Financial news

• RWC final ticket prices rocket up to £12,400 on resale websites

  27-10-2019 17:32
  England’s semi-final win stokes demand despite warnings resold tickets may be rejectedEngland rugby supporters are facing a costly scramble for World Cup final tickets after the semi-final win against New Zealand sent prices rocketing to up to £12,400 each, 16 times their face value.Demand for tickets to see England take on South Africa has sent prices soaring on resale websites such as Stubhub and Viagogo, despite tournament organisers warning that they will not be accepted. Continu
  
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• Sajid Javid has only added to Brexit turmoil by delaying the budget | Richard Partington

  27-10-2019 15:05 via theguardian.com
  When economy needs leadership, No 11 occupant cements reputation as ‘chancellor only in name’ insteadIt was supposed to be the event to end austerity. A budget to turn the page; to enact the “people’s priorities”, with everything to like and nothing to hate. But what should have been a pivotal moment for a country tired of austerity, Brexit and political chaos became another moment of shambles for Sajid Javid instead.In yet another example of Brexit derailing the us
  
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• Wait eight seconds longer for your kettle – and cut your carbon bill

  27-10-2019 10:15
  Electricity North West says plans to lower its voltage could cut emissions by 10% and save customers £60 a yearFrom Cheshire to Cumbria, thousands of people may soon be waiting a little longer for kettles to boil. A small sacrifice, perhaps, for cheaper energy.Under plans to lower the voltage of energy grids across the north-west of England, about 45,000 homes can expect to shave £60 from their annual electricity bills. The scheme could save millions of pounds on energy a year and cu
  
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• The solution to ageing Britain’s housing crisis? Build almshouses

  27-10-2019 09:47
  As the number of older people in the UK rises, policymakers and planners are urged to back radical plans to promote integrationArchitects and planners need to radically rethink housing policy for older people as the number of Britons over the age of 85 is set to nearly double in the next 25 years, a prominent social historian has said.“The great issue for public policy now is to choose whether to regard the growing population of older people in the UK as a medical/custodial ‘problem&
  
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• Where can you go if you’re in need of a quick quid?

  27-10-2019 07:00
  Britain’s biggest payday lender has gone into administration, but there are alternativesMany people will not be sorry to hear that Britain’s biggest payday lender, QuickQuid, is to close, just over a year after the sector’s best-known player, Wonga, collapsed. But if you urgently need a bit of cash for a short period, where can you turn?CashEuroNet UK, which operates the QuickQuid brand, stopped lending after Grant Thornton, the accountancy firm, was appointed as its administra
  
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• Are micro-houses the solution to Britain’s homelessness crisis?

  27-10-2019 07:00
  With an estimated 320,000 people homeless in Britain, charities are turning to using tiny ‘pods’ as temporary accommodationWith a single bed, a chemical toilet and a phone charger in a very tight space, a “micro sleeping pod” is very much basic living. But for those that live in the tight shelters, set up by a charity, they provide a link between living on the streets and finding more long-term accommodation. And then there is the cost – at £10,500 for the pai
  
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• Lloyds to have last word on scale of PPI scandal

  27-10-2019 02:59
  We find out the final mis-selling bill when the banks report this week, with the black horse bringing up the rearMore than £50bn – that’s what the PPI scandal has cost Britain’s banks. How much more will become clearer this week when Lloyds, the biggest seller of the dud product, winds up the banks’ trading statement season on Thursday.PPI – short for payment protection insurance – is the biggest rip-off in British banking history. The bill so far for re
  
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