Financial news

• From houses to wages, it's time we realised that size isn't everything | Julian Baggini

  17-06-2019 11:00
  Our desire to always go one better is natural but that doesn’t mean we should let it consume us with envyAmong our nation’s many long-term property woes is that British homes are not only becoming less affordable, they’re also getting smaller. However, news from over the pond suggests shoebox living may not be a problem after all. In the US, average house sizes have been growing but satisfaction with them has remained flat. Bigger just means bigger; it doesn’t mean better
  
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• Airbnb for clutter: the people renting out storage space in their homes

  17-06-2019 10:30
  The sharing economy meets the mania for decluttering, as people realise they can let others use their spare rooms, sheds and attics for cashYou may not look around a city like London and notice acres of unused space lying empty. But it is there. There might be some inside your own house. Kamal El-Haj and his wife Michelle live in Chingford, and were expecting their second child last summer, so they had just begun to look for new sources of income when they noticed their garage.“All I&rsquo
  
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• I'm a first-time buyer – do I earn enough to get a mortgage?

  17-06-2019 08:00
  I’m worried that the repayments on my help-to-buy loan will count against me with a lenderQ I hope you might be able to provide some insight for me as I begin my (optimistic) search for a first property. I’m 26 years old and single and a couple of years ago, I received a £150,000 inheritance. I have sat on it since then but have finally come to the decision to buy a one-bedroom flat in London. I was renting until a month ago but am now back living with parents to give me a chan
  
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• I’m £960 out of pocket for trying to help the Met police

  17-06-2019 08:00
  I was promised I’d get my money back for damage after a forced entry, but every time I’m refusedCan you help me get my money back – not from a big company but from the Metropolitan police? In March, they called me because a 90-year-old man I try to help was not answering his doorbell. The police had been called because he hadn’t turned up at his book group. They forced their way in and found the man safe in bed, as I had predicted they would.The PC who was there then aske
  
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• UK growth tipped to slow as firms run down Brexit stockpiles

  17-06-2019 01:01 via theguardian.com
  Business group downgrades GDP rises and warns dwindling investment will hurt long-term economyEconomic growth in Britain is expected to slow to the lowest levels since the financial crisis as firms run down Brexit stockpiles, according to a leading business lobby group.After a stockpiling rush this year that pumped up the rate of economic growth, the British Chambers of Commerce said growth would slow in 2020 and 2021. Continue reading...
  
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• Last call for PPI, says finance watchdog

  17-06-2019 01:01 via theguardian.com
  FCI launches advertising blitz to encourage applications for a refund before the August deadlineThe City regulator is launching a final call for payment protection insurance compensation, as the total paid out to consumers passes £35bn.With just over two months to go until the deadline for lodging a PPI claim the UK’s Financial Conduct Authority is launching a new advertising campaign to encourage more applications. Continue reading...
  
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