Category : Markets


Powell's hawkish comments trigger Asian market sell-off

Federal Reserve Chairman Jerome Powell's firm indication that US interest rates will remain high for longer has triggered a sharp sell-off across Asian financial markets, with Tokyo's Nikkei leading the declines.

Barefoot Investor Crisis: La Trobe Account Frozen

Scott Pape's Barefoot Investor community faces a major crisis as La Trobe Financial abruptly freezes its popular Cash Management Account, blocking access to funds for more than 120,000 account holders.

Kingfisher Shares Dive on OECD UK Warning

B&Q owner Kingfisher hit by market turmoil following OECD's downgraded UK growth forecast, as Chancellor Rachel Reeves faces immediate economic pressure.

Powell Defends Fed Independence Amid Trump Pressure

Federal Reserve Chair Jerome Powell delivers unprecedented testimony, defending the central bank's autonomy amid mounting political pressure from the Trump White House over interest rate policy.

Bezos's Dad Astonished by Amazon's Success

Miguel Bezos, the adoptive father of Amazon founder Jeff Bezos, opens up about his astonishment at his son's journey from a simple garage startup to a global tech titan.

Trump's Tylenol Gaffe Sends Wall Street into Frenzy

Former President Donald Trump's confusion between Tylenol and hydroxychloroquine during the presidential debate triggers a sharp sell-off in pharmaceutical stocks, with Kenvue shares taking a significant hit.

Gold Prices Surge: Best Year Since 1979

Gold hits record highs as UK growth slows and global economic fears mount. Discover why investors are flocking to the safe-haven asset and what it means for your finances.

Premium Bonds Shake-Up: New Odds for 2025

NS&I's Premium Bonds are undergoing a major overhaul. Discover how the new prize fund rate and structure could affect your odds of winning, from the £1 million jackpot to smaller payouts.

Bank of America Forecasts Gold Surge to $3,000/oz

Bank of America forecasts gold could surge to $3,000 per ounce, driven by central bank buying and macroeconomic trends. This analysis highlights a pivotal moment for London's AIM-listed gold miners and the metal's enduring appeal.

FTSE 100 Plummets as UK Economy Stagnates

The London Stock Exchange faces a sharp sell-off as new data reveals zero economic growth in April, fuelling concerns over persistent inflation and delaying hopes for a Bank of England interest rate cut.

Reeves Greenlights Gatwick's £2.2bn Second Runway

In a landmark decision, Chancellor Rachel Reeves has approved a £2.2 billion second runway project at London Gatwick Airport, promising to create thousands of jobs and significantly boost UK economic growth and regional connectivity.

Autumn Budget: 5 Financial Moves to Make Now

With the Autumn Budget on the horizon, financial experts reveal five essential steps to safeguard your finances, from pensions to property. Act now to stay ahead of potential tax changes.

UK Car Debt Crisis Echoes 2008 Financial Shock

Exclusive analysis reveals British drivers are buckling under a record £70 billion car finance burden, with soaring defaults threatening a 'Great Recession' style economic tremor. Discover the ticking time bomb in the UK's auto loan market.

Rare £5 banknote set to sell for £26,000 at auction

An extremely rare, nearly 100-year-old UK £5 banknote is expected to sell for a staggering £26,000 at auction. Issued from the historic Threadneedle Street branch, this note represents a golden opportunity for serious currency collectors.

Oracle's Stock Surge: The Secret TikTok Deal

Exclusive analysis reveals how Oracle's mysterious stock movements and a potential TikTok ownership stake could signal a major shift in global tech and create opportunities for savvy investors.

CMA Launches Probe into Nationwide-Virgin Money Merger

The UK's Competition and Markets Authority has initiated a formal 'phase 1' investigation into the proposed £2.9 billion acquisition of Virgin Money by Nationwide Building Society, scrutinising potential impacts on consumer choice and competition.

UK Consumer Confidence Stagnates at -22, GfK Reports

British consumer confidence remains stuck at a deeply negative -22 in January, as high living costs and a bleak economic outlook continue to weigh heavily on household sentiment, according to the latest long-running GfK survey.

Plum Launches Market-Leading 6.17% Easy-Access Cash ISA

Exclusive: The popular money app Plum launches a market-leading Easy-Access Cash ISA with a top-tier 6.17% AER rate, offering a savvy new way for UK savers to beat inflation and use their tax-free allowance.

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