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Everton shareholders demand end to ‘farce’ of 777 takeover
Miami-based company accused of fraud amounting to £279m‘We demand a decision now,’ Premier League is toldEverton shareholders have urged the club’s owner, Farhad Moshiri, and the Premier League to end the “farce” of a proposed takeover by 777 Partners after the troubled company was accused of fraud worth hundreds of millions of dollars.The investment company 777, co-founded by Josh Wander and Steven Pasko, agreed a deal to buy Moshiri’s 94.1% stake in Ev -
WASPI boost as demands backed by huge number of MPs
via express.co.ukIt comes after the Ombudsman recommended women receive an apology and payouts of between £1,000 and £2,950 -
The high cost of living has turned the UK into a 'nation of spenders'
via express.co.ukThe nation's battle with the cost of living has changed what households do with their money, with consumption being cut by more than the fall in incomes, the Resolution Foundation said. -
Number of individuals who are ‘personally insolvent’ up almost 10 percent
via express.co.ukThe cost of living squeeze and difficulties meeting debt repayments were the driving force behind the rise of 9.9 percent to 9,651. -
Renters under threat as three in ten landlords plan to sell up
via express.co.ukThree in ten landlords have indicated they intend to reduce the number of properties they offer or get out of the market entirely. -
Germany's sick man of Europe economy 'could pull the plug on the EU'
via express.co.ukCOMMENT: MoneyMagpie founder Jasmine Birtles says Germany's problems are self-inflicted. -
Savings alert on possible General Election impacts on your investments and money
via express.co.ukMoneyMagpie's experts assess the potential impacts of a General Election on your investments. -
Pensions warning for key group of women who are missing out on billions
via express.co.ukNew figures show that less that one in three include pensions in an important financial settlement. -
Sick pay 'forcing' Britons to work as nearly half can't afford to go without full wage
via express.co.ukEXCLUSIVE: Britons are working through pain as those leaving the workforce through sickness hit record highs. -
High mortgage interest rates, ultra-long repayment plans - and how to protect yourself
via express.co.ukEXCLUSIVE: New official figures from the Bank of England have revealed a surge in the number of buyers opting for home loans running for up to 40 years. -
Ticket touts who ‘fleeced’ Ed Sheeran and Lady Gaga fans jailed
via theguardian.comFirm run by the ‘Ticket Queen’ sold tickets worth more than £6.5m on sites including Viagogo and StubHubTicket touts who conspired to “fleece” fans of artists including Ed Sheeran, Liam Gallagher and Lady Gaga have been jailed for operating a “fraudulent trading” scheme worth more than £6.5m.Judge Batiste sentenced four touts, who fraudulently bought and sold hundreds of tickets through a business called TQ Tickets, to up to four years in prison ea -
Ofgem energy price cap will fall to £1,574 a year this summer, say analysts
via theguardian.comMillions of households in Great Britain expected to remain in fuel povertydespite drop in pricesEnergy bills in Great Britain are expected to fall by 7% this summer – the equivalent of more than £100 a year – after a drop in wholesale gas prices, but will remain hundreds of pounds higher than pre-crisis levels.Analysts at Cornwall Insight, a well-respected energy consultancy, have forecast that the government’s energy price cap will fall to £1,574 a year for the ave -
Air Up: scent-flavoured water bottle becomes latest playground craze
via theguardian.comSchool must-have is setting pressured parents back £30 but could help keep kids off sugary drinksFrom loom bands to fidget spinners, playground crazes are usually cheap and cheerful, but the latest must-have is an expensive drinks bottle that comes with scent pods that trick your brain into thinking water is cola or fruit juice.The growing popularity of Air Up, with the cheapest bottles starting at about £30, is a dilemma for parents. Continue reading... -
China to cut mortgage rates as part of plan to prop up property market
via theguardian.comLocal authorities will be allowed to turn unsold homes from developers into affordable housingChina will cut mortgage rates and allow local authorities to turn unsold homes from developers into affordable housing, in a series of drastic measures by Beijing aimed at propping up the country’s faltering property market.The People’s Bank of China said it would scrap the minimum rate of interest and reduce down-payment ratios to 15% for first-time buyers and 25% for second homes. It will -
Flats for sale with outside space in Great Britain – in pictures
via theguardian.comFrom balconies with countryside and harbour views, to those with far-reaching cityscapes Continue reading... -
More than 6,000 UK bank branches now gone in nine years of ‘disastrous’ closures
via theguardian.comThirty-three constituencies, including two in London, will not have a single bank branch by the end of the year, says Which?The number of UK bank branches that have shut their doors for good over the last nine years will pass 6,000 on Friday, and by the end of the year the pace of closures may leave 33 parliamentary constituencies – including two in London – without a single branch.The tally is being published by the consumer group Which? as it seeks to make the “avalanche&rdqu -
All parents, working or not, should have access to childcare, say experts in England
via theguardian.comRescue and reform manifesto from Early Education and Childcare Coalition calls for overhaul of modelA manifesto calling for an overhaul of childcare provision in England, including making early education accessible to all children regardless of whether their parents work or not, has been backed by dozens of leading employers and unions.Thirty-five national organisations have joined forces to call for the reform of the current childcare model, including the Federation of Small Businesses, the Ear -
Carer’s allowance report a vivid insight into failings of an unfit system
via theguardian.comLittle wonder welfare ministers were so reluctant the publish the study they commissioned five years agoThere are plenty of reasons why welfare ministers were reluctant to publish the study they commissioned into unpaid carers’ experiences of carer’s allowance five years ago, and which has finally emerged under duress.In 2019 they had undoubtedly been chastened by criticism from MPs and auditors that the Department for Work and Pensions (DWP) did not understand how a relatively littl -
Ministers knew about carer’s allowance problems three years ago, report reveals
via theguardian.comSuppressed DWP study told of hardship endured by carers forced to repay thousands after minor allowance breachesMinisters were warned three years ago that unpaid carers were being treated unfairly and forced to repay huge sums for minor benefit breaches, a long suppressed government report has revealed.A Department for Work and Pensions document presented to politicians in 2021 detailed how carers – the majority of whom were on low incomes and spending 65 hours a week caring for loved ones -
Three UK banks announce cuts to cost of fixed-rate mortgages
via theguardian.comBarclays Bank, HSBC and TSB reveal reductions, reversing some ofprice rises seen in recent weeksThree UK banks have announced cuts to the cost of fixed-rate mortgages, reversing some of the price rises seen in recent weeks.Barclays Bank has announced it will reduce the price of five-year fixed-rate deals for new borrowers and remortgagors by up to 0.45 percentage points from Friday. Its five-year fixed-rate for borrowers with a 40% deposit is decreasing from 4.47% to 4.34%. Continue reading... -
Bailiff evictions of renting households at six-year high, says MoJ
via theguardian.comProtesters call for rent controls as 2,682 households evicted in first quarter of 2024 in England and WalesBailiffs are evicting more renting households than at any time in the last six years, the Ministry of Justice has said, as protesters chanted for rent controls outside the HQ of Britain’s biggest listed private landlord.More than 100 members of the London Renters Union (LRU) set off red and blue smoke canisters as they descended on the glass and steel office of the property firm Grain -
Landlords selling up leaving 2,000 households a month in England facing homelessness
via theguardian.comFour in 10 households seeking council help say it is because property is being sold, amid renting reform delaysMore than 2,000 households a month are facing homelessness in England because private landlords say they are selling up, with some blaming uncertainty caused by government delays to renting reforms.Official figures show that more than four in 10 families who have asked councils for temporary housing after a private landlord ended their tenancy are in the predicament because the owner to -
Ministers apologise and return £7,000 in benefits to woman, 93, with dementia
via theguardian.comExclusive: Elderly woman was allowed to run up debts in ‘disturbing’ case, the latest to emerge in Guardian investigationGovernment ministers have formally apologised and repaid £7,000 to a 93-year-old woman whom they held responsible for running up benefits overpayment debts even though they were told she had dementia and was unable to manage her affairs.The case, which the minister for disability, Mims Davies, admitted was “disturbing”, was brought to light by the -
Record quarter for cruises and resorts puts Tui on track for a strong year
via express.co.ukPackaged holidays giant Tui is on track for a good year, after a "very successful" first half, according to chief executive Sebastian Ebel. -
Struggling households can claim cost of living payments worth up to £300
via express.co.ukThe support payments come from the Government's Household Support Fund scheme, which has provided local councils with pots of cash to offer targeted support to households struggling the most with the cost of living -
Renters in race for a home - properties snapped up 10 days more quickly than pre-pandemic
via express.co.ukTwo-bedroom rental homes are listed on Zoopla for an average of 25 days, some 10 days less than the pre-pandemic average, according to the estate agency Savills. -
This investment tip can help boost your pension savings by 50% in 10 years
via express.co.ukIt comes as three-quarters of retirees say they've already dipped into their pension pots by the time they retire. -
Far too many Britons are at the mercy of exploitative private landlords. I have a five-point plan to fix that | Stephen Cowan
via theguardian.comFor so many millions, the home-owning dream has died. Labour must protect them, and reconstruct a dysfunctional housing marketStephen Cowan chaired the independent private rented sector commission
Sarah faces daily torment. An impending rent rise means she can no longer afford to live in the home she shares with her two children. She has to downsize. That means potentially having to split up her boys. Her youngest is doing his A-levels. Her oldest, just turned 18, is struggling with mental healt -
Credit score check 230,000 people need to do right now as mistake could 'ruin your life'
via express.co.ukYour credit report can be greatly damaged if you do not fix this error. -
New support package could save you £4,882 a year - check if you qualify
via express.co.ukThe support became available this week and people can apply for it now.
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