Business

Millions of pensioners across the UK will see their State Pension rise next April, but nearly half a million people will miss out on the increase. The payment changes take effect from April 6, 2026, under the Triple Lock guarantee. The Triple Lock ensures the State Pension goes up each year by whichever is highest out of average earnings, inflation or 2.5%. For the 2026/27 financial year, the increase will be based on earnings growth of 4.8%, while additional elements such as deferred rates will rise by 3.8%. This means people on the full New State Pension will receive £241.30 per week, while those on the maximum Basic State Pension will receive £184.90 per week. Someone on the full New State Pension currently gets £230.25 a week, and the new amount represents a yearly income of £12,547...

Rumble founder and CEO Chris Pavlovski reacts to Meta CEO Mark Zuckerberg looking to mend fences with the Trump administration on 'The Big Money Show.' FIRST ON FOX: Rumble said Tether announced Wednesday the launch of a new digital wallet system that would allow users and creators to send, receive and store cryptocurrency directly on the platform without using a bank or third-party payment service. The technology, dubbed "Rumble Wallet," would allow creators to be paid directly by viewers using digital funds, rather than relying on traditional financial institutions.This could potentially reduce fees and minimize the risk of payment restrictions or account shutdowns. Chris Pavlovski, founder, chairman, and chief executive officer of Rumble Inc., during the Bitcoin 2025 confer...

Check out what's clicking on FoxBusiness.com. President Donald Trump signed an executive order on Wednesday to block defense companies from paying dividends or buying back stock until they improve production and delivery performance. "Effective immediately, they are not permitted in any way, shape, or form to pay dividends or buy back stock, until such time as they are able to produce a superior product, on time and on budget," the order reads.Trump and the Pentagon have criticized the defense industry for what they describe as high costs and slow production. The administration has vowed to make changes to boost production of military equipment. "I am committed to ensuring that the United States military possesses the most lethal warfighting capabilities in the world," the order re...

Nationwide Building Society has issued an update to its members, in a message posted in its branches. The fresh update comes after the group recently committed to keeping open all 605 of its Nationwide branches, as well as all its Virgin Money outlets.It said previously it would keep open all its current branches until at least 2030. You can access banking services at Nationwide branches including taking out cash and making deposits.Many of the group's outlets also have specialist services such as dementia clinics, providing advice and support for anyone affected by the condition. You can also access space safes at 400 branches, which are private areas providing a place of refuge for those experiencing domestic abuse.In a message seen in several of its branches, Nationwide asks visitors...

Check out what's clicking on FoxBusiness.com. Bigger than most walls and designed to double as art, Samsung debuted a 130-inch Micro RGB TV at the Consumer Electronics Show (CES) 2026, its largest and most advanced display yet. Samsung unveiled what it described as the "world’s largest" Micro RGB TV during the Samsung Electronics First Look event ahead of CES in Las Vegas on Sunday.The new R95H model features a gallery-inspired design that Samsung says is intended to make the screen resemble a floating architectural window rather than a traditional television. Audio is integrated into the display’s frame and tuned to match the scale of the screen, aiming to create a natural connection between sound, picture and the TV’s space. GET SAMSUNG'S NEWEST PHONE MODELS ON SALE, FROM THE GAL...

Palisades Fire victim Janna Kohl and Douglas Elliman agent Cory Weiss speak to Fox News Digital about recovery efforts and the aftermath of the Los Angeles-area fires exactly one year later. Longtime Pacific Palisades residents Janna Kohl and her husband say they consider themselves lucky.  "What really breaks my heart is people like our next-door neighbor. They were in their late 70s, early 80s. They'd lived in their house for 60 years. It was their original house, and they were pillars of the community. And people like that aren't coming back," Kohl told Fox News Digital.January 7 marks the one-year anniversary of the start of the deadly Los Angeles wildfires — the Palisades and Eaton fires. Though the fires were contained by the end of the month, the Los Angeles County Economic ...

Pension holders are being informed about four significant changes set to take place in 2026, including the introduction of dashboards, advice reforms, and a new £1,000 rule. These planned reforms aim to provide individuals with improved access to their funds and enhance their understanding of their financial situation.However, alterations to taxation could result in financial implications for many, potentially prompting numerous schemes to reconsider their operational strategies, according to industry experts.And a new '£1,000 rule' will mean small pension pots worth £1,000 or less will be brought together into larger pension schemes. The legislation was passed at third reading on the nod and will go to the House of Lords for further scrutiny.This new initiative will tackle what the gov...

HSBC has announced that millions of its customers will experience a significant change from today (January 5). The banking behemoth has unveiled a series of new changes to commence the first full working week of the year.The most notable of these is the confirmation that its rates will decrease by as much as 0.10% for certain eligible customer deals. The bank, which caters to 14.5 million customers, has released updated rates for a broad range of its mortgage deals, including its Remortgage, Home Mover, First Time Buyer Mortgage, and Switcher.This follows Nationwide's report that UK house prices unexpectedly fell throughout December. The mortgage lender pointed out that the average property price dropped by 0.4% to £271,068 compared to prices in November.Oliemata O'Donoghue, Head of Mor...

Nationwide Building Society has issued a message to its customers about the future of its branches. The mutual currently has 605 Nationwide branches, as well as 91 Virgin Money branches, following its acquisition of Virgin Money in 2024.The group recently stated that there are 133 local areas where Nationwide is the only savings provider with a branch remaining. As many banks and building societies reduce their in-person presence, customers may wonder if Nationwide will soon follow suit.But the building society has assured its members that there is no danger of branch closures for the next few years. In a three-word message seen in several branch windows, the group assures: "We're staying put."Nationwide announced recently that it will continue to keep open every one of its 696 Nationwi...

2026 could be the year to boost your savings (Image: Shawbrook Bank)It’s time to embrace a fresh start in the new year. Whether you’re gearing up to try pickleball for the first time, perfecting your knitting skills, or simply determined to prioritise some much-needed self-care, it’s also the perfect opportunity to give your savings some attention. According to research from Shawbrook Bank 39% of UK savers keep their cash savings in a current account.A quarter (25%) admitted to sticking with their existing bank rather than shopping around. This could mean missing out on better interest rates and returns. As you look ahead to new opportunities this year, it’s worth taking a moment to reassess your savings strategy, as a simple switch could help boost your savings in 2026. Sally Conway, h...