Financial news

• Sunak refuses to make pensions triple lock election commitment

  10-09-2023 23:30 via theguardian.com
  
  PM says he will not speculate over policy as he grapples with how to fund tax cuts demanded by Tory MPsRishi Sunak has refused to commit to keeping the pensions triple lock in the next Conservative manifesto, as he grapples with how to fund tax cuts demanded by his own MPs.The prime minister told reporters during the G20 summit in Delhi that the triple lock – which guarantees that pensions will rise by at least 2.5%, and by either inflation or earnings if they are higher – remains go
  
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• Humza Yousaf’s lack of action on poverty is ‘kick in the teeth’, say carers

  10-09-2023 14:11 via theguardian.com
  
  People who shared experienceswith Scottish first minister unimpressed with programme for governmentPeople who shared personal stories with Humza Yousaf of living in poverty say the lack of concrete action in his first programme for government last week felt like “a kick in the teeth”.Yousaf convened a cross-party, cross-sector summit on tackling poverty in May as one of his first acts as SNP leader. Continue reading...
  
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• Pensioner poverty: fear of rise over decades as UK under-40s wealth falls

  10-09-2023 13:30 via theguardian.com
  
  Drop from £7.53 in every £100 to £3.98 in 10 years comes as property drives intergenerational divideCampaigners have sounded the alarm about a potential increase in pensioner poverty in Britain over the coming decades after it emerged that the share of wealth held by people under 40 has fallen sharply amid a growing intergenerational divide.Data from the International Longevity Centre (ILC) thinktank shows that in 2010-11, under-40s made up just over half of the population and
  
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• ‘My life in flat shares’: one woman’s rental journey

  10-09-2023 11:00 via theguardian.com
  
  Like so many people, Daniella Isaacs has spent years moving from one rented property to another. It’s anxiety inducing, but it has also fostered a rich sense of kinship among her resilient cohabitersI’m sitting in a sea of badly packed moving boxes with a painful bout of shingles and a sprinkling of existential angst. My landlord’s mortgage has been hiked up, so he’s selling up and me and my flatmate are being shoved out once more.In need of a dose of light relief, I Face
  
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• Cash for clutter: how to make money from what’s in the attic

  10-09-2023 11:00 via theguardian.com
  
  From collectible Lego to vinyl, the unloved items around your home could be worth thousandsOne person’s rubbish is another person’s treasure, as they say, so you could make a chunk of cash by selling unwanted items cluttering your attic and cupboards.Coins, retro toys and games, old tech, books and magazines can all be sold, with some items possibly worth a lot more than you may think. Continue reading...
  
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• China troubles could upset Apple’s cart as it prepares to launch the iPhone 15

  10-09-2023 01:05
  
  Geopolitics may affect sales in a big market – and customers may be annoyed by the new charging socket tooApple chief executive Tim Cook will hope that the launch of the latest iPhones on Tuesday will be enough to buoy consumers and investors in the face of a falling share price caused by deteriorating international relations.Almost $200m (£160m) was wiped from this most valuable tech stock last week as escalating tensions between Beijing and Washington threatened to restrict sales i
  
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