Santander compensation payout update
Santander UK is preparing to compensate customers for mis-sold motor finance deals. The bank faces a considerable profit decline amid this scandal.
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Santander UK is preparing to compensate customers for mis-sold motor finance deals. The bank faces a considerable profit decline amid this scandal.
The Pension Schemes Bill's passage represents a notable change in the UK's pension investment landscape, despite industry concerns.
The financial crisis intensifies for UK businesses, with significant distress reported amid rising taxes and geopolitical tensions.
Matt Swannell highlights the precarious state of the UK economy, indicating potential job losses and declining business confidence.
The International Monetary Fund has issued stark warnings about the potential for a global recession due to the ongoing conflict in Iran, predicting significant economic fallout.
The UK housing market is facing a significant slump, with property prices dropping and transaction rates declining sharply as economic uncertainties loom.
The National Living Wage will rise to £12.71 an hour starting April 1, 2026, benefiting approximately 2.4 million low-paid workers across the UK.
Rachel Reeves, the Chancellor of the Exchequer, is set to address MPs about the economic impact of the ongoing war and energy security measures.
The UK government is set to ban retentions in construction, aiming to protect small firms from insolvency and late payments. This move is expected to transform the industry.
The FTSE 100 has seen a significant drop, closing 0.24% lower as geopolitical tensions escalate due to the US-Iran war.