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Reform proposes £30 tax rebate for HMRC phone delays
People on hold to HM Revenue and Customs (HMRC) for more than 30 minutes would get £30 off their tax bill under a Reform UK government, Robert Jenrick has announced. Reform’s economy spokesman said HMRC’s treatment of taxpayers was “offensive to working people” and his party would tie the pay of senior HMRC officials to…
Nvidia shares soar after beating earnings forecast
Chip giant Nvidia beat Wall Street’s expectations for revenue and upcoming sales, easing investor concerns about heavy artificial intelligence (AI) spending that have unsettled markets. In its quarterly earnings report on Wednesday, the firm said revenue for the three months to October jumped 62% to $57bn, driven by demand for its chips used in AI…
Interest rates expected to be held as Budget looms
Kevin PeacheyCost of living correspondent Getty Images Policymakers at the Bank of England are widely expected to hold interest rates at 4% following their final meeting before the chancellor’s Budget. Some Bank watchers have suggested that the latest inflation data could strengthen the case for a cut, but most commentators think such a move is…
Cash recovered from ex-Nasa scientist turned fraudster
Investors who were defrauded out of more than £1m by a former Nasa scientist will get most of their money back. John Burford, from Mansfield in Nottinghamshire, admitted defrauding 100 investors and was sentenced to two years in prison in 2025. Despite not being authorised to, Burford had offered trade alerts and investment opportunities in…
