Business

The Government has scrapped plans to raise the free prescription age eligibility to 66 years old in line with the state pension age. The move means millions of Britons will not have to start paying for their medication. So do you support the decision? Vote in our poll. The hike …

Check out what’s clicking on FoxBusiness.com The cost of lost worker productivity for employers due to March Madness will reach an eye-popping amount this year, Challenger, Gray & Christmas estimated. In the report released Tuesday, the global outplacement firm estimated that employers will see $17.3 billion in costs from lost …

Labour was always known as the high tax party, but the Conservatives have been turning the screw, too. Our tax burden is now at a 70-year high. Hunt has frozen income tax and inheritance tax thresholds until 2028, and will slash capital gains tax and dividends tax thresholds from next …

Treasury Secretary Janet Yellen said that under the current agreement, Chinese Communist Party-linked (CCP) Silicon Valley Bank depositors could be “made whole” by the U.S. banking system. Treasury Secretary Janet Yellen disclosed on Thursday that the U.S. banking system could potentially allow for Chinese Communist Party-linked (CCP) Silicon Valley Bank …

Jeremy Hunt made no mention of the UK’s crisis-hit social care sector in his Budget speech (Image: GETTY) Anger is growing at the lack of action in the Budget to reform a social care system on the brink. Campaigners and experts said Chancellor Jeremy Hunt made no mention of the …

Check out what’s clicking on FoxBusiness.com Ikea is recalling more than 22,00 mirrors that could fall and pose a laceration hazard to customers, according to federal safety regulators.  The plastic fittings on Ikea’s LETTAN flat mirrors, which attach the mirror to the wall, have the potential to break and cause …

Teachers Building Society (TBS) has confirmed it is increasing the savings interest rate of its new cash ISA. This applies to the triple access cash ISA account, which now pays three percent tax-free pa/ AER. Despite TBS being a financial institution founded to help teachers, this savings account is for …

Tech analyst and CoinDesk chief of staff of content Pete Pachal discusses the concerns surrounding TikTok, Congress’ push to ban the social media app and journalists testifying in the Twitter hearing. The Biden administration has demanded TikTok’s Chinese owners divest their stakes in the app or face a possible ban, …

Like Isas, pensions offer highly tempting tax benefits and are a lot more flexible than they used to be. That’s the view of Sean McCann, chartered financial planner at NFU Mutual, who reckons pensions now offer the over-50s a more tax-effective way of investing than Isas. He wants to get …

Blink Charging founder and CEO Michael Farkas discusses his plan to take on Elon Musk’s charging infrastructure on ‘The Claman Countdown.’ Tesla is facing a pair of class action lawsuits that accuse the company of monopolizing maintenance and replacement parts for its vehicles. The pair of lawsuits, filed in federal …