News
Interest rate to be capped on some student loans
3+ hour, 51+ min ago (510+ words) Interest rates on plan 2 and 3 student loans will be capped at 6% for one year from September, the government has announced. The measure will protect students and graduates in England and Wales from the potential of inflation pressures due to the…...
UK caps student loan interest rates at 6% citing global inflation risks
4+ hour, 50+ min ago (341+ words) LONDON, April 7 (Reuters) - Britain said on Tuesday it would cap interest rates on millions of student loans at 6% from September "2026, saying conflict in the Middle East risked pushing up inflation and "sharply increasing borrowing costs for graduates. The student loan…...
UK services industry hit by Iran war as ‘stagflation’ risks increase
5+ hour, 11+ min ago (421+ words) Activity in the UK's services sector slowed last month as business and consumer spending were hit by war in the Middle East while cost inflation accelerated, increasing the risk of "stagflation, according to a new survey. The S&P Global…...
FTSE 100 Live: Stocks set for cautious start as Trump Iran deal awaited
3+ hour, 41+ min ago (610+ words) It's a very quiet morning in terms of company news, particularly for FTSE 350 companies. Extra attention for'Hunting then, as it flags winning almost $68 million of orders for a new offshore development in Guyana, most of which are for its titanium…...
Job-hugging, raiding savings and putting life on pause: new research reveals three ways economic uncertainty is quietly remaking America's workforce
1+ day, 11+ min ago (543+ words) Retirement and other milestones delayed: Financial pressures are forcing workers to delay retirement by nearly four years, postpone major purchases like homes, and lead 35% to have taken hardship withdrawals. Job-hugging: 62% prioritize long-term security over higher pay and better benefits, and…...
World not prepared for interest rate shock, warns JP Morgan boss
22+ hour, 14+ min ago (576+ words) The global economy will be rocked by an even bigger interest rate shock than expected from war in Iran, JP Morgan's boss has warned. Jamie Dimon, head of the world's biggest bank, said on Monday that borrowing costs could be…...
Dollar steady as traders fret about escalating Iran war
1+ day, 10+ hour ago (645+ words) SINGAPORE, April 6 (Reuters) - The dollar was steady on Monday, while the yen flirted with the crucial 160 per dollar level as nervous investors took stock of the escalating Iran war, with all eyes on the latest deadline from U.S. President "Donald Trump…...
Isa savers under 65 have ‘last chance’ in the new 2026-27 tax year
2+ day, 13+ hour ago (1012+ words) Many Isa savers will have a "last chance" as the new tax year gets underway to stash their full "20,000 allowance in cash. The new tax year, starting from April 6, gives Isa savers the opportunity to put up to "20,000 away under…...
Iran War: Energy Damage Could Make or Break India ETFs
1+ week, 3+ day ago (424+ words) India's private sector activity moderated to its slowest pace since October 2022 in March, as weak domestic demand offset a surge in export orders, according to the HSBC flash Purchasing Managers' Index compiled by S&P Global, as quoted on CNBC....
Charting the Global Economy: Oil Storms Higher on War Escalation
3+ day, 2+ hour ago (580+ words) (Bloomberg) -- Iran targeted more sites in Arab Gulf states overnight and into Friday, hours after US President Donald Trump issued fresh threats against Iranian infrastructure to pressure Tehran to start peace negotiations. Abu Dhabi suspended operations at its largest natural…...