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China hits growth goal after exports defy US tariffs
Posted onChina said its economy expanded by 5% last year, meeting Beijing’s official target as a record trade surplus boosted growth. The world’s second-largest economy reached its goal despite growth slowing to 4.5% in the final three months of 2025. China’s past year has been marked by struggles to boost domestic spending, a prolonged property crisis…
Thames Water apologises after £145,000 customer bill
Posted onThames Water has apologised to a customer after trying to take £145,000 from his bank account due to a meter reading error by the company. Adam Bainbridge, a teacher from north London, discovered while routinely checking his accounts on Thursday morning that Thames had debited £145,562 from his bank account. His wife Julia told the…
Next boss warns of dramatic fall in entry-level jobs
Posted onIt has hoovered up brands including Joules, Fatface, Cath Kidson, and Made.com that have struggled in recent years, and employs more than 30,000 people across its businesses. Earlier this month, the retailer increased its full-year profit expectations to £1.2bn, with sales up 6.2% in the first quarter.
Scottish government aiming to issue first bonds in 2026-27
Posted onCraig WilliamsBBC Scotland Getty Images Government bonds allow money to be raised through the markets The Scottish government is “on track” to issue its first ever bonds in the next financial year, according to the first minister. John Swinney confirmed bonds should be issued in 2026-27, though this is subject to the outcome of May’s…
Isas, cars and pensions: How the Budget affects you
Posted onKevin PeacheyCost of living correspondent Getty Images Chancellor Rachel Reeves has announced her Budget, but details were published early by the official forecaster. Here are the key measures and how they will affect you and your money. You may pay more tax The amount of income at which you pay different rates of income tax…
