Financial news

• Mortgage lenders including NatWest cut rates after surprise inflation drop

  20-09-2023 19:53
  
  Brokers expect more home loan reductions with offerings at lowest prices for several monthsLeading lenders including NatWest have cut their mortgage rates after an unexpected fall in UK inflation, and brokers are predicting that others will follow suit over the coming days.Banks and financial firms have announced a fresh wave of home loan reductions before Thursday’s Bank of England interest rates decision, with NatWest announcing reductions of up to 0.31 percentage points across its fixed
  
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• Food giant recalls 83,000 cases of its Kraft Singles cheese product

  20-09-2023 15:18
  
  Company says an issue with its wrapping machines caused a thin plastic strip to remain in some slices, creating a choking hazardKraft Heinz said on Tuesday it was recalling more than 83,000 cases of individually wrapped Kraft Singles American processed cheese slices because part of the wrapper could stick to the slice and become a choking hazard.The company, which is based in Chicago and Pittsburgh, said one of its wrapping machines developed a temporary issue that makes it possible for a thin s
  
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• Immediate aid and sustainable solutions: how the Red Cross is bringing relief to drought-stricken Kenya

  20-09-2023 13:59
  
  Countries across sub-Saharan Africa are experiencing multiple, overlapping crises. In Kenya, where drought is affecting millions, the Red Cross has supported more than 200,000 people as part of its response – providing access to life-saving humanitarian supportIn the Horn of Africa, drought, global price rises, conflict and the extreme weather brought on by the climate crisis have converged to create an almost unprecedented situation. According to the UN, the current drought in the region
  
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• How the British Red Cross is helping prepare the UK for more extreme weather

  20-09-2023 13:58
  
  The consequences of the climate crisis could impact significantly on the UK, but the British Red Cross is working with communities across the country to build resilience to weather-related emergencies and develop strategies to adapt for the futureWith the hottest summer on record in the UK last year and heatwaves sweeping Europe and the UK again in recent months, the effects of global heating on our planet are becoming impossible to ignore. The more frequent and intense extreme weather driven by
  
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• We won’t save planet by bankrupting the British people, says Braverman

  20-09-2023 12:00
  
  Home secretary denies government backing away from net zero commitments but says it must take ‘pragmatic approach’Rishi Sunak will not “save the planet by bankrupting the British people”, the home secretary has said, as she rejected claims that the government was backing away from its net zero commitments.Suella Braverman, one of many Tory MPs on the right of the party who fear green policies may cost the party votes at the general election, said the government’s ne
  
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• Dear drivers, steady as you go at 20mph. And welcome to the future | Christian Wolmar

  20-09-2023 10:00
  
  A new speed limit in Wales is the latest policy intended to prioritise people’s needs over cars. I believe that’s the way to goThe foot soldiers fighting back against the “war on the motorist” have been given plenty of ammunition lately. As low-traffic neighbourhoods continue to be adopted across the UK and Ulez has been expanded to greater London, the latest policy to provoke their ire is the imposition of a 20mph speed limit in residential areas across Wales.Out in the
  
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• DPD won’t talk to us after one of its drivers stole our Amazon parcel

  20-09-2023 09:30
  
  We have video evidence it was taken from our doorstep, but the courier company refuses to respondA DPD driver has stolen a parcel left on our doorstep by another courier and, despite video evidence, DPD refuses to respond. Amazon had already delivered my parcel, leaving it outside. Later in the day, a DPD driver tried to deliver a parcel to our neighbour and, on the way past our door, they saw and took our package.Continue reading...
  
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• Children worry more about rising prices than environment or crime, study finds

  20-09-2023 06:00
  
  Four in five young people aged 10 to 17 have significant concerns about impact of cost of living crisis on their familiesChildren and young people have become significantly more concerned about rising prices and their family having enough money than about the environment or crime, research has found.One in 10 children aged 10 to 17 are unhappy with their lives, according to a study by the Children’s Society. Continue reading...
  
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• Savers lose out on £480 a year to ‘profiteering’ banks with low interest rates

  20-09-2023 01:01 via express.co.uk
  
  Savers have been urged to consider switching provider if their bank has not been passing on the interest rate increases.
  
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• Britons miss out on £17billion a year from banks profiteering off low interest rates

  20-09-2023 01:01 via express.co.uk
  
  UK savers say their average interest rate is 3.3 percent, 1.95 percent below the Bank of England's Base Rate.
  
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• 15 supermarket food essentials that are costing you more this year - including sugar

  20-09-2023 01:01 via express.co.uk
  
  Supermarket food and drink items now cost an average of £4.25 with prices increasing by 44p on average compared to last year.
  
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