Category: News

Aldi and Lidl, the discount supermarkets, have enjoyed record Christmas trading amid the cost of living crisis.

The price of bitcoin surged past the $45,000 mark, its highest since April 2022, on speculation that the US authorities are close to approving the first mainstream crypto-focused exchange-traded funds.

A public inquiry into the Horizon IT scandal at the Post Office has produced enough evidence for police to investigate senior staff, according to lawyers for postmasters who were wrongly convicted of crimes including theft and fraud.

The London Stock Exchange has ended the year trailing rival markets in Europe and the US, as a stagnating economy and a volatile political climate deterred investment and cast a shadow over the nation’s economic prospects.

House prices fell 1.8 per cent over the course of 2023, and are unlikely to rebound next year according to Nationwide.

Nearly 4,800 ‘festive filers’ filled out their tax returns on Christmas Day, according to HM Revenue and Customs (HMRC).

Increased tax compliance measures have yielded £11.4bn in unpaid tax as investigations into rich people and mid-size businesses grew.

British households will benefit from improved routes for recycling electronic goods from 2026, under government plans to have producers and retailers pay for household and in-store collections.

The government is considering axing inheritance tax in three months’ time in a pre-election giveaway to boost Rishi Sunak’s chances of victory.

The Post Office has cut the size of the compensation pot it set aside to pay branch managers wrongly convicted of theft and false accounting by half.

Barclays has reached an agreement to stay in its Canary Wharf headquarters until at least 2039, in a boost to the London docklands financial district following a string of exits from other high profile firms. 

Chancellor Jeremy Hunt is in Switzerland to sign a deal that makes it easier for UK and Swiss financial firms to deal with each other.