One pensioner is at risk of losing around £100,000 due to a “devastating” deal with her bank, according to her son. Steven Hutchinson, 62, from Kimberley in Nottinghamshire is speaking out about the impact of shared appreciation mortgages (SAM) on his 88-year-old mother, Beryl. SAMs are mortgage deals which involve the bank or lender agreeing to receive some or all […]
Read moreVirgin Atlantic on Tuesday made a historic flight across the Atlantic marking the world’s first flight on the route by a commercial airline using 100 percent green fuels. The New York JFK-bound Boeing 787, powered by Rolls-Royce Trent 1000 engines, took off from London’s Heathrow airport Tuesday morning. Shai Weiss, Chief Executive Officer of the British airline, said this pioneer […]
Read morePersistently high energy bill costs have widened the fuel poverty gap by as much as 45 percent since 2020, a new study shows. Heating solution experts, SNUGEL, found that despite UK energy caps and improvement in energy efficiency, the median fuel poverty gap in homes that are considered ‘fuel poor’ increased from £233 in 2020 to £338 in 2022. The […]
Read moreThe United States has announced its latest military assistance package to help Ukraine meet its immediate battlefield needs against Russia. The new security assistance package, worth $100 million of arms and equipment, was announced by Secretary of Defense Lloyd J. Austin using previously authorized presidential draw down authorities. Austin met with Ukrainian President Volodymyr Zelenskyy and Defense Minister Rustem Umerov […]
Read moreIn the winter months mould is a problem in many UK homes. One of the most common causes of mould in the home is condensation which occurs when warm, damp air collides with cold surfaces such as windows. However, it can also grow due to leaky pipes, windows and roofs or rising damp among other problems. If not dealt with […]
Read morePresident Joe Biden called former First Lady Rosalynn Carter a champion for women’s rights. “Throughout her incredible life as First Lady of Georgia and the First Lady of the United States, Rosalynn did so much to address many of society’s greatest needs. She was a champion for equal rights and opportunities for women and girls; an advocate for mental health […]
Read moreSave articles for later Add articles to your saved list and come back to them any time. Supermarket group Aldi will not enter the bulk-buy space as competition heats up among supermarkets to offer lower prices in a cost-of-living crisis. Aldi managing director Jordan Lack said the German chain was on average 15-20 per cent cheaper than dominant competitors Coles […]
Read moreThe Lords Economic Affairs Committee also said a “democratic deficit” had opened up as the Bank had not been adequately scrutinised. But its report concluded that the Bank’s independence from the Government, which was put in place a quarter of a century ago, has worked well and strengthened economic confidence in the UK. The wide-ranging report instead recommended smaller changes […]
Read moreThis is despite the fact that total FDI into India has fallen by 22 per cent from $58 billion in FY22 to $46 billion in FY23. India’s share gain of foreign direct investment (FDI) has been larger compared to competing countries in the region over the years, even though it has seen a fall in overall FDI in the financial […]
Read moreHodge Bank has increased the interest rate on its three-year fixed savings account to 5.39 percent, earning a Moneyfactscompare “excellent” rating. With interest rates fluctuating, fixed savers can offer some certainty to saving as these accounts enable customers to lock in the rate at the time of opening. Commenting on the deal, Caitlyn Eastell, a spokesperson at Moneyfactscompare.co.uk, said: “Hodge […]
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