Financial news

• Huw Pill’s claim that we are all worse off is false. The rich have got richer | Letters

  27-04-2023 19:10
  
  Public sector workers and food bank users don’t need the Bank’s chief economist to tell them who is worse off and who not, says Janet Dubé. Plus letters from David Redshaw, Mike Alcock, Austen Lynch and Andy Stelman Huw Pill says “in the UK, someone needs to accept that they’re worse off” (Britons ‘need to accept’ they’re poorer, says Bank of England economist, 25 April). If he wants to tell “someone” his private opinion of our e
  
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• Heating homes with hydrogen is senseless | Letters

  27-04-2023 19:09
  
  Jonty Haynes and Philip Steadman disagree with a letter advocating for the domestic use of ‘green’ hydrogen Andy Prendergast’s letter about green hydrogen (19 April) repeated many of the debunked myths peddled by the oil and gas industry. A recent extensive study by Energy Systems Catapult clearly proved that no property type is fundamentally unsuitable for heat pumps, while hydrogen for domestic heating has been rubbished by dozens of independent studies, as Dr Jan Rosenow&rsq
  
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• Yes, the climate crisis is raising your grocery bills | Suzi Kerr

  27-04-2023 12:08
  
  Droughts, fires, floods, heatwaves – they’re all contributing to our supply-chain problems and brutal inflationFamilies around the world are struggling with higher grocery costs and electricity and heating bills. What they may not realize is that rising inflation is increasingly driven by another global crisis: climate change.Last year, the United States incurred over $2bn in costs due to 20 climate-related extreme weather events, from Hurricane Ian to heatwaves and drought. Lumber,
  
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• Workplace accidents increasingly ignored by UK safety regulator

  27-04-2023 08:00
  
  Exclusive: Health and Safety Executive overlooking far more serious accidents than five years ago due to lack of resources, finds unionEmployers are increasingly likely to go unpunished after workplace accidents, ministers have been warned, as figures show the number of investigations dropped by the Health and Safety Executive (HSE) due to insufficient resources has surged.A dip in public funding and staff numbers at the HSE over the past decade means victims who suffer an injury at work could m
  
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• Mum died but Ovo won’t refund the £2,000 credit on her account

  27-04-2023 08:00
  
  The problem is delaying probate and causing great distressMy mum died in February and her energy supplier Ovo is refusing to return the £2,000 credit on her account. Ovo has admitted errors on her account, which date back to 2019, when a four-digit meter reading was substituted for the five-digit actual reading and used as a basis for subsequent bills. We provided meter readings and photographs, and an agent read the meter in 2021. We were assured that the account would be rectified, but t
  
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• Etsy sellers offering fake ‘handmade’ products at ripoff prices, says Which?

  27-04-2023 07:01
  
  Investigation finds rogue sellers charging up to seven times more for products than on other websites Etsy bills itself as a marketplace for “unique and creative” goods but scrutiny of its product listings has revealed sellers peddling fake “handmade” products that could be bought for a fraction of the price from big retailers including Amazon, Asda and the discount chain B&M.The investigation by the consumer group Which? found rogue sellers charging up to seven times
  
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• Scientists to examine health fears at west London luxury development

  27-04-2023 07:00
  
  Southall residents to give blood samples after former gasworks redevelopment leads to reports of breathing problemsScientists are to investigate the possible health impact of a luxury redevelopment project in Southall which residents say is causing them breathing problems and mental confusion.Residents say the redevelopment of a former gasworks has led to a “petrol-like” odour in the area and has caused multiple health problems. Continue reading...
  
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• Britain’s poor record on health costs economy £43bn a year, says report

  27-04-2023 01:01
  
  Thinktank urges ministers to make reducing long-term sickness health equivalent of drive for net zeroBritain’s poor record on health is costing the economy £43bn a year and cutting the annual incomes of individuals affected by long-term sickness by up to £2,200 a year on average, a report says.With official figures showing more days lost to sickness than at any time since 2004, the Institute for Public Policy Research said improving the country’s health was vital both for
  
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