Financial news

• Urgent warning to everyone with £10,000 in savings account

  06-08-2024 20:05 via express.co.uk
  
  Everyone with £10,000 in their savings account has been issued a warning.
  
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• People born in these years blocked from state pension for 12 months

  06-08-2024 19:41 via express.co.uk
  
  People born in these years will not be able to get the state pension
  
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• Thames Water’s assets are looking worse and worse. Bondholders must pay | Nils Pratley

  06-08-2024 19:37
  Damning Ofwat report underlines multiple operational failings at the beleaguered companyWhat does Thames Water’s latest disgrace – top billing in a multi-year, multi-company sewage scandal, as finally detailed by the regulator, Ofwat, on Tuesday – mean for its great refinancing challenge?At one level, you could say it makes little difference. A £104m penalty is close to the maximum under Ofwat’s powers, but is a rounding error in the context of borrowings of £
  
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• Cracks in Angela Rayner’s plan for a housing revolution | Letters

  06-08-2024 19:12 via theguardian.com
  
  David Woollcombe points out the crucial need for infrastructure to be built alongside new homes. Plus letters from Dr Stephen Battersby, Tony Ingham and Martin LargeYour editorial’s conclusion (30 July) that Angela Rayner’s announcement of a new National Planning Policy Framework (NPPF) was a “good start” failed to address the yawning policy gap that makes her announcement horribly flawed and misguided. The catastrophic failure of the housing market to meet current n
  
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• Global financial crash warning as Labour's 'deluded' economic master plan about to implode

  06-08-2024 18:32 via express.co.uk
  
  The Labour Government's "honeymoon" period is over as the party's economic plans are about to crash into reality, an expert claims.
  
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• Thousands of households can apply for £200 cost of living cash

  06-08-2024 18:17 via express.co.uk
  
  You may be entitled to a support grant of £200 but be sure to apply soon as applications close at the end of August.
  
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• Martin Lewis says women on state pension can get extra £82,000

  06-08-2024 18:01 via express.co.uk
  
  Martin Lewis says women on state pension can get as much as £82,000 extra.
  
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• Money expert's warning if you're looking for 'bottomless' deals this summer

  06-08-2024 17:03 via express.co.uk
  
  As the summer holidays continue, many families are searching for ways to cut back on the bills without compromising experiences during the sunny months
  
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• Britain’s death tax hot spots revealed as Government looks to raid inheritances

  06-08-2024 16:48 via express.co.uk
  
  The Government is expected to rake in £7.5 billion from Britain's ‘most hated tax' this year - up 25 per cent in just three years.
  
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• Martin Lewis warns not to use washing machine before 9pm

  06-08-2024 16:38 via express.co.uk
  
  Martin Lewis says you should avoid using heavy appliances like washing machines before 9pm if you're on one type of Octopus Energy tariff.
  
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• ‘I’m a pension expert - here’s what the tumbling stock market means for you’

  06-08-2024 16:15 via express.co.uk
  
  A tumbling stock market is not always bad news for your pension, an expert has said.
  
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• When lots of your friends still live at home, renting isn’t just expensive – it’s lonely too | Chloe Aslett

  06-08-2024 11:00 via theguardian.com
  
  The housing market has left Gen Z divided, with some stuck with their parents feeling like children, and us renters living without companyI felt as if I had hit the jackpot when I graduated, quickly got a job and found a small flat in Sheffield I could (just about) afford to rent with my partner. I’d got it “right”: I’d avoided moving back to my childhood bedroom, and at age 22 I felt like a proper grownup. But with each week that passed an uneasiness grew, as it became a
  
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• Shore thing: English beach huts – in pictures

  06-08-2024 09:00
  
  Colourful wooden beach huts are a cherished fixture of the British seaside and are much sought after in the coastal resorts of Kent, Essex and East Sussex. Most are only big enough to sit in, get changed and store belongings, while others have been equipped with kitchenettes and beds Continue reading...
  
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• Our FlixBus to Paris will not be stopping in Paris

  06-08-2024 08:00 via theguardian.com
  
  After we booked our trip, the arrival time and terminus were changed – but we weren’t offered a full refundWe booked a FlixBus coach journey from London to Paris, which was scheduled to arrive at Paris Bercy at 7.35am. Two weeks before the date of travel, the company informed us that the departure time had changed and that, as a result, the bus would now arrive in “Paris” at 9am. On inspection, the tickets showed that the arrival spot was not as originally planned, but Sa
  
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• Two-child benefit cap is cementing regional poverty, Starmer told

  06-08-2024 07:00 via theguardian.com
  
  North-west and West Midlands worst hit, says thinktank, and in some areas half of children live below breadlineKeir Starmer has been warned that the two-child benefit cap has contributed to a widening gulf in regional poverty, leaving almost half of all children in some towns and cities living below the breadline.With the prime minister under pressure to drop the policy, research from the Resolution Foundation showed a “very strong relationship” between local levels of child poverty
  
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• England riots: what help is available for affected homeowners and businesses?

  06-08-2024 07:00
  
  Insurers say they will respond as quickly as possible, while official compensation could be another optionHomeowners and businesses in riot-affected areas who have had property damaged or stock stolen will want to know what help is available to get them back on their feet.Some homeowners have had their windows smashed or their front wall knocked down, other people have had their cars torched, while supermarkets, shoe shops and other retailers have been looted. Continue reading...
  
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• Paris Olympics deal hands Discovery+ gold in UK TV streaming race

  06-08-2024 01:01
  
  Subscriber growth booms for US pay-TV firm after move to grab European broadcast rights from BBCDiscovery+ has become the UK’s fastest growing paid streaming service, with its parent company’s near-£1bn deal to wrest control of the rights for the Olympics from the BBC appearing to be paying off.Six years ago Warner Bros Discovery (WBD) – which runs Discovery+ in the UK and the Max streaming service across Europe, alongside broadcast channels such as Eurosport – reac
  
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