Financial news

• The Guardian view on supply chains: not only just in time, but just in case | Editorial

  11-03-2024 19:36
  
  Countries are placing a higher priority on resilience and security in the wake of the pandemic and as tensions growIn 2012, shortly before becoming China’s top leader, Xi Jinping visited the Port of Los Angeles to discuss boosting trade. What then looked like a locus of cooperation has now become another site for suspicion as Sino-American relations remain tense. Last month, the Biden administration announced $20bn of funding for port infrastructure, much of it to replace cargo cranes that
  
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• Surge pricing: is your favourite restaurant about to start charging you more at peak times?

  11-03-2024 17:03
  
  Uber increases its fares when there’s high demand, as do airlines. Now, eateries are getting in on the actName: Surge pricing.Age: In one way or another, it’s been going on since supply first met demand. Continue reading...
  
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• 4BIO Capital Strengthens Advisory Board and Investment Team

  11-03-2024 15:00 via globenewswire.com
  
  Press Release4BIO Capital Strengthens Advisory Board and Investment Team Industry veteran and former CEO of Vifor Pharma Abbas Hussain and world leading vectorology expert and LogicBio Co-Founder Leszek Lisowski appointed to 4BIO Capital’s Advisory BoardNatalie Johnston promoted to PrincipalLONDON, 11 March 2024 – 4BIO Capital (“4BIO” or “the Group”), an international venture capital firm unlocking the treatments of the future by investing in advanced therapie
  
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• DWP update for millions as key payment confirmed in new official statement

  11-03-2024 14:42 via express.co.uk
  
  The Department for Work and Pensions said that they will be working hard to support people who are finding it tough to pay for things.
  
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• Why your bills could increase £785 within weeks despite energy price drop

  11-03-2024 14:29 via express.co.uk
  
  Several factors could combine to increase your overall bills by hundreds next month.
  
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• Energy bills: Net zero costs could hit poorest hardest, warns Ofgem

  11-03-2024 14:04 via express.co.uk
  
  The regulator has announced a call for input on how to protect households against future price shocks.
  
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• Council tax alert with increases as high as £178 set to hit Britons in just weeks

  11-03-2024 13:58 via express.co.uk
  
  Struggling English Councils will be allowed to increase their council tax bills by up to 10 percent within just 21 days.
  
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• DWP state pension warning over forfeit threat and additional £3,094 loss

  11-03-2024 13:47 via express.co.uk
  
  Claiming the benefit could make a "big difference" for many families struggling with the cost of living.
  
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• Exact date water bills will rise by £28 on average for English consumers

  11-03-2024 13:43 via express.co.uk
  
  Water UK announced a £14.4billion investment to help "reduce the amount of sewage in rivers and seas" after fury from consumers.
  
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• Greta Thunberg joins climate activists blocking Swedish parliament – video

  11-03-2024 13:41
  
  Greta Thunberg accused Sweden of being 'very good at greenwashing' as she staged a protest along with 50 other activists outside her home country's parliament. The activists sat outside Sweden's government building in Stockholm in an attempt to stop politicians from getting to work. She said climate protests had often 'fallen on deaf ears' and 'we're still moving in the wrong direction' globally. The action came on an important day for the Swedish government, with the prime minister, Ulf Krister
  
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• Nine ISA mistakes to avoid after new allowance announced in Spring Budget

  11-03-2024 12:50 via express.co.uk
  
  Savers have less than a month to max out their ISA allowance for this financial year.
  
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• Guinness and hand sanitiser removed from list of items used to measure inflation

  11-03-2024 11:45 via express.co.uk
  
  The Office for National Statistics has removed a number of items from the list of goods and services it uses to measure inflation, and added others
  
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• Huge boost for Brexit Britain as pound storms ahead of nearly all global currencies

  11-03-2024 11:09 via express.co.uk
  
  EXCLUSIVE: The spring in sterling's step should help bring down the price of goods imported in dollars and euros, an expert says.
  
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• Two-thirds of entrepreneurs would love to turn their side hustle into their main job

  11-03-2024 11:04 via express.co.uk
  
  But some of the top things holding them back include lack of support to do so - and fears over not having a consistent income, the research found.
  
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• Vinyl records return to UK inflation basket for first time since 1992

  11-03-2024 10:30
  
  Strong sales of Taylor Swift’s 1989 (Taylor’s Version) help format make an impact, as air fryers also join listBusiness live – latest updatesNot since Simply Red’s album Stars topped the albums chart in 1992 have vinyl records been included in the basket of goods used to calculate annual inflation, but a rise in sales over recent years has brought them back as a marker of UK shop prices.The Office for National Statistics (ONS) said the “resurgence of popularity&rdqu
  
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• How to survive UK mortgage turmoil as rates go up and deals are pulled

  11-03-2024 10:00
  
  Homebuyers have to try to navigate their way to an affordable deal with no help in the budget to ease the painThe average mortgage rate that UK homeowners are paying is set to rise steadily over the next three years, and peak at 4.2% in 2027, according to an official prediction last week.The Office for Budget Responsibility (OBR), the Treasury’s tax and spending watchdog, says this is significantly higher than the 2% figure just over two years ago. Continue reading...
  
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• T&Cs at adventure travel firm GVI Planet are totally OTT

  11-03-2024 08:00
  
  It cancelled our £4,330 booking to take part in a conservation programme in Costa Rica, then wanted us to pay to get a refundIn January last year, my wife and I paid £4,330 to take part in a two-week volunteer conservation programme in Costa Rica with travel firm GVI. Flights were not included, so we booked these separately, and bought the books and equipment we needed. In July, we both received an email that nonchalantly informed us that the programme we were booked on would be clos
  
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• ‘Can I now send the funds?’: secrets of the Conservative money machine – podcast

  11-03-2024 06:00
  
  To see how easy it is for the wealthy to buy political access and influence, consider the story of the Tory donor Mohamed Amersi. By Tom Burgis Continue reading...
  
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