Financial news

• Mr Fothergill’s Seeds supercharges growth wooing world’s younger gardeners and veg fans

  25-05-2023 22:48 via express.co.uk
  
  Plenty in the garden is looking rosy for horticultural kingpin Mr Fothergill's Seeds and its aim to supercharge growth by introducing a younger generation to the joys of gardening and growing their own food.
  
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• British Gas wins as Ofgem hits consumers with an extra tenner | Nils Pratley

  25-05-2023 19:09
  
  From October UK gas and electricity consumers will be paying £10 more to suppliers – a £56m earnings boost for CentricaAnd the big winner from Ofgem’s latest price cap announcement is … British Gas. Shares in the parent company, Centrica, popped to the top of the FTSE 100 leader board for an understandable reason. While the cost of energy is indeed falling, the slice of the bill that is allocated for suppliers’ profits is going up – and increasing subst
  
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• Politicians are still failing young voters on housing | Letters

  25-05-2023 18:33
  
  Andy Wong wonders where disaffected young people will turn, while James Calhoun suggests a scheme in Spain that aims to help renters. Plus letters from Kate Macintosh and Dan RaineyJohn Harris’s article struck me deeply, as someone who is turning 30 in July (A lost generation are stuck living with their parents – and Tory talk of housebuilding won’t help them, 22 May). What he says about the political class as a whole neglecting the aspirations and concerns of under-30s in soci
  
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• UK homeowners and first-time buyers warned to brace for 5%-plus mortgage rates

  25-05-2023 17:24
  
  Lenders forced to raise fixed-term deals after latest inflation figure pushed swap rates upwardsHouseholds looking for a new mortgage deal have been warned to expect 5%-plus fixed-rate deals in the coming weeks, after Wednesday’s inflation figures sent the money markets back into turmoil.Nick Mendes, the mortgage technical manager at the broker John Charcol, said on Thursday that he doubted there would be any two-year fixed-rate mortgages and probably few five-year deals priced at less tha
  
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• Everyone's talking about a house price crash. How scared should we be?

  25-05-2023 17:06 via express.co.uk
  
  The UK has escaped a house price crash so far but the risks are growing with interest rates heading towards 5.5 percent and mortgages set to follow.
  
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• Jeremy Hunt doesn’t rule out further energy bill support, after Ofgem lowers price cap; UK borrowing costs climb – as it happened

  25-05-2023 16:14
  
  The average household energy bill will fall by £426 a year from July after Ofgem dropped its price cap following tumbling wholesale prices.Full story: Britain’s energy price cap falls to £2,074 but households will see little reliefExplainer: Britain’s energy price cap cut: how the changes affect youQ: Wholesale gas prices have been falling for months – why is that benefit only being implemented from July?Brearley explains that energy companies are buying energy &lsq
  
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• Ofgem energy price cap cut expected to revive switching of suppliers

  25-05-2023 15:06
  
  Consumers told not expect ‘deluge of cut-price offers’ as firms bring back more competitive fixed dealsPrice cap cut: how the changes affect youBusiness live: all the latest newsThe move to cut the energy price cap is expected to trigger a revival of switching between suppliers as firms bring back more competitive fixed deals – but consumers have been told not to expect “a deluge of cut-price offers”.The price comparison website Uswitch.com claimed it was “a w
  
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• Ofgem’s energy price cap cut: how the changes affect you

  25-05-2023 13:26
  
  What are the likely savings and what help is still available for bills – all you need to know about regulator’s movePrice cap falls to £2,074 but households will see little reliefBusiness live: all the latest newsAbout 27 million households face slightly lower energy bills this summer after Great Britain’s energy regulator, Ofgem, cut the price cap on gas and electricity to £2,074 from July.The cap has fallen sharply from £3,280 over the last three months, dow
  
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• Ofgem energy price cap falls to £2,074 but households will see little relief

  25-05-2023 13:18
  
  Consumers still paying almost twice as much for gas and electricity as in October 2021 despite cut by regulatorOfgem’s energy price cap cut: how the changes affect youBusiness live: all the latest newsGreat Britain’s energy price cap has fallen to £2,074 a year, but the average household will still pay almost double the rate for their gas and electricity than before costs started to soar.About 27m households can expect a modest drop in energy bills this summer after the regulat
  
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• GHO Capital and Partners Group invest in Sterling Pharma Solutions, a leading pharmaceutical development and manufacturing organization

  25-05-2023 10:00 via globenewswire.com
  
  GHO Capital and Partners Group invest in Sterling Pharma Solutions, a leading pharmaceutical development and manufacturing organizationSince first partnering with GHO in 2019, Sterling Pharma Solutions has grown rapidly, tripling its revenues and quadrupling its earnings. Sterling is now the preferred partner to several leading pharmaceutical companies for handling the development of complex medicines and scaling up of manufacturing Partners Group acquires a significant minority stake, bringing
  
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• Energy bills to fall at last for 27 million households as Ofgem announces new price cap

  25-05-2023 08:14 via express.co.uk
  
  The Government's energy price guarantee has been subsiding energy bills recently.
  
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• My mother’s treasured phone number of 70 years has been lost

  25-05-2023 08:00
  
  It was of great sentimental value, but was cut off when she was transferred to Shell EnergyMy 98-year-old mother’s phone line was transferred to Shell Energy last year after it took over the telecoms arm of the Post Office. My mother thought that Shell was a fuel supplier and concluded that, since she was with another energy supplier, the bills that arrived were scams. Because she didn’t pay them, her phone line, which also operates her panic button, was cut off in March. Shell was u
  
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• Investors run scared as stock markets crash but safe haven cash is a guaranteed loser

  25-05-2023 07:00 via express.co.uk
  
  As stock markets endure another volatile year many Britons are losing faith in buying shares as a way of building long-term wealth.
  
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• Simple ways to save money on your energy bills

  25-05-2023 06:00 via express.co.uk
  
  There is government support available for your energy bills - and being smart can also help save you hundreds of pounds
  
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• NatWest customers can get 6.17% interest rate on regular savings plus £200 boost

  25-05-2023 01:01 via express.co.uk
  
  NatWest customers can get 6.17 percent on up to £5,000 on their cash.
  
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