Business

Hundreds of thousands of taxpayers are missing out on an average of £760 a year in unclaimed tax relief on their pensions. Government figures show three quarters of higher rate taxpayers have missed out on tax relief since 2016/2017, with £4.1billion in total unclaimed tax relief for higher and additional …

Sen. Markwayne Mullin, R-Okla., reacts to the U.S.-U.K. militaries launching strikes against Houthis in Yemen and weighs in on the Iowa caucuses on ‘The Bottom Line.’ The British oil company Shell reportedly has suspended all shipments through the Red Sea indefinitely amid the ongoing Houthi attacks from Yemen on commercial …

Millions of pounds of funding put into social care last year did nothing to improve the financial prospects of 84% of providers, a report states. Investment included £365million in ringfenced funding to councils to boost adult social care provision, plus £15million to help recruitment from abroad. According to a joint …

Scotch whisky brought £7.1billion into the UK economy in 2022, a report has revealed. The Scotch Whisky Association said whisky’s contribution to the economy in that year had increased by 29% since 2018. The industry is worth £5.3billion to Scotland alone, equating to around 3% of Gross Value Added – …

Auto expert Mike Caudill argues Elon Musk’s design of the Tesla Cybertruck will push potential buyers away on ‘Cavuto: Coast to Coast.’ Desperate Tesla owners in and around Chicago were seen trying to charge their vehicles with no luck amid frigid temperatures that have gripped the Midwest. Charging stations have …

Cold Weather Payments have activated for hundreds of thousands of people as the mercury plummets this week. The Department for Work and Pensions (DWP) has triggered the payments for 211,000 ahead of a cold spell expected to bring hazardous conditions to much of the country. National Severe Weather Warnings have …

The Spectator editor-at-large Ben Domenech joins ‘Varney & Co.’ to discuss the predicted impact Hunter tax charges could have on Biden’s campaign as the 2024 election looms.  West Virginia senator and possible independent presidential candidate Joe Manchin said he will meet with President Biden in the coming days to try …

Making pensions and other savings stretch was hard enough when people lived into their late 70s or 80s, but it’s even tougher with 550,835 people in England and Wales now living into their 90s. The number living to 100 has more than doubled in the past 20 years to 15,120, …

Check out what’s clicking on FoxBusiness.com Money-related New Year’s resolutions are common because, often, many people want to improve their financial situation. Unfortunately, merely stating intentions like “get out of debt in 2024” or “save more money” without concrete plans is often just a wish, which is why many resolutions …

Kent Reliance has increased the interest rate on its easy access savings account to 5.11 percent, earning an “excellent” Moneyfacts rating. The account can be opened with a minimum deposit of £1,000 and interest can be paid monthly or annually. Commenting on the deal, Rachel Springall, a finance expert at …