Finance news

• UK warned against being ‘overly reliant’ on Chinese EV batteries

  19-06-2023 21:05 via ft.com
  Badenoch speaks out as deal between Tata and China’s Envision for Britain’s second big factory expected soon
  
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• Two-year UK mortgage rate rises above 6%

  19-06-2023 20:57 via ft.com
  For first time since 2008 two-year gilts also pass 5% ahead of expected increase in interest rates this week
  
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• The great British mortgage squeeze

  19-06-2023 18:54 via ft.com
  Regaining control over inflation is the best way to support homeowners
  
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• Scottish government sets out plan for written constitution

  19-06-2023 18:11 via ft.com
  First minister Humza Yousaf wants to safeguard rights contained in the ECHR
  
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• Salary increases and warm weather made people buy more clothes, says Next

  19-06-2023 17:40 via ft.com
  UK high street bellwether upgraded its profit forecast after better than expected performance in recent weeks
  
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• Next raises profit forecast as salary rises and warm weather spur sales

  19-06-2023 17:40 via ft.com
  UK high street bellwether reports better than expected performance as wage settlements kick in
  
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• ‘I’m turning trash into thousands of pounds - I made £1,300 in just one month’

  19-06-2023 16:34 via express.co.uk
  
  She picks up the furniture for free from trash and thrift stores and spruces them up to sell them on.
  
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• Bank boosts interest on monthly savings account to market-leading 5.42%

  19-06-2023 16:26 via express.co.uk
  
  Monthly interest savings accounts are rising in popularity, and Charter Savings Bank is currently offering the highest rate of interest for two years.
  
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• Low income households to get £170 free cash in weeks to help pay bills - are you eligible?

  19-06-2023 15:50 via express.co.uk
  
  The Department for Work and Pensions' has increased the Household Support Fund by a staggering £842million, providing more help for vulnerable households across England.
  
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• NS&I explains why it seems certain Premium Bonds holders ‘win more often’

  19-06-2023 15:46 via express.co.uk
  
  People with Premium Bonds are entered into a monthly prize draw with each £1 Bond having an equal chance of winning.
  
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• How much does it cost to run a fan? Three vital tips to ‘lower’ price and boost efficiency

  19-06-2023 15:28 via express.co.uk
  
  An average floor fan can cost a person 48p a day, but there are ways to maximise efficiency and keep costs lower, an expert has said.
  
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• Other big UK business lobby groups refuse to attend meetings with CBI

  19-06-2023 15:18 via ft.com
  Exile from ‘B5’ ministerial contact body complicates organisation’s attempts to recover from misconduct scandal
  
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• ‘State pension should be £18,600 - in line with National Living Wage’

  19-06-2023 15:13 via express.co.uk
  
  A petition is calling for state pensioners to be treated "equitably" for the contribution they have made through their working lives.
  
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• State pension could hit £11,000 next year but half a million will people miss out

  19-06-2023 14:43 via express.co.uk
  
  Around 500,000 pensioners miss out on state pension increases each year due to living in a country without a reciprocal social security agreement with the UK.
  
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• Garden ornament bought for £20 sells for £2,600 after turning out to be rare artefact

  19-06-2023 13:54 via express.co.uk
  
  The owners were gobsmacked to hear their garden ornament was valued at £2,600 and dated back to the 1400s.
  
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• Council urges residents to ignore fake council tax refund message: ‘Beware!’

  19-06-2023 12:24 via express.co.uk
  
  Council tax payers have been urged to look out for scams and not to give out personal details if they have any concerns about a message they receive.
  
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• 'First' easy access savings account launched with 4% interest rate online 'since 2009'

  19-06-2023 12:18 via express.co.uk
  
  Coventry Building Society is currently topping the table of easy access savers with its four percent interest rate.
  
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• HMRC scam tactic lets fraudsters empty your bank account instantly if you fall for it

  19-06-2023 11:46 via express.co.uk
  
  Do not open fake HMRC texts! This week we are focussing on how to avoid getting scammed by fake texts promising refunds that don't exist.
  
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• Defeat looms for Sunak as perfect Lib Dem by-election opportunity opens

  19-06-2023 10:30 via ft.com
  Plus, video of rule-breaking in Conservative HQ adds insult to injury as rising mortgage rates pile pressure across whole of UK
  
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• Britain's highest fixed rate - New savings account beats all rivals paying 5.45%

  19-06-2023 09:53 via express.co.uk
  
  After more than a decade when savings accounts paid next to nothing, cash is suddenly king again.
  
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• Meddling with regulators’ duties is an unfortunate UK failing

  19-06-2023 06:00 via ft.com
  Watchdogs are burdened with new social policy obligations, with mixed results
  
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• Financial disputes regulator plays down impact of new UK consumer protection

  19-06-2023 05:00 via ft.com
  Chief ombudsman says she has ‘no interest’ in pursuing spurious claims amid industry concerns
  
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• UK house asking prices weaken as mortgage increases dent confidence

  19-06-2023 01:01 via ft.com
  Home costs fell back marginally from May to June but housing experts say overall market remains ‘robust’
  
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