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What happens to your pension savings when you die depends on several factors, including whether you’ve reached retirement age, the type of pension you have, your marital status and the beneficiaries you have nominated. Strap in, this is quite complicated… but here’s what you need to knowβ¦ What happens to your state pension? It depends…
Tesla’s stock price slumped in early trading Monday after CEO Elon Musk’s announced over the weekend thatΒ he has formed a new political party following his acrimonious split from President Trump.Β The electric vehicle company’s stock fell 7%, at $293 per share, in morning trading. Musk had threatened to form a new political party if the…
Shares in Elon Musk’s Tesla have reversed sharply amid renewed concerns about his focus on the company’s recovery as he plots against Donald Trump. Shares in the electric car firm plunged by more than 7% at the start of trading on Wall Street – taking about $71bn (Β£52bn) off its market value. The stock has…
The date for Trump’s tariffs to take effect has been extended, with deals being sent to countries from Monday evening, the president said. The 90-day pause on country-specific taxes on US imports was due to end on Wednesday, but instead will expire on 1 August, the Trump administration said. Money blog: ‘I get paid to…
What would a baseball team in Los Angeles want from a retired artist and designer in New York? Janet Bennett wasnβt sure. Generations of Angelenos are familiar with her signature project. You probably have walked right past it. Those colorful tile mosaics that decorate the long corridors toward baggage claim in five terminals at Los…
Justin King, one of Britain’s most prominent businessmen, is in the frame to become the next head of Channel 4, the state-owned broadcaster. Sky News has learnt that Mr King is among the contenders to replace Sir Ian Cheshire as Channel 4 chairman. A Whitehall source said on Monday that the former J Sainsbury chief…
Building society chiefs will this week intensify their protests against the chancellor’s plans to cut cash ISA limits by warning that it will push up borrowing costs for homeowners and businesses. Sky News has obtained the draft of a letter being circulated by the Building Societies Association (BSA) among its members which will demand that…
Thereβs a reason Nate Jacksonβs debut Netflix special arrives during barbecue season. Perched on a stool under the spotlight at his shows, the comedian spends most of the evening delivering hospital-worthy third-degree burns to crowd members who want the smoke. If you lock eyes with him in the first five rows, chances are you even…
MEXICO CITYΒ βΒ By his own admission, the Mexican lawman known as El Diablo β The Devil β supervised a scourge of torture, murder, kidnappings, land grabs and other abuses while amassing a fortune in cartel bribes that bankrolled purchases of homes, cattle and a fleet of buses. Edgar Veytiaβs transgressions came while he was the top…
Former Labour leader Neil Kinnock has called for a “wealth tax” to help the government’s dwindling finances. Lord Kinnock, who was leader from 1983 to 1992, said imposing a 2% tax on assets valued above Β£10m would bring in up to Β£11bn a year. Politics latest: Reeves’s tax turmoil deepens “It’s not going to pay…
