Topic

Cost of living crisis

Nationwide Building Society launches 8% savings rate and £200 switching offer

According to financial information website Moneyfacts, the last time a cash regular savings account was offering a rate of 8% was in 2013.

How on earth British Gas can increase profits tenfold in a cost-of-living crisis?
Russian warships practise seizing Black Sea cargo ships amid fears of escalation
How the pay rise for public sector workers compares to people in the private sector

BusinessThe Guardian
Budget surplus up to $22bn thanks to strong jobs market and higher commodities prices
Despite improved short-term outlook, Jim Chalmers says structural pressures are ‘intensifying rather than easing’

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BusinessThe Telegraph
Jeremy Hunt faces 'difficult decisions' ahead of Autumn Statement
Jeremy Hunt has said that tax cuts are “virtually impossible” despite the Government borrowing less-than-expected this year.

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NewsThe Telegraph
SNP to review gas boiler ban after PM rows back on net zero target
Humza Yousaf’s government has been forced to examine its proposed ban on gas boilers in Scotland’s homes after Rishi Sunak rowed back on his net zero targets.

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BusinessThe Independent
Payday loans and side hustles: Will a freeze in interest rates really help struggling households?
Londoners said the rate freeze did little to solve the cost of living crisis or soaring prices

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BusinessThe National
Scottish school strikes to go ahead as union rejects 'final' pay offer
SCHOOLS across much of Scotland are set to close next week after a union rejected the “best and final” pay offer from council leaders.

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NewsThe Guardian
The Guardian view on Europe’s politics: volatile and drifting rightwards
Editorial: New research exposes the growing influence of the radical right on more mainstream forces. A counteroffensive is overdue

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BusinessThe Independent
How interest rates announcement will affect mortgages and savings
There is light at the end of the tunnel for mortgage holders but savers face lower rates

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BusinessThe Guardian
Co-op boss urges police to take shoplifting more seriously after £33m cost
Matt Hood says shoplifting increasingly seen as crime with no consequences with rise in organised gangs looting stores

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BusinessEvening Standard
Rate hike pause ‘will offer some relief to those struggling with housing costs’
The rate pause brings relief to mortgage holders but some finance experts suggested the best cash savings deals may not be around for much longer.

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NewsThe Independent
US, UK and other major polluters sidelined at ‘no-nonsense’ UN climate ambition summit
‘Humanity has opened the gates to hell,’ said UN Secretary General Antonio Guterres

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