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Research finds it would take average worker saving all their earnings for 52 years to match wealth of richest 10th of societyIt would take the average earner in the UK 52 years’ worth of earnings to become as wealthy as the richest 10%, according to ne…
City regulator unveils compensation scheme for motorists who bought cars via discretionary commission deals from 2007 to 2024Victims of the UK’s car finance scandal are likely to receive compensation payouts averaging £700 resulting from 14m unfair loa…
Precious metal having biggest rally since 1970s amid political uncertainty in US, France and JapanBusiness live – latest updatesThe price of gold has risen above $4,000 (£2,980) per ounce for the first time as investors continue to seek a safe place to…
Cost of a typical home fell £794 to £298,184 in September after 0.2% monthly rise in August, says HalifaxBusiness live – latest updatesUK house prices rose by a slower-than-expected 1.3% in the year to September, according to Halifax, the weakest annua…
Some claims companies shut down, others told to stop taking on clients and misleading ads ordered to be pulledUK regulators have shut down some claims companies and ordered others to stop taking on clients as they step up a crackdown on firms making mi…
CMA poised to give verdict after appeal by five firms for permission to increase bills higher than allowed by OfwatMillions of households in England face the prospect of even bigger water bill increases than originally expected, as the competition regu…
Proposed government overhaul of house purchase process looks at shifting some costs from buyers to sellersMinisters are attempting to cut the time it takes to buy a home by four weeks under new proposals aimed at overhauling the housebuying process.The…
EVs rise nearly a third in September compared with a year earlier, as plug-in hybrids jump by 56%British electric car sales hit a record high in September as new taxpayer subsidies helped to attract buyers in the most important month for the market.Bat…
Women’s average monthly earnings fall by 42% compared with one year before birth, ONS study findsMothers lose an average of £65,618 in pay by the time their first child turns five, as the “motherhood penalty” risks their financial security, official fi…
Nationwide says prices rose by 0.5% in September after August drop, lifting average price of property to £271,995Business live – latest newsThe UK property market returned to growth in September after a summer lull, with house prices rising 0.5% compar…