Leonardo Hopeful for Somerset Factory in £1bn UK Talks
Italian helicopter maker Leonardo expresses optimism about its Yeovil factory's future after talks with the UK government on a £1bn contract, crucial for 3,000 jobs and the local economy.
Category : Business
Rachel Reeves Confirms £575 Pension Increase - Not All Benefit
Chancellor Rachel Reeves has confirmed new state pension rates for 2026/27 under the triple lock system, with payments increasing from April. However, the amount received varies significantly depending on age and pension type.
Rolls-Royce £1.5bn Share Buyback and Record Profits
Rolls-Royce is set to unveil a £1.5bn share buyback program alongside annual profits expected to reach £3.2bn, marking a major turnaround under CEO Tufan Erginbilgic.
HMRC: £1,000 Online Sales Rule Could Trigger Criminal Probes
UK households selling items on platforms like Vinted and eBay must declare earnings over £1,000 annually to HMRC or risk criminal investigation, experts warn. New data-sharing agreements mean tax authorities now monitor high-volume sellers closely.
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UK Job Vacancies Hit Lowest Level Since Covid Pandemic
UK job openings have fallen to their lowest point since 2021, with London experiencing the steepest decline. Advertised salaries rose 6% despite the drop in vacancies.
HMRC Warns 860,000 to Prepare for New Tax Digital System
HMRC is urging over 860,000 sole traders and landlords to comply with the new Making Tax Digital system, even if they don't receive a letter, with thresholds starting at £50,000 this April.
HMRC Warns 860,000 Traders and Landlords Over New Tax System
HMRC is writing to over 860,000 sole traders and landlords about the new Making Tax Digital system, but warns that even those who don't receive letters must comply with the legal requirements starting this spring.
Sainsbury's Driver Hit with £500 Bill Over Contaminated Diesel
A Sainsbury's driver incurred a £500 bill after purchasing contaminated diesel at a Worcester supermarket, with water found in the fuel pumps during a specific period.
Lloyds Bank Ends Post Office Cheque Deposits
Lloyds Bank has discontinued cheque deposits at Post Offices, impacting millions. Customers can still use mobile apps, cash services, and a new freepost option.
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Franco Manca and The Real Greek Could Be Sold to Save Brands
Fulham Shore, owner of Franco Manca and The Real Greek, has hired consultants Alvarez & Marsal to review strategic options, including a potential sale, amid a challenging casual dining market.
O2 Warning After Man Gets £42,000 Bill for Data Roaming
A small business owner received a £42,000 bill from O2 for data roaming charges during a holiday in Morocco, sparking a warning about uncapped fees in phone contracts.
Morrisons Charges for ATM Withdrawals at Convenience Stores
Morrisons has introduced fees for cash withdrawals at ATMs in dozens of Morrisons Daily stores across the UK, including Birmingham locations, sparking customer outrage and highlighting a broader decline in free-to-use ATMs nationwide.
Tesco's Gender-Neutral Gingerbread Sparks Customer Fury
Tesco has joined Morrisons and Sainsbury's in rebranding gingerbread men as 'people', triggering a wave of criticism from shoppers who call the move 'pathetic' and 'woke'.
Eddie Bauer Collapses: Gift Cards Expire March 12
Eddie Bauer's retail chain has filed for bankruptcy, with gift cards and loyalty points expiring on March 12. All sales are final as the company liquidates its US and Canadian stores.
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Millom's £29.3m Iron Line Visitor Centre Contractor Confirmed
Cumberland Council has approved Story Construction as the contractor for the £29.3 million Iron Line visitor centre in Millom, with planning permission set for debate this week. The development includes a café, viewing platform, and eco-friendly features.
Amazon's Frameo Photo Frame Under £50 in 41% Off Deal
Amazon shoppers are praising the Frameo WiFi Digital Photo Frame as 'absolutely brilliant' with a 41% discount reducing the price to just £47.47 until March 1 or while stocks last.
ATS Euromaster Exits UK, 703 Jobs at Risk
Birmingham-based ATS Euromaster confirms plans to cease UK trading, closing 86 service centres and risking 703 jobs, with 49 sites to be sold to rivals.
Next's £35 Hoodie: Nine Colours, Perfect Fit, Shoppers Rave
Shoppers are praising Next's Relaxed Fit Longline Hoodie for its comfort, perfect fit, and variety of nine colours. Priced at £35, it has earned a 4.6-star rating with customers calling it a versatile essential for lounging and travel.
Scottish Jeweller The Ringmaker Enters Liquidation After 40 Years
The Ringmaker, a respected Scottish jewellery company operating since 1985, has fallen into liquidation, resulting in nine redundancies and closure of its Glasgow and Edinburgh stores.
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M&S £40 Handbag Sells Fast, Fans Call It 'Expensive Looking'
Fashion fans are rushing to buy Marks & Spencer's Suedette Croc Effect Double Chain Shoulder Bag, priced at £40. Shoppers praise its luxurious appearance and spacious design, saying it fits more than just a mobile phone.
HMRC Tax-Free Allowance Increased to £20,070
The HMRC has increased the tax-free personal allowance to £20,070 for some individuals. Additionally, the Rent a Room scheme allows up to £7,500 in annual rental income tax-free, with specific conditions for joint lettings and property types.
Nationwide Customers Get Update on Building Society Changes
Government officials have announced upcoming legal reforms affecting Nationwide Building Society customers, with statutory instruments expected before summer recess.
Cancel Direct Debits to Boost Retirement by £37,000
UK households waste £39 monthly on unused direct debits. Redirecting this money into pensions could add £37,000 to retirement funds, according to Standard Life analysis.
Boots Cuts Jimmy Choo Perfume Price to £35 for Mother's Day
Boots has halved the price of the Jimmy Choo Eau de Parfum 60ml from £70 to just £35 for a limited time, making it an ideal Mother's Day gift with high customer ratings.
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Savings Alert: More Accounts, Lower Rates
A surge in savings deals to record highs contrasts sharply with declining average interest rates, prompting financial experts to warn savers against complacency and inflation erosion.
Popular Farm Shop Closes Suddenly, All Staff Made Redundant
Spuds and Berries farm shop on Hull Road near Hemingborough has closed unexpectedly, leaving all staff redundant and without final pay. The beloved local and tourist spot was cleared out abruptly.
Lloyds Bank to Close 14 UK Branches in March
Lloyds Bank will shut 14 branches across the UK in March 2026, continuing the trend of banks leaving high streets. The closures will leave 610 branches remaining, with alternatives like online banking offered.
Boost Pension by £37,000: Avoid 5 Common Mistakes
Consumer group Which? reveals how avoiding five common pension errors could increase your retirement savings by £37,000. Learn about delaying planning, cutting contributions, and losing track of old pots.
Honda Recalls 46,000 UK Civics Over Wheel Safety Issue
Honda has issued a major recall for over 46,000 Civic models in the UK due to a defect that could cause wheels to detach while driving, posing serious safety risks.
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UK Regulators Crack Down on Buy Now Pay Later Debt Risks
New FCA rules bring Buy Now Pay Later firms under strict oversight, requiring affordability checks and consumer protections for 11 million users.
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