Finance news

• MPs’ pension fund shuns UK equities

  24-10-2023 22:00
  Parliamentary scheme highlights challenge of government push for more domestic investing
  
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• Britons warned they could get £300 fine if they use a log burner

  24-10-2023 20:53 via express.co.uk
  
  Consumers have been warned the amount of smoke new stoves can emit per hour under the law has dropped.
  
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• Warning of risks to tourism on island of Ireland from new UK travel scheme

  24-10-2023 20:11
  Requirement for electronic authorisation will act as deterrent for up to 1mn visitors a year, it is feared
  
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• Petition branding Universal Credit change 'inhumane' gets over 22,000 signatures

  24-10-2023 19:41 via express.co.uk
  
  The Government will now have to respond to the petition.
  
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• Santander slashes mortgage rates for homeowners - list of changes here

  24-10-2023 19:38 via express.co.uk
  
  Banks, including, Santander, are reducing mortgage rates to better assist homeowners during these turbulent economic times.
  
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• Sunak and Hunt have a talent for raising taxes - it'll be their greatest legacy

  24-10-2023 19:00 via express.co.uk
  
  Nobody has a good thing to say about today's Tory government. Even loyal Conservatives despair. They've had one big success, though, and we need to give them the credit for it.
  
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• State Pension 'must rise to 75' in huge financial warning

  24-10-2023 18:56 via express.co.uk
  
  The CSJ think-tank's warning comes at a time of economic difficulty for the UK as it grapples with a rising life expectancy and a stretched NHS.
  
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• 20p sells at auction for £1,400 because of an error - do you have a similar coin?

  24-10-2023 18:44 via express.co.uk
  
  Coin collectors could make a lot of money if they decide to sell rare coins at auctions.
  
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• Santander issues ‘high alert’ scam warning as fraud reports rise by 100 percent

  24-10-2023 16:38 via express.co.uk
  
  Banks, such as Santander, are issuing scam warnings amid a rise in reports of impersonation fraud.
  
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• UK's job figures 'deeply flawed', warn analysts

  24-10-2023 15:33
  ‘Experimental’ estimates showing slight rise in unemployment leave Bank of England without key information at critical time for economy
  
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• 'Not a bean!' Premium Bonds saver despairs as they win nothing in 2 years - NS&I responds

  24-10-2023 15:16 via express.co.uk
  
  The customer asked provider NS&I if there was "any point" investing in the Bonds after her spate of bad luck.
  
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• UK axes cap on bankers’ bonuses

  24-10-2023 15:05
  Move aimed at boosting City will abolish EU rule that limits payouts to twice base salary
  
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• Kemi Badenoch hails 'massive' Brexit win as UK trounces every EU nation in Remainer blow

  24-10-2023 15:00 via express.co.uk
  
  Only the USA and China have attracted more venture capital investment than the UK this year.
  
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• Man, 55, fears losing home as interest only mortgage ends in 7 years with £180,000 left

  24-10-2023 14:50 via express.co.uk
  
  The man fears losing his home after his deal ends as he will not be able to manage a new mortgage deal.
  
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• Interest rates warning as Bank of England rises 'not enough to fight corrosive' inflation

  24-10-2023 14:21 via express.co.uk
  
  Savers are seeing returns on their accounts diminished due to the "corrosive" impact of inflation.
  
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• State pension age is changing again - check earliest age you can get payment

  24-10-2023 14:01 via express.co.uk
  
  The full new state pension is currently worth £203.85 a week, but this could increase by up to 8.5 percent next April if the triple lock is reinstated.
  
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• Thousands of older Britons forced to retire early as 250,000 leave employment

  24-10-2023 13:54 via express.co.uk
  
  A total of 3.5 million people aged 50 to 64 are currently economically inactive.
  
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• Millions of women ‘relying’ on state pension for retirement but income ‘not enough'

  24-10-2023 13:24 via express.co.uk
  
  Over 50s are not saving enough money in their pensions for retirement, according to new research.
  
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• UK set to axe caps on bankers’ bonuses

  24-10-2023 13:10
  Move would abolish 2014 EU regime that limits payouts to twice base salary and is part of post-Brexit push to boost the City
  
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• UK set to axe cap on bankers’ bonuses

  24-10-2023 13:10
  Move to boost the City in the wake of Brexit would abolish EU rule that limits payouts to twice base salary
  
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• Win a TalkTalk broadband package with seamless streaming worth over £800 this winter

  24-10-2023 12:51 via express.co.uk
  
  As the cold winter nights start drawing in, TalkTalk is giving one Express reader a value-packed Full Fibre 900 broadband package worth more than £800.
  
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• Heat pump grant given £7,500 boost as uptake slow across England and Wales

  24-10-2023 12:48 via express.co.uk
  
  From today, a 50 percent increase is available in the Government grant for households to install air source heat pumps to help families cover the upfront cost of installing the eco-friendly form of heating.
  
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• UK business activity contracts for third consecutive month

  24-10-2023 12:25
  High interest rates and falling exports continue to hit economy, purchasing managers’ index indicates
  
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• Four months in the life of a London IPO

  24-10-2023 12:17
  CABtastrophe
  
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• UK unemployment rises to 4.2% amid higher interest rates

  24-10-2023 08:48
  ONS data derived from tax records and benefits claims shows increase from 4% the previous quarter
  
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• UK unemployment rises to 4.2%, according to ‘experimental’ ONS estimates

  24-10-2023 08:48
  Problems with agency’s labour force survey leave Bank of England without key data on jobs market
  
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• UK ‘real living wage’ to jump to £12 an hour in 2024

  24-10-2023 01:01
  Double digit pay increase will directly benefit about 460,000 people at 14,000 employers
  
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