Financial news

• Thousands of Virgin Media customers in UK hit by outages

  04-04-2023 20:21
  
  Provider said most problems were resolved but customers reported continuing glitches with internet, phone and TV Thousands of Virgin Media customers across the UK experienced widespread internet, telephone and TV outages throughout Tuesday.Downdetector, which tracks outages, said around 50,000 people had reported problems with their services at one point, with the glitch first noticed by some customers shortly after 1am BST. Continue reading...
  
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• Universal Credit warning as benefit payment dates to change over Easter period

  04-04-2023 18:50 via express.co.uk
  
  Some payments will be made early to ensure they go out on days when Jobcentre Plus offices are open in case there are any issues.
  
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• Deaths, black mould, failing staff: social housing doesn't have to be this way | Anne Perkins

  04-04-2023 18:39
  
  When I joined the board of an English housing association I saw the pressures facing landlords under this governmentHousing associations are hard to defend right now. This week, an investigation by the BBC exposed disturbing new details about the case of Sheila Seleoane, the woman whose body lay undiscovered for two years despite neighbours repeatedly complaining about the smell to their landlord. Peabody continued claiming her rent despite cutting off her gas because she did not open the door f
  
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• 'Prepare for the worst': Britons face paying extra £4,500 a year in bills from this week

  04-04-2023 17:30 via express.co.uk
  
  Many household bills are increasing from this month including energy bills and council tax.
  
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• Britons could save £1,218 and 'stop paying interest' for months via credit switch

  04-04-2023 16:02 via express.co.uk
  
  A balance transfer credit card can help people save hundreds if not thousands of pounds in interest payments, TotallyMoney has said.
  
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• Mum who struggles to get to Aldi and Lidl shares how she manages to save £209 on food shop

  04-04-2023 14:48 via express.co.uk
  
  The money-saving mum says she has "zero brand loyalty" as she is happy to shop around for the cheapest offers.
  
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• Millions of pensioners stuck 'in limbo' after state pension age rise to 68 delayed

  04-04-2023 14:45 via express.co.uk
  
  EXCLUSIVE: Campaigners are urging ministers to hit pause on the plans to hike the state pension age to 67.
  
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• Martin Lewis shares ‘clever’ variable energy tariff that is 'currently a lot cheaper'

  04-04-2023 14:22 via express.co.uk
  
  Octopus energy customers have access to a "clever" variable rate tariff that could help them save some cash, Money Saving Expert Martin Lewis told listeners on BBC Radio 5Live.
  
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• Amazon to close Book Depository online shop

  04-04-2023 13:07
  
  Gloucester-based bookseller bought by the retail giant in 2011 will shut at the end of AprilThe online shop Book Depository is due to close at the end of April, vendors and publishing partners have been told. This comes after the bookseller’s parent company Amazon announced it had decided to “eliminate” a number of positions across its Devices and Books businesses.The Gloucester-based bookseller was founded in 2004 by Stuart Felton and Andrew Crawford, a former Amazon employee,
  
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• ‘It needed to feel like a treat’: our first holiday without kids in 22 years and the beautiful Welsh cottage where we spent it

  04-04-2023 13:04
  
  For their first mini-break as empty nesters, writer Lucy Dunn and her husband found a converted milk parlour to stay in just outside the picturesque town of Llandeilo in the Brecon Beacons. It lived up to the hypeSo now it’s just the two of us, which is why we’ve decided to book a holiday to celebrate our last child leaving home and us becoming officially free agents. Nevertheless it still feels weird. What are we going to talk about for the whole weekend?We know what we’re loo
  
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• Millions could save up to £266 on their broadband bills as prices set to rise by 17.3%

  04-04-2023 12:58 via express.co.uk
  
  Millions of broadband and mobile customers are facing bill rises of up to 17.3 percent this month, but some providers offer deals to help Britons manage the April increases.
  
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• TikTok fined £12.7m for UK data protection law breaches

  04-04-2023 12:56
  
  Violations include using data of children without parental consent, says information commissionerTikTok has been fined £12.7m for multiple breaches of data protection law, including using the personal data of children aged under 13 without parental consent, Britain’s data watchdog has said.The Chinese-owned video app had not done enough to check who was using the platform and remove underage children, the Information Commissioner’s Office (ICO) said on Tuesday. Continue reading
  
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• Virgin Media restores internet service after outages across UK – business live

  04-04-2023 12:36
  
  Company’s own website down as well as internet inaccessible for many. Follow all our live coverage of business, economics and financial marketsIt has not been a great day for companies bearing the Virgin brand. Virgin Orbit, the satellite launch company started by Sir Richard Branson, has filed for US bankruptcy protection.Last-ditch efforts to find funding for the struggling space firm fell through, the Guardian’s Kalyeena Makortoff reports.While we have taken great efforts to addre
  
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• ‘Now or never!’ Savers urged to act as £20,000 ISA allowance expires in days

  04-04-2023 12:18 via express.co.uk
  
  The ISA allowance will run out in just a few days, giving Britons a limited scope to take action or lose the allowance for good.
  
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• Credit Suisse chair ‘truly sorry’ over downfall of 167-year-old bank

  04-04-2023 11:45
  
  Boss apologises to investors for crisis that left bank with choice of UBS takeover or bankruptcyThe chair of Credit Suisse has told shareholders at the 167-year-old bank’s last-ever annual general meeting that he is “truly sorry” that the lender failed to stem the crisis that led to its emergency takeover by UBS last month.Axel Lehmann told investors gathered in Zurich on Tuesday that bosses had legitimate plans to turn the bank around but had been “thwarted” by mar
  
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• State pensioners with one of 56 health conditions could get £441 a month - how to claim

  04-04-2023 11:17 via express.co.uk
  
  Millions of state pensioners are thought to be missing out on extra financial support through Attendance Allowance.
  
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• ‘Smart’ tech is being weaponised by domestic abusers, and women are experiencing the worst of it | Coco Khan

  04-04-2023 11:00
  
  Access to doorbells, heaters and watches means that vindictive partners can control and torment wives and girlfriendsReaders may be familiar with the famous Dolly Parton line “It costs a lot of money to look this cheap”. I like to paraphrase it. If I have a guest at my home, I’ll sweep my hand across the room and say: “Friend, it took a lot of learning to live this dumb.” No, I’m not talking about learning to wear my Danny Dyer T-shirts with pride. I’m t
  
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• Revealed: UAE plans huge oil and gas expansion as it hosts UN climate summit

  04-04-2023 11:00
  
  Exclusive: UAE’s fossil fuel boss will be the president of Cop28, making a mockery of the summit, say campaignersThe United Arab Emirates, which is hosting this year’s UN climate summit, has the third biggest net zero-busting plans for oil and gas expansion in the world, the Guardian can reveal. Its plans are surpassed only by Saudi Arabia and Qatar.The CEO of the UAE’s national oil company, Adnoc, has been controversially appointed president of the UN’s Cop28 summit in D
  
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• '5.5% a year': Beat every cash Isa to earn £1,000 income that rises over time

  04-04-2023 09:50 via express.co.uk
  
  Savers and investors could use their annual Isa allowance to generate a starting income of up to £1,000 a year that should steadily increase over time.
  
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• Collective goals: multi-club ownership is changing world football’s landscape

  04-04-2023 09:00
  
  The new Hertha Berlin investors, 777 Partners, are one of many groups putting money into multiple clubs around the world“We don’t have a hierarchy of clubs - this is not a pyramid-type model,” Joshua Wander insisted after 777 Partners completed its purchase of a 64.7% majority stake in Hertha Berlin last month. “This is really about preserving the independence and the deep and rich histories of the individual clubs. We want to provide our clubs with the tools so that they
  
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• Virgin Orbit files for bankruptcy protection in US after failing to find funding

  04-04-2023 08:55
  
  Move by firm founded by Sir Richard Branson comes days after 85% cut of workforce announcedVirgin Orbit, the satellite launch company founded by the billionaire Sir Richard Branson, has filed for bankruptcy protection in the US after last-ditch efforts to find funding for the struggling space firm fell through.It comes less than a week after the company announced it was cutting 85% of its workforce, leaving roughly 100 employees to run what was left of the business. The US-based firm will seek a
  
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• ‘Much less stressful’: London City airport ends 100ml liquid rule

  04-04-2023 08:00
  
  Upgraded scanners allow travellers to bring containers of up to 2 litres in hand luggageThere’s a litre of water plus big bottles of shampoo, sun lotion and mouthwash sloshing around next to the clothes and laptop in my green wheelie case, which has just disappeared into the mouth of the scanner at London City airport. I had even recklessly bunged in my makeup bag.After years of being conditioned to travel with micro toiletries, my heart is beating faster. I’m waiting for a klaxon to
  
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• Alexa, I’m in the dark. Why has my Amazon account disappeared?

  04-04-2023 08:00
  
  When I couldn’t turn on the lights she told me there was ‘no account associated with this device’In December I came home and, as usual, shouted to Alexa to turn on the lights but was surprised when she responded that there was “no Amazon account associated with this device”. Frustrated and in the dark, I tried to log in, only for the app to confirm there was no account associated with my email.I have a disability that means I cannot make phone calls, so my husband u
  
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• A salmon tax: could Norway’s plan share the benefits of the seas?

  04-04-2023 08:00
  
  Oslo wants to raise taxes on its aquaculture industry, which could provide a model for how to better manage the marine environmentNorway supplies more than half of the world’s farmed salmon – a whopping 1.5m tonnes last year. After fossil fuels, it is the country’s largest source of national income, and a hugely lucrative one: in 2022, operating profit margins for Norway’s salmon farmers were estimated at 45%.Last September, the Norwegian government set out a proposal to
  
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• Too good to be true? What it is really like to win a £3m dream home

  04-04-2023 07:00
  
  Companies that offer lottery-like wins – houses, cars and cash prizes – have taken off recently. Is their success connected to the cost-of-living crisis?If someone approached you on the street and told you that, for just a tenner, you could win the kind of house that would cause Kevin McCloud to collapse into a puddle of adjectives and help raise millions of pounds for charity, you would probably ask what the catch was. But that improbable offering is Omaze’s core business.Sinc
  
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• L’Oréal to pay $3.7bn for Melbourne-founded luxury cosmetics brand Aesop

  04-04-2023 06:00
  
  The sale represents the largest known price for a luxury brand established in AustraliaFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastFrench skincare company L’Oréal will pay US$2.5bn ($3.7bn) to buy Melbourne-founded Aesop, a luxury cosmetics, shampoo and bodycare brand that has worked its way into luxury hotels and bathrooms around the world.The deal is designed to help Aesop’s Brazilian owne
  
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• Twitter changes logo to Dogecoin cryptocurrency image in apparent late April fool’s day gag

  04-04-2023 02:53
  
  Elon Musk tweets out meme after blue bird on homepage replaced by image of shiba inu associated with cryptocurrencyFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastTwitter changed its iconic blue bird logo on Monday to mimic the logo of a popular cryptocurrency – an image of a dog that featured in viral memes – in what appears to be a late April fool’s day gag from the company’s billionaire
  
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• Black former worker awarded $3.2m in Tesla factory racial-harassment suit

  04-04-2023 01:38
  
  Originally awarded $130m, which a judge reduced to $15m, plaintiff opted for new trial against the electric vehicle makerTesla will pay about $3.2m to a Black former employee after a federal jury in San Francisco ruled the electric-vehicle maker failed to prevent severe racial harassment at its flagship assembly plant in California.The amount is far less than the $15m that the plaintiff, Owen Diaz, rejected last year in opting for a new trial. Diaz asked for a new trial on damages after the judg
  
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• Calls for energy ‘social tariff’ as UK government support ends

  04-04-2023 01:01
  
  Low-income household will spend on average £200 more on bills than last year, Which? warnsSome of the UK’s least well-off households could be left more than £200 worse-off on their energy bills this year because of reduced government support, the consumer body Which? has warned.Joining calls made by other campaigners, it said the government urgently needed to introduce a “social tariff” for gas and electricity to protect the most financially vulnerable. Continue rea
  
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