Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Tue, Jul 21, 2026 10:45 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Jonquil Lowe

Senior Lecturer in Economics and Personal Finance, The Open University
Also a personal finance practitioner, working with a variety of independent, consumer-facing organisations and financial services providers, including the Money Advice Service and Which?, carrying out consultancy, commissioned research, authoring financial capability materials and creating interactive financial capability tools.

Past head of Money Research Group at Consumers' Association/Which? and past editor of research journal, Consumer Policy Review (Blackwell's/Consumers' Association).

Some pensioners are pretty well off. But how many can afford to lose the winter fuel payment?

Sep 16, 2024 07:17 am UTC| Insights & Views Life

The governments plan to restrict pensioners winter fuel payment to households getting pension credit has been easily if grudgingly passed by parliament. This was despite a strong case for delaying the move to explore...

The Conservatives are pledging a ‘triple lock plus’ for UK pensioners – here’s what it means

Jun 04, 2024 06:31 am UTC| Politics

If re-elected, the Conservatives have pledged to introduce a triple lock plus that the party says would pull millions of pensioners out of paying tax. Their plan would ensure that pensioners tax-free personal allowance...

Budget 2024: experts react to the UK government’s last roll of the economic dice ahead of a general election

Mar 07, 2024 09:24 am UTC| Insights & Views Economy

The spring budget of 2024 was widely seen as a chance for UK Chancellor Jeremy Hunt to inject some economic optimism into British politics ahead of a general election. Would he or wouldnt he cut income tax? (He wouldnt.)...

Six ways the upcoming autumn statement could affect your personal finances

Nov 19, 2023 05:55 am UTC| Politics

The UK chancellor Jeremy Hunt will have limited room for manoeuvre when he makes his autumn statement about the governments financial plans on November 22. The government is committed to supporting the Bank of Englands...

Pensions: how yours may have been affected by recent market turmoil

Oct 21, 2022 06:19 am UTC| Business

The early signs are that the financial markets have been appeased by the governments October 17 decision to reverse two-thirds of its September mini-budget tax cuts. Yields on gilts which represent long-term borrowing...

National insurance rise: what do upcoming tax changes mean for me? An expert explains

Mar 27, 2022 14:16 pm UTC| Economy

April 6 marks the start of the new 2022-23 tax year and the day most workers start to pay a new tax: the health and social care levy. For one year only, the levy will take the form of a 1.25 percentage point increase in...

Five top tips for managing your personal finances during coronavirus

Aug 01, 2020 14:58 pm UTC| Investing

When it comes to money, coronavirus has split the nation. Financial stress dominates for many of the 9.5 million employees on furlough, potentially facing unemployment as the scheme unwinds, and for those whose small...

Economy

Japan PM Sanae Takaichi Unveils Growth Plan as BOJ Independence Concerns Lift Bond Yields

Japanese Prime Minister Sanae Takaichi unveiled her first economic policy blueprint on Tuesday, pledging to increase investment in strategic growth sectors while reaffirming cooperation with the Bank of Japan (BOJ)....

Asian Currencies Hold Steady as Middle East Tensions Boost US Dollar, Oil Concerns

Asian currencies traded in a narrow range on Tuesday as investors remained cautious over escalating conflict in the Middle East, supporting the U.S. dollar while rising oil prices pressured currencies across the regions...

US Dollar Holds Near One-Week High as Middle East Tensions and Oil Prices Drive Market Sentiment

The U.S. dollar remained close to a one-week high on Tuesday as investors balanced escalating geopolitical tensions in the Middle East against growing hopes for a potential ceasefire. Currency markets stayed cautious as...

Gold Climbs Above $4,000 as Middle East Tensions and Fed Outlook Drive Safe-Haven Demand

Gold prices moved higher on Monday, climbing back above the key $4,000-per-ounce level as investors balanced rising geopolitical tensions in the Middle East with expectations for the U.S. Federal Reserves next policy...

Asian Stocks Rise as Oil Retreats on Iran Ceasefire Hopes Ahead of Key AI Earnings

Asian stock markets advanced on Tuesday as easing oil prices and renewed hopes for a ceasefire between Iran and the United States improved investor sentiment, although caution remained ahead of major technology earnings...

Politics

Trump-Aligned MAGA Inc Builds $400 Million War Chest Ahead of Midterm Elections

MAGA Inc, the super political action committee aligned with U.S. President Donald Trump, has accumulated more than $400 million as Republicans prepare for the November U.S. midterm elections, according to a new filing with...

Civil Rights Groups Sue Trump Administration Over Childcare Funding Freeze and Influencer's Role

Civil rights organizations have filed a lawsuit against President Donald Trumps administration, challenging its attempt to restrict billions of dollars in federal childcare and family assistance funding while seeking...

ASEAN Summit Faces Pressure as U.S.-Iran Conflict, South China Sea Tensions Dominate Agenda

Foreign ministers from the Association of Southeast Asian Nations (ASEAN) and key global partners are meeting in Manila this week as rising geopolitical tensions threaten to overshadow the regional diplomatic agenda. The...

China Conducts Live-Fire Naval Drill Near Japan’s Okinotori Island Amid Joint Operation With Russia

China conducted a live-fire naval exercise near Japans remote Okinotori Island over the weekend while operating alongside Russian warships, marking another sign of expanding military cooperation between Beijing and Moscow...

Trump Administration Weighs Ending Support for UN Refugee Agency UNHCR

The Trump administration has recently considered ending U.S. engagement with the United Nations refugee agency (UNHCR), according to multiple Reuters sources, raising concerns about the future of one of the worlds largest...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Nvidia Reveals 9.3% Stake in AI Cloud Firm Nebius Following $2 Billion Investment

Nvidia has disclosed that it holds a 9.3% stake in AI cloud infrastructure company Nebius, further strengthening its presence in the rapidly expanding artificial intelligence ecosystem. The disclosure follows Nvidias...

SpaceX Q2 Earnings on Aug. 4 Set Stage for Historic Insider Share Unlock

SpaceX (NASDAQ: SPCX) will report its second-quarter 2026 financial results after the market closes on August 4, marking its first earnings release since its record-breaking initial public offering. The company will also...

Samsung Cuts U.S. Consumer Electronics Jobs as Headquarters Moves to Texas

Samsung Electronics has reduced its workforce in the United States as it relocates the headquarters of its consumer electronics business from New Jersey to Texas, affecting hundreds of employees while maintaining that the...

ASML Trillion-Dollar Valuation: Can Europe’s AI Chip Giant Reach the Historic Milestone?

The global artificial intelligence boom has fueled a remarkable rise in ASMLs market value, positioning the Dutch semiconductor equipment maker as Europes most valuable listed technology company. Following...

Bank of America Says These Overlooked AI Stocks Could Be the Next Winners

While semiconductor companies, AI hardware makers, and the Magnificent Seven have dominated the artificial intelligence rally, Bank of America believes the next phase of AI-driven gains could come from less obvious...