Over 50,000 people have signed GB News’ Don’t Kill Cash campaign in just 24 hours as the People’s Channel continues to fight to keep money in your pocket. As the UK creeps towards a cashless society, eager to protect vulnerable Britons who rely on cash and are increasingly being left behind. ** DON’T KILL MONEY … Read more
By Faarea Masud & Lucy Hooker Business journalist 4 July 2023, 09:01 WIB Updated 52 minutes ago image source, Getty’s image The typical five-year fixed mortgage agreement now has an interest rate of just over 6%. It comes after the Bank of England raised interest rates to a 15-year high of 5% last month, as … Read more
Receive free Jim Ratcliffe updates We’ll send you one myFT Daily Digest latest roundup email Jim Ratcliffe news every morning. Sir Jim Ratcliffe, owner of chemicals giant Ineos, accused Britain’s competition regulator of becoming “increasingly hostile to business” after blocking purchases of assets sold by the Swiss group. Ratcliffe said the Competition and Markets Authority’s … Read more
By Michael Race Business journalist, BBC News July 4, 2023 image source, Getty’s image Gas stations and retailers have “pocketed” the profits from the 5p fuel price cut, claims the Chair of the Financial Selection Committee. Conservative MP Harriett Baldwin accused the retailer of not passing on tax deductions to drivers. Fuel duties were cut … Read more
By Michael Race Business journalist, BBC News July 3, 2023 Updated 6 minutes ago image source, Getty’s image The bank’s chief executive has been summoned by Britain’s comptroller to address concerns that savings rates are not rising as fast as mortgages. Bosses at Lloyds, HSBC, NatWest and Barclays will meet with the Financial Conduct Authority … Read more
The FTSE 100 was little changed, up 2 points Dunelm fell after RBC was relegated to poor form Homebuilders tumbled as JP Morgan cut its price target 9:28 a.m.: Five-year fixed mortgages top 6% as the pressure continues Mortgage continued to climb higher with the average 5-year residential mortgage rate hitting … Read more
Angry locals living in the West’s most picturesque village have decried “inconsiderate tourists” and the continued use of drones. Castle Combe, 30 minutes from Bristol, offers scenic walking routes and quaint old streets, untouched by time. This picturesque village is popular with tourists and has been used as a filming location for blockbusters such as … Read more
By Michael Race Business journalist, BBC News 3 July 2023, 22:24 WIB Updated 47 minutes ago image source, Getty’s image The bank’s chief executive has been summoned by Britain’s comptroller to address concerns that savings rates are not rising as fast as mortgages. Bosses at Lloyds, HSBC, NatWest and Barclays will meet with the Financial … Read more
Tourists scheduled to fly to Portugal are ‘disgusted’ with the airline’s treatment And while the airline has since apologized, passengers were left to tally up the cost of Friday night’s canceled flight, with easyJet so far refusing compensation citing “exceptional circumstances” beyond their control. It is understood that flights from Belfast International Airport were initially … Read more
China imposed export restrictions on two elements used in semiconductors and other electronic components, a move likely to be seen as a calculated response to Western restrictions on sales of chips and their production technology to the Middle Kingdom. China’s Ministry of Commerce issued a statement announcing that Beijing had decided to impose export controls … Read more
It’s been a few weeks since the chaos on Twitter escalated to noteworthy levels, but that changed this weekend when owner and CTO Elon Musk announced the imposition of a limit on how many tweets users can view each day. It started on the afternoon of Saturday, July 1 with a tweet from Musk who … Read more
Receive free Carillion PLC updates We’ll send you one myFT Daily Digest latest roundup email Carillion PLC news every morning. Carillion’s former chief financial officer has been barred from holding the company’s directorship for more than a decade, marking the first boardroom ban for an executive at a construction company that collapsed. Zafar Khan, who … Read more