During the coming weeks and months, many more people may be able to buy a property they would previously assumed was out of their price range. One of Britain’s biggest mortgage lenders, Santander, has loosened its affordability rules to enable customers to borrow more, with other banks and building societies almost certain to follow suit.…
Parents with children in neonatal care will gain a day-one right to paid leave and pay in a move hailed as “a lifeline for parents” with sick babies. From Sunday, the measures will allow eligible parents to take up to 12 weeks of leave and pay, on top of maternity and paternity leave. Neonatal care…
When Donald Trump stood before union auto workers in the Rose Garden he declared “Liberation Day”, promising to stand up for Main Street. Whether that pledge will be fulfilled is moot. He will declare victory either way. What the US president offered was not just an economic programme, but an imperial one. Mr Trump’s logic,…
The Whitehaven coalmine’s planning application has been withdrawn, bringing an end to a process that could have created the UK’s first deep coalmine in 30 years in Cumbria. Planning permission for the mine was quashed in the high court last year which meant the Ministry of Housing, Communities and Local Government had to reassess the…
Sir Len Blavatnik speaks during an announcement between Saudi Pro League Al-Hilal Club, DAZN and Riyadh Season on the launch of their dedicated club channel Mark Robinson | Getty Images Sport | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high…
The US secretary of state, Marco Rubio, has downplayed the impact on global markets of Donald Trump’s tariffs. Speaking at a press conference during a meeting of Nato foreign ministers in Brussels, Rubio said the US needed ‘to get back to a time where we’re a country that can make things’ Business live – latest…
A glass factory in Wigan that produces fibreglass for electric cars and wind turbines faces closure and the loss of 250 jobs unless its Japanese owner can find a new partner or a buyer. In the latest blow to Britain’s industrial base, Nippon Electric Glass (NEG) announced a “strategic review” of its composites business Electric…
Twelve US copyright cases against OpenAI and Microsoft have been consolidated in New York, despite most of the authors and news outlets suing the companies being opposed to centralisation. A transfer order made by the US judicial panel on multidistrict litigation on Thursday said that centralisation will “allow a single judge to coordinate discovery, streamline…
The US added 228,000 jobs in March, far more than expected, as the US economy shook off the blow from the Trump administration’s deep cuts to federal workers. The figure was up from an adjusted 117,000 jobs added in February. Unemployment rose slightly to 4.2%. Economists anticipated 140,000 jobs would be added in March 2025,…
US president Donald Trump’s trade war, political elections and societal shifts ushering in dramatic change and dire public finances in multiple countries, the war in Ukraine and the Covid pandemic have been creating tumultous conditions on international markets for the past few years. We’d like to hear how people’s invested pension savings have been affected…
