Financial news

• Sacked CBI boss said he's been 'thrown under the bus’ in misconduct allegations

  19-04-2023 23:01 via express.co.uk
  
  Tony Danker appeared in his first interview with the BBC after being fired from the Confederation of British Industry.
  
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• CBI turmoil: the toxic feud at the heart of Britain’s biggest lobbying group

  19-04-2023 21:49
  
  Sacked director general Tony Danker says he has been made a ‘fall guy’ for an organisation rocked by controversyFormer CBI boss trades blows with president over dismissalFor a business group used to sitting at the political top table, and one that is desperately trying to salvage its reputation, this could hardly have been a more untimely and undignified public row.On national radio on Wednesday morning, Tony Danker, the former director general of the Confederation of British Industr
  
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• Best savings accounts for April 2023: Interest rates rise to 4.50 percent

  19-04-2023 20:28 via express.co.uk
  
  Savers are on the hunt for the best products with the highest interest rates currently on the market.
  
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• Actor 'horrified' to find 'evil' scammers stole photo to trick vulnerable people

  19-04-2023 20:23 via express.co.uk
  
  Clairvoyant scams involve scammers using social engineering and other psychological weapons to trick people into parting with cash by preying on their insecurities.
  
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• TSB offers competitive five percent interest rate on regular savings account

  19-04-2023 19:40 via express.co.uk
  
  Savers are being urged to compare interest rates as top deals continue to improve.
  
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• This isn’t wage-price inflation, it’s greedflation – and big companies are to blame | Larry Elliott

  19-04-2023 19:35
  
  British ministers seem keen to avoid what the data tells us: it’s not pay that is turbocharging the cost of livingInflation is proving hard to shift, and that spells big trouble for a government fast running out of excuses for why the cost of the weekly grocery shop is rising at its fastest rate since 1977.Global energy prices have collapsed, and the price of food on international commodity markets is coming down too, so it’s hard any longer to blame Vladimir Putin for inflation bein
  
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• Mother, 41, retires early with £683k in pension savings: ‘I was nervous quitting my job'

  19-04-2023 18:24 via express.co.uk
  
  The mother-of-two is one of the many individuals who has joined the FIRE movement.
  
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• 'Encouraging': More Britons taking steps to 'boost savings' amid double-digit inflation

  19-04-2023 17:40 via express.co.uk
  
  Savings balances rose six percent between October 2022 and February 2023 according to TSB research, despite inflation remaining in double digits at 10.1 percent.
  
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• Dips supremo Holy Moly set to transform hummus and meal deal markets

  19-04-2023 17:29 via express.co.uk
  
  Plant-based, gluten-free brand, Holy Moly is taking over supermarkets with their delicious dips and spreads.
  
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• Netflix hit hardest in Britons’ post-Christmas ‘subscription cull’

  19-04-2023 17:16
  
  Exclusive: households cancelled almost 170,000 streaming service subscriptions in first quarter of 2023British households stopped paying for almost 170,000 streaming services in three months of the year, as increasingly budget-conscious consumers embarked on a post-Christmas “subscription cull” that hit market-leader Netflix the hardest.While TV fans flocked to hit shows The Last of Us, Clarkson’s Farm and You – the three most popular shows on subscription video-on-demand
  
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• Inflation surprise makes Bank of England rate rise almost a certainty

  19-04-2023 13:29
  
  Annual rate still above 10% as grocery prices soar, leaving MPC on course for another increaseUK inflation falls by less than expectedWhich goods and services have risen most?Why are UK food prices up by 19%?Victory is delayed. Inflation had been expected to fall below 10% but there was a shock on Wednesday morning when that didn’t happen, after the annual growth in food and nonalcoholic beverage prices unexpectedly jumped in March to its highest level since 1977.Fresh fish, cooking oil an
  
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• Why are UK food prices up by 19% – and which foods are worst affected?

  19-04-2023 13:12
  
  Sugar, sauces, milk and cheese – we look at what is behind the March food inflation figure and if there is hope on the horizonUK inflation falls by less than expectedUK inflation: which goods and services have risen most?Business live – latest updatesBritish households are facing the fastest annual increase in food and drink prices since 1977, the latest inflation figures show, as the soaring cost of basic essentials adds to pressure from sky-high energy bills amid the cost of living
  
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• Britons delayed at Dover to miss out on compensation if EU law scrapped

  19-04-2023 11:37
  
  Bus and coach passengers stand to lose right to compensation if UK does not actively ‘save’ lawPassengers taking bus and coach trips to the continent stand to lose their right to compensation for delays in Dover under government plans to delete thousands of EU laws.Legislation specifically designed to offer redress for those on trips of longer than 250km (155 miles) has been omitted from a government list of more than 3,700 laws that could be actively saved, scrapped or changed in pa
  
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• Rightfully mine! How to contest a will if you've didn't get what you expected

  19-04-2023 10:18 via express.co.uk
  
  As Harry and Meghan have shown us, family battles can be the most brutal of all. Yet sometimes people feel they have no choice, especially when money is involved.
  
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• Hoping for an inheritance? You’ll be lucky to get a penny as baby boomers go bust

  19-04-2023 09:14 via express.co.uk
  
  Millions of younger people are banking on receiving an inheritance to clear their debts, get on the housing ladder and generally sort out their financial problems. Yet many will never receive a penny.
  
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• Ryanair proves clueless about terms of its own Flexi Plus flight offer

  19-04-2023 08:00
  
  It’s a high-priced peace-of-mind service … which offered one customer anything butI live off the state pension, so money is always tight. For my 70th birthday, a friend held a secret fundraiser for a “trip of a lifetime” to a French music festival that I’d always wanted to attend. Between them, my friends covered flights, accommodation and festival tickets. The only flights available from Manchester are with Ryanair and its website said there were only four tickets
  
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• Telecoms firms accused of overcharging landline-only customers by £200m

  19-04-2023 07:00
  
  Exclusive: Economists say ‘market power’ of TalkTalk, Virgin Media and SSE may allow them to set ‘excessive prices’A trio of telecoms firms have been accused of overcharging hundreds of thousands of landline-only customers by almost £200m, according to research.Economists at Fideres argue that almost 600,000 UK landline-only customers have been charged “excessive” prices since 2009. Continue reading...
  
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• Kendall Roy’s Succession penthouse hits market for $29m

  19-04-2023 07:00
  
  Three-story New York City apartment used in series features five bedrooms, four bathrooms and 3,500 sq ft of outdoor spaceIf you have been looking for a New York City condominium to pensively contemplate the fraught state of your wealthy family’s affairs – and maybe bust out a few rap verses – there is a $29m penthouse on the Upper East Side waiting for you.The triplex used by Succession’s Kendall Roy, played by Jeremy Strong, in HBO’s hit series is up for sale with
  
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• A landlord king: Charles lets out homes near Sandringham worth £75m

  19-04-2023 07:00
  
  Analysis of property titles reveals extraordinary extent of royal footprint in north NorfolkJason Marple’s lawn is mowed into sharp stripes. But halfway from his back door to the neighbouring field, the strips stop, and the back half is an overgrown tangle. He doesn’t own that part. King Charles III does. “I’m not mowing his half. I wish he’d mow it more often,” Marple jokingly complained.The back of Marple’s garden is a very small part of the new king&r
  
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• 'Lies have consequences': Dominion reacts to Fox settlement – video

  19-04-2023 03:50
  
  Speaking after Dominion Voting Systems reached a US$787.5m settlement in its defamation lawsuit against Fox, the company's attorney Justin Nelson says the outcome "represents vindication and accountability". Dominion CEO John Poulos says Fox 'has admitted to telling lies' about the voting equipment company that caused 'enormous damage'. The settlement ends a dispute over whether Fox and its parent company knowingly broadcast false and outlandish allegations that Dominion was involved in a plot t
  
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• Private landlords in England get £1.6bn a year welfare for ‘non-decent’ homes

  19-04-2023 01:00
  
  Sadiq Khan describes figures from City Hall analysis as a scandal, with London the worst affected regionPrivate landlords in England are earning £1.6bn a year in housing benefit in return for providing “non-decent” homes, in what Sadiq Khan has described as a scandal.The capital is the worst affected region, with £500m in welfare money going on privately rented homes that are in a state of disrepair, cold, damp, lacking modern facilities or do not meet health and safety s
  
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