World of Business

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Wall Street-Backed ‘Trump Accounts’ Launch for Children Born 2025-2028

Trump accounts, a new savings program backed by Wall Street and authorized by Republicans, launch for children born 2025-2028 with $1,000 government seed money and investment options from major firms.

3 min read

Will Employers Match MG Finance's Flexibility for England's 1am World Cup Game?

As England's 1am World Cup match against Mexico approaches, businesses like MG Finance Group offer flexible start times, while others face challenges. Employers are urged to consider flexible working to support staff, balancing productivity and morale.

3 min read

Gareth Lewis, Deputy CEO (left/white shirt)and Joshua Elash, CEO and Co-Founder (right/red shirt)

Jersey's New Data Sharing Plan Sparks Mixed Reactions Over Credit Card Access

Jersey's new plan to share personal data aims to ease credit card applications, sparking mixed reactions from islanders about privacy and data sharing.

4 min read

Former John Lewis Chair Urges Tackling Workplace Sickness to Boost UK Growth

Sir Charlie Mayfield urges tackling long-term illness-related unemployment to unlock £212bn economic growth. Over 250 major UK employers join Get Britain Working taskforce to improve workplace health and reduce welfare costs.

3 min read

Commuters walking along a pavement in a city

SSE Airtricity to Raise Northern Ireland Bills by Over £70 Annually

SSE Airtricity will increase electricity bills for Northern Ireland customers by over £70 annually from 1 August due to higher wholesale costs and market volatility.

1 min read

A person looks at their bills at home. A pen is in one hand and a bill lies on a table. There are other objects on the table, like a calculator, a meter, a bulb and a cup

FTSE 100 Hits Four-Month Peak as European Markets Rally on Global Optimism

The FTSE 100 reached a four-month high amid hopes of a US-Iran peace deal and weaker US jobs data. European markets rallied, global food prices dipped, and oil prices fell to pre-war levels as maritime traffic through the Strait of Hormuz increased.

7 min read

Stock price information displayed on a board at the London Stock Exchange Group.

South Korea's AI Chip Boom Spurs Massive Bonuses Amid Rising Wealth Gap

South Korea’s AI chip boom, led by Samsung and SK Hynix, drives massive bonuses and luxury spending but widens wealth inequality, sparking debate on profit sharing.

5 min read

A white piggy bank with the South Korean flag sits atop a pile of gold coins

From Nana’s House to £10m Brand: Olivia Prince’s Murci Fashion Journey

Olivia Prince started selling clothes from her grandmother’s house, growing Murci into a £10m brand featured on Love Island with a 35-strong team.

5 min read

Olivia, a blonde haired woman wearing a light blue, v plunge neckline maxi dress stood in front of stone stairwell.

Analysis Reveals UK Infrastructure Cuts for Defence Will Cost 10,000 Jobs

Analysis reveals that UK infrastructure spending cuts to fund defence will cost 10,000 jobs, challenging government claims of job growth from increased defence investment.

5 min read

Prime Minister Keir Starmer and Chancellor Rachel Reeves stand in an aeronautics factory

Balancing Financial Stability and Lost Passion: Navigating Work and Life

After a career break, returning to work feels uninspiring. Eleanor Gordon-Smith advises embracing a purposeful, thoughtful relationship with work, showing children diverse attitudes toward employment and balancing financial needs with personal meaning.

4 min read

US Hospitality Jobs Decline in June Despite World Cup Expectations

US hospitality jobs fell by 61,000 in June despite World Cup expectations, with overall employment growth slowing and economists revising previous job gains downward.

2 min read

A group of Scotland fans cheer outside a bar called The White Bull Tavern.

Car Finance Compensation Payments Delayed Until 2027 Amid Legal Challenges

Millions of drivers mis-sold car finance deals face compensation delays until 2027 due to legal challenges. Average payouts expected at £829, with the FCA overseeing a £9.1bn scheme covering 12 million loans from 2007 to 2024.

6 min read

A young woman with short black hair and a white top sits in the driver's seat of a white hatchback, and looks at paperwork on a clipboard held by the car salesman, who wears a blue t-shirt and glasses.