Rishi Sunak’s Budget plans are ‘nothing like as generous as they appear’ and spending on most public services will be lower in 2025 than in 2010, according to a respected think tank. Paul Johnson, the director of the Institute for Fiscal Studies, said Mr Sunak’s investment proposals are ‘genuinely very big’ – but the cash … Read more

Allianz starts decade as the UK’s second-largest general insurer after completing deals worth £820m The Munich company has completed two £820 million deals The move puts the company just behind Aviva in the general insurance market By A Daily Mail Reporter Published: 23:00 GMT, 2 January 2020 | Updated: 10:08 GMT, 3 January 2020 Allianz … Read more

BT fined by Ofcom after the telecoms giant overcharged EE mobile customers who made calls to pricey 118 numbers Ofcom fined BT after it overcharged EE customers for calling 118 numbers  The watchdog introduced a cap on 118 numbers to ensure fairer pricing  BT did not implement this new rule immediately  By Grace Gausden For … Read more

Owner of Trafford Centre and Lakeside ‘could go bust’: Shopping centre giant Intu sees share price wiped out after slumping to a £2bn loss Annual loss rose from £1.17bn to over £2bn in the last year, dismal results show Group admits numbers show ‘material uncertainty’ to carry on as a business But, company insisting it still … Read more

Revealed: Millions of ‘dumb’ first generation smart meters were fitted last year as overall installation rates drop 12% Of the 4.5m meters installed, 1.5m were still first generation devices  These figures do not count towards supplier’s official targets  The number of installations has also dropped since 2018  By Grace Gausden For This Is Money Published: … Read more

The global stock crash will have horrified many savers who are living on income from their pension investments in retirement. The coronavirus crisis wiped nearly 8 per cent off the FTSE 100 in a single day on Monday, after Italy locked down its population and the oil price plummeted. Today, president Donald Trump’s ban on … Read more

The Chancellor staged a raid on the tax break for building a business yesterday as he slashed the lifetime limit on entrepreneurs’ relief from £10million to £1million. The move will hit serial entrepreneurs and those who have turned start-ups into medium-sized businesses and has been made due to fears that too much of the tax … Read more

Buying a Stairway to Heaven: Led Zeppelin’s record label Warner Music eyes stock market flotation Warner Music recently posted its highest quarterly revenue for sixteen years   Muse, Coldplay and Green Day are among many rock bands signed to Warner  Billionaire owner Len Blavatnik donated £200million to Harvard Medical School By Harry Wise For This Is … Read more

WH Smith shares tank as it warns coronavirus outbreak will hammer sales at its transport hub hotspots Shares in travel hub and high-street retailer fell over 16% earlier today  Annual profits to be hit to the tune of £40m, while revenues will be hit harder   By Jane Denton For Thisismoney Published: 10:54 GMT, 12 March … Read more

The Student Loans Company has a £28.5million pot of money belonging to university graduates which they can claim hundreds of pounds from. Between 2009-10 and 2017-18, the Government body in charge of student finance took £308million more in repayments than it should have, according to reports.  While the SLC said it had contacted everyone due … Read more