Private credit investors pulled more than $7bn from some of the biggest funds on Wall Street in the final months of last year, as jitters over credit quality following the bankruptcies of First Brands and Tricolor hit one of the fastest-growing parts of finance. Funds managed by Apollo Global Management, Ares Management, Barings, Blackstone, BlackRock’s
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. More than 5.5mn people in the UK overpaid tax by a total of £3.5bn in 2023-24, data has revealed, with experts blaming errors in payslips and increasingly complicated rules. A freedom of information request showed
Take control: following several basic principles will help to keep your personal finances on track (Adobe stock image) Let’s face it: managing money often feels overwhelming, whether grappling with investing, budgeting, debt management, retirement planning, insurance, or simply maximising the income you earn. The barrage of jargon and choices can paralyse even the savviest individuals.
Millions of people will soon be required to start using a new tax system HMRC has issued details about a major tax change(Image: Getty) HMRC has share guidance about a major tax shake-up set to impact millions of people. The revenue body is gradually expanding its Making Tax Digital initiative, which launches in April 2026.
Energy experts share four easy household tweaks that could save you £210 a year. There’s simple ways to reduce your energy bills(Image: Iryna Melnyk via Getty Images) As part of Energy Savers Week, the Energy Saving Trust and Citizens Advice Bureau have joined forces to offer expert guidance on cutting household bills. Gillian Cooper, Director
Some people are waiting a year or more for HM Revenue and Customs to refund overpaid tax and national insurance contributions (NICs). In some cases, refunds that were previously processed within a few weeks are taking 10 months or more, an investigation by Guardian Money has found. Self-employed construction worker Simon Hughes* said he and his wife cannot afford
Garun .Prdt/Shutterstock Finding the right car insurance for you can be a tricky proposition. Every state in the United States — with the exception of New Hampshire — requires vehicle owners to have some level of car insurance, and even New Hampshire requires some proof of financial
Last year, many of us went protein-mad in the hopes of boosting our strength and fitness. But over the past few months, fibre – something very few of us get enough of every day – has become the hot topic on social media. Posts with the hashtags #fibremaxxing and #fibermaxxing have been viewed more than
Donald Trump’s latest financial disclosure revealed he invested heavily in the very corporate debt markets that his administration may soon regulate. As indicated in the recent filings, the President amassed a bond portfolio valued at around £38.1 million ($51 million), highlighting his substantial holdings in major entertainment companies – Netflix and Warner Bros. Discovery. It
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Strikes by younger doctors before Christmas helped to forestall a winter crisis in the NHS because senior medics who covered for them were often quicker to discharge patients, according to health leaders. The health service