Lords: Treasury has 'limited grasp' of shadow banking risks
A Lords committee warns the UK Treasury is unprepared for risks from the booming $16tn shadow banking sector, which could threaten UK financial stability. Read the full report.
A Lords committee warns the UK Treasury is unprepared for risks from the booming $16tn shadow banking sector, which could threaten UK financial stability. Read the full report.
A House of Lords committee has accused the Treasury of being too passive about systemic risks from the booming private credit sector. Read the full report and the urgent calls for action.
Chinese-born tycoon Chen Zhi, accused of running a vast online fraud network from Cambodia, has been arrested and extradited to China. The US alleges his conglomerate was a front for a major criminal organisation.
Universal Music Group partners with Nvidia to pioneer responsible AI tools for music creation, aiming to protect copyright and prevent generic 'AI slop'. A potential industry blueprint emerges.
A top JP Morgan executive warns of early signs of a credit market downturn, citing rising fraud and inflation risks, as the bank announces major UK expansion plans.
UBS has captured over 22% of Swiss dealmaking fees in 2025, securing $305m and widening its lead after Credit Suisse's collapse. Discover the shifting landscape of investment banking.
A reader asked how her 69-year-old sister on benefits can get online. We explain social tariffs, free data schemes, and local help available for affordable internet access in the UK.
Massive savings on Disney and Universal Orlando tickets for 2026 holidays. Book by February 26 for discounts up to £500 on packages. Act now for magical deals!
UK households borrowed an extra £2.1bn in November as the cost of Christmas bit. Credit card borrowing grew at 12.1% annually, the highest rate since January 2024. Read the full analysis.
People receiving Universal Credit may be missing out on thousands of pounds in additional support for bills and essentials. Discover the key discounts and funds available now.
Official data reveals UK consumer credit unexpectedly rose to £2.1bn in November, defying forecasts of a slowdown due to Budget unease. Mortgage approvals dipped slightly. Read the full analysis.
UK state pensioners could secure a £150 energy bill discount this winter. Learn the eligibility criteria and the crucial February deadline to claim your support.
The criminals behind Britain's largest ever benefits fraud, who stole £54m to fund lavish lifestyles, have been ordered to repay just a fraction. Read the shocking details.
Private equity firm Oakley Capital, backer of Time Out, secures a majority stake in loan administration leader GLAS. The £1bn+ deal signals major growth in private credit. Discover the details.
Analysts forecast global stock gains in 2026 but warn of top risks: an AI tech bubble bursting, Fed turmoil under Trump, and a private credit crisis. Explore the full economic outlook.
A Barnet Council employee has been sentenced for fraud after working two full-time council jobs simultaneously. She must pay £10k compensation. Read the full story.
Zohran Mamdani was sworn in as New York City's 112th mayor on 1 January 2026, marking the start of a bold political project focused on mass participation and universal welfare. Discover how his approach challenges decades of political apathy.
UK state pensioners could boost income by over £14,000 via Pension Credit and linked benefits. Check eligibility now to unlock vital support.
UK state pensioners will see a 4.8% increase in payments from April 2026, adding up to £575 annually for some. Find out how the Triple Lock affects your pension.
A fraudster who posed as a police officer to steal £100,000 from vulnerable pensioners has been sentenced to six years and six months in prison. Read the full story and learn how to protect loved ones from courier fraud.
The FBI has surged personnel to Minnesota to dismantle large-scale fraud, citing a $250m Covid aid case as the 'tip of the iceberg'. Director Kash Patel alleges links to the state's Somali population, sparking political tension. Read the full story.
Los Angeles's film industry faces a crisis after strikes, tech shifts, and runaway production. Can new incentives and adaptation secure its future? Explore the data and insider views.
While free calls to Santa from payphones are a festive perk, they highlight the essential role of free public goods for vulnerable groups, from transport to libraries. Discover why their value extends far beyond revenue.
A mother avoided jail but must repay £16,558.61 in fraudulently claimed Universal Credit over 22 years after her children were removed. Read the full court details.
Full guide to when state benefits and pensions will be paid over the festive period. Check dates for Universal Credit, PIP, Child Benefit and more to manage your budget.
Amazon offers a 3-month free trial for Music Unlimited, plus a free Audible credit. Discover how to stream 100 million songs ad-free and claim this limited UK offer.
The UK's first Universal Studios theme park, set to open near Bedford in 2031, has been approved. The £50bn project promises 28,000 jobs and will transform the region's economy. Discover the plans and local reaction.
Founder Daniel Chu and executives of bankrupt subprime auto lender Tricolor Holdings face federal fraud charges over a years-long scheme that led to a billion-dollar collapse. Read the full details.
The Marshall Islands has launched a pioneering universal basic income scheme, offering $200 quarterly payments via cryptocurrency or cash. Discover how this Pacific nation is tackling the cost of living crisis.
A struck-off dentist and her two children have received suspended sentences for a £350,000 dental insurance fraud at their Finchley clinic. Discover the details of the complex scam.