Financial news

• Fraud victim shares warning after losing life savings - 'They were nothing but lovely'

  17-07-2024 18:58 via express.co.uk
  
  One canny saver was conned out of her life savings after falling victim to an Automated Push Payment scam - and is now urging others to stay vigilant
  
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• When social housing policy leaves children bereaved and homeless | Letters

  17-07-2024 18:56 via theguardian.com
  Readers respond to an article that lays bare how relatives can find themselves evicted after a death in the familyKwajo Tweneboa’s piece about how bereaved relatives are immediately evicted from social housing struck home (The secret social housing scandal: when your parent dies – and you are evicted in days, 16 July). When my mother died in 2000, we had a week to clear the flat on the estate she lived on with us for 40 years. Just about time to clear the kitchen and bathroom, and di
  
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• Pensions tip as savers risk overlooking these other ways to build up funds

  17-07-2024 18:52 via express.co.uk
  
  EXCLUSIVE: Worker have been encouraged to read up on how their pension works.
  
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• Saving the world: UCL’s must-see festival celebrates engineers

  17-07-2024 18:35 via express.co.uk
  
  Engineers are one of the best chances we have of saving the world and that's why UCL is staging an action-packed programme of free interactive events for the whole family showing how they are forging the future.
  
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• Martin Lewis says 'cancel it' to people with holiday bookings this summer

  17-07-2024 18:22 via express.co.uk
  
  Martin Lewis has shared a great way to drive the cost of your hotel or holiday down - cancel it.
  
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• Martin Lewis says get instant free £200 ‘before Monday’ if you’re not with HSBC

  17-07-2024 17:46 via express.co.uk
  
  Martin Lewis is urging bank customers not with HSBC to get an instant £200 before Monday.
  
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• DWP hands people on Universal Credit extra £1,739 per month this summer

  17-07-2024 17:25 via express.co.uk
  
  Universal Credit claimants are eligible for as much as £1,739 per month even through the summer.
  
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• The king’s speech sounded a bit like Labour governments of old. But only a bit

  17-07-2024 17:21
  
  There is to be action but not a tax-and-spend splurge – just patient changes that will take time to pay offThe message from the king’s speech was clear. After 14 years in opposition, Labour is back with a plan to get the economy moving. The brakes on growth are coming off, says the prime minister.In a way, the measures outlined to achieve the government’s “mission” hark back to Labour governments of the past. There is to be more nationalisation, more centralised con
  
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• Pension scheme shake-up may add £11,000 to retiree savings

  17-07-2024 17:14 via theguardian.com
  
  Measures announced in the king’s speech include a ‘value for money test’ and consolidating small pension pots• Business live – latest updatesThe more than 15 million people who save into workplace pension schemes in the UK may benefit from a shake-up designed to add £11,000 to the average retiree’s savings.The package of measures announced in the king’s speech on Wednesday includes moves to help workers with many small pension pots by bringing them
  
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• Fury at threat to means test state pension - how long have MPs been planning this?

  17-07-2024 17:14 via express.co.uk
  
  Calls by a top Labour Party adviser to means test the state pension so that wealthy pensioners get less have triggered a furious response, but it's not an entirely new suggestion. Some Tories favour it, too.
  
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• Sterling soars with pound almost at two-year high on euro in boost for holidaymakers

  17-07-2024 16:45 via express.co.uk
  
  The pound is at an almost two-year high on the euro in a boost for holidaymakers.
  
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• WASPI boost as key group of MPs set to 'increase pressure' for compensation

  17-07-2024 16:30 via express.co.uk
  
  EXCLUSIVE: State pension campaigners disappointed to hear no mention of issue in the King's Speech but they have the backing of a powerful Parliamentary group
  
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• Fear of persistent inflation? Bank of England should shake it off

  17-07-2024 13:52
  
  Some economists believe the UK leg of Taylor Swift’s Eras tour led to higher prices in June – but the full picture is more complicatedHopes of August rate cut fall as inflation stays at 2%Inflation is back down to more normal levels. But at the Bank of England, there are concerns that the battle to keep it close to the 2% target set by the government has yet to be decisively won.Official figures from June show the headline measure remained bang on target for a second month in a row,
  
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• Hopes of August rate cut fall after UK inflation stays at 2%

  17-07-2024 13:02 via theguardian.com
  
  ‘Taylor Swift effect’ on hotel prices partly blamed for UK inflation defying forecast dropFear of persistent inflation? Bank of England should shake it offThe chances of an August interest rate cut have taken a blow after a sharp jump in hotel prices meant progress in the UK’s fight against inflation stalled last month.A near 9% jump in the cost of a hotel room – blamed by some analysts on a “Taylor Swift effect” – offset the impact of cut-price clothing
  
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• Uber Eats has failed to deliver after a £19,000 fraud

  17-07-2024 08:00 via theguardian.com
  
  Our pizzeria takings were diverted to a rogue account but it is refusing a refundI run a high street pizzeria with my wife and have been the victim of a significant fraud through the Uber Eats delivery platform, with £19,000 of our takings diverted to a rogue account.I tried to sort this out through the company’s customer service but have encountered nothing but frustration and incompetence. Continue reading...
  
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• Repair or replace? How to get the best deal on fridges, dishwashers and washing machines

  17-07-2024 08:00 via theguardian.com
  
  When an essential appliance breaks down, it can be a shock – but there may be lower-cost options such as secondhandIf it’s a replacement appliance you are looking for, getting the current one fixed could be better for your pocket and the environment, but it is important to weigh up the costs. Continue reading...
  
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• ‘I’ve had it a decade and it’s still going strong’: 18 everyday products that save you money and make life easier

  17-07-2024 07:00 via theguardian.com
  
  From a heated throw to your own sparkling water maker, from vegetable chopper to cabin bag, these ordinary items chosen by Guardian staff are worth their weight in goldWe all have something – a clever hack, a gadget or an investment purchase that saves us money, often over time – and usually helps cut down on waste, too.From a set of cheap funnels that make decanting bulk-bought products a doddle, as well as saving on packaging, to a sewing machine for running up repairs, curtains an
  
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