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Budgets, Boeing and a Poundland wobble
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Morning, the Budget is creeping closer and it's already stirring up headlines. Meanwhile Boeing had a rough day and Poundland might be on its last legs. Grab a coffee, there's a lot to get through.
BBC Business
Minimum wage going up, but not for everyone
The minimum wage is set to rise in this month's Budget, alongside cost of living help. But 18 to 20 year olds won't get the same bump, so it's a mixed bag depending on your age. Worth watching if it affects your household budget or any business you're invested in.
CNBC Top News
Boeing stock takes a 10% nosedive
Boeing shares sank after the company said it won't ramp up 737 Max production until late 2027, way later than hoped. That's a long wait for investors banking on a quicker recovery. Full results land Tuesday, so expect more detail then.
This is Money
Poundland could be on the brink
Poundland's private equity owners are weighing up selling off stores after talks with their preferred buyer fell apart. That puts shops and jobs at risk, a reminder that even cheap and cheerful retailers aren't immune to tough times on the high street.
This is Money
A charity trick that could save you £40k on inheritance tax
More families are expected to get caught by inheritance tax rules in the coming years thanks to a key change. But there's a lesser-known way to use charitable giving to knock a serious chunk off that bill, up to £40,000. Could be worth a look if estate planning is on your radar.
The Motley Fool UK
UK bank stocks have tanked, here's who pays best
FTSE 100 bank shares have taken a hit recently, which makes their dividends look bigger compared to the share price. If you're hunting for passive income, this dip might be worth a closer look, though remember share prices can keep falling before they recover.
The Guardian Business
Free-ish loans for solar panels and heat pumps
The government's new Warm Home Loans scheme offers interest-free or low-interest loans to cover solar panels, batteries and heat pumps. The idea is to cut energy bills by hundreds of pounds a year without any upfront cost, which is handy if your energy bill has been giving you nightmares.
Marcus's take
Big companies like Boeing remind us that even giants stumble when timelines slip. Smaller stories, like Poundland's troubles, tell you just as much about the mood of the economy. Add in a Budget that's trying to please everyone and pleasing no one, and you've got a classic British money soap opera. Stay curious, not panicked. That's the Fieldnote way.
One more thing
If your energy bill makes you wince, you are not alone. Even the kettle has started asking for a pay rise.
That is all for today.
Marcus
Fieldnote