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Insurers may be failing in their duty to offer fair value when 40% of motorists do not make a fuss over often big hikesIt is a familiar scene: you open the renewal letter from your insurer, and the quote is much higher than last year, even though nothi…
Such a move would discourage investment and lead to further increases in prices, says chief executive Alex BaldockThe boss of Currys, the UK’s biggest electrical goods retailer, has urged the government not to increases taxes on retailers this year, sa…
Only days before reunion tour begins, CMA raises concerns that fans may have been misled by companyThe UK competition watchdog has written to Ticketmaster threatening legal action over the way it sold more than 900,000 tickets for Oasis’s reunion tour,…
Ofgem approves investment amid push by government to expand UK’s renewables sectorBusiness live – latest updatesEnergy companies have been given the green light to spend nearly £24bn on Great Britain’s electricity grid, in a move that will further incr…
Committee says products may not be best use of public money and may have been mis-sold to people on certain benefitsLifetime Isas could lead to savers making poor investment decisions and may not be the best use of public money, a cross-party committee…
Digital bank hopes to tempt switchers with package including in-credit interest and fee-free travel spendingThe battle for bank customers intensified this week, with a new player entering the UK current account market and offering cashback on bills and…
Fashion retailer confirms it has closed the accounts of some customers for breach of its ‘fair use’ policyShoppers using the online retailer Asos have complained about having their accounts closed and being accused of breaching a “fair use” policy on r…
Frozen tax thresholds mean extra 500,000 to be taxed at 40% on some income in 2025-26, HMRC figures showThe number of people in the UK paying income tax at the higher rate is expected to increase by 500,000 this tax year, to more than 7 million, accord…
RTS meters in 300,000 homes to be phased out rather than turned off on 30 June deadlineAs the temperature climbed towards 30C the peril of turning off a system that could leave people with their heating stuck on full must have looked like an avoidable …
Man jailed after using gadget in his car in London to message victims without being stopped by mobile networkA portable phone mast that blitzes every nearby mobile phone with credible-looking scam text messages is the latest weapon being used by frauds…