Financial news

• Below Deck's Daisy Kelliher warns future cast 'not to screw crew' after failed romance

  24-09-2023 19:49 via express.co.uk
  
  EXCLUSIVE: Below Deck's Daisy Kelliher has spoken exclusively to Express.co.uk about whether she had any regrets from her time on the Bravo show as well as sharing any warnings.
  
  Read more

• FCA draws up tougher rules to protect women from workplace abuse

  24-09-2023 19:45
  
  Watchdog thought to be including guidance on its ‘fit and proper’ test for non-financial misconductThe City watchdog is proposing to toughen its “fit and proper persons” test to crack down on workplace misconduct in an effort to make the finance industry a safer work environment for women.In a consultation paper to be published on Monday, the Financial Conduct Authority will put forward stricter rules against abusers and regulated firms that may have failed to punish offe
  
  Read more

• Water companies ‘need single social tariff in England and Wales’

  24-09-2023 19:00 via theguardian.com
  
  Consumer body says vulnerable households face ‘postcode lottery’, with each firm setting its own tariff Ministers and under-fire water companies are facing renewed pressure to introduce a single social tariff to support vulnerable households as struggling consumers face an “unfair postcode lottery” when paying their bills.At present, water companies in England and Wales all offer their own social tariffs, which provide discounts to hard-up consumers. However, some schemes
  
  Read more

• The Murdoch succession – podcast

  24-09-2023 17:00
  
  Last week, Rupert Murdoch announced that he was stepping down as the chairman of Fox and News Corp and that his son Lachlan would be taking the reins.Anne Davies joins Jane Lee to discuss what we can learn from Lachlan Murdoch’s past business dealings and how his political ideology might shape one of the most powerful media companies in the world Continue reading...
  
  Read more

• Advertisement

• FA accused of ‘double standard’ in allowing club owners to bet on football while banning players

  24-09-2023 15:00
  
  Exclusive: Brentford owner made money on bets in own name through secretive FA agreementBetting in football: players struggle with addiction but owners play by different rulesThe Football Association is facing claims of double standards after a Guardian investigation revealed that the owner of a Premier League club may have benefited from bets on the game placed in his own name.The disclosures involve Matthew Benham, the owner of the Premier League club Brentford FC, whose star striker, Ivan Ton
  
  Read more

• CBI secures emergency funding to stave off potential collapse

  24-09-2023 13:59
  
  Members fled business lobby group after sexual misconduct allegations leaving it with £3m hole in its finances The Confederation of British Industry has secured emergency funding from a series of banks, staving off potential collapse after members fled the business lobby group in the wake of sexual misconduct allegations.The funding package comes after a last-minute cancellation of the trade body’s scheduled annual meeting last week as it scrambled to raise the £3m it needed to
  
  Read more

• 'Outside reality' to not reconsider HS2 rail line after pandemic, says Shapps – video

  24-09-2023 13:13
  
  Grant Shapps said any government that does not look again at its transport plans after the Covid-19 pandemic 'is acting outside the reality of the situation'. When questioned on whether the government was considering revising plans for HS2 to run from Euston to Manchester, Shapps told Trevor Phillips on Sky News that the prime minister 'is prepared to take these difficult long-term decisions [that are] not always popular'UK politics: latest updates Continue reading...
  
  Read more

• Shapps says it would be ‘crazy’ not to reconsider full HS2 rail project

  24-09-2023 13:01
  
  Viability of northern leg in doubt after rumours Sunak and Hunt could ditch the Birmingham to Manchester sectionUK politics live – latest updatesIt would be “crazy” not to reassess whether the full HS2 rail project remains viable, Grant Shapps has said, amid signs the government could axe the northern leg.After nearly a week of briefings that ministers are preparing to ditch the Birmingham to Manchester section, the defence secretary refused to rule out such a move. Continue re
  
  Read more

• Advertisement

• UK’s political short-termism is killing hopes of business investment | Richard Partington

  24-09-2023 12:11
  
  Without economic stability the country is likely to be left without solid foundations for recoveryLehman Brothers was still in business, Gordon Brown was the prime minister and George Bush was US president. The last time the Bank of England held interest rates above 5%, the world economy was very different. There were warning signs, but few could have predicted the severity of what happened next.Fifteen years later, the Bank again used its September meeting to keep interest rates on hold, bringi
  
  Read more

• Expert shares 'sensible option' between overpaying your mortgage or topping up pension

  24-09-2023 11:01 via express.co.uk
  
  EXCLUSIVE: Mortgage overpayments are at a 20-year high as a result of interest rate hikes; however, it may be worth considering putting extra cash into one's pension instead.
  
  Read more

• Struggling self-employed in UK would prefer salaried job security, report claims

  24-09-2023 10:00
  
  Mental health issues and lack of faith in government support are driving desire to change statusMental distress and financial insecurity has pushed 40% of self-employed workers to say they would switch to a salaried job if they could secure the same income, according to an academic study that has tracked self-employment trends during the Covid-19 pandemic.About one in eight would accept a 20% pay cut to get out of self-employment, such is the damage done to their mental health and the expectatio
  
  Read more

• Britons warned ‘no time to delay’ securing better deal as mortgage rates ‘likely’ to drop

  24-09-2023 10:00 via express.co.uk
  
  EXCLUSIVE: Swap rates have decreased by nearly 0.6 percent in four weeks, an expert has said.
  
  Read more

• 'One phone call gave me £10,000 I was owed and £466 extra every single month'

  24-09-2023 09:00 via express.co.uk
  
  EXCLUSIVE: A provider has helped one of its customers secure thousands of pounds worth of financial help thanks to its recommendation to take the company's extra care assessment during one phone call.
  
  Read more

• 'Top of the market' 5.85% savings account could pay you inflation-busting return for years

  24-09-2023 08:26 via express.co.uk
  
  The Bank of England's surprise decision to hold interest rates for the first time in almost two years was welcomed by almost everybody with the stark exception of savers, who will be the decision's biggest losers.
  
  Read more

• Net zero, housing, HS2… all delayed. In modern Britain, short-termism rules | Sonia Sodha

  24-09-2023 08:02 via theguardian.com
  
  Our leaders seem incapable of getting beyond ‘jam today’ politics. Then again, could you or I do better?Walk through the Houses of Parliament and it is impossible to ignore the signs of decay – crumbling masonry, cordoned-off zones, water dripping down walls, leaking pipes, danger signs. It’s costing taxpayers £2m a week in repairs to keep the Palace of Westminster running, and not even that has prevented sewage leaks and vermin infestations. Worse still, “the
  
  Read more

• 'I'm a savings expert - here's how you can supercharge your nest egg'

  24-09-2023 08:00 via express.co.uk
  
  EXCLUSIVE: Express Money spoke to Gatehouse Bank's Ravi Kumar to find out his tips to help make the most out of savings accounts now.
  
  Read more

• Banking regulator Sam Woods: ‘This is the most intense period since the 2008 financial crisis’

  24-09-2023 08:00
  
  In an exclusive interview, the head of the Prudential Regulatory Authority talks about Credit Suisse, the gilt market meltdown – and stress-testing banks for the climate crisis• ‘Terrible climate events happen all the time’Sam Woods’s 20th wedding anniversary was more eventful than he’d expected. The boss of the Bank of England’s Prudential Regulation Authority (PRA) had headed to Devon for a celebratory weekend with his wife. But rather than settling in
  
  Read more

• ‘This is just a Tory line – they don’t care about us’: Taunton’s voters refuse to buy into Sunak’s net zero U-turn

  24-09-2023 06:00 via theguardian.com
  
  Many in the Somerset town did not believe the PM’s claims he dumped his net zero pledges to help struggling familiesEmergency worker Alice Bowen pauses for a moment in the golden autumnal sunshine warming the bustling centre of Taunton. She should be exactly the kind of voter receptive to the prime minister’s efforts to help struggling families by junking what he claims are costly net zero pledges.“We are a family of four. We cannot afford to get an electric car,” she say
  
  Read more

• Rishi Sunak considering inheritance tax cut, report says

  24-09-2023 01:20
  
  No 10 plays down speculation PM would reduce rate of tax, which only affects around 4% of deaths a yearRishi Sunak is reportedly considering an inheritance tax cut as he attempts to woo voters and create dividing lines with Labour, which is comfortably ahead in the polls.The plans would make way for the eventual scrapping of the levy, the Sunday Times has reported. However, Downing Street has sought to play down speculation that the prime minister was drawing up plans to cut the tax. Continue re
  
  Read more

Follow @financialnwsUK on Twitter!