Financial news

• To fix the pensions crisis, we must first reduce poverty | Letters

  12-02-2024 19:29
  
  Prof Elspeth Webb says raising the pension age will not address the problems created by health inequity and poverty among older people. Plus letters from Ged Whitney, Nick Watson and Alison LorisIn Amelia Hill’s article (UK state pension age will soon need to rise to 71, say experts, 5 February), Les Mayhew of the International Longevity Centre is quoted as saying: “In the UK, state pension age would need to be 70 or 71 compared with 66 now … But if you bring preventable ill h
  
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• China wants us to buy its electric cars. Should you hit the road in one?

  12-02-2024 10:00
  
  BYD is increasingly dominating the world market and now wants to persuade UK motorists to snap up its vehiclesIt is the car brand that has become the biggest seller of electric vehicles (EVs) in the world – yet many people will struggle to recognise the name. Now Chinese company BYD (it stands for “build your dreams”) is on a mission to get more UK consumers to snap up its “affordable” vehicles.It is one of the latest Chinese companies to hit the UK car market, clai
  
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• Get rid of the paper clutter: how to deal with your household documents

  12-02-2024 08:00
  
  From ways to store important documents to the right ways to destroy them“In most cases the only documents you need to keep at home are important ID documents such as a passport, driving licence and birth certificate,” says John Webb, the consumer affairs manager at the credit reference agency Experian. Continue reading...
  
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• Enterprise blamed me for flood damage to our hire car

  12-02-2024 08:00
  
  It demanded more than £1,200 and has threatened to ban me from renting one of its vehicles againI collected a hire car from the Enterprise desk at Tarbes Lourdes airport last July, and drove it about 12 miles to my holiday accommodation in Bagnères-de-Bigorre. That evening there was a severe storm that caused flash floods across town. Water entered the hire car, which was parked on a street at the top end of town, and left a muddy residue. No damage was evident, and the vehicle was
  
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