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By Leah Montebello Updated: 22:01 GMT, 29 November 2023 Saudi Arabia is taking a 10 per cent stake in Heathrow as it steps up its investment in the UK. Its sovereign wealth fund, whose vast array of assets includes Newcastle United FC, has agreed to pay Spanish infrastructure giant Ferrovial £1billion for the shares. Ferrovial … Read more
LIVE By Live Commentary Updated: 08:26 GMT, 23 November 2023 The FTSE 100 is up 0.2 per cent in early trading. Among the companies with reports and trading updates today are Virgin Money, Jet2, Motorpoint, Weir Group, FirstGroup, Mitie Group and Hornby. Read the Thursday 23 November Business Live blog below. > If you are … Read more
Households have no relief from high energy bills, with prices set to stay high Energy regulator Ofgem today said the average £1,834 bill would rise by 5% By Sam Barker Updated: 09:38 GMT, 23 November 2023 The average household energy bill will soon rise by £94 to £1,928 a year, as regulator Ofgem today confirmed … Read more
Millions of drivers are wasting hundreds of pounds in fuel a year simply by not inflating their vehicle’s tyres correctly, according to a new study. Mechanics at a garage in Wales checked the pressures of 100 vehicles in for a service over the period of one month and found that 72 per cent had tyres … Read more
I own a couple of buy-to-lets that I want to sell. The fixed rate mortgages are coming up for renewal next year and, if interest rates remain roughly where they are, my costs will balloon and I’ll be making losses on both. One of the tenancies is due for renewal in April next year, while … Read more
It would be allowed where the property’s outside appearance did not change By David Churchill Chief Political Correspondent Updated: 23:43 GMT, 22 November 2023 Jeremy Hunt yesterday announced plans to scrap planning permission for property owners wanting to convert their homes into two flats. The Chancellor set out the measure as part of a package aimed … Read more
By This Is Money Updated: 18:38 GMT, 21 November 2023 NS&I blew its rivals out of the water in early autumn with a table-topping 6.2 per cent one-year fixed rate savings account. That was just one of the great savings deals NS&I was offering at the time, but those have since fizzled out. Now there … Read more
Cranswick’s sales increased to £1.25bn in the six months ending 23 September Turnover was boosted by price and volume growth across its core categories The firm supplies major British supermarkets, such as Tesco and Sainsbury’s By Harry Wise Updated: 18:16 GMT, 21 November 2023 Meat producer Cranswick has raised its annual guidance following a bumper … Read more
Metro Bank now offers the best easy-access and one year-fixed rate deals Its easy-access account pays 5.22% and its one year fix pays 5.91% A savings expert says the bank is trying to raise cash through retail savers By Helen Kirrane Updated: 13:46 GMT, 21 November 2023 For the first time, Metro Bank is offering … Read more
There is finally light at the end of the tunnel for beleaguered homeowners, as a dramatic drop in inflation announced last week could spell the end of mortgage rate misery. Annual inflation fell to 4.6 per cent in October from 6.7 per cent in September, surprising investors and the Bank of England. Over the past … Read more