Financial news

• Leading UK lenders raise fixed-rate mortgage deals amid ‘market uncertainty’

  23-04-2024 16:41
  
  Borrowers urged not to panic as banks including Barclays, NatWest and HSBCreadjust cost of loansAt least five leading lenders increased rates on their fixed mortgage deals on Tuesday in response to “market uncertainty”, adding to pressure on homebuyers and those looking to remortgage.Barclays, HSBC, NatWest, Accord Mortgages (part of Yorkshire building society) and Leeds building society have all upped the cost of some fixed-rate deals. In some cases these have risen by up to 0.4 per
  
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• FTSE 100 is an international laggard despite its record high | Nils Pratley

  23-04-2024 15:51
  
  Index’s rise has been driven by the dollar’s strength against the pound – and that effect can reverseWhat’s behind the FTSE 100 record high?Business live – latest updatesEvery dog will have its day and here comes the FTSE 100 index, not so much soaring as limping to a record high of 8,076. If that sounds too grumpy, consider that the previous record, 8,047, was set in February last year. In the 14 months it has taken the UK’s premier index to regain its old re
  
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• What’s behind the record FTSE 100 high?

  23-04-2024 14:08
  
  Hopes of a UK interest rate cut and easing geopolitical tensions are not the only reasons for the intraday peak reached this morningThe UK stock market has hit an intraday record high, lifted by hopes of interest rate cuts and easing geopolitical tensions, after setting a new closing high on Monday. The FTSE 100 index touched 8,076 points at the opening bell on Tuesday, surpassing a previous high of 8,047 reached in February 2023. We explain what is behind the rising London market. Continue read
  
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• Was it Angela Rayner who was fined millions by HMRC? No, that was a Tory | Zoe Williams

  23-04-2024 12:00
  
  The man who reported Labour’s deputy to the police can’t even say what he was complaining about. Meanwhile, there’s no getting away from the Conservatives’ scandalsI went past parliament last week and saw Angela Rayner. She is one of those politicians you couldn’t miss anyway, but she was also dressed in primary colours and silver shoes, the purest “up yours” outfit imaginable.It was a couple of hours after a toe-curling exchange on Sky News in which the
  
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• Virgin Money launches new Cash ISA paying 'excellent' 5.05% interest rate

  23-04-2024 11:03 via express.co.uk
  
  Virgin Money's new account might appeal to savers happy to lock their cash away for one year.
  
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• Surge in supply of homes for sale in some seaside locations, Zoopla finds

  23-04-2024 10:28 via express.co.uk
  
  Supply has increased particularly strongly in locations including Cornwall; Bournemouth, Christchurch and Poole in Dorset; and North Kesteven in Lincolnshire, Zoopla said.
  
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• Fears rising school prices will force parents to pull children out of private education

  23-04-2024 10:06 via express.co.uk
  
  Just over one in five parents will have to remove their child from private school and one in four will have to take on additional borrowing to be able to afford rising school fees.
  
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• Inheritance tax receipts reach a record-breaking £7.5bn - three ways to slash your bill

  23-04-2024 09:37 via express.co.uk
  
  HMRC raked in £400million more between March 2023 and April 2024, compared to the same period a year prior.
  
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• Martin Lewis issues urgent warning to anyone with curtains in their home

  23-04-2024 09:12 via express.co.uk
  
  The Money Saving Expert has issued a warning to anyone who has curtains in their home or are planning on buying the home essential.
  
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• The expansion of free childcare has been a Tory-fied mess of a bright Labour idea | Polly Toynbee

  23-04-2024 09:00
  
  On a visit to a combined nursery and primary school, I saw how early years provision can really be transformedPanic and a screeching U-turn. The prime minister dismissed claims there were too few nursery places for every two-year-old in England (with working parents) on 1 April, the day that entitlement to 15 hours a week began. He even said: “Staffing levels have increased and more people are at work in the sector and the number of places has also increased over the past year.” Outs
  
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• State Pensioners given 'act now' warning to claim £1,319 a month boost - check eligibility

  23-04-2024 08:56 via express.co.uk
  
  The Department for Work and Pensions has applied the annual uprating to both the State Pension and the disability benefit, which will see more than 1.5million older people.
  
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• House prices warning as now is 'worst time to be first-time buyer in 70 years'

  23-04-2024 08:49 via express.co.uk
  
  Radical action is needed to turn around a slump in the number of people able realise their home owning dream, according to the Building Societies Association.
  
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• TV licence fee petition launched that demands levy increase by £14 for more BBC funding

  23-04-2024 08:46 via express.co.uk
  
  BBC TV licence petitioners argue any reduction in the BBC's capability to produce its "best" is against the nation's interests.
  
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• Garry Menzel joins GHO Capital as Operating Partner

  23-04-2024 08:00 via globenewswire.com
  
  Garry Menzel joins GHO Capital as Operating PartnerFormer CEO of TCR² Therapeutics with significant investment and operating experience to support deal origination and provide best in class services to pioneering healthcare companiesLondon, UK – 23 April 2024: Global Healthcare Opportunities, or GHO Capital Partners LLP (“GHO”), the European specialist investor in global healthcare, is pleased to announce the appointment of Dr. Garry Menzel as Operating Partner.Garry bring
  
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• Pensions expert says it's 'bad news' for millions who will 'wait longer' to retire

  23-04-2024 03:43 via express.co.uk
  
  The State Pension age is set to rise to 67 between 2026 and 2028, with another rise to 68 planned for between 2044 and 2046.
  
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• Elon Musk – arrogant billionaire or free speech warrior? | Fiona Katauskas

  23-04-2024 02:47
  
  Either way it stinksSee more of Fiona Katauskas’s cartoons here Continue reading...
  
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