Financial news

• Election Extra: Sunak’s £2,000 ‘lie’ – podcast

  05-06-2024 19:10
  
  Rishi Sunak’s assertion that people would pay £2,000 more in tax under Labour was called a lie by the shadow chancellor today. Archie Bland reports Continue reading...
  
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• Minted: public rush to snap up valuable new King Charles banknotes

  05-06-2024 18:23
  
  Some enthusiasts queued for hours outside of the Bank of England to get their hands on the new currency, while others withdrew it by chanceWhen Laurent Benson arrived in London from Belgium, on his to-do list was a trip to Threadneedle Street to exchange some old sterling at the Bank of England.Little did he know that the timing of his errand on Wednesday meant he would be among the first to take possession of a new kind of banknote, the first to feature the image of King Charles and, for that r
  
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• Best savings accounts now offer interest rates more than double inflation - top 7 accounts

  05-06-2024 15:58 via express.co.uk
  
  An impressive 1,642 savings accounts now offer interest rates above the UK's 2.3 percent inflation rate.
  
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• Zara plots further expansion after strong spring and summer collection sales

  05-06-2024 15:51 via express.co.uk
  
  Zara owner Inditex says that strong demand for its spring and summer collections have sent its first quarter sales and profits up 7.1% and 11.1% respectively.
  
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• Amazon faces investor scrutiny over trade union policies in UK, urged to validate human ri

  05-06-2024 15:46 via express.co.uk
  
  The CCLA Investment Management has written to the retail giant as part of a group of 50 investors and advisors in defence of worker bargaining rights.
  
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• Martin Lewis' urgent DWP state pension update with £12,570 warning after ITV debate

  05-06-2024 15:40 via express.co.uk
  
  Money guru Martin Lewis has issued an urgent state pension update following the ITV debate between Rishi Sunak and Keir Starmer
  
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• Interest rate cuts likely after business' cost inflation tumbles to 40-month low

  05-06-2024 15:32 via express.co.uk
  
  Inflation across the private sector eased last month to its lowest level since January 2021 new data shows, paving the way for Bank of England rate cuts this summer.
  
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• Fuel fury as prices for consumers 'fall like a feather' despite plunge in oil costs

  05-06-2024 15:23 via express.co.uk
  
  The RAC says there was a small fall in the average price of petrol and diesel in May - but not enough.
  
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• UK retailer B&M announces major expansion with plans for over 1,200 stores

  05-06-2024 14:56 via express.co.uk
  
  Sales at the discount retailer grew as cash-strapped shoppers sought out deals, the company said
  
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• Martin Lewis issues ‘batch cooking’ warning to British Gas, EON, EDF and Octopus customers

  05-06-2024 14:52 via express.co.uk
  
  Martin Lewis issued a 'batch cooking' warning to British Gas, Octopus Energy and EOn customers
  
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• Martin Lewis issues 'black hole' warning over General Election TV debates

  05-06-2024 14:16 via express.co.uk
  
  The founder of Money Saving Expert weighed in on the debate between Sir Keir Starmer and Rishi Sunak.
  
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• ‘Every minute is precious’: how an efficient payment system helps a thriving coffee business

  05-06-2024 13:43
  
  How does an ultra popular, high demand cafe get its customers in and out the door as quickly as they need their caffeine fix? The secret weapon is a seamless payments processThe way that customers choose to pay has evolved dramatically in recent years, with less reliance on cash, and a huge uptake in the use of cards and digital payments. And that makes a robust payments processing system a top priority for business owners.At the speciality coffee business Copper + Straw, which operates three ca
  
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• Wash and grow: how the right payment platform helped a laundry service to innovate

  05-06-2024 13:42
  
  When Katy Mitchell took over ownership of Washstation, her first job was to modernise the business. And when she brought a new provider on board to handle its payments, she found a willing partner for creative growthKaty Mitchell didn’t ever imagine she’d buy a laundry company. So, in June 2019, when she took control of the keys and cash boxes for 270 student laundry facilities around the UK, she could be forgiven for wondering what she’d just done. Fast forward five years and
  
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• From security to coverage: seven things sellers need to know about payments

  05-06-2024 13:40
  
  There’s a lot to get on top of when it comes to the subject of payment systems – but these seven must-knows are a great primer for any SME“Kerr-ching” – the sound of an old-fashioned cash register symbolises that magic moment when a customer taps, swipes, clicks or phones in a transaction and a sale is made.But with an ever-expanding roll of payment methods for online, mobile and physical storefronts, and an intricate web of software systems involved, the process be
  
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• From security to service: five things to consider when choosing a digital payments platform

  05-06-2024 13:37
  
  With so much to stay on top of when running a modern SME, it’s easy to lose sight of one essential – ensuring your customers can pay easily for your products and services. Read on to find out what to look for when choosing an online payments system for your businessNo matter how bricks-and-mortar your business is, it’s likely that you have a digital presence. And making your business digital-friendly is essential, particularly if you are selling online.You might have social med
  
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• Esure refuses to cover my home after policy expired

  05-06-2024 08:00
  
  I made a small claim for a subsidence problem and now it seems I can’t get insured by any companyFor the past few years I have had building and contents home insurance with esure, but I missed the renewal email and my policy expired.I had made a claim for a small subsidence problem at the end of 2022. This is ongoing – it has really dragged on – but is being dealt with. Continue reading...
  
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• Borrow a tent and bring food: how to cut the cost of UK summer music festivals

  05-06-2024 08:00
  
  Work your way in for a free pass, club together with friends for gear – and don’t forget the toilet rolls and wet wipesYou can get into festivals for free by offering to work during the event. Websites such as Festaff offer easy ways to volunteer for roles such as stewarding. Continue reading...
  
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