Each year, the (DWP) distributes a one-off tax-free £10 payment just before Christmas to people who get certain benefits, such as Pension Credit, in a specified qualifying week, which is normally the first full week of December. Charities are labelling the DWP’s annual Christmas Bonus as “insulting” in calls for the …
Read More »Pornhub owner resolves US probe into sex trafficking ties by paying $1.8 million
Check out what’s clicking on FoxBusiness.com The parent company of Pornhub.com agreed on Thursday in a Brooklyn, New York court to pay $1.8 million to the U.S. government in an effort to resolve a probe into its ties with an alleged sex trafficking operation, according to federal prosecutors. The U.S. …
Read More »Nationwide crisis as millions face having ‘no cash over Christmas’ | Personal Finance | Finance
Nationwide is facing a Christmas crisis as millions of customers face having no cash over the holiday season as thousands of transactions pend. The reason for this is that the bank is experiencing a technical issue which means transactions across the country are still pending. On Thursday the bank admitted …
Read More »Honda recalls 2.5 million vehicles due to fuel pump issue
Check out what’s clicking on FoxBusiness.com A fuel pump-related issue has prompted Honda to issue a recall of over 2.5 million vehicles. The recall, submitted to the National Highway Traffic Safety Administration on Monday by American Honda Motor Co., spans model years for a slew of the automaker’s Honda and …
Read More »Britons forced to cut back Christmas spending as cost of living bites | Personal Finance | Finance
British workers struggling with the rising cost of living are being forced to cut back on their Christmas spending. A survey by employee benefits provider Unum found more than 85 percent of workers are looking to cut back their spending over the festive season. The research found rising bills are …
Read More »Thomson Reuters aims to help non-engineers develop AI skills
Andersen Capital Management CIO Peter Andersen discusses technologys influence in the markets, his outlook for Apple and the Federal Reserves management of rate hikes. Thomson Reuters’ recently released generative artificial intelligence (AI) platform features an “AI skills factory” that allows subject-matter experts who are not engineers or software developers to …
Read More »Inheritance tax to be ‘battleground policy’ in general election as receipts rise by £400m | Personal Finance | Finance
The latest figures from HM Revenue and Customs (HMRC) show that inheritance tax receipts increased to £5.2 billion in the eight months from April 2023 to November 2023. This is a £400 million increase from the same period in the previous year and continues the upward trend over the last …
Read More »Powerball jackpot at $620M after no winner in December 20 drawing
The Powerball jackpot continues to rise after no tickets matched all six numbers Wednesday night to claim the $576 million grand prize. The jackpot now sits at an estimated $620 million – with a one-time cash payout option of $310.8 million – ahead of Saturday night’s drawing. The winning numbers …
Read More »My forecast for next year’s financial winners and losers | Personal Finance | Finance
Annualised consumer price inflation of 3.9 per cent in November is the lowest since September 2021 (Image: Getty) The inflationary surge of the last two years has cast a huge shadow over everybody and everything. Combined with the energy shock, it’s triggered a desperate cost-of-living crisis, that’s left millions facing …
Read More »Dunkin’ moving away from coconut milk in US
The popularity of pumpkin spice has exploded in recent years, especially as an ingredient in coffee. And now, it’s in foods like donuts, muffins and goldfish crackers. Dunkin’ will stop offering customers coconut milk for beverages in the U.S., the coffee and donut chain told FOX Business in a statement. …
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