Category Archives: Business
July 13, 2025
State Pension Age Change: What You Need to Know About the 2026 Transition
The Department for Work and Pensions (DWP) has confirmed a major shift in the State Pension age, with the threshold gradually increasing from 66 to 67 starting in 2026. This change will affect millions of Britons, particularly those born between April 1960 and April 1977. Here’s what you need to know about how the transition will work—and when you can expect to […]
July 11, 2025
Cybercrime Crackdown: Four Arrested Over Major Retail Hacks Targeting M&S and Co-op
The National Crime Agency (NCA) has made a major breakthrough in its investigation into a series of crippling cyber-attacks that disrupted some of Britain’s biggest retailers, including Marks & Spencer, Co-op, and Harrods. Who Was Arrested? A 20-year-old woman in Staffordshire Three males (aged 17 to 19) in London and the West Midlands One suspect is a 19-year-old Latvian national The others are UK […]
July 9, 2025
Monzo Hit With £21m Fine Over Financial Crime Control Failures
The UK’s Financial Conduct Authority (FCA) has slapped digital bank Monzo with a £21.1 million fine for serious lapses in its financial crime controls, including allowing customers to register accounts using Buckingham Palace and 10 Downing Street as their addresses. What Went Wrong? The FCA found that between October 2018 and August 2020, Monzo’s anti-money laundering (AML) and fraud prevention systems were inadequate as the bank rapidly expanded. Despite warnings, Monzo continued […]
July 7, 2025
SocGen Predicts EUR/USD at 1.17 by End-2025: What’s Driving the Dollar’s Decline?
The EUR/USD exchange rate surged to a 45-month high near 1.1830 this week before a slight pullback. Société Générale (SocGen) forecasts further medium-term dollar weakness, projecting the pair to reach 1.17 by the end of 2025. However, analysts warn that after a sharp decline, the dollar may see short-term rebounds before resuming its downward trend. Key Factors Behind the Dollar’s Slide 1. Economic Risks & […]
July 7, 2025
Family Car Favoritism: Why Did My Mum Gift My Cousin a Free Car When I Had to Buy My Own?
A reader writes in with a family finance dilemma: *”When my cousin turned 17, my mum gave her an old car for free—no strings attached. But when I and my siblings turned 17, we had to work part-time jobs, save for months, and pay for everything ourselves. Why the double standard?”* The Dilemma: Unequal Treatment or […]
July 6, 2025
3 Warren Buffett Investing Principles Anyone Can Use
Warren Buffett, the “Oracle of Omaha,” has built a $100B+ fortune through smart, disciplined investing. While most of us can’t match his resources, we can adopt his timeless strategies. Here are three simple Buffett principles you can apply today—even with modest funds. 1. Stick to Your Circle of Competence “Risk comes from not knowing what you’re doing.” – Buffett Buffett […]
July 6, 2025
Rats in the Loft: Can You Sue the Previous Homeowner?
Buying a house only to discover a rat infestation can be a nightmare. But do you have any legal recourse against the seller? Here’s what you need to know if you find yourself in this situation. The Problem: Rats in a Newly Purchased Home A homeowner recently moved into a new property, only to later find rat droppings […]
July 5, 2025
UK Construction Sector Struggles: 6th Month of Decline Despite Housing Uptick
UK Construction Activity Continues Downward Trend The UK construction sector remained in contraction in June 2025, marking the sixth straight month of decline, according to the latest S&P Global UK Construction PMI®. 📉 Key Findings: Overall PMI: 48.8 (up from 47.9 in May, but still below 50 = contraction) House building rebounds slightly (50.7) – first growth since September 2024 Commercial construction […]