Financial news

• Trump says he’d ‘love to fire’ Jerome Powell in latest attack on Fed chair

  29-12-2025 23:45 via theguardian.com
  Trump also repeated false claims about renovation costs for the Fed headquarters during a Monday press conferenceDonald Trump launched another attack against Federal Reserve chair Jerome Powell on Monday, calling the central banker a “fool” and once again suggesting he would like to fire him.Trump launched his latest attack on Powell during a press conference with Israel’s prime minister Benjamin Netanyahu, repeating false claims about the cost of a renovation of the central ba
  
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• Sainsbury’s CEO among business leaders recognised in new year honours

  29-12-2025 23:30 via theguardian.com
  Simon Roberts, credited with helping to turn around grocer, made CBE along with former BAE Systems boss Ian KingThe boss of Sainsbury’s who helped turn around the grocer’s fortunes is among leading figures from the business world to be recognised in the new year honours list.Simon Roberts, who has been chief executive of the UK’s second largest supermarket since 2020, has been made a Commander of the Order of the British Empire (CBE) for services to the retail industry. Continu
  
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• Cryptocurrency slump erases 2025 financial gains and Trump-inspired optimism

  29-12-2025 18:00 via theguardian.com
  Last few months of the year have seen $1tn in value wiped from the market, despite all-time-high price of bitcoinAs 2025 comes to a close, Donald Trump’s favorable approach to cryptocurrency has not proven to be enough to sustain the industry’s gains, once the source of market-wide optimism and enthusiasm. The last few months of the year have seen $1tn in value wiped from the digital asset market, despite bitcoin hitting an all-time-high price of $126,000 on 6 October.The October pri
  
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• Council tax discount can slash bills by 100% - check if you’re eligible

  29-12-2025 17:05 via express.co.uk
  The system includes several exemptions and reductions that can dramatically cut costs.
  
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• The 2 changes to pensions in 2026 that could change your plans to retire

  29-12-2025 16:30 via express.co.uk
  Here's a look at two changes in 2026 that could change your plans to retire.
  
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• Students issued 'watch out' alert ahead of January SLC payments

  29-12-2025 15:50 via express.co.uk
  The Student Loans Company is reminding students to be vigilant ahead of the January maintenance loan payment window
  
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• Why haven’t Trump’s tariffs crashed the US economy? | Jeffrey Frankel

  29-12-2025 15:49 via theguardian.com
  Effects on inflation and employment have not been as bad as feared – but could still materialise with full force in 2026When Donald Trump took office last January, most economists feared what would happen if he raised tariffs. The expectation was that, as the new duties drove up prices of consumer goods and inputs – affecting households and companies, respectively – surging inflation and falling real incomes would follow. This would be a supply shock, so the US Federal Reserve
  
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• ‘This will be a stressful job’: Sam Altman offers $555k salary to fill most daunting role in AI

  29-12-2025 15:44 via theguardian.com
  New head of preparedness at OpenAI will face unnerving in-tray amid fears from some experts that AI could ‘turn on us’The maker of ChatGPT has advertised a $555,000-a-year vacancy with a daunting job description that would cause Superman to take a sharp intake of breath.In what may be close to the impossible job, the “head of preparedness” at OpenAI will be directly responsible for defending against risks from ever more powerful AIs to human mental health, cybersecurity a
  
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• Building society launches competitive 2026 savings account with 6.5% interest

  29-12-2025 15:43 via express.co.uk
  The account works best for people who want to save steadily and do not need access to their money in the meantime.
  
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• Bank offers easy access Cash ISA with market-leading 4.25% interest rate

  29-12-2025 15:25 via express.co.uk
  Savers seeking higher returns on their nest eggs heading into the new year can get a market-leading rate with this bank.
  
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• HMRC urges Brits to check if they can save £2,000 with tax perk in 2026

  29-12-2025 15:06 via express.co.uk
  The scheme has existed for several years, but HMRC says many families still do not realise they qualify.
  
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• Drivers urged to spend £15 at Asda before Wednesday

  29-12-2025 15:03 via express.co.uk
  Drivers only have days left to cash in on a bargain deal.
  
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• DWP confirms key new year Universal Credit payment date change

  29-12-2025 14:55 via express.co.uk
  Benefit claimants should prepare for the payment change in advance.
  
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• ‘Why should we pay these criminals?’: the hidden world of ransomware negotiations

  29-12-2025 14:38 via theguardian.com
  Cybersecurity experts reveal what they do for high-profile clients targeted by hackers such as Scattered Spider They call it “stopping the bleeding”: the vital window to prevent an entire database from being ransacked by criminals or a production line grinding to a halt.When a call comes into the cybersecurity firm S-RM, headquartered on Whitechapel High Street in east London, a hacked business or institution may have just minutes to protect themselves. Continue reading...
  
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• Nearly half of Americans believe their financial security is getting worse, poll finds

  29-12-2025 13:00 via theguardian.com
  Exclusive poll: Americans are also increasingly blaming the White House for their financial woesTwice as many Americans believe their financial security is getting worse than better, according to an exclusive new poll conducted for the Guardian, and they are increasingly blaming the White House.The poll, conducted by Harris, will be a further blow to Donald Trump’s efforts to fight off criticism of his handling of the economy and contains some worrying findings for the president.Nearly hal
  
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• Americans are waking up. A grand reckoning awaits us | Robert Reich

  29-12-2025 12:00 via theguardian.com
  I’d like to believe that the horrific darkness of this past year is a necessary prelude to a brighter and saner futureAbout a year ago, at the start of the Trump 2.0 regime, a woman was about to pass me on the sidewalk and then stopped, turned toward me and almost shouted: “It’s a fucking nightmare!”It has been a “fucking nightmare”. Continue reading...
  
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• Pensions timebomb: why Europe’s social contract is becoming unsustainable

  29-12-2025 11:00 via theguardian.com
  Ageing populations and falling birthrates have left ever fewer workers to support growing number of retireesIt has played a starring role in one of the worst periods of political turmoil in France since the 1960s. In Germany, it threatens the future of the coalition government. In Spain, thousands have taken to the streets to demand change.The right to a decent state pension has been a central plank of the European social contract for decades, but people are living longer, birthrates are falling
  
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• UK accounting body to halt remote exams amid AI cheating

  29-12-2025 09:19 via theguardian.com
  Candidates will have to sit assessments in person unless there are exceptional circumstances, says ACCABusiness live – latest updatesThe world’s largest accounting body is to stop students being allowed to take exams remotely to crack down on a rise in cheating on tests that underpin professional qualifications.The Association of Chartered Certified Accountants (ACCA), which has almost 260,000 members, has said that from March it will stop allowing students to take online exams in al
  
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• Air passengers warned of higher fares as regional airports face bigger tax bills

  29-12-2025 08:58 via theguardian.com
  Manchester and Bristol among those worst hit as most airports face bills more than doubling in next three yearsBusiness live – latest updatesAir passengers are being warned to brace for ticket rises as regional airports across the UK face “unprecedented” rises in property tax next year.Analysis of government data for PA Media has revealed regional airports are among those facing the steepest increases in business rates of any sector in the UK amid an overhaul of property valuat
  
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• Kettles to roof leaks: expert tips on home care to avoid surprise bills

  29-12-2025 08:00 via theguardian.com
  Prevention and and keeping on top of the small problems will save you money in the long termLooking after electrical goods will save you money in the long term. “Regular, small tasks keep appliances working efficiently and help you avoid early replacements,” says Paula Higgins, the founder of the HomeOwners Alliance. Continue reading...
  
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• ‘Too important not to fight for’: Spain’s wine industry seeks infusion of new blood

  29-12-2025 07:00 via theguardian.com
  Rural depopulation compounding challenges of climate emergency and changing technologies in drawing young people to sectorThe huge concrete vats that have held countless litres of verdejo white wine in the 90 years since the Cuatro Rayas cooperative winery was founded are dwarfed by the stainless steels tanks that sit opposite and serve as reminders that, even in an enterprise as ancient as winemaking, times change.Outside, a chilly but welcome rain falls on the surrounding vines, autumn-brown a
  
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• Gambling firms spent nearly £5m to advertise on TfL since London mayor’s ban pledge

  29-12-2025 06:00 via theguardian.com
  Sadiq Khan’s office blames delay on lack of government guidance on links between gambling ads and harmGambling companies have spent nearly £5m to advertise on the London transport network since Sadiq Khan pledged to stop them from doing so, amid a prolonged impasse between the mayor’s office and the government.Khan said during his 2021 mayoral election campaign that he would order Transport for London (TfL) to extend a ban on junk food ads to cover online casinos and bookmakers
  
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• Help UK ceramics industry or ‘lose piece of national identity’, government told

  29-12-2025 01:01 via theguardian.com
  Unions and thinktank urge action to save sector hit by sky-high energy bills, cheap imports and underinvestmentBritain will lose a piece of its national identity if the country’s ceramics industry is allowed to descend further into crisis without state assistance, the government has been warned.Ceramics producers including the struggling potteries of Staffordshire have come under huge pressure owing to factors such as the UK’s sky-high energy costs, leading to job losses. Continue re
  
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