News
How to stop a stock market crash ruining YOUR retirement
4+ hour, 1+ min ago (1267+ words) Stock market crashes are painful for all investors " but they are particularly vicious when they hit you at the point of retirement. So when Bank of England deputy governor Sarah Breeden said recently that visions of a collapse are giving…...
Should you worry about jet fuel shortages? This is Money podcast
1+ day, 14+ hour ago (275+ words) By THIS IS MONEY With millions of seats being cut from flights worldwide, it's safe to say many Britons may be worried about future travel plans - or are being put off booking holidays altogether. The Middle East conflict has pushed…...
How savers could be "275 WORSE off due to Trumpflation
1+ day, 16+ hour ago (748+ words) By JAMIE BOYS, REPORTER Savers have been warned that 'Trumpflation' could erode the value of their rainy day fund by "275, as rising oil prices mean'inflation'could surpass interest rate rises.' The Bank of England published three hypothetical 'stress test' scenarios this…...
The food items you should buy before prices surge, according to expert
2+ day, 17+ hour ago (1059+ words) By RUTH STAINER, REPORTER A savings expert who has warned Britons to 'stock up' on key household items amid rising food prices due to the'war in the Middle East has revealed what's best to buy now - and what to leave…...
Building firms shed jobs as construction hit by cost surge
2+ day, 17+ hour ago (554+ words) British builders saw one of the biggest month-on-month jumps in costs on record in April, according to new data." The war in Iran has also increased delays in the delivery of building materials and caused supply chain difficulties for many…...
Why economic experts will watch today's election with trepidation
3+ day, 4+ hour ago (1134+ words) By ALEX BRUMMER, CITY EDITOR Rachel Reeves never tires of blaming the former Tory prime minister Liz Truss for "crashing" the British economy. If anyone dares mention the Chancellor"s own failings " and the foolhardy consequences of her high tax…...
UK jobs cull alert as minister warns on Trump's Middle East crisis
3+ day, 17+ hour ago (593+ words) Brits were put on high alert for jobs cull today as a Cabinet minister warned the Middle East chaos will batter the economy. Work and Pensions Secretary Pat Mc Fadden said the ongoing closure of the Strait of Hormuz - through…...
Home owners warned of "3, 000 rise in mortgage costs
4+ day, 5+ hour ago (484+ words) Home owners could face a 'devastating' increase of more than "3, 000 in their annual mortgage bills thanks to 'Trumpflation', new analysis shows. The study sets out the impact of a worst-case scenario in which oil prices remain sky-high as as result…...
UK borrowing costs at 28-year high amid fears of Labour lurch to left
4+ day, 6+ hour ago (768+ words) UK borrowing costs spiked to a 28-year high yesterday as fears of a Labour Left-wing coup spooked bond markets. Investors dumped UK bonds as leadership speculation grew ahead of tomorrow's local elections. A trouncing for Labour will stoke fears of…...
Food prices have soared 50% in 5 years as cost-of-living crisis bites
6+ day, 5+ hour ago (347+ words) By ISABELLA MACHIN, REPORTER Analysis suggests that the 'grim milestone', expected to be reached in November, will match the price rises in food seen in the 20 years prior to 2021 " the start of the cost-of-living crisis. Extreme weather driven by climate…...