Finance news

• UK creative industry strategy backed by £77mn in state funding

  13-06-2023 23:30
  Jeremy Hunt says money will boost sector’s economic value by £50bn and add 1mn jobs
  
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• Employment and wages continue to increase but ‘so will interest rates'

  13-06-2023 23:01 via express.co.uk
  
  Though wages have soared by 7.2 percent in the three months, pay continues to be outstripped by rocketing prices caused by inflation.
  
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• Martin Lewis issues ‘clarion call’ to Britons to check if they can boost state pension

  13-06-2023 21:57 via express.co.uk
  
  Martin Lewis urged people to check if they can voluntarily pay National Insurance contributions to boost their state pension.
  
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• Money for UK supercomputer plan ‘needs to be in billions’, says Javid

  13-06-2023 20:19
  Former chancellor warns modest investment will leave Britain lagging its US and EU rivals
  
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• Why is the UK labour market so hot?

  13-06-2023 19:29
  Near-record wage growth and low unemployment are putting workers are in a position of strength, data suggest
  
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• UK post-Brexit border charges will increase food prices warns industry

  13-06-2023 18:39
  Food and logistics bodies say inspection fees on produce from the EU will hit smaller firms and UK families
  
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• State pension triple lock under threat as policy faces ‘heightened challenges’

  13-06-2023 18:29 via express.co.uk
  
  The triple lock policy guarantees the state pension increases by the highest of three criteria each year, with state pensioners receiving a 10.1 percent increase in April.
  
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• UK inflation taking ‘lot longer’ than hoped to come down, says Bailey

  13-06-2023 18:03
  Gilt yields surpass ‘mini’ Budget levels as wage data bolsters case for rate rises
  
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• Thousands of older people could boost state pension by up to £77,400 - ‘amazing news’

  13-06-2023 17:55 via express.co.uk
  
  People can voluntarily buy National Insurance contributions to cover gaps in their record which can potentially increase their state pension payments by a huge amount over the course of their retirement.
  
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• Bank of England: soaring gilt yields sharpen focus on forecasting errors

  13-06-2023 17:25
  BoE’s forecasts are based on announced government policy, while everyone else can use their common sense
  
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• Bank launches new ISA savings accounts offering ‘market leading’ interest rates

  13-06-2023 16:32 via express.co.uk
  
  Shawbrook Bank has today launched a number of market-leading ISA savings accounts.
  
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• UK watchdog bans Anglian Water advert over sewage spill record

  13-06-2023 16:12
  Advert gave ‘misleading’ impression company was making ‘a positive overall environmental contribution’
  
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• Building society launches easy access saver with joint market-leading 4% interest rate

  13-06-2023 15:45 via express.co.uk
  
  Coventry Building Society is offering a highly competitive rate of four percent on its new Four Access Saver.
  
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• DWP urges Britons to check letter which may mean a state pension boost worth £3,500

  13-06-2023 13:12 via express.co.uk
  
  Around 850,000 eligible households are missing out on Pension Credit which can provide extra financial help for those who need it the most.
  
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• Centrica chief warns bad debts will increase UK energy bills

  13-06-2023 11:20
  Ofgem considers allowing extra charges to try to limit installation of prepayment meters
  
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• Gilt yields surpass mini-Budget level on strong UK wage growth

  13-06-2023 11:03
  Data underlines case for Bank of England to continue raising interest rates, say economists
  
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• Gilt yields surpass mini Budget level on strong UK wage data

  13-06-2023 09:28
  Increase underlines case for Bank of England to continue raising interest rates, say economists
  
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• UK private sector wage growth accelerates to 7.6%

  13-06-2023 08:43
  Increase underlines case for Bank of England to continue raising interest rates, say economists
  
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• Mortgage panic is overdone: Lock into a pricey fixed rate today and you could regret it

  13-06-2023 08:26 via express.co.uk
  
  The mortgage market is in disarray, with banks and building societies pulling deals left right and centre, then launching new ones at much higher interest rates.
  
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• Why ‘harvested by hand’ labels bother me

  13-06-2023 06:00
  Supermarket claims about the use of human labour rather than machines give us too little information
  
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• Battery boss urges UK to close subsidies gap with EU and US

  13-06-2023 06:00
  AMTE’s chief says ministers must offer more financial support to become competitive
  
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