The Lego Group is continuing to build its empire, investing $366 million to build a new 2 million-square-foot warehouse in Prince George County, Virginia. Virginia Gov. Glenn Youngkin announced Thursday the warehouse will employ over 300. “The Lego Group is not just a household name, it’s a symbol of creativity, …
Read More ȣ3 bus fare scheme faces major blow as Rachel Reeves could scrap cap | Personal Finance | Finance
The £3 single ticket cap, a measure meant to keep bus fares affordable for tens of thousands of passengers, could be scrapped. The universal £3 limit is set to be axed in favour of a more “targeted” approach, according to the Mirror. Transport Secretary Heidi Alexander refused to say if …
Read More »Mortgage rates unchanged at 6.76%: Freddie Mac
‘Mansion Global’ host Katrina Campins discusses the best time to put property on the market on ‘The Claman Countdown.’ Mortgage rates remained flat this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed …
Read More »People working from home could face HMRC bill | Personal Finance | Finance
HMRC is set to crack down on individuals who have incorrectly claimed tax relief for working from home. While many were entitled to this relief during the height of the pandemic, changes in the rules mean that some may no longer be eligible and could now face repayment demands. According …
Read More »Toyota says tariffs already impacting business while trying to look ahead
Milken Institute International Chair Curtis S. Chin on the importance of a ‘sustainable’ trade relationship between the U.S. and China and his recent trip to Saudi Arabia, where President Donald Trump will also soon visit. Toyota executives predict President Donald Trump’s automobile tariffs will cost the company $1.3 billion in …
Read More »Interest rates LIVE: Bank of England urged to make cut to 4% | Personal Finance | Finance
A rate cut helps ease financial burdens on households by lowering borrowing costs. For those with variable-rate mortgages or loans, you might see a decrease in monthly payments. However, it may also lead to lower returns on savings accounts. To help secure better returns for longer, it might be worth …
Read More »Invenergy will invest $11B to strengthen US electrical infrastructure
Invenergy founder and CEO Michael Polsky joins ‘Mornings with Maria’ to announce a $1.7 billion investment in a new energy transmission line, aimed at strengthening America’s electricity infrastructure. Invenergy said Wednesday it had awarded a combined $1.7 billion, part of a total $11 billion, to a pair of companies as …
Read More »DWP offering £295 a month boost to those with pain in their joints | Personal Finance | Finance
Government support may be on offer to those with pain in their joints – and could be worth at least £295 a month. Figures from the Department for Work and Pensions (DWP) showed nearly 500,000 people across the country receive Attendance Allowance support for arthritis. This type of support is …
Read More »Federal Reserve leaves key interest rate unchanged amid economic uncertainty
‘Kudlow’ panelists David Bahnsen and EJ Antoni discuss the possibility of removing Fed Chair Jerome Powell from office. The Federal Reserve on Wednesday announced that it will leave its benchmark interest rate unchanged as policymakers continue to monitor inflation and the labor market amid elevated levels of economic uncertainty. The …
Read More »Older state pensioners can cut TV licence to £0 after price rise | Personal Finance | Finance
TV licence costs have gone up again this spring – along with many other household bills – leaving pensioners in particular trying to find ways to make ends meet on their weekly state pension. Despite the surge in popularity of streaming platforms like Netflix, Disney Plus and Amazon Prime Video, …
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