Finance news

• Cost of London-to-Birmingham leg of HS2 jumps by a fifth to £54bn

  12-10-2023 20:04 via ft.com
  Increase comes after UK government axed rest of line to Manchester in bid to save £36bn
  
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• Santander Bank has increased the interest rate of one of its savings accounts

  12-10-2023 17:12 via express.co.uk
  
  Banks, such as Santander, are offering hiked savings interest rates to customers but inflation continues to be an issue.
  
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• Happy LDImageddon anniversary

  12-10-2023 16:55 via ft.com
  We go again
  
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• From British Gas to E.ON - full list of energy providers offering £150 help with bills

  12-10-2023 16:52 via express.co.uk
  
  Britons need to be in receipt of certain benefits to claim the Warm Home Discount.
  
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• Britons urged to check your coins as rarest 50p sells for £2,500 after eBay bidding war

  12-10-2023 16:32 via express.co.uk
  
  Britons are urged to check their wallets for old coins as they could be worth thousands.
  
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• Rates decisions ‘finely balanced’, says Bank of England chief economist

  12-10-2023 15:30 via ft.com
  Comments from Huw Pill come as new figures suggested UK economy was near-stagnant in third quarter
  
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• Best European cities for pensioners to retire to on under £1,500 a month

  12-10-2023 14:50 via express.co.uk
  
  Retiring abroad may be a distant dream for many due to their finances however new data has shown the best cities one can retire in for under £1,500 a month.
  
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• Israel-Hamas war sparks oil supply chaos fears as markets 'on tenterhooks'

  12-10-2023 14:37 via express.co.uk
  
  The Middle East accounts for more than one-third of the world's seaborne oil trade and with tensions rising, the market is "on edge".
  
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• ‘I make £400 more a month and work less after moving my family to Australia!’

  12-10-2023 13:36 via express.co.uk
  
  Families are making the decision to move halfway across the world to earn more money and have a less stressful job.
  
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• Need to Know: What do Metro Bank’s financial woes mean for customers?

  12-10-2023 12:51 via ft.com
  There are consequences for both borrowers and savers
  
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• ‘I turned my dog walking side hustle into a £2,500 business - it’s my dream job!’

  12-10-2023 12:32 via express.co.uk
  
  Side hustles are allowing people to create new jobs for themselves and make a lot of money in the process.
  
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• Bank increases interest on easy access savings to 5.09% and earns 'excellent' rating

  12-10-2023 12:27 via express.co.uk
  
  Hampshire Trust Bank has raised its position in the easy access savings market with its new online deal.
  
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• Extra £76 a month being handed to some state pensioners - check your eligibility

  12-10-2023 12:18 via express.co.uk
  
  New guidance outlines that those on Pension Credit could get an extra £76.40 if they claim other benefits such as PIP and Attendance Allowance.
  
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• £110bn a year! That's what the UK borrows just to pay the interest on its debts

  12-10-2023 12:02 via express.co.uk
  
  The UK will borrow a staggering £137billion this year but nearly all of it will go on servicing the interest on our national debt. The whole country is living on the never-never.
  
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• Bernie Ecclestone pleads guilty to £400mn tax fraud

  12-10-2023 11:09 via ft.com
  Former Formula One boss admits failing to declare overseas assets to UK tax authority
  
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• NS&I explains how you can buy Premium Bonds when website is down

  12-10-2023 10:34 via express.co.uk
  
  A woman asked the provider for help as she wanted to buy more Premium Bonds but the website wasn't working.
  
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• Jeremy Hunt hails economy outstripping French growth but issues inflation warning

  12-10-2023 10:32 via express.co.uk
  
  The UK economy grew by 0.2 percent in August and this was largely driven by a rebound in the service sector.
  
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• UK economy rebounds partially in August driven by services output

  12-10-2023 09:57 via ft.com
  Economists warn of slower recovery in third quarter as high inflation and interest rates bite
  
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• Ofgem energy bill hike under consideration over fears firms will go bust

  12-10-2023 09:03 via express.co.uk
  
  Ofgem is looking at a one-off increase to the energy price cap as suppliers are struggling with debts.
  
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• EasyJet rakes in record profits of up to £670m and will resume dividend payments

  12-10-2023 09:03 via express.co.uk
  
  Increased fare prices and a rise in passenger numbers were said to have driven EasyJet's profits.
  
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• Top savings account still pays 6.12% but can today’s rates last much longer?

  12-10-2023 07:30 via express.co.uk
  
  Experts are warning that returns from today's best buy fixed savings accounts may fall faster than expected after US policymakers indicated that interest rates may not go any higher.
  
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• UK house prices drop 13.4% from peak in real terms

  12-10-2023 06:00 via ft.com
  Inflation masks extent of decline from March 2022 record level
  
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• The case for a sterling squeeze

  12-10-2023 06:00 via ft.com
  ‘Is the pound the UK’s economic release valve?’ and several other questions, somewhat answered
  
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• Water worries test Northern Ireland’s stagnant politics

  12-10-2023 05:00 via ft.com
  The region’s infrastructure is creaking in the absence of a functional executive at Stormont
  
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• Overseas hiring props up England’s social care sector, data shows

  12-10-2023 01:02 via ft.com
  Homes in Scotland and Northern Ireland, which pay higher wages, are less reliant on foreigners
  
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• More surveyors report falling UK house prices than at any time since 2009

  12-10-2023 01:02 via ft.com
  Rics survey shows demand for homes and sales volumes also contracted in September
  
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