Financial news

• Britain’s pothole problem is driven more by heavy vehicles than heavy traffic | Letter

  20-03-2025 18:52 via theguardian.com
  
  Cllr Richard Robertson says flaws in poorly maintained roads develop faster with heavier cars and calls for a rethink of road taxYour article (‘In a rut’: cost of fixing pothole-plagued roads in England and Wales soars to £17bn, 18 March) mentions “heavy traffic” and “poor road construction” as some of the causes of the pothole proliferation, but it’s heaviness of vehicles, not volume of traffic, which is most to blame.The road surface problem is r
  
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• The best Mother’s Day gifts: 68 thoughtful ideas for £50 and under they’ll love

  20-03-2025 18:00 via theguardian.com
  
  From a reading light to a gardening knife, a meditation cushion to a birthstone ring, these fun, and often useful, gifts tick every box• The best flower delivery: seven favourites, freshly pickedWhether you’re 16 or 60, shopping for your own mum or someone else’s, Mother’s Day gifts needn’t be formulaic. In fact, we’d argue that they should be thoughtful, fun or useful (but possibly not too useful), or provide a moment of escape. There’s no worse gift tha
  
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• Young investors turn to gold and luxury items for future financial security

  20-03-2025 14:40 via express.co.uk
  
  Young Brits are turning their backs on stocks and shares in favour of gold bars, luxury watches, and even vinyl records in a bid to cash in on alternative investments
  
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• Nationwide launches new savings account for parents with children born 2007 and 2025

  20-03-2025 14:03 via express.co.uk
  
  Nationwide's new account is specifically aimed at those with ‘parental responsibility'
  
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• Bank of England says companies freezing hiring plans as it keeps interest rates on hold

  20-03-2025 13:46 via theguardian.com
  
  Rate-setting committee also points to mounting global uncertainty as it pauses its cycle of reductionsAnalysis: Bank of England in no hurry on interest rates, but cuts will comeBusiness live latest updatesThe Bank of England has said UK businesses are freezing their hiring plans in response to Rachel Reeves’s tax increases and to mounting global uncertainty as it kept interest rates on hold at 4.5%.Before the chancellor’s spring statement on Wednesday, the bank’s monetary polic
  
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• HMRC issues State Pension alert to women in their 60s and 70s

  20-03-2025 13:45 via express.co.uk
  
  Home Responsibilities Protection should have automatically been granted to anyone who took time off work to care for a family and who also claimed child benefits between April 6, 1978, and April 5, 2010.
  
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• Santander issues urgent branch closure update message to furious customers

  20-03-2025 13:11 via express.co.uk
  
  Santander bank has issued an urgent update message to furious customers after announcing 95 branch closures.
  
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• Lloyds, Santander and Natwest to shut branches - full list of 2025 bank closures mapped

  20-03-2025 13:10 via express.co.uk
  
  Nearly 2,000 bank branches have brought the shutters down since February 2022.
  
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• Lloyds Bank cash machine glitch as customer accidentally withdraws large amount

  20-03-2025 13:01 via express.co.uk
  
  The bank responded to say the error should not have happened
  
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• 'I'm getting free money from Nationwide and so are 12 million others - when and why'

  20-03-2025 12:53 via express.co.uk
  
  Nationwide is giving away free money to 12 million people - but you have to meet certain criteria to be eligible for the cash sum
  
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• Rachel Reeves predicted to push austerity over tax rises in Spring statement

  20-03-2025 12:19 via express.co.uk
  
  Ministers have already begun slashing welfare payments
  
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• How bottled water companies are draining our drinking water – video

  20-03-2025 10:46 via theguardian.com
  
  As droughts become more prevalent, corporate control over our drinking water is threatening the health of water sources and the access people have to them. Josh Toussaint-Strauss explores how foreign multinational companies are extracting billions of litres of water from natural aquifers to sell back to the same communities from which it came – for huge profits‘It’s not drought - it’s looting’: the Spanish villages where people are forced to buy back their own drink
  
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• Top 20 conditions cited by PIP claimants revealed - full list

  20-03-2025 01:01 via express.co.uk
  
  Claimants of PIP in 2024 were up 400,000 on the previous year, with some conditions prompting over double the claims compared with five years ago.
  
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• Some disabled people could lose £10k a year in benefits by end of decade

  20-03-2025 01:01 via theguardian.com
  Experts say planned cuts will deliver series of ‘painful income shocks’ for manySome disabled people could lose nearly £10,000 a year in benefits by the end of the decade under Labour’s controversial disability benefits reforms that will target the living standards of poor and middle income households, experts have forecast.Plans announced on Tuesday will see 1 million ill and disabled people directly lose personal independence payments (Pip) worth between £4,2oo an
  
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