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'I'm a benefits consultant – my clients pay me £650 for every disability form I fill out'
via express.co.ukCharlotte Anderson accepted there was a risk that fraudsters could be watching her videos in the hope of abusing the benefits system. -
Ireland emerges from technical recession; Tesla shares jump 12% after Musk’s China trip – business live
via theguardian.comZoopla reports the annual mortgage repayments for the average buyer in 2024 have now reached £11,400. 61% higher than 3 years agoNew inflation data today has shown that prices rose in four German states this month.In Bavaria, the annual inflation rate rose in April to 2.5% from 2.3% in March, in Brandenburg it rose to 3.0% from 2.8%, in Saxony it rose to 2.7% from 2.5%, and in Hesse it rose to 1.9% from 1.6%. Continue reading... -
Startling data shows UK pay packets worth less than 2008 - full list of worst affected
via express.co.ukThe average UK worker could be £200 a week better off if real wages had grown at a pre-financial crisis rate, TUC says. -
HMRC State Pension boost as new National Insurance payment service launches
via express.co.ukHMRC and the DWP's new service aims to provide state pension "certainty" for those planning their retirement. -
DWP to hand out £5,000 in back-payments - check if you're owed money
via express.co.ukThe Department for Work and Pensions is issuing payments after an error meant thousands of people did not get the cash. -
Secondhand fashion seller Vinted moves into profit after 61% sales rise
via theguardian.comLithuania-based site is expanding while its rivals Depop and RealReal reported losses last yearThe online secondhand fashion seller Vinted has reported a 61% rise in sales to almost €600m (£513m), taking the company out of the red for the first time amid a boom in demand for “pre-loved” clothing.The Lithuania-based group said growth had been spurred by entering new markets including Denmark and Finland; an expansion into luxury fashion through its acquisition of secondhand -
OpenAI to use FT journalism to train artificial intelligence systems
via theguardian.comUnder deal, ChatGPT users will receive summaries and quotes from Financial Times content and links to articlesThe Financial Times has struck a deal with ChatGPT developer OpenAI that allows its content to be used in training artificial intelligence systems.The FT will receive an undisclosed payment as part of the deal, which is the latest to be agreed between OpenAI and news publishers. Continue reading... -
Bread, beer and biscuits 'crisis' as UK shoppers warned to expect big price rises
via express.co.ukBritish farmers are facing losses after struggling to establish key crops over autumn and winter due to the warm wet weather. -
Savings provider offers new 4.96 percent interest rate and earns 'excellent' rating
via express.co.ukThe savings account retains a "competitive" position in its sector. -
Car insurance prices jump by a third in a year, says ABI
via express.co.ukThe typical price of a policy sold in the first quarter of 2024 was £635. -
Hipgnosis backs £1.3bn private equity takeover by Blackstone
via theguardian.comDeal would end six years of turmoil for owner of back catalogues of star artists ranging from Blondie to Neil Young and Justin Bieber The struggling owner of music back catalogues ranging from Shakira to the Red Hot Chili Peppers has agreed a $1.6bn (£1.3bn) improved takeover offer from the US private equity investor Blackstone.Hipgnosis Songs Fund said it was recommending the offer, which trumped a $1.4bn bid by the US-based royalties fund Concord Music. Continue reading... -
‘Meal prepping’ is booming – but beware the health dangers
via theguardian.comPlanning meals for the week and cooking and storing them all in advance is a growing trend to save time and money. But there are potential problemsJust after his food shop is delivered at 10am on a Sunday, Sean Willers starts his weekly routine. Bolognese, chilli, potatoes, rice, chicken and vegetables are all cooked and stored in the fridge for lunches and dinners until Wednesday.The routine – he eats the same thing “80% of the time” – means he has similar food ever -
House prices rise fastest for this one property type as regional demand varies 'hugely'
via express.co.ukHalifax said there has been a switch in demand, reversing the "race for space" that was seen during the coronavirus pandemic. -
Depression and anxiety sufferers 'to lose sickness benefits in welfare reforms'
via express.co.ukThe Work and Pensions Secretary is set to announce plans to overhaul the way disability benefits work in a statement to the Commons on Monday, with proposals aimed at providing "more tailored support in line with their needs" -
The EU’s ‘right to repair’ rule is truly radical – British builders should copy it wholesale | Phineas Harper
via theguardian.comThe construction sector accounts for 62% of waste: that could be drastically cut if we chose refurbishment over demolitionMy first phone was a Nokia 3210, a cute grey brick with just enough computing power to run Snake. Compared with today’s sleek 5G touchscreen devices it was pretty pants, except in one way: I could repair it. The case, keyboard and battery could, without any special tools, be disassembled and replaced when they cracked or wore out. Unlike iPhones, which arrived on the ma -
L&Q’s house exchange scheme turned our lives into a nightmare
via theguardian.comWe wanted to swap to a bigger flat but ended up with near-collapsing ceilings, rotten plaster, no heating or hot water and an abusive neighbourMy wife, the daughter of a Windrush émigré, is a long-term social housing tenant with L&Q. Since we plan for her elderly parents to move in with us, we applied to swap her two-bedroom flat for a three-bedroom one via housing association L&Q’s mutual exchange scheme. The property we chose was in a poor state of repair, but had p -
Binance founder faces possible three-year jail term over ‘wild west’ business model
via theguardian.comChangpeng Zhao pleaded guilty to money laundering chargesChangpeng Zhao, the founder of the world’s largest cryptocurrency exchange, will be sentenced on Tuesday after pleading guilty to money laundering charges, with US prosecutors seeking three years in prison for the tech tycoon.Zhao, 47, stepped down as chief executive of Binance in November after admitting to breaking US anti-money laundering laws. Last month, another fallen cryptocurrency mogul, Sam Bankman-Fried, whose FTX exchange -
There’s a hard-right tidal wave about to hit Europe – and it will only make the economic crisis worse | Gordon Brown
via theguardian.comNear-zero growth has crushed living standards, sending voters to populist demagogues. But they have no solutions to offerBy the time of the European parliament elections in June, this year’s rightward drift in European politics will have turned into a tidal wave. Ultra-nationalist demagogues and populist-nationalists are now leading the polls in Italy, the Netherlands, France, Austria, Hungary and Slovakia, and running second in Germany and Sweden. There are two hard-right groupings in the -
Ocado pay backlash looms as firm moves to offer boss £14.8m package
via theguardian.comInvestors urged to vote against online grocer’s remuneration for CEO Tim Steiner at upcoming AGMOcado is facing criticism as it seeks shareholder approval on Monday for a potential bonus worth up to £14.8m for its chief executive, Tim Steiner.Glass Lewis, an influential shareholder advisory group, has urged investors to vote against the online grocery group’s remuneration policy and performance share plan at its annual shareholder meeting, flagging “egregious remuneration -
Ireland reaps €700m Brexit bonanza from customs duties
via theguardian.comDublin records near-doubling of tax revenue from duties on imports of clothing, food and other goods from Great BritainIreland has landed a €700m (£600m) Brexit bonanza with a steep increase in tax revenues flowing from customs duties now applicable to imports of clothing, food and other goods from Great Britain.Before Brexit, Britain enjoyed customs-free exports to Ireland and the rest of the EU because it was part of the single market and customs union. Continue reading... -
‘Washout winter’ spells price rises for UK shoppers with key crops down by a fifth
via theguardian.comAnalysts say impact on wheat, barley, oats and oilseed rape harvests means price rises on beer, bread and biscuits and more food importedUK harvests of important crops could be down by nearly a fifth this year due to the unprecedented wet weather farmers have faced, increasing the likelihood that the prices of bread, beer and biscuits will rise.Analysis by the Energy and Climate Intelligence Unit (ECIU) has estimated that the amount of wheat, barley, oats and oilseed rape could drop by 4m tonnes -
Money-saving rules used by families fighting against the cost of living
via express.co.ukNew research has revealed a definitive set of rules used by families as they battle against the cost of living. -
Cash is king — for now: China signals it will slow transition to cashless society
via theguardian.comWith tourists struggling to access the two primary digital payment apps, Alipay and WeChat pay, Beijing has put measures in place to make cash payments easierFor 18 years, Liu Yau-li has been bringing tourists to China. In that time she’s seen the full evolution of China’s digital payment system. Twenty years ago, she says, everyone used cash. But today it’s not unusual to find places that can’t or won’t accept cash at all, particularly after the pandemic when much -
Average cost of UK car insurance rises by one-third in a year, analysis finds
via theguardian.comABI reports annual jump of £157 in first quarter of 2024 but says 1% increase on previous quarter indicates rises are easingThe average price paid for comprehensive motor insurance in the UK was about a third (33%) or £157 higher in the first quarter of this year than a year earlier, according to figures from the Association of British Insurers (ABI).Based on analysis of policies sold, the typical price paid in the first quarter of 2024 was £635, marking a 1% increase on the pr -
Thames Water collapse could trigger Truss-style borrowing crisis, Whitehall officials fear
via theguardian.comExclusive: Concerns over effect on UK’s finances lead officials to believe utility should be renationalised before general electionSenior Whitehall officials fear Thames Water’s financial collapse could trigger a rise in government borrowing costs not seen since the chaos of the Liz Truss mini-budget, the Guardian can reveal.Such is their concern about the impact on wider borrowing costs for the UK, even beyond utilities and infrastructure, that they believe Thames should be renation -
The Guardian view on the price of chocolate: cocoa producers face bitter truths | Editorial
via theguardian.comFarmers, even more than consumers, need a stable and predictable global food systemThe small indulgence of chocolate is becoming a more costly one. Soaring prices for cocoa beans recently hit a record $12,000 a tonne: roughly four times last year’s price. Many think they will go higher. That means smaller or more expensive bars and reformulated recipes for many consumers, and may put out of business small specialist producers. Yet it is bringing little reward to struggling growers.The imme -
BHP’s pursuit of Anglo American has a major obstacle: South Africa
via theguardian.comThe De Beers owner is a longstanding jewel in the African' state’s economic crown – it would be a ‘big blow’ to see it sold offThe world’s largest mining company has a problem. Australia’s BHP has set out its intention to snap up the rival miner Anglo American in a multibillion-pound deal that would reshape the global industry. Its proposed £31bn takeover plan has already been rebuffed as a lowball offer that undervalues the company. But Anglo’s de -
‘Nervous of its own boldness’: the (almost) radical rebirth of King’s Cross
via theguardian.comThe two-decade transformation of the industrial site north of King’s Cross station in London, once notorious, now a pleasant enclave of offices, homes, shops, bars and boulevards, is essentially complete. It’s a huge success – and yet is there something missing?The near quarter-century, kilometre-long, 67-acre project to redevelop King’s Cross in London is a monument of its age. It is the urban embodiment of the Blair era in which it was conceived, of the third way, of th -
From welfare to warfare: Sunak’s spending shift imperils local services again
via theguardian.comCouncil budgets look a likely target when the Tory government seeks to balance the books and pay for its promisesTalking tough on “sicknote culture”, stopping the boats and offering billions of pounds extra for defence spending. Ahead of local elections in England and Wales this week, Rishi Sunak has been in campaign overdrive.With the prime minister suffering the joint-lowest satisfaction rating of any Conservative or Labour leader since 1978, experts are predicting a drubbing for t -
Sadiq Khan: leaseholders in England should have the right to withhold service charges
via theguardian.comLondon mayor says residents need a law protecting them from unfair and unexplained increases in levies by landlordsLeaseholders hit with large and unjust service charges should have the right to refuse to pay up, Sadiq Khan has said, amid concerns that the government has backed away from its promises to boost the rights of tenants.There are 1.4m leasehold properties in London, a quarter of all such properties in the country. The London mayor said that many of the residents affected were sufferin
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