Cash

• A European Audiovisual Observatory panel at the Marché du Film in Cannes on May 21, 2026, analyzed the current state of fiscal incentives and cash rebates in European cinema. • The discussion highlighted diverse national strategies, including Italy's use of project caps and tax credits, and Portugal's enhanced incentive rates for sustainable "green" productions. • Experts noted significant regulatory differences, such as the UK's BFI cultural certification requirements and France's distinct provisions for domestic versus international independent producers.

• Federal Reserve Governor Michael Barr said on Wednesday that banks and fintech firms are increasingly using transaction-account data, AI-assisted analysis and behavioral science to measure customers’ financial health. • Barr said these tools let institutions move beyond simply expanding access and instead design products and outreach that can produce “measurable improvement” in outcomes for consumers. • The speech matters because it signals continued Fed interest in responsible innovation, data-driven underwriting and consumer protection as lenders adopt more granular, near-real-time metrics.

Estimates suggest £1bn a year is laundered through high street businesses, with some connected to tax evasion, drugs and counterfeit goods“Dodgy” retail outlets such as vape stores, barbers, mini-marts and sweet shops suspected of being used to launder £1bn of criminal money will be targeted by a new specialist unit, the government has said.A £20m National Crime Agency cell will run and coordinate investigations and raids into businesses suspected of acting as fronts for gangsters, the Home Office said. The NCA and police forces in Greater Manchester, the West ­Midlands, Kent and Essex will recruit 75 officers to boost the effort. Continue reading...

Labor has announced funding for Australian Submarine Agency will jump to $512m in next financial year amid concerns the sovereign submarine fleet may never arriveFederal budget 2026 LIVE updates: Australia government budget announcement and speech – latest newsExplore all of our 2026 Australia federal budget coverageGet our breaking news email, free app or daily news podcastThe budget for Australia’s contentious Aukus deal has ballooned by more than $430m over four years, with the agency charged with securing the country’s nuclear-powered submarines requiring a massive injection of funding and staffing.The Australian Submarine Agency’s resourcing for next financial year will jump by a third – from $385m to $512m. Continue reading...

• Refresco announced a cash acquisition of SunOpta at $6.50 per share, valuing the transaction at approximately 1.1 billion dollars, representing a significant consolidation move in the beverage and specialty food ingredients sector. • The acquisition demonstrates ongoing M&A activity in the food and beverage industry as larger players seek to expand market share and diversify product portfolios through strategic purchases. • This transaction showcases investor appetite for acquisitions despite broader macroeconomic uncertainties, with Lazard acting as financial advisor on the transaction.

Fears over a natural disaster or cyber attack are pushing households into contingency planning, Link survey showsMillions of Britons are “prepping” for a potential “major disruptive event” by keeping a stash of cash at home, stockpiling tinned goods or ensuring they have a battery-powered torch close to hand, new data suggests.With war raging in the Middle East and Ukraine, extreme weather becoming more frequent, and warnings that the UK’s critical infrastructure is at risk from cyber-attacks and power outages, many people feel the world has become a more dangerous and chaotic place. Continue reading...

Councillor announces plan to withdraw from government-funded programme in run-up to May electionsUK politics live – latest updatesThe Reform-led Lancashire county council will withdraw from the government’s refugee resettlement scheme, one of its cabinet members has said.Councillor Joshua Roberts announced plans for Lancashire to leave the scheme, which would make it the first local authority to do so. Continue reading...

• Bank of America analyst Epstein reiterated a Buy rating on Boeing (BA) with a $270 price target, signaling meaningful upside potential for the aerospace manufacturer. • Boeing's Q1 2026 earnings report, released April 22, showed revenue of $22.2 billion from 143 commercial deliveries and a record backlog of $695 billion covering over 6,100 commercial airplanes, though the company posted a GAAP loss per share of ($0.11). • The company guided to generate $1 billion to $3 billion in free cash flow for full-year 2026, with analyst estimates around $2.55 billion, representing a significant improvement signaling progression in the company's recovery trajectory.

• Berkshire Hathaway's cash and equivalents surged to $168 billion at the end of Q1 2026, its highest level in over a decade, as Warren Buffett continued to reduce equity holdings amid concerns over elevated asset valuations. • The conglomerate reduced its Apple stake by 8% during the quarter and trimmed Bank of America holdings further, citing a lack of compelling investment opportunities in current market conditions. • Investment income from fixed-income holdings generated $3.2 billion in the first quarter alone, demonstrating how Berkshire's massive cash reserve is now earning meaningful returns in a higher-rate environment.

Engine-maker CEO hails ‘critical milestone’ for company in race to deliver SMR technology built at Wylfa plant on Anglesey Business live – latest updatesRolls-Royce has secured up to £599m from Britain’s national wealth fund as it races to develop the UK’s first small modular nuclear reactors.The fund will help support Rolls-Royce’s design of small modular reactors (SMRs) at Wylfa on the island of Anglesey (called Ynys Môn in Welsh). Continue reading...

Residents of Fleetwood say continuous foul smell from Transwaste site is making life hell and making them sickIn the week that many families took to the coast for the fresh sea air or the tang of fish and chips, visitors to one Lancashire resort inhaled a rather more unpleasant aroma.“Welcome to Fleetwood,” read the local newspaper headline. “The town that smells of bin juice.” Continue reading...

Interest rates as high as 4.45% and a steep cut in next year’s allowance fuel forecast of last-minute rush Savers who want to make the most of this year’s cash Isa allowance are being urged not to leave it to the last minute, as the deadline for applications falls on the Easter weekend.The Isa wrapper allows people to save or invest money and benefit from the returns free of tax. Each tax year, people can pay in up to £20,000, which can then be moved around in subsequent years without the tax benefits being lost. Continue reading...

From 6 April, low-income families can claim universal credit payments for all children living in the householdThe two-child benefit policy has been described as a “cap on childhood” and as it comes to an end, Claire* hopes to throw a birthday party for her son.It is a celebration most children may take for granted, but Claire and her partner run out of money at the end of every month, skipping meals so that their three children can eat. Her son, now in his final year at primary school, has never had a party. Continue reading...

Industry groups say delay to defence investment plan (DIP) leaving UK behind in global race for fundingDefence manufacturers are going bust while others have been left in “paralysis” and “bleeding cash” as they wait for a long-delayed UK military spending plan for the next decade, MPs have heard.Industry groups said that a more than six-month delay to the defence investment plan (DIP) has also left the UK behind Germany and the US in attracting cash from global investors. Continue reading...

David Pocock says a flat 25% export levy on gas producers could redirect ‘wartime profits’ to struggling AustraliansGet our breaking news email, free app or daily news podcastPressure is mounting on the Albanese government to help households struggling with fuel prices, with working from home and free public transport posited as possible solutions.Nearly 150,000 New Zealand families will soon receive a weekly cash payment to help them afford petrol, believed to be the world’s first fuel relief package that directly pays citizens since the Israel-US war on Iran began. Continue reading...

Policy begins on 1 April and is aimed to ease financial pressure as the price of fuel surges due to conflict in the Middle EastNearly 150,000 New Zealand families will soon receive a weekly cash payment to help them afford petrol, the government has announced, in what is believed to be the world’s first fuel relief package that directly pays citizens since the Iran war began.On Tuesday, prime minister Christopher Luxon and finance minister Nicola Willis announced roughly 143,000 families with children will get an extra NZ$50 ($29.20; £21.80) a week through a boost to the in-work tax credit – a payment to families with dependent children where at least one parent is in paid employment and neither parent receives benefits. Another 14,000 families on slightly higher incomes will also be eligible for payments, but will receive less than $50 per week. Continue reading...