date. Strong growth, easing inflationThe economy grew faster than expected in late 2025, with overall output rising at an annual pace of about 4% to 4.5% in the third quarter. Trump administration ...

Households in one area of the UK will be able to grab £98 vouchers for British Gas, Octopus, EON, OVO and EDF bills from Monday. And those living in other parts of the UK may be able to get cost of living payments or vouchers for different amounts too.That’s because the Household Support Fund is running for three more months, until the end of March. The scheme sees the Department for Work and Pensions (DWP) issue cash to local councils across the country, which are then free to give out the money to those who most need help with the cost of living.Because it’s a ‘devolved’ scheme, each council sets its own rules for how the money is given out. Nottingham City Council is making a batch of £98 energy bill vouchers available on Monday, January 5, until Sunday, January 11.The council will g...

Silver Voices call for tax on state pension to be scrappedState pensioners across the UK can kick start their New Year savings and boost their income by up to £14,139 from January with 12 freebies and discounts from the government.Chancellor Rachel Reeves has confirmed a 4.8% uprating to the State Pension from April, meaning some pensioners will receive up to £575 extra per year in 2026, but some may be entitled to claim additional financial support before the new rates kick in. Currently, the full basic State Pension is worth £176.45 per week (or £9,175.40 per year), while the full new State Pension is worth £230.25 per week (or £11,973 per year), but you'll only get this amount if you're entitled to the full rate. If you get less than these amounts, it's likely you don't have enough q...