Financial news

• Sajid Javid to become partner at investment firm Centricus

  02-07-2024 19:02
  
  Former chancellor cleared for role by body examining propriety of ministers taking jobs in private sectorSajid Javid, the former Conservative chancellor of the exchequer, is to become a partner at a London investment firm founded by a trio of his former colleagues at Deutsche Bank.The former banker, who held seven ministerial positions in a 15-year political career, confirmed on Tuesday that he was joining Centricus, a private equity and asset manager based in Mayfair. He will start the role on
  
  Read more

• M&S increases stocks of smaller womenswear sizes due to higher demand

  02-07-2024 18:24
  
  Rise in sales of ranges in six to 10 suggests retailer has been successful in appealing to younger demographicM&S gets it right (finally) on AGMs. Others should make an effortMarks & Spencer is increasing its stocks of smaller sizes in womenswear after a surge in demand left gaps on shelves.Stuart Machin, the chief executive of the high street stalwart, said that three years ago about a fifth (21%) of the items sold from its main seasonal collection were size six to 10 and that had now r
  
  Read more

• ‘I must have saved at least £100!’ Three writers try the no-spend challenge

  02-07-2024 11:00
  
  It’s the viral trend that involves cutting out unnecessary costs. So how difficult is it to buy absolutely nothing for a day each week – and will it change your life and bank balance?“Be serious.” That was my six-year-old’s immediate reaction when I told him I’d signed us up for a month-long no-spend challenge, and that as a result I wouldn’t be forking out a penny for four Saturdays in a row. I’m not sure I blame him. On a typical weekday, I don&r
  
  Read more

• Retail relief as products drop in price alongside easing inflation in boost to shoppers

  02-07-2024 08:58 via express.co.uk
  
  Food inflation is at its lowest since 2021 and non-food items have actually decreased.
  
  Read more

• Advertisement

• I saw my mum forced to fight and cajole as a carer. When will politicians end the conspiracy of silence on adult social care? | Rory Kinnear

  02-07-2024 08:00
  
  There are millions of carers, exhausted and sick of broken promises, yet neither Labour nor the Tories seem serious about reformMy sister, Karina, suffered a lack of oxygen at birth causing her to have multiple complex health problems. For most of her life, after my father’s death, my mother was her sole carer.During that time, Mum argued and fought and shouted and cajoled and wrote and championed and filled-in-forms and coerced and harassed and endured and chivvied and filled-in-different
  
  Read more

• A stranger seems to have taken over our address

  02-07-2024 08:00
  
  We have been receiving numerous letters addressed to him and he’s even put his name on our water billsFor the last three months, we have been receiving mail addressed to a stranger. We have lived at our address for over 40 years.They have been from the Department for Work and Pensions, the police about speeding tickets, and our local council. He’s even put his name on our water bills. Continue reading...
  
  Read more

• Next UK government poised to benefit from fall in inflation and fuel prices

  02-07-2024 01:01
  
  Pressure on household finances eases as shop price rises slow to 0.2% and petrol costs drop for second monthBritain’s next government is poised to benefit from easing pressure on household finances after a slowdown in inflation in stores and a fall in fuel prices, but costs remain “too expensive” for many families.Figures from the British Retail Consortium (BRC) show that annual UK shop price inflation cooled last month to 0.2%, down from 0.6% in May – the slowest pace si
  
  Read more

Follow @financialnwsUK on Twitter!