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Post Office issues warning over hundreds of store closures as business rates soar by £29million
Rural Post Offices across Britain are warning they could be forced to close after a sharp rise in business rates left branches facing an additional £29million tax burden over the next year. The increases have fallen particularly heavily on countryside outlets, with the average rural branch expected to pay four times more than in 2023-24, while some businesses are facing rises of 200 per cent.An April revaluation, the first since the pandemic, pushed around 600 previously exempt branches above th...
Britain's debt mountain has grown faster than all other countries except BOTSWANA over the past 25 years
Britain's debt mountain has grown faster than all other countries except BOTSWANA over the past 25 yearsSee more Daily Mail on Google - save us as a Preferred SourceBy GREG HEFFER, POLITICAL CORRESPONDENT Published: 16:38, 8 June 2026 | Updated: 16:39, 8 June 2026 e-mail View comments
A Canadian Teacher Pension Fund Could Score A $11 Billion Windfall From SpaceX IPO
BreakingBusinessA Canadian Teacher Pension Fund Could Score A $11 Billion Windfall From SpaceX IPOByConor Murray,Forbes Staff. Murray is a Forbes news reporter covering entertainment trends.Follow AuthorJun 08, 2026, 11:37am EDTToplineA Canada-based teachers’ pension fund could earn a massive return of up to $11 billion on a private investment of about $220 million it made in billionaire Elon Musk’s SpaceX seven years ago.SpaceX is planning to go public this week. (Photo by Michael Yanow/NurPhot...
Nationwide nearly doubles CEO’s pay packet to £4.7m despite bonus row
Debbie Crosbie receives £3.2m in bonuses after mutual building society’s takeover of Virgin MoneyNationwide building society has nearly doubled the pay packet of its chief executive, Debbie Crosbie, a year after the board pushed through a controversial bonus scheme for its top boss. The mutual, which is owned by its members, released its annual report on Monday, showing Crosbie was handed £3.2m in bonuses – a combination of payouts for annual and longer-term performance – up from £1.1m a year...
Billionaire Saylor’s Strategy Buys Bitcoin Worth $101 Million—After Earlier Sale Sparked Sell-Off
BreakingBusinessBillionaire Saylor’s Strategy Buys Bitcoin Worth $101 Million—After Earlier Sale Sparked Sell-OffByTy Roush,Forbes Staff. Ty Roush is a breaking news reporter based in New York City.Follow AuthorJun 08, 2026, 11:14am EDTToplineStrategy on Monday disclosed a bitcoin purchase valued at more than $100 million, after billionaire Michael Saylor’s firm—the world’s largest institutional holder of bitcoin—announced a rare sale of the cryptocurrency amid a broad drop in the world’s most v...
Can a wage garnishment be taken from severance pay?
MoneyWatch: Managing Your Money Can a wage garnishment be taken from severance pay? We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Angelica Leicht Angelica Leicht Senior Editor, Managing Your Money Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits...
FCA sues Neil Woodford for allegedly offering unauthorised investment advice
Former investment star was banned from holding senior manager roles after collapse of popular equity fund The UK financial regulator is taking legal action against the former investment star Neil Woodford for allegedly offering unauthorised investment advice online, months after being banned from the City.The Financial Conduct Authority said it was seeking an injunction against Woodford and W4.0, a United Arab Emirates-registered company, to stop them carrying out “potentially unlawful activitie...
Will Indians Be Shielded From Fuel Price Shock? What Hardeep Puri told NDTV
The Middle East crisis has complicated India's energy arithmetic. Roughly 90% of India's crude imports and nearly 60 per cent of its LPG imports passed through the Strait of Hormuz.
Snowflake CEO Says ‘Better Be Paranoid Than Confident’ About SaaSpocalypse
InnovationAISnowflake CEO Says ‘Better Be Paranoid Than Confident’ About SaaSpocalypseByVictor Dey,Contributor.Forbes contributors publish independent expert analyses and insights. Victor Dey is an analyst and writer covering AI and emerging tech. Follow AuthorJun 08, 2026, 10:42am EDTSnowflake CEO Sridhar Ramaswamy warns SaaSpocalypse might not be over yet, as agentic AI keeps lowering the bar and cost of enterprise software development.SnowflakeMicrosoft owns a piece of Anthropic. According to...
Centre cuts subsidised LPG cylinders for Ujjwala beneficiaries from 9 to 4
The government has reduced the number of subsidised cooking gas cylinders available annually to beneficiaries of the Pradhan Mantri Ujjwala Yojana (PMUY) from 9 to four aligning the support with average household consumption levels, a senior government official said on Monday, PTI reported.
Confidential submission of draft S-1 to the SEC
OpenAI recently submitted a confidential S-1 to the SEC and has not decided on timing.
LIC Housing Finance asked to pay Rs 10 lakh after losing borrower’s original property papers
LIC Housing Finance must pay Rs 10 lakh compensation for losing a borrower's original property documents after loan repayment. The consumer commission upheld the order, finding the company guilty of deficiency in service. Despite the borrower's repeated requests, the lender failed to return the crucial title deeds, leading to the significant penalty.
Banned fund manager Neil Woodford facing City watchdog injunction
The City regulator is seeking an injunction against the former star fund manager Neil Woodford, claiming he is breaking the terms of a ban related to the collapse of his flagship fund in 2019.
The Iran War is Forcing Energy-Importing Countries to Turn Inward
The Iran war is pushing countries to prioritize domestic energy in order to protect themselves from volatile oil and natural gas markets.
Gift Card Draining: How Organized Crime Steals Millions From Shoppers
MoneyPersonal FinanceGift Card Draining: How Organized Crime Steals Millions From ShoppersBySteve Weisman,Contributor.Forbes contributors publish independent expert analyses and insights. Steve Weisman writes about white-collar crime.Follow AuthorJun 08, 2026, 09:25am EDTMiami Beach, Florida, Publix grocery store supermarket, gift cards display, Stop beware of scams warning sign. (Photo by: Jeffrey Greenberg/Universal Images Group via Getty Images)Jeffrey Greenberg/Universal Images Group via Get...
Rs 13,000 cr airport at Great Nicobar Island to improve India's forward posture in Indian Ocean
India is investing Rs 13,000 crore in Great Nicobar Island for a dual-use airport, bolstering civilian connectivity and military readiness near the vital Strait of Malacca. This strategic project enhances surveillance of crucial shipping lanes, impacting China's energy security and strengthening India's Indo-Pacific influence. The development also includes a trans-shipment hub, aiming to boost India's economic standing.
Hardeep Puri Explains How India Is Rewriting Its Energy Map As Wars Rage On
Before November 2022, Russia accounted for just 0.2 per cent of India's crude imports. Today, Puri confirmed, India is buying approximately 2.5 million barrels per day from Russia, a 12-fold increase.
Majority of first-time home buyers need Bank of Mum and Dad... but typically save £24,261 themselves
Majority of first-time home buyers need Bank of Mum and Dad... but typically save £24,261 themselvesSee more This is Money on Google - save us as a Preferred SourceBy JAMIE BOYS, REPORTER Updated: 14:15, 8 June 2026 e-mail 5 View comments
Why are Houthis threatening to attack Red Sea shipping and what does it mean for oil markets?
Yemen’s Houthis said on Monday that they would ban ships linked to Israel from the Red Sea after Israel renewed its military attacks on Iran, adding to concerns about global shipping and energy flows. This is why it matters and what it means for the Iran war and the global energy crisis: How big is the risk to global energy markets? Iran’s closure of the Strait of Hormuz since Israel and the United States attacked it on February 28 has disrupted most oil and other energy exports from the Gulf, r...
SWAMIH Fund explained: How it works, eligibility, and what's next
When a residential project runs out of funds midway through construction, homebuyers are often left paying EMIs and rent simultaneously while waiting for possession. To address such stalled housing projects, the Centre launched the Special Window for Affordable and Mid-Income Housing (SWAMIH) Fund in 2019.