Business

State pension Anyone receiving the full new state pension will get an extra £19 a week from Monday, April 10, 2023, onwards, while anyone who reached state pension age before April 2016 (and receives the full basic state pension) will get an extra £14 weekly. That takes the former to …

Virgin Orbit CEO Dan Hart discusses the emerging leisure space travel market ahead of Richard Branson flying to space just nine days before Jeff Bezos. Virgin Orbit, the aerospace company that launches satellites, said it would cease operations and will lay off most of its workforce.  The company reduced its …

One of the accounts being highlighted this week is Shawbrook Bank’s Easy Access account which pays an interest rate of 3.26 percent. There is no notice period attached to this account and access is permitted via the nominated account. The minimum opening amount for the savings account is £1,000 with …

Atlas Organization founder Jonathan D.T. Ward argues America’s foreign policy stance is ‘out of whack,’ and we’re ‘losing time rapidly’ to maintain an economic stronghold. Wall Street bonuses fell 26% in 2022 amid rising interest rates and fears of a recession. According to a report released Thursday from New York …

Baroness Kate Hoey has warned it’s “quite awful” for people to suddenly discover they will have to wait longer to claim their state pension after working all their lives. She said this can be particularly devastating news for those who have worked in manual labour and who may not want …

Check out what’s clicking on FoxBusiness.com The chairman of Marvel Entertainment is the latest casualty of cost-cutting moves at The Walt Disney Company. Isaac “Ike” Perlmutter, 80, has been laid off as the division responsible for comic book publishing and some consumer products is merged into larger Disney business units, according …

Household budgets are set to be even more squeezed from April while rampant inflation and a host of new, higher tax burdens further erode the value of earnings. Capital gains tax and dividends tax allowances will be slashed in half as the new tax year starts next week, however, an …

Incoming Lyft CEO David Risher discusses the changes he will make to turn the company’s stock around on “The Claman Countdown.” The incoming CEO of Lyft on Wednesday said the rideshare company will “get back to the basics” and focus on its customers as it competes with Uber. David Risher, …

The recommended hike to taxes on wealthier Americans is being brought forward to cover the cost of services such as Medicare and Social Security. However, Joe Biden’s plans have been slammed as an “economic disaster”. As part of President Biden’s proposal, the top marginal rate of income tax would be …

New drug high reviewed by medical officials who treat overdose victims. FOX Business’ Ashley Webster with more. The Food and Drug Administration on Wednesday approved sales of the lifesaving opioid overdose medication Narcan without a prescription. The agency said the nasal spray is the first naloxone product approved for use …