Financial news

• Apple co-founder Steve Wozniak hospitalized for stroke in Mexico City

  09-11-2023 23:00
  
  The 73-year-old had been slated to speak at a business conference when he suffered a ‘minor but real stroke’Apple co-founder Steve Wozniak was hospitalized for a “minor but real stroke” on Thursday in Mexico City while he was in the city to speak at a business conference. After a brief stay in the hospital, he said he was “flying home,” according to ABC News.Wozniak, 73, told ABC he was at his computer in the morning when he felt vertigo and dizziness. He had
  
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• Energy bills could be slashed by £87 a year under ‘emergency tariff’ policy

  09-11-2023 19:13 via express.co.uk
  
  Energy bills are on the rise and campaigners are calling for extra support, through tariffs, to assist families.
  
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• A lesson for London in Flutter’s transatlantic drift

  09-11-2023 19:03
  
  FTSE 100 gambling firm continues to drop hints that it could move its primary listing to New YorkThe tease continues at Flutter, the FTSE 100 gambling firm that used to call itself Paddy Power Betfair. Having won backing from shareholders in April for a secondary listing for its shares in the US, it has now picked a venue – the New York Stock Exchange – but continues to drop hints that London shouldn’t count on retaining the primary (and more important) listing forever. “
  
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• Sharp rise in landlords and homeowners in mortgage arrears, data shows

  09-11-2023 18:09
  
  Number of buy to let mortgages in arrears doubles in a year as amateur landlords struggle with interest rate risesBusiness live – latest updatesThe number of buy to let mortgages in arrears has doubled in a year while the number of homeowners falling behind on payments has also jumped, prompting warnings that the sharp rise “should be ringing alarm bells in Downing Street”.Two sets of official data underlined how 14 consecutive interest rate increases, on top of broader cost of
  
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• Couple 'devastated' after £33,000 life savings stolen from motorhome during floods

  09-11-2023 17:13 via express.co.uk
  
  Phil Henderson, 68, is now unable to retire after losing thousands of pounds in life savings and "can't see a way forward".
  
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• ‘Insensitive’: Pharrell Williams’ $1m Louis Vuitton handbag attracts criticism

  09-11-2023 17:02
  
  Millionaire Speedy bag is made of crocodile leather and reportedly sold on made to order basis – and only to certain clienteleEven in the outlandish world of luxury fashion, where handbags can sell for thousands of pounds, the cost of the latest attention-grabbing accessory from Louis Vuitton is astronomical. With a price tag of $1,000,000, the Millionaire Speedy bag is living up to its name.If quiet luxury has been the sartorial mantra of the year, this brightly coloured and bedecked new
  
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• Millions of side hustlers urged to pay taxes before HMRC deadline or face £100 fine

  09-11-2023 15:57 via express.co.uk
  
  A tax warning has been issued by HMRC which impacts side hustlers and self-employed people across the country.
  
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• Octopus Energy to help households slash energy bills by up to £1,800 a year

  09-11-2023 15:44 via express.co.uk
  
  Zero Bills homes are kitted out with green technology, which means households won't have to pay energy bills for at least five years.
  
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• National Living Wage explained: Why two million workers will get £1,000 pay rise

  09-11-2023 15:10 via express.co.uk
  
  The Government has announced a rise in the National Living Wage meaning millions of workers are set to benefit from a cash boost.
  
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• Nationwide Building Society announces ‘competitive’ reduction to mortgage interest rates

  09-11-2023 14:45 via express.co.uk
  
  Mortgage rates are being reduced by Nationwide Building Society in a major boon for homeowners.
  
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• No-fault evictions in England ‘soaring out of control’, say campaigners

  09-11-2023 14:22
  
  Ministry of Justice figures show use of section 21 notices has jumped 38% in a year as promised ban stallsPrivate renters have faced a “shocking” surge in no-fault evictions since July with more landlords taking possession claims to court than at any time in the past seven years.The use of the so-called section 21 eviction notices, which landlords can deliver without tenants doing anything wrong, jumped 38% on the previous year. The figures come after the government again stalled a l
  
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• Holiday pay change will see 1.6 million workers receive pay boost 'worth thousands'

  09-11-2023 14:04 via express.co.uk
  
  The Government has confirmed that holiday pay can be paid as part of some workers' wages.
  
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• ‘Vampire appliances’ raising energy bills for millions - how to cut costs by 30%

  09-11-2023 13:55 via express.co.uk
  
  Energy bills rising have been on one of the main contributing factors to the cost of living crisis but families can still cut costs thanks to new technology.
  
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• Charter Savings Bank launches cash ISA paying 'excellent' 5.61% interest

  09-11-2023 12:46 via express.co.uk
  
  Charter Savings Bank has remained competitive in the cash ISA market month-on-month.
  
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• New mortgage deal falls below 5% in ‘watershed moment’ for UK homeowners

  09-11-2023 11:32
  
  Nationwide’s two-year fixed rate deal offered at 4.99% as lenders jostle for customersBusiness live – UK mortgage arrears rise as high rates hit borrowersA two-year fixed-rate mortgage priced at below 5% has gone on sale for the first time since early summer as leading lenders jostle to attract more customers.Mortgage brokers called Nationwide’s decision to launch the deal, priced at 4.99%, a “watershed moment” that would give the property market a “shot in th
  
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• Shop like a billionaire? I bought six items from Temu – the app that’s sweeping the world

  09-11-2023 11:00
  
  Amid the cost of living crisis, China’s answer to Amazon is proving wildly popular, with more than 100m app downloads this year. But are the items any good?The adverts may be following you around the internet. Some are for practical things: reusable sandwich wrappers, rechargeable torches, T-shirts. The rest are far less practical: plush toys shaped like cups of bubble tea, teaspoons shaped like shovels, plastic covers for TV remote controls. What unites them all is that, on the face of it
  
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• Snapper the Venus flytrap: watch the 2023 John Lewis Christmas advert – video

  09-11-2023 08:53
  
  John Lewis has turned to a cheeky carnivorous plant – and an operatic superstar – for its Christmas advertising campaign. After last year’s low-key charity-linked clip featuring a skateboarding foster dad, the department store chain has returned to its tried and tested formula of a heartwarming story featuring a child and an unusual friend – with a twist from some catchy Italian rock opera sung by the tenor Andrea Bocelli. The John Lewis Christmas ad, the 2023 version of
  
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• I’m having to pay Virgin Media for a cut-off service

  09-11-2023 08:00
  
  We’ve been without a landline, internet and TV for 83 days but I’m still being billedWe have been without a landline, internet and TV for 83 days and counting, because Virgin Media has been unable to connect us after we moved house. In the meantime, I’m being billed for services I can’t access. I’ve tried cancelling the direct debit but that means that every time I phone customer service, I’m automatically sent a link for payment and the call is terminated. If
  
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• BoE interest rate hikes have done their dirty work - now it MUST change course

  09-11-2023 08:00 via express.co.uk
  
  The Bank of England has indicated that it may start cutting interest rates by the middle of next year. Why leave it so long?
  
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• Energy efficiency scheme for cold homes going at a glacial pace, says Labour

  09-11-2023 07:00
  
  Government’s Energy Company Obligation has managed to upgrade only 65,000 homes since April 2022, figures showLabour has attacked the Conservatives over the speed of government efforts to upgrade Britain’s draughty housing stock, as analysis showed a leading household energy efficiency initiative was proceeding at what the party called a “glacial pace”.Just 65,000 homes have been upgraded under the government’s Energy Company Obligation (Eco) scheme since it was rel
  
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