ECONOMY

Shadow Chancellor Mel Stride has doubled down on his claim that stamp duty should be abolished in order to unlock a 'bunged up' property market.Home buyers must pay stamp duty when they purchase a property and the tax can add thousands - or…

Twenty years ago, the government set out a proposed timetable for increasing the state pension age to 68. As a 32-year-old, it galvanised my interest in retirement saving.And I wasn’t alone. I remember that the website I was managing at the…

The TSB name is set to be phased out across Britain's high streets after the lender was taken over by Santander, reports claim. TSB has been a brand name in Britain for more than 200 years but is set to undergo a radical shakeup after…

House prices remain almost at a standstill, according to latest figures from Halifax.The average property price is now £299,313, compared to £297,781 this time last year, a 0.4 per cent annual increase.It means the typical home is worth…

The next big automotive breakthrough is about to hit our roads – and it could spell the end of the braking system we've relied on for more than a century.Brake giant Brembo has confirmed its fully electronic 'brake‑by‑wire' system is now in…

Landlords need to send a PDF document to their tenants by the end of this month or risk being fined £7,000 per property they own. After the Renters' Rights Act came into force last week, it is a legal requirement for landlords to…

More than a quarter of affluent savers have taken steps to try and reduce the inheritance tax bill they leave behind, data shows. In a survey by Paragon Bank, sixty-one per cent of active savers with balances of at least £50,000 said…

The crisis on the High Street is deepening after the biggest fall in shopper numbers since Covid lockdowns five years ago.As the industry reels from the collapse of firms such as Claire’s Accessories and looming closures at TG Jones, the…

There must be sympathy for Katie Potts, the lead fund manager at Herald Investment Trust (HIT). In a field where performance is everything, Potts delved into early-stage tech and came up trumps, producing annual returns as high as 40…

The hotel giant owner of Holiday Inn and Crowne Plaza has been rocked by a collapse in business in the Middle East.Intercontinental Hotels Group (IHG) said revenue per available room – a key industry metric – fell 26 per cent in the region…