Financial news

• Employment and wages continue to increase but ‘so will interest rates'

  13-06-2023 23:01 via express.co.uk
  
  Though wages have soared by 7.2 percent in the three months, pay continues to be outstripped by rocketing prices caused by inflation.
  
  Read more

• US student loan interest to resume in September and payments in October

  13-06-2023 22:53
  
  News not a surprise as key point of negotiation by Republicans in raising the debt ceiling was ending the pause on paymentsInterest on federal student loans will resume on 1 September, the US Department of Education has announced.In a statement released to Politico, the department wrote: “Student loan interest will resume starting on September 1, 2023, and payments will be due starting in October. We will notify borrowers well before payments restart.” Continue reading...
  
  Read more

• Martin Lewis issues ‘clarion call’ to Britons to check if they can boost state pension

  13-06-2023 21:57 via express.co.uk
  
  Martin Lewis urged people to check if they can voluntarily pay National Insurance contributions to boost their state pension.
  
  Read more

• Centrica’s supine shareholders should look further than the share price | Nils Pratley

  13-06-2023 20:01
  
  Russian invasion of Ukraine meant it was easy for Centrica to greatly exceed financial targets, so does the CEO deserve his vast bonus?Companies with rising share prices and dividends do not suffer rebellions over boardroom pay. This rule is not infallible, but it applies most of the time.A company can enjoy an accidental piece of good fortune, which in turn spits out a large number from a mechanical bonus machine, but almost nobody bothers to protest that the executives’ big payday owes a
  
  Read more

• Advertisement

• State pension triple lock under threat as policy faces ‘heightened challenges’

  13-06-2023 18:29 via express.co.uk
  
  The triple lock policy guarantees the state pension increases by the highest of three criteria each year, with state pensioners receiving a 10.1 percent increase in April.
  
  Read more

• Thousands of older people could boost state pension by up to £77,400 - ‘amazing news’

  13-06-2023 17:55 via express.co.uk
  
  People can voluntarily buy National Insurance contributions to cover gaps in their record which can potentially increase their state pension payments by a huge amount over the course of their retirement.
  
  Read more

• Bank launches new ISA savings accounts offering ‘market leading’ interest rates

  13-06-2023 16:32 via express.co.uk
  
  Shawbrook Bank has today launched a number of market-leading ISA savings accounts.
  
  Read more

• Building society launches easy access saver with joint market-leading 4% interest rate

  13-06-2023 15:45 via express.co.uk
  
  Coventry Building Society is offering a highly competitive rate of four percent on its new Four Access Saver.
  
  Read more

• Advertisement

• Campaigners urge London food banks to end use of face scans

  13-06-2023 14:00
  
  Exclusive: Charity that runs five distribution hubs has been told it is wrong to ‘trade sensitive biometric data for food’Privacy advocates are urging food banks to stop using facial recognition software, claiming it poses a serious risk to users’ “privacy, dignity and security”.Several food banks in London are asking users to submit face scans to allow them to choose food from shops. The Face Donate app-based system also has the potential to track purchases. Contin
  
  Read more

• DWP urges Britons to check letter which may mean a state pension boost worth £3,500

  13-06-2023 13:12 via express.co.uk
  
  Around 850,000 eligible households are missing out on Pension Credit which can provide extra financial help for those who need it the most.
  
  Read more

• ‘Life-changing’: Martin Lewis helps woman boost state pension by £95,000

  13-06-2023 12:50 via express.co.uk
  
  The couple said Martin Lewis' Money Show tips now mean they can live "fairly comfortably" for the "rest of their days".
  
  Read more

• ‘Morale is very low’: evicted tenant’s three months and counting in a London Travelodge

  13-06-2023 09:00
  
  Nicole Bent and her daughter are among dozens of homeless families being put up by council in hotel roomsA hotel getaway should be a time to escape the stresses of everyday life – but for Nicole Bent, life in a hotel has become her everyday. “It’s been demoralising, to be honest. That’s the word I would use to describe this whole experience,” she said of her ongoing three-month stay in a north London Travelodge.Bent, 28, and her three-year-old daughter have been liv
  
  Read more

• Mortgage panic is overdone: Lock into a pricey fixed rate today and you could regret it

  13-06-2023 08:26 via express.co.uk
  
  The mortgage market is in disarray, with banks and building societies pulling deals left right and centre, then launching new ones at much higher interest rates.
  
  Read more

• My parents want to split their home into two houses, selling one to me. Is it feasible?

  13-06-2023 08:00
  
  I live with my parents while saving for my first property but wonder whether their mortgage lender would not like the planQ I’m in my early 30s and live with my parents while saving for my first house, which I will be looking to buy in the next year or two.My parents live in a large semi-detached house that they extended to twice the size of the original three-bed in the early 90s. They are both in their 60s now and thinking about retiring but are held back as they still have a mortgage to
  
  Read more

• A three-week repair to my cherished Mini has taken eight months

  13-06-2023 08:00
  
  I miss it, and wanted it checked over to take part in a charity driveI am a pensioner and last September had my cherished low-mileage classic Mini transported to a garage in Northampton for repairs on its automatic gearbox.I wanted the car checked over because I intended to take part in a 1,000-mile charity drive to raise money for multiple sclerosis. But eight months later I still don’t have my car back. Continue reading...
  
  Read more

Follow @financialnwsUK on Twitter!