Reforms to salary sacrifice arrangements have edged closer to becoming law. During last year’s Budget, Chancellor Rachel Reeves revealed that savers will be required to pay National Insurance to HMRC if they enhance their pension funds through salary sacrifice by more than £2,000 annually. Earlier this month, peers voted to …
Read More »Florida drought deepens strain on citrus industry as growers battle costs, disease
Florida citrus grows inside a protective screen in Bartow, Florida. (FOX News) BARTOW, Florida – Florida is facing its worst drought in 25 years, intensifying pressure on a citrus industry already battered by disease, hurricanes and rising costs. According to the U.S. Drought Monitor, 100% of the state is experiencing some …
Read More »UK bills set to rise – check if you qualify for £200 bank switch deal to offset increases | Personal Finance | Finance
Katie Elliott On The Money (Image: -) April’s coming around fast, bringing longer, brighter days with it. Bluebells will line pathways, and winter-bare trees will be back in leaf. But there’s no rose without a thorn. The start of the month also brings another round of household bill rises, from …
Read More »General Motors recalls over 17,000 vehicles due to crash risk defect
Check out what’s clicking on FoxBusiness.com. General Motors has issued a recall affecting more than 17,000 vehicles over a rear toe link fracture that increases the risk of a crash. The recall from General Motors applies to about 17,050 Buicks due to a rear toe link fracture that can cause …
Read More »Martin Lewis says people with these conditions can cut council tax | Personal Finance | Finance
Money expert Martin Lewis has tried to spread the word about a little-known council tax exemption which could be worth thousands of pounds if you have certain conditions. In an episode of The Martin Lewis Podcast, released via BBC Sounds, Apple Music and Spotify last year, the Money Saving Expert …
Read More »Exodus accelerates as tech titans and companies flee blue states
JPMorgan Chase Chairman and CEO Jamie Dimon speaks from the America Business Forum in Miami, where he was asked about his opinion on the wealth and population migration to Florida. A growing number of billionaires, CEOs and major corporations are relocating from blue states to red states, pointing to lower …
Read More »‘Unwelcome news’ for house buyers as 500 mortgages disappear in hours | Personal Finance | Finance
Homebuyers have been given ‘unwelcome news’ (Image: Getty) Homebuyers have been given “unwelcome news” after hundreds of mortgages disappeared from the market in days. According to financial information website Moneyfacts nearly 500 deals disappeared over a 48-hour period. Turbulence in the market has also seen average mortgage rates passing the …
Read More »Trump announces first new US oil refinery in nearly 50 years in Texas
American Petroleum Institute President and CEO Mike Sommers says potential oil reserve release would be an ‘insurance policy’ on ‘Kudlow.’ President Donald Trump on Tuesday announced America First Refining (AFR) is opening the first new U.S. oil refinery in nearly half a century in Brownsville, Texas. Situated in a massive …
Read More »Huge new change confirmed for UK £5, £10, £20 and £50 notes | Personal Finance | Finance
For over half a century, the reverse side of British banknotes has displayed historical figures. However, a major change to UK banknotes has now been confirmed, with wildlife to feature on the next series of £5, £10, £20 and £50 notes. The Bank of England has announced that images of …
Read More »Federal appeals court terminates Biden SAVE student loan plan
Check out what’s clicking on FoxBusiness.com. A federal appeals court on Monday officially finalized the termination of the Saving on a Valuable Education (SAVE) plan, the Biden program that significantly lowered repayment rates for millions of student loan borrowers. The judgment, issued by the U.S. Court of Appeals for the …
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