Press Releases
Retirement warning over post-working life expectations versus previous generations | Personal Finance | Finance

More than half of UK adults anticipate lower retirement standards compared to previous generations, new research has found. Over half (54 percent) of UK adults feel their generation’s standard of living when retired will be lower than that of their parents or grandparents, new research by SmartSave has found. A survey of 2,000 UK adults […]

Updated: Apr 24, 2024
Rupert Murdoch suing ITV and ITN over Princess Kate farm shop video | City & Business | Finance

Media mogul Rupert Murdoch is suing ITV and ITN for reportedly using a video released by The Sun of Princess Kate at a farm shop in Windsor. News Group Newspapers, Mr Murdoch’s firm that publishes The Sun, has filed an intellectual property claim against the broadcasters that produce the ITV News programming. According to The […]

Updated: Apr 24, 2024
Martin Lewis issues warning to anyone using air fryers instead of ovens | Personal Finance | Finance

The Money Saving Expert Martin Lewis has delivered a stern warning to people swapping their ovens for air fryers. The beloved expert has been inundated with questions from fans who are ditching their ovens for Ninja and Tower air fryers. These devices are often promoted as cheaper alternatives to standard ovens, even leading some adventurous […]

Updated: Apr 23, 2024
Higher Primark profits powers owner Associated British Foods to best results in years | City & Business | Finance

Primark owner Associated British Foods has enjoyed its best interim results in nearly 20 years, chief executive George Weston says, thanks to higher profit margins at the clothing chain. For the 24 weeks ended March 2, ABF saw its pre-tax profits rocket 37 percent to £881million, while its revenues rose £175million to £9.7billion. Profits at […]

Updated: Apr 23, 2024
New WASPI bid to force response with calls for public inquiry to ‘expose truth’ | Personal Finance | Finance

A petition has launched calling for a public inquiry to “expose the truth” behind the WASPI (Women against state pension inequality) issue. The fresh calls for action come after an MP said it was “disgraceful” that the Government has yet to act on the issue of providing compensation for the women affected. The petition to […]

Updated: Apr 23, 2024
Supermarket shoppers saved £1.3billion in just one month – here is how they did it | Personal Finance | Finance

Savvy Britons saved £1.3 billion – an average £46 per household – by hunting out supermarket deals in the past month, according to new research. The rise of promotional prices, many linked to loyalty cards such as Tesco’s Clubcard and Nectar from Sainsbury’s, helped bring down grocery price inflation to 3.2 percent. The figures come […]

Updated: Apr 23, 2024
DWP state pension warning for those aged 60 to 70 as key deadline approaches | Personal Finance | Finance

Workers are being issued a crucial “act now” alert to avoid a ‘significant financial loss’ by checking their state pension contributions and topping up any missing payments before an impending deadline, according to a warning for anyone aged between 60 and 70. Those who haven’t kept up with their contributions have until April 5, 2025, […]

Updated: Apr 23, 2024
JD Sports picks up US rival Hibbett for £878million | City & Business | Finance

JD Sports is to acquire US sportswear retailer Hibbett for $1.1billion (£878million), which chief executive Regis Schultz says will accelerate its growth in the North America. The British retailer will pay for US-stock market listed retailer using a combination of its existing cash resources and by borrowing approximately £800million from its lenders. JD Sports says […]

Updated: Apr 23, 2024
PureGym almost halves its losses as customer spending and gym branches surge | City & Business | Finance

PureGym says its annual pre-tax losses have nearly halved to £77.6million, thanks a combination of new gym openings and increased spending from its existing members. The low cost fitness group said that its revenues for the 12 months to the end of December had risen 15 percent to £549million, thanks to the 54 new gyms […]

Updated: Apr 23, 2024
HMRC tax warning as slashing levies called into question ahead of election for key reason | Personal Finance | Finance

The recent Government borrowing figures could mark a blow to any tax cut prospects ahead of the next general election, experts have said. According to new data published by the Office of National Statistics (ONS), borrowing exceeded the OBR forecast by £6.6 billion, leaving borrowing in the financial year ending March 2024 provisionally estimated at […]

Updated: Apr 23, 2024