money
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Economy
Rolls-Royce Spectre driven: British brand's first ELECTRIC car costs from £350k
So, this really was it. I was among the very first to drive Rolls-Royce’s very first electric car called Spectre. And it truly was electrifying. And what an eye-opening treat and delight this super-coupe turned out to be. Although prices for Spectre will start at around £350,000, the high level of bespoke options so beloved of Rolls-Royce customers means the…
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Economy
Younger pensioners receive £11,000 extra state pension over a 20-year retirement
The state pension is the bedrock of many people’s finances in retirement — and after a lifetime of paying national insurance contributions, it’s no wonder that pensioners expect their dues. But an over-complex system means it can be difficult to know exactly how much you will get. Millions of people fall short of receiving the ‘full’ advertised payouts, despite diligently…
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Breaking News
Rolls-Royce Spectre driven: British brand's first ELECTRIC car costs from £350k
So, this really was it. I was among the very first to drive Rolls-Royce’s very first electric car called Spectre. And it truly was electrifying. And what an eye-opening treat and delight this super-coupe turned out to be. Although prices for Spectre will start at around £350,000, the high level of bespoke options so beloved of Rolls-Royce customers means the…
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Economy
BUSINESS LIVE: Barratt flags weak demand; Sosandar eyes £4m fundraise
The FTSE 100 will open at 8am. Among the companies with reports and trading updates today are Barratt Developments, Sosandar, Grainger, Future, Frasers and PZ Cussons. Read Wednesday 8 February Business Live blog below. > If you are using our app or a third-party site click here to read Business Live Source of data and images: dailymail
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Economy
Seatfrog: Founders of train app offering £10 ticket changes want to bring rail into 21st century
Imagine you’re on a day out with friends and you want to stay an extra hour – but you can’t because you’ll have to miss your train. There’s no way to get the next one without spending a fortune on a new ticket. The rail industry has been in sharp focus over the past year with frequent strikes, raising serious…
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Economy
'The harder I work, the luckier I get', says Ineos boss Sir Jim Ratcliffe
Buccaneering entrepreneur Sir Jim Ratcliffe believes that you need a bit of luck in life. ‘But the harder you work, the luckier you get – I do believe that,’ says Britain’s richest man. As founder and majority owner of the giant chemical company Ineos Group, his business interests already stretch from oil and gas and petrochemicals to hand sanitisers and…
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Economy
'Britcoin' UK digital currency to be capped at £20,000 each
Britons could hold up to £20,000 in a digital currency dubbed ‘Britcoin’ under plans proposed by officials. The ‘digital pound’ could be launched by the second half of the decade, according to a consultation launched by the Bank of England and the Treasury. But there will be an initial limit on how much money can be held in such accounts…
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Economy
Bank bosses defend savings rates to MPs, saying customers don't want more interest on easy access
Savers should get used to low interest on easy access accounts, big bank bosses have said – because consumers apparently don’t want better rates. Today MPs on the Treasury Select Committee grilled bosses of four high street banks on why they were so slow to increase savings rates, but quick to hike mortgage and loan costs. But bank bosses representing…
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Economy
BUSINESS LIVE: BP profits of $28bn; Ferrexpo unit's accounts frozen
The FTSE 100 will open at 8am. Among the companies with reports and trading updates today are BP and Ferrexpo. Read the Tuesday 7 February Business Live blog below. > If you are using our app or a third-party site click here to read Business Live Source of data and images: dailymail
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Economy
MARKET REPORT: Vesuvius shares hit after latest UK cyber attack
Vesuvius shares sank into the red after it became the latest company to suffer a cyber attack. The FTSE 250 engineering group, which makes smelting equipment and technology for steel plants, said the incident involved ‘unauthorised access to our systems’. ‘We are working with leading cyber-security experts to support our investigations and identify the extent of the issue, including the…
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