ECONOMY

More people than ever are living to 100 so it is wise to plan your finances to stretch over a long retirement, according to experts..A man aged 65 now can expect to live to 85 and a woman to 88 on average, according to official…

For about 20 years, I've held several offshore bond policies with Canada Life which were set up by my financial adviser. Now I'm in my 50s and retired, I withdraw some cash from one policy every year to cover my living costs until I…

War in the Middle East ‘continues to stoke consumer anxiety’ as household confidence in the economy languishes at record lows.The longer the conflict continues, the more ‘uncertainty’ there is in the economy, the British Retail Consortium…

After bumping into Bank of England Governor Andrew Bailey in the heart of Washington last week, I expected the conversation to turn to the convulsions facing the world economy because of the current standoff in the Strait of Hormuz.But…

Labour has inflicted a sharper hike in taxes on jobs in Britain than that experienced by any other major economy, new analysis shows.The rise in the so-called 'tax wedge' last year was the biggest among 38 members of the Organisation for…

Clarks has returned to profit after two years – but major stockist Shoe Zone warned of a gloomy outlook as it is hit by Labour tax hikes and the Iran war.British shoe group Clarks posted profits of £44.8million for last year, having made a…

BP has rarely been out of the headlines over the last year with top-level boardroom reshuffles and merger speculation. At its lowest point, Shell was seen as a default buyer.Today’s annual meeting at Sunbury in Surrey will not be a tame…

Reckitt shares plunged to their lowest level in more than a year as it warned of weak sales and ‘geopolitical disruption’ related to Iran and Russia.The consumer goods giant, whose brands include Durex, Dettol, Nurofen and Vanish, said…

Labour’s Rachel Reeves will go down in history as one of the country’s most ruinous Chancellors.Since taking up her appointment in July 2024, she has overseen the economy’s near destruction by taxing consumers and businesses to the hilt to…

Ten Russell & Bromley shoe shops across Britain are due to or have already closed, just three months after the business was snapped up by Next. The British shoe brand's Covent Garden branch in London is closing its doors for…