ECONOMY

If you have a lump sum you won’t need to touch for some years, investing it is likely to produce better returns than leaving it in a savings account.Despite this, there are around seven million UK adults sitting on £10,000 or more but not…

When shopping for a second-hand car, one of the biggest concerns for buyers is whether it might be riddled with problems and become a drain on their finances.The reliability of any vehicle - new or old - ultimately comes down to how well it…

Stock market crashes are painful for all investors – but they are particularly vicious when they hit you at the point of retirement. So when Bank of England deputy governor Sarah Breeden said recently that visions of a collapse are giving…

Paul Jenkins has always been told the £4.5 million his father amassed as a self-made mogul would eventually be split between him and his sister Susan. Paul’s father Henry was proud to have built his fortune from scratch through astute…

Britain's largest local authority overpaid more than £600 million into its pension fund after being ordered to pump the emergency cash into a hole that 'never existed' leaving taxpayers 'fleeced', its former leader claimed this…

Britain's top City enforcer, Nikhil Rathi, has rejected claims that the Financial Conduct Authority, which he leads, was missing in action during the assault by American corporate raider Boaz Weinstein on Britain's investment trusts.'It's…

Burberry is expected to reveal a return to profit in its full year results on Thursday.Pre-tax profits for the year to March are forecast to be £88 million, according to data site Refinitiv, as other luxury goods firms face a gloomy…

American beef is set to flood the UK in a new trade deal, which British farmers warn will pile pressure on local agriculture with benefits 'likely to be one way'.The quota, part of a deal signed off by Donald Trump, will let 13,000 tons of…

Troubled housebuilder Vistry is facing a revolt at its annual shareholder meeting on Wednesday after two advisory firms raised concerns about the pay packages doled out to its executives.It comes as the FTSE 250 firm, which was previously…

Salon owners have warned that the sector is the 'toughest it's ever been' due to rising employment costs after Labour's tax raids.They also say its traditional role of offering young people first jobs sweeping up hair or learning as an…