The FTSE 100 index of the biggest companies traded on the London Stock Exchange almost closed at a record high yesterday. It ended the day at 7,074, just below its previous highest close of 7,104 on 27 April 2015. However, at the same time, the pound plunged to a new 31-year low against the dollar.
Every morning on the way to work I buy a coffee.
Not the kind with syrups and fruity flavours and bits hanging out of it that makes it look more like a cocktail - the coffee for people who don’t like the taste of coffee - but a simple black filter coffee, which costs £1. I do this because drinking instant coffee makes me want to die.
Millennials (yes, it’s that buzz word again) are reportedly not saving enough for retirement, which unfortunately comes as no real surprise.
Recent figures show that 50% of adults aged 22 to 29 pay less than 3% into employee pensions, and a talk I went to by the Pensions and Lifetime Savings Association (PLSA) had a stark warning.
This morning Mark Carney, Governor of the Bank of England, faced questions from BBC News School Reporters from across the UK at Whitley Academy in Coventry. In the same week that a new plastic £5 note was launched they asked: “Why do we still have pennies when we can’t buy anything with them?” What a fantastic question.
350 years ago today, the Great Fire of London’s flames began spreading from Pudding Lane, culminating in a four-day blaze that ravaged the City of London, forever changing its landscape.
You might have seen an article over the weekend, saying half a million people won’t be able to use the bonus from the Help to Buy Isa to pay for the deposit on a house.
If you fear your hopes of first-time home ownership have been dashed, don’t freak out and pull your money out of your Isa before reading this.
The phrase ‘peak oil’ has been around since the early 20th century. In 2016 we had ‘peak stuff’ for the first time, courtesey of Steve Howard, head of sustainability at Ikea. We also saw astronaut Tim Peake hitting the 'peak of human achievement'.
I was very sad to hear this morning that the Duke of Westminster has passed away, aged 64.
One of the richest men in Britain for many years, he was also the owner of the estate on which I grew up, Abbeystead, in the beautiful Forest of Bowland, in Lancashire, and where he spent his final days.
Today the competition regulator has revealed plans to fix the current account market. The proposed remedies have been shot down as ineffective by many commentators. I disagree with them – this intervention is the first in a long time that feels like a big step in the right direction.