Finance news

• State pension set to rocket as elderly handed extra £72 a month to battle cost of living

  15-08-2023 23:01 via express.co.uk
  
  The state pension is expected to rise to £11,469 next year due to a significant increase in pay inflation, which could give pensioners an extra £72 a month.
  
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• Record wages growth puts pressure on Bank of England

  15-08-2023 23:01 via express.co.uk
  
  Record wages growth adds pressure on Bank of England to raise interest rates amidst inflation concerns.
  
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• Cash ISAs regain popularity as taxable savings accounts face income tax for many savers

  15-08-2023 23:01 via express.co.uk
  
  Cash Isas are set to swing back into favour as millions who put their money into taxable savings accounts pay income tax on their interest for the first time in years.
  
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• UK lenders bet on inflation falling with mortgage rate cuts

  15-08-2023 20:08
  Banks and building societies cut prices for fourth consecutive week, but charges remain higher than a year ago
  
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• UK could be hit by 'contagion' derailing China's £2.4trn banking system, says Harvey-Jones

  15-08-2023 18:30 via express.co.uk
  
  UK stock markets slumped today as concerns mounted over the state of China's economy and the knock-on effect it could have on the West.
  
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• PIP warning as DWP sends out assessments to claimants with first landing within days

  15-08-2023 15:10 via express.co.uk
  
  Britons who claim PIP and are due for a "light-touch" review should expect correspondence as 10-year terms expire.
  
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• How the Bank of England can start to solve its prediction puzzle

  15-08-2023 13:00
  Brainwaves for Bernanke
  
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• China set to trigger deflationary meltdown - and still the BoE hikes interest rates

  15-08-2023 13:00 via express.co.uk
  
  The Bank of England is about to make a second calamitous error. After ignoring obvious signs that inflation was about to take off it's now making the reverse mistake, and ignoring the looming threat of deflation.
  
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• What wage increases mean for state pension triple lock and Bank of England

  15-08-2023 12:38 via express.co.uk
  
  EXCLUSIVE: Another big state pension boost is likely for next year but the triple lock policy may soon be seen as unsustainable, economist Julian Jessop has warned.
  
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• The west has forgotten the limits of government

  15-08-2023 12:14
  Scepticism is precious in a world in thrall to the power of the state
  
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• 'I live in fear': Woman loses £40,000 to online scam using Martin Lewis in its advert

  15-08-2023 12:14 via express.co.uk
  
  A woman from Somerset invested in cryptocurrency under the false belief it was backed by Money Saving Expert founder Martin Lewis.
  
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• Billions dumped into zero interest accounts leaving millions missing out on extra savings

  15-08-2023 10:42 via express.co.uk
  
  Latest stats from the Bank of England reveal £2.1billion was added to zero percent interest accounts in June alone.
  
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• End of cheap money era manifests itself in voter ‘realignment’

  15-08-2023 10:30
  Conservatives scored votes from people who benefited from ultra-low interest rates — but that time is over
  
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• Barclays increases interest on seven savings accounts and ISAs with rates up to 5.5%

  15-08-2023 10:07 via express.co.uk
  
  Banks have recently come under pressure from the FCA to align interest rates with the Bank of England Base Rate, and Barclays is next to revise its deals.
  
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• UK wage growth fuels inflation concerns

  15-08-2023 08:29
  Private sector pay rose 8.2% between April and June
  
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• Record UK wage growth fuels inflation concerns

  15-08-2023 08:29
  Markets price in further interest rate rise after data shows private sector pay rose 8.2% in three months to June
  
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• This village shows how a pylon backlash threatens the green energy shift

  15-08-2023 06:00
  Ardleigh residents reject ‘bribes’ for net zero power infrastructure
  
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• Anger in Ardleigh as villagers reject ‘bribes’ for pylons

  15-08-2023 06:00
  Prospect of compensation to ease building of net zero power grid upsets Essex residents
  
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