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Russian energy, transport, finance companies among privatisation candidates, says finance ministry

ST PETERSBURG, Russia (Reuters) - Russian state-owned companies from the energy, transport and finance sectors will be among the candidates for privatisation, Finance Minister Anton Siluanov said on Friday, as Moscow seeks to raise funds for the federal budget. Shunned by Western capital since launching the conflict in Ukraine, Moscow has been seeking ways to foster more domestic private


Universal Credit recipients eligible for £1,200 bonus through extended scheme

The scheme has already distributed millions in bonuses since it started, and now more people will qualify to sign up


Fed's Powell Says Tariffs Likely to Lift Prices

Federal Reserve Chair Jerome Powell says the size of the economic effects from tariffs are highly uncertain but monetary policy is in a good place to react. He speaks at a news conference following the Fed's decision to to hold the benchmark federal funds rate in a range of 4.25%-4.5%.


Most Cashless Societies by Digital Payment Usage, Ranked

Most Cashless Societies by Digital Payment Usage, Ranked


Shop owner reacts after selling winning EuroMillions ticket

Shop owner reacts after selling winning EuroMillions ticket -


How much passive income could someone earn by investing £5.19 per day?

Over the course of a career lasting 40 or 50 years, £5.19 per day could turn into something generating more than £36,000 per year in passive income. The post How much passive income could someone earn by investing £5.19 per day? appeared first on The Motley Fool UK.


Renting vs. Buying in 2025: Which One Actually Builds Wealth?

It’s one of the most common personal finance questions, should you rent or buy your home? And as we step deeper into 2025, the answer isn’t getting any simpler. For years, homeownership was the assumed path to building wealth. But now? Rising mortgage rates, unpredictable home prices, and a cooling housing market have made renting a lot more appealing, or at least, worth reconsidering. This isn’t just personal preference anymore. The...


Major British bank issues warning as 'payments will be delayed' for customers - will you be impacted?

A major British bank has issued a warning to its customers that "payments will be delayed" as it prepares to update its carry out work on improving services. Earlier today, Barclays updates customers that said work will be carried out from midnight to 7am on Sunday, June 22, 2025, which will see some payments "rejected". This comes following a seri...


Top Federal Reserve official calls for rate cuts as soon as July

The US Federal Reserve should begin cutting interest rates as soon as next month, a top official has said, underscoring the deepening schism at the central bank on whether to reduce borrowing costs this year. Fed governor Christopher Waller, a top contender to succeed chair Jay Powell, said that economic data supported lowering rates in the near-term despite the threat of higher inflation from President Donald Trump’s tariffs. “I think we’re in...


Why Elon Musk’s US$34 billion loss wasn’t really that – and what it tells us about the philanthropy of the ultra-wealthy

Following a sharp drop in Tesla’s share price, outlets reported that the world’s richest person, Elon Musk, had “lost” US$34 billion (£25 billion) in a single day. That figure exceeds the annual GDP of countries like Iceland, Jamaica or Mauritius. Gaining or losing even 0.001% of that wealth would be life-changing for most people. But, this “loss” ...


Social Security to Stop Issuing Paper Cheques By End Of September, Affecting Half a Million Recipients: Here's What They can do

The Social Security Administration (SSA) will stop issuing paper cheques starting 30 September, based on US President Donald Trump's executive order in March titled 'Modernising Payments to and from the American bank account.' Under this mandate, all federal payments, including Social Security, Supplemental Security Income (SSI), Social Security Di...


Things Brits Have Quietly Given Up Because Life’s Got Too Expensive

The cost of living crisis has changed how we live in ways that aren’t always obvious at first glance. While everyone’s talking about energy bills and grocery prices, there are loads of smaller things that people have just quietly stopped doing without making a big fuss about it. These aren’t dramatic lifestyle changes—they’re the little...


Philippines: $105.2-billion gross international reserves in May is ‘healthy’ — central bank

Manila: The Bangko Sentral ng Pilipinas (BSP) reported that the country's Gross International Reserves (GIR) stood at $105.2 billion in May 2025, reflecting a slight decline from $105.3 billion in April. Despite the dip, the central bank emphasized that the level remains robust and "healthy." Philippines peso drops to 'most favourable' rate for OFW...


Want to become an ISA millionaire? Here’s one way to target stock market riches with £500 a month

Making a million pounds or more in an ISA doesn't have to be a pipe dream. Here's how a mix of shares and cash savings could help achieve this. The post Want to become an ISA millionaire? Here’s one way to target stock market riches with £500 a month appeared first on The Motley Fool UK.


10 Reasons To Turn Your Property Into An Airbnb & 10 Ways To Do It

Your property could be earning while you sleep. Short-term rentals offer good side income and unexpected perks, and when it comes to Airbnb, no fancy real estate is needed. Smarter hosting means bigger rewards. So here, we explore 10 reasons to turn your property into an Airbnb—and 10 ways to achieve that.


20 Must-Watch Movies & Series About Money and Business

Money is more than just currency—it drives ambition, exposes character, and shapes global events. From Wall Street towers to Silicon Valley garages, stories about business and finance captivate us because they reflect real power, risk, and transformation. Whether it’s a startup founder defying odds or a financial empire on the brink, the screen brings these narratives to life in thrilling, dramatic, and at times, hilariously sharp ways. These titles blend fact and fiction, ambition and downfall, innovation and scandal. Some are cautionary tales of corporate greed, others celebrate disruption and vision, while a few simply revel in the chaos of capitalism. No matter your taste—documentary or drama, satire or suspense—this collection offers something compelling. By looking into these stories, you'll not only be entertained but also gain a deeper appreciation of the forces that move markets, reshape industries, and define modern success. Think of it as a crash course in business—one where the lectures are gripping, and the stakes are sky-high. Let's take a closer look at each title, with fresh perspective and rich detail. Here's why these 20 picks deserve your watchlist.


Exclusive-EU to lift EIB lending limit to 100 billion euros in defence push

By Marc Jones and Jan Strupczewski LONDON/BRUSSELS (Reuters) -EU governments have agreed to lift the annual spending of the bloc's powerful European Investment Bank (EIB) lending arm to 100 billion euros ($115 billion) this year and treble its funding for the EU's defence industry. Sources briefed on the plans said the decision was approved at an EIB board meeting in Luxembourg ahead of a formal


Where F1 Teams Really Spend $350 Million (ft. Guenther Steiner)

Go behind the scenes of Formula 1 team finances with Guenther Steiner as he breaks down how teams allocate their massive $350 million budgets from aerodynamics and R&D to logistics and driver salaries. This detailed explainer reveals the real costs of staying competitive at the highest level of motorsport.


Gold versus cash: which is the better store of value?

Gold prices have rocketed over the past year, and the yellow metal’s role as a store of value is coming to the fore. Does gold beat cash savings?


Dubai gold rate is under pressure - UAE shoppers get discounts, cashback offers

Dubai: Were you planning to buy gold but finding current prices too high? Then, help is on the way as UAE gold and jewellery retailers launch discounts and cash offers to offer whatever possible savings for shoppers wanting to buy now. And next week onwards, there will also be the additional support from the Dubai Summer Surprises’ promotions on go...


How much in superannuation do you need in Australia to retire?

Australia's biggest super fund has revealed how much you really need to retire comfortably.


UK households getting free £75 voucher to spend in Aldi, M&S, Sainsbury's, Tesco

Households on the Isle of Wight will benefit from extended financial assistance.


The 10 F1 Teams with the Biggest Budgets – Ranked

Formula 1 isn’t just about speed and glory—it’s also a financial powerhouse. Behind the scenes, teams invest hundreds of millions in talent, technology, and innovation in pursuit of success. While every team operates under the sport’s strict cost cap, their overall valuations and financial influence vary dramatically. From rising teams backed by Hollywood investors to iconic giants worth billions, here’s a look at the ten most valuable F1 teams in 2025—ranked from the lowest to the highest.


Bank boosts interest on savings account to 4.5% and earns 'excellent' rating

The new savings account takes one of the top three positions for one-year fixed rates.


Top 50 phrases Brits use to describe money - and the ones at risk of dying out

A new study has revealed the most popular slang terms for money used by various generations, with some phrases more widely recognised than others.


Rachel Reeves under pressure as UK borrowing hits £17.7bn despite National Insurance hike - second highest May on record

UK public borrowing surged to £17.7bn in May, despite increased tax receipts from Chancellor Rachel Reeves' national insurance hike implemented in April. The May borrowing figure exceeded last year's £17bn and surpassed economists' expectations, with only May 2020 during the Covid pandemic recording higher borrowing since monthly records began. The...


UK's Mulberry to raise $27 million as losses deepen in 2025

-Britain's Mulberry Group said on Friday it intends to raise 20 million pounds ($26.98 million) of capital to help fund its growth strategy, as the embattled luxury firm expects to log further losses in fiscal 2025. Mulberry, following in the steps of larger rival Burberry, is refocusing on its 'British heritage' to resonate with domestic consumers, reversing a recent pivot it took to expand into


Brits urged to 'act swiftly' as 'top' savings accounts face interest rate cuts

There are currently more than 1,400 savings products offering interest rates that beat the UK inflation rate, making it key to act now.


Bank of England boss Andrew Bailey sounds alarm over jobs as it leaves interest rates on hold

Bailey (pictured) said there had been 'signs of softening in the labour market' as a Bank survey found employers are slamming the brakes on pay rises.


Smarter Web Company becomes tech unicorn after stock surges six-fold in two weeks

Smarter Web Company has become the UK’s latest tech unicorn, achieving a valuation of more than £1bn after its stock saw a six-fold increase in just two weeks. The web design and online marketing company saw its stock climb 18.3 per cent by the end of the day’s trading session on Friday to 500p, ending [...]


Britons can gift 'any amount' to family without paying inheritance tax – but you need to prove these three things

Britons have the ability to gift unlimited amounts to their family members without incurring inheritance tax liability, provided they follow specific rules and exemptions. This comes as inheritance tax receipts reached £0.8 billion in April 2025, marking a £97 million increase from the previous year, according to the latest HMRC data. The Office fo...


Britons earning £100,000 to 'bear the brunt of tax rises' in Autumn Budget - Five ways Rachel Reeves could hit wealth

High earners making £100,000 or more are finding themselves in an increasingly difficult financial position despite their substantial salaries. These professionals, typically in their 40s, face mounting pressures from multiple directions. The absence of Government support for childcare costs and expensive housing mean they struggle to save adequate...


Gen-Z adults with a fitness regime ‘more likely to have a financial plan’

Gen-Z adults with a fitness regime ‘more likely to have a financial plan’ - Nine in 10 people who take steps to keep fit also have a financial plan in place, according to research for Experian.


Up 82% in 12 months, this dividend stock still has a 5.5% yield!

This dividend stock has given investors growth and a strong yield in recent years. Dr James Fox explores whether there’s still an opportunity. The post Up 82% in 12 months, this dividend stock still has a 5.5% yield! appeared first on The Motley Fool UK.


Common Money Fights Couples Keep Having (And Why They Happen)

Money issues don’t always come down to the numbers. Most of the time, they’re about values, habits, control, or just two people seeing the same pound differently. Even in good relationships, financial tension sneaks in—sometimes over big stuff, sometimes over things that feel petty but hit a nerve. These are some of the most common...


Martin Lewis makes major council tax payment announcement affecting three million people

Martin Lewis makes major council tax payment announcement affecting three million people -


Which movie franchise made the most money?

From Avengers and Harry Potter to Star Wars and James Bond, this is the definitive list of the highest-grossing movie franchises of all time.


Meet the world's richest person from every decade since 1820

What did it take to be the richest person in the world in 1820, 1850 or 1900? And how does that compare to today?


My business costs rose by £48k thanks to NI and wage hikes – I’ve had to cut staff

Collette Osborne, who owns two hair salons in Nottingham, used to have 38 staff members


Is Donald Trump putting the US dollar in danger?

Donald Trump's administration sees one of its greatest advantages – the US dollar – as a burden. Gold is the obvious beneficiary, says Cris Sholto Heaton.


‘I only earn £300 a month. How will I ever save?’

For the past seven years, Jess Muxlow has been learning to live with a brain tumour. Now, at 25, she’s found a lifestyle that suits her, allowing her to quit her job and spend more time with her two-year-old daughter Freya. After studying theology and philosophy at Birmingham Newman University, Muxlow worked as an administrator for her local counci...


Analysts reckon the Vodafone share price is still undervalued!

Our writer’s been looking at the latest Vodafone share price forecasts and assesses how the group’s performed against the targets it’s set itself. The post Analysts reckon the Vodafone share price is still undervalued! appeared first on The Motley Fool UK.


What role does your money play in fueling the climate crisis?

What roles do our pensions, investments and banking decisions play in supporting fossil fuel projects? And how green are the sustainable alternatives?


Cost of comfortable retirement revealed — here's how much you need yearly

Listen to article Listen to article Your browser does not support the audio element. The high cost of living is also hitting pensioners as more money is needed for a comfortable retirement. Pensioners need more money in the bank if they want to be comfortable and afford more than just the basic necessitie...


$3M Bugatti Chiron Sport Delivered in Monaco – Hypercar Royalty Arrives

Watch the stunning $3 million Bugatti Chiron Sport make its grand arrival in Monaco — the heart of luxury and supercar culture. With its sleek design, quad-turbo W16 power, and unmistakable presence, the Chiron Sport represents the pinnacle of hypercar engineering. This rare delivery moment is a dream scene for Bugatti fans, Monaco car spotters, and supercar lovers worldwide.


The Economics of Enlightenment: Wealth Distribution in Monasteries

Dive into the fascinating world of wealth distribution within monasteries and how it influenced enlightenment! Discover the balance between spirituality and economics. 📜💰 #Enlightenment #WealthDistribution #HistoryUnveiled


How much passive income will I need to retire comfortably?

Latest data shows single retirees need a £44k passive income to live a comfortable lifestyle. Here's how I plan to achieve it. The post How much passive income will I need to retire comfortably? appeared first on The Motley Fool UK.


Taxpayers hand over £8bn more as Reeves’s raids kick in

Taxpayers have forked out an extra £8.6bn in just two months as Rachel Reeves’s Budget starts to bite, new figures show. Data from HM Revenue and Customs (HMRC) shows that tax receipts hit £142.8bn for April and May, a rise of more than 6pc compared to the same period last year. Almost £3 in every additional £4 raised came from income tax and Natio...


Major change to council tax payments proposed - how it could affect your bill

The average band D household would pay approximately £38 less each month if they paid over 12 months, according to figures from the Government


Mercedes secure huge $858m boost as latest F1 figures published

It was a good year for Mercedes off track.