Financial news

• Uk politics: Voters want MPs to swear allegiance to their constituents, not to king, poll suggests – as it happened

  31-07-2024 19:01 via theguardian.com
  
  Polling for the Republic campaign group says only 11% of voters want MPs to pledge allegiance to the monarchA reader asks:I was wondering if you ever got a response from the DHSC yesterday as to why the previous government claimed settling the junior doctors’ dispute would cost £1.7billion?The real challenge we’ve got at the moment is the 2012 changes to right to buy [the discount was increased] meant that we can’t replace the stock, because the taxpayers are funding us c
  
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• UK homeowners: have you struggled to pay your mortgage?

  31-07-2024 18:41 via theguardian.com
  
  We would like to hear from people in the UK who have found it difficult to manage their mortgageThe Bank of England has cut UK interest rates from 5.25% to 5%, the first reduction in over four years. The hope for UK homeowners will be that mortgage lenders will pass this cut on to them.If you have been struggling with your mortgage or have remortgaged and paying more than you expected, we’d like to hear from you. What has your experience been like? What do you hope will happen with interes
  
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• I’ve been scammed, you’ve been scammed – and it’s about to get much worse | Arwa Mahdawi

  31-07-2024 12:00 via theguardian.com
  
  Forget the stereotype about tech-troubled grandparents: anyone can be fooled. And as AI gets more sophisticated, staying one step ahead will only get harderOnce upon a time, rather a long while ago, there was a bright-eyed, dim-brained twentysomething called Arwa Mahdawi. Young Arwa had recently arrived in New York City and was searching for that most elusive of beasts: an affordable place to live that was convenient, chic and didn’t involve sharing a bathroom with a psychopath. On her bud
  
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• Insurance won’t pay my stolen bike claim because the lock was stolen, too

  31-07-2024 08:00 via theguardian.com
  
  It says damage to the lock is the vital evidence it needs, but that was also takenMy e-bike was stolen this month but my insurer, Homeprotect, has rejected the claim because there is no evidence of damage to the lock. That’s because the thief made off with it, too.The bike was listed on my policy as a specific item to be covered even away from home. I don’t believe that the policy wording is clear. It should state that a bike theft claim will only be considered where there is CCTV pr
  
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• How to pick the best financial adviser for your needs

  31-07-2024 08:00 via theguardian.com
  
  Get three quotes, compare costs, and don’t be afraid to challenge feesMany in the industry say that a common misconception about financial advice is that it is only for people who are well-off. Continue reading...
  
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• A football finance special before the new season – Football Weekly

  31-07-2024 06:00
  
  Max Rushden is joined by Barry Glendenning, Kieran Maguire and Philippe Auclair to assess the murky world of football finance as we approach a new seasonRate, review, share on Apple Podcasts, Soundcloud, Audioboom, Mixcloud, Acast and Stitcher, and join the conversation on Facebook, Twitter and email.On the podcast today; Premier League clubs selling academy products and other loopholes – how are these being exploited and is anything being done to stop it? Continue reading...
  
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• Rachel Reeves and the £22bn black hole - podcast

  31-07-2024 04:00
  The chancellor, Rachel Reeves, has claimed that a £22bn shortfall in the public finances was “covered up” by the Conservative government. Larry Elliott reportsOn Monday, Rachel Reeves stood in front of a packed House of Commons and accused the Conservative government of covering up that they were overspending by £21.9bn. She announced a series of spending cuts, including cutting the winter fuel payments for 10 million pensioners.“She knows that the key to political
  
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• Benefit cap traps families in crowded, rat-infested homes, report finds

  31-07-2024 01:00 via theguardian.com
  Limit on welfare support, introduced in 2013, leaves some with just £4 a day for each family memberLow-income families affected by the benefit cap are living on as little as £4 for each person a day, often in overcrowded, rat-infested and damp homes with little prospect of escape, according to new studies.The cap puts a ceiling on the amount a working-age family can receive in welfare support if no one in the household is working or they are on very low wages. Families affected by it
  
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