Talk about a captive market.
The Old Forge on the Knoydart peninsula in Scotland enjoys complete dominance of the local pub trade – because it’s the sole boozer in the village of Inverie on the shore of Loch Nevis. And there are no roads in or out.
The pub is the most remote in mainland Britain, with Inverie – population not much more than 100 – accessible only by a 40km (24-mile) hike over notoriously wild, mountainous terrain or a
A British boy who said he was ‘kidnapped’ and taken to a ‘spiritual commune’ by his mother and grandfather six years ago reportedly told the man who found him after a four-day hike across a French mountain range that his mum ‘was a little crazy’.
Alex Batty, from Oldham, Lancashire, was just 11 when he did not return from a holiday to Spain with his mother Melanie, then 37, and grandfather David, then 58, in 2017. His grandmother and legal
Der National Take A Hike Day am 17. November soll die Briten dazu ermutigen, rauszugehen und einige der atemberaubenden Naturwege zu genießen, die das Land zu bieten hat.
Anlässlich dieses besonderen Anlasses stellte der Outdoor-Reiseanbieter Inghams seinen Trail Etiquette Report vor, der wichtige Gehregeln und Etikette beleuchtet, die Wanderer vor Beginn ihrer Abenteuer unbedingt beherzigen müssen.
Der Bericht stellt nicht nur zeitlose Wanderwege vor, sondern befasst sich auch mit praktischen Erkenntnissen und geht auf wichtige Überlegungen wie die Vorfahrtsdynamik von
This will be brilliant news more than 12 million retirees who depend on the state pension for some or even all of their retirement income. Yet it could also hand more ammunition to long-term clinics of the triple lock mechanism, who claim it is unaffordable.
The triple lock, introduced by the coalition government in 2010, has boosted the incomes of millions of pensioners. It does this by increasing the state pension every year by inflation, earnings or 2.5 percent, whichever
The BoE has hiked interest rates for 14 meetings in a row since December 2021, and last week’s increase lifted bank rate from five percent to 5.25 percent. While this is a nightmare for millions of Britons with unpaid mortgage debt, it has been a boon for savers.
Today they can lock into fixed rates of more than six percent a year from a string of market-leading savings accounts.
However, this is still below inflation, which stood at 7.9 percent
Santander has become the first high street bank to shield homeowners from mortgage rate increases while boosting rates for savers.
The Bank of England hiked interest rates on Thursday, adding an average of £612 a year to mortgage payments as lenders increased their standard variable rates (SVRs).
But unlike its competitors, Santander has announced it will hold its SVRs at 7.5 per cent, rather than match the Bank’s 0.25 percentage point uplift.
Skipton Building Society has also made a stand
A critic has hit out at the Bank of England for raising interest rates again today as inflation falls.
Samuel Mather-Holgate, from Mather & Murray Financial, said: “Increasing rates, knowing the last rises haven’t been felt yet, and whilst inflation is falling, is absolute lunacy.
“Only one member of the Monetary Policy Committee wanted to maintain its previous level and they should be applauded.
“This further rise will add misery to homeowners and those with business finance. An already lifeless
Five savings providers have announced they are upping easy-access deals following the Bank of England’s base rate hike.
Skipton Building Society and Nationwide Building Society are among those upping their variable rates in response to the Bank of England adding 0.25 percentage points on to base rate to take it to 5.25 per cent earlier today.
HSBC has boosted rates on its easy-access accounts, Isas and children’s accounts, while First Direct bank has also upped rates across its easy access
The Bank of England is “walking a tightrope” and may tip Britain into recession thanks to its interest rate rises, an investment expert has said.
Threadneedle Street today (August 3) decided to increase its base rate from 5 percent to 5.25 per cent, marking its 14th rate increase in a row. The Bank also said it expects the Government to meet its promise to halve inflation by the end of the year.
Bank Governor Andrew Bailey said: “Inflation is falling
While anticipation of further Base Rate hikes grows, mortgage market volatility remains, fueling concerns among homeowners about the extent to which their monthly repayments could rise again this year.
The Bank of England’s Monetary Policy Committee (MPC) has increased the Base Rate 13 times since the start of last year, bringing it to a 15-year high of five percent.
On Thursday, August 3, the MPC will meet again and as per estimations by market analysts, may increase the Base Rate
