Financial news

• Biden cancels additional $9bn in student loan debt

  04-10-2023 23:49
  
  President’s latest approval brings total debt cancellation under his administration to $127bn for nearly 3.6 million peoplePresident Joe Biden has announced an additional 125,000 people have been approved for student debt relief in a total of $9bn.Biden’s latest approval brings the total approved debt cancellation under his administration to $127bn for nearly 3.6 million Americans, the White House said in a statement. Continue reading...
  
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• HS2 scrapped: how did we get here? – video timeline

  04-10-2023 20:00
  
  It’s been nearly 14 years in the making – and was supposed to help connect English cities like never before. Now, delayed, over budget and more controversial than ever, HS2 ambitions have hit the rails. Rishi Sunak has confirmed that construction of the HS2 leg between Birmingham and Manchester was no longer going ahead. Speaking at the Conservative party conference, he added that 'every single penny' of the £36bn allocated for the high-speed rail branch would be invested in ot
  
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• ‘I save £1,000 a month travelling Europe in a van - I was paying more in the UK!’

  04-10-2023 19:58 via express.co.uk
  
  People are adopting new savings hacks in an attempt to mitigate the impact of the ongoing cost of living crisis.
  
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• Martin Lewis warns two million people with driving licence could face £1,000 fine

  04-10-2023 18:37 via express.co.uk
  
  More than two million people currently have an out-of-date driving licence, according to Money Saving Expert.
  
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• ‘Best time of day’ to use appliances to ‘save money’ on bills - and the hours to ‘avoid’

  04-10-2023 18:16 via express.co.uk
  
  The average gas and electric bill from October 1 is £1,530 a year without factoring in the annual electricity standing charge.
  
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• HS2 flip-flop will damage UK’s reputation with international investors | Nils Pratley

  04-10-2023 17:29
  
  Verdict from overseas will probably range from hilarity to derision as second northern leg is scrappedRishi Sunak announces scaling back of HS2Tory mayor Andy Street decides to stay in postUK politics live – latest updatesHow will the great HS2 flip-flop look from abroad? Consider the history of this project. It was planned for a full decade and, despite projected costs rising with every update, the Conservative party leadership and parliament backed it all the way. Sceptics (including thi
  
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• Savings warning as millions more to be dragged into 'tax trap' this year

  04-10-2023 16:49 via express.co.uk
  
  The number of basic rate taxpayers paying tax on their savings interest as quadrupled in the last four years.
  
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• Holiday pay ruling ‘entitles many UK workers to thousands in unfairly deducted wages’

  04-10-2023 16:35
  
  Unison says decision affects other types of employee payments and is ‘victory for underpaid workers’Many UK workers could be entitled to thousands of pounds “unfairly” deducted from their pay after a supreme court decision, according to unions.The judgment relates to a long-running row about holiday pay but Unison, which participated in the case, said the ruling affected all other types of payment to employees and called it a “victory for underpaid workers”. C
  
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• Victoria Beckham ‘punched’ David over affair claims while she was pregnant

  04-10-2023 16:34 via express.co.uk
  
  David and Victoria Beckham have opened up about affair claims against him in the footballer's Netflix documentary series.
  
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• Emcees to wow with words and sounds at End of the Weak’s big show - The Crusader

  04-10-2023 15:46 via express.co.uk
  
  Something to remember and rap about: join rising stars on October 8 when The End of The Weak England MC Challenge will return with the Challenge of Champions for the England final at London's 02 Academy Islington.
  
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• British Gas makes change to how customers can pay bills - check if you're affected

  04-10-2023 14:53 via express.co.uk
  
  Customers who don't pay their bills by cheque can no longer get a Giro slip.
  
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• Savers with fixed accounts soon to mature warned they could miss out on £500

  04-10-2023 12:41 via express.co.uk
  
  Britons who locked away their funds in fixed term accounts that are maturing could miss out on hundreds of pounds in interest if they don't act.
  
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• NS&I responds to claim Premium Bonds prizes all go to one region of England

  04-10-2023 10:05 via express.co.uk
  
  The person asked if the provider uses ‘dummy numbers' when choosing winners in the monthly prize draw.
  
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• Nationwide offers five percent interest on savings plus £200 free cash

  04-10-2023 10:01 via express.co.uk
  
  The £200 will arrive within 10 calendar days of the switch completing.
  
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• A cry for help! Energy providers play the villain in dramas to chill the blood

  04-10-2023 09:00
  
  And the cast is always the same … the firms are the predators, while householders are victimisedNow and then, I electrify my audience with a suspense drama. These are not for the faint-hearted. Ghosts and gaslighting are often involved. The dramatis personae never varies: energy firms reliably play the role of the predator; sundry unwilling householders are cast as the terrified victims. Continue reading...
  
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• UK cost of diesel soars as RAC says petrol is ‘overpriced by about 7p a litre’

  04-10-2023 01:01
  
  Diesel up by more than 8p to 163p in September and petrol by 4.5p to 152p amid global oil production cutsThe price of diesel in the UK has shot up at one of its fastest rates in more than 20 years – while retailers have been accused of charging “unjustifiably” high petrol prices.Diesel prices rose by more than 8p a litre to 163p in September, the fifth biggest monthly rise since 2000, and on top of another 8p rise the previous month, the RAC said. Petrol prices rose by 4.5p a l
  
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