Financial news

• 2 million of the most vulnerable were left waiting months for help with energy bills

  15-06-2023 23:01 via express.co.uk
  
  The Public Accounts Committee's chair urges Government to "see better understanding" of customers' circumstances in order to help the most vulnerable.
  
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• Building society offers fixed regular saver with leading 7.5 percent - but there’s a catch

  15-06-2023 19:17 via express.co.uk
  
  Savers with Skipton Building Society can save up to £250 a month with its Member Regular Saver Issue 2 account.
  
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• Average mortgage rate for two-year fixed deal edges closer to 6%

  15-06-2023 17:15
  
  Nationwide is latest lender to lift cost of deals as borrowers brace for 13th successive Bank of England interest rate riseThe average rate on a new two-year fixed mortgage has edged closer to the 6% threshold, as Nationwide became the latest big lender to push through a significant increase in the cost of its deals.Borrowers are braced for more pain, with the Bank of England expected to raise rates for the 13th meeting in a row next week. The Bank’s former governor Mark Carney has predict
  
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• Coupled saved so much they retired in their 30s - and they show you how to do it

  15-06-2023 14:54 via express.co.uk
  
  Workers are always looking to increase their chances to get early retirement and it could be easier thanks to this handy 'FIRE' hack.
  
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• WASPI state pension campaign hit by delay to review decision from ombudsman

  15-06-2023 14:40 via express.co.uk
  
  WASPI state pension campaign hit by delay to review decision from ombudsman
  
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• UK regulator to ban ads for ‘misleading’ broadband and mobile deals

  15-06-2023 14:40
  
  Information about mid-contract price increases must be made clear and upfront to consumers, says CAPBroadband and mobile phone companies are to be banned from advertising “misleading” fixed-price contracts that fail to warn consumers that they face hefty mid-contract price increases.Over the past year, telecoms providers have been surprising customers by imposing inflation-exceeding rises on their broadband and mobile phone payments mid-contract. Continue reading...
  
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• Bank increases interest rate on one-year fixed savings account to ‘excellent’ 5.43%

  15-06-2023 13:16 via express.co.uk
  
  SmartSave has increased the rate on its one-year fixed rate savings account and remains competing with the best of the market.
  
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• Leeds Building Society launches new range of fixed savers paying interest up to 4.55%

  15-06-2023 12:44 via express.co.uk
  
  Leeds Building Society's new savings product range comes as research shows a growing popularity in monthly returns.
  
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• Huge boost for over 60s as free prescription age will not rise to state pension age

  15-06-2023 12:30 via express.co.uk
  
  ‌Express.co.uk has been campaigning against increasing free NHS prescription age from 60 to state pension age in England following the Government consultation on the proposal.
  
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• 'I've made £250,000 selling old clothes - I started from my bedroom'

  15-06-2023 11:22 via express.co.uk
  
  Budding entrepreneur Callum Massey has now sold more than 12,500 items from his two shops on Depop.
  
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• Britons urged to check when they get state pension as many risk 'retirement roulette'

  15-06-2023 11:07 via express.co.uk
  
  Millions of people may have to work longer under plans to increase the state pension age.
  
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• Vodafone has reneged on its promise not to raise my broadband price

  15-06-2023 08:00
  
  It stated clearly the cost of a two-year contract would not go up – but then it didIn January I signed a two-year broadband deal with Vodafone at £58 a month. There was a lot of publicity about in-contract price rises, and so I was reassured by a highlighted red box on the contract summary stating that the monthly cost at the end of my minimum term would be £58 – ie, no price rise for 24 months. The covering email pointed out that the contract summary is “an importa
  
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• ‘Woefully inadequate’: UK fathers on why they need more paternity leave

  15-06-2023 07:00
  
  The UK has the least generous paternity leave rights in Europe. Here four readers explain the impact on their families‘Measly’ paternity rights mean nearly a third of UK fathers take no leave – reportJames, 34, a marketing manager from Hove, remembers the weeks after his son Jude was born in spring last year mostly as a blur. “I had two weeks off, which is not enough time to adjust to parenthood,” he says.“I found the experience uniquely confronting. Seeing an
  
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• Tech stocks boom again - pension and Isa warning as just SIX shares driving rally

  15-06-2023 07:00 via express.co.uk
  
  Investors are making big money again as US shares soar to a 12-month high with some familiar names leading the charge.
  
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• ‘Measly’ paternity rights mean nearly a third of UK fathers take no leave – report

  15-06-2023 07:00
  
  More than 62% of fathers would take more time off after births if statutory pay rate was increased, poll finds‘Woefully inadequate’: UK fathers on why they need more paternity leaveAlmost a third of fathers took no paternity leave after the birth of their child, as a result of the UK’s “measly” paternity leave rights, according to research.Two decades after paternity leave rights were established, research suggests that the UK has fallen behind and now has the least
  
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• Record number of renters seeking help with no-fault evictions

  15-06-2023 01:01
  
  Citizens Advice says landlords may be issuing section 21 notices before practice is banned in EnglandA record number of renters need help with no-fault evictions, suggesting landlords may be pushing cases through before the practice is banned in England under new legislation.Citizens Advice said last month it helped almost 2,000 people with section 21 evictions, the most in a single month on record and a 25% increase since May 2022. Continue reading...
  
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