The FTSE 100 is flat in afternoon trading. Among the companies with reports and trading updates today are BT, Capita, Pearson and Senior. Read the Monday 31 July Business Live blog below.
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Households across Britain face a second winter of sky-high energy bills due to a lack of gas storage facilities to prevent supply shortages.
Days after British Gas owner Centrica announced record profits of £969million, energy experts have warned the UK’s continued dependence on imports will put us at the mercy of wholesale price fluctuations.
They argue the Government has failed to ensure the country is fully prepared for a cold winter when increased demand for gas and electricity will bring
Planning for the pain of “Britain’s most hated tax” could be something to think about as more and more people are becoming exposed to hefty bills set to climb above an average of £214,000.
Of course, death and taxes are famously two constants in life that everyone has to deal with, but there are ways to mitigate some of the toll taken by the latter.
Inheritance Tax (IHT) is the HMRC tax on the estate, the property, money and possessions,
Millions of households are bracing themselves for mortgage pain as interest rates soar and monthly costs surge.
Homebuyers and homeowners looking for a new loan today face paying a rate above 6 per cent on a two-year fix — more than double average rates two years ago.
That means anyone taking out a two-year deal today on a typical £200,000 mortgage would pay an extra £65 a month compared with just four weeks ago and an extra £313 compared with
Funding retirement: Buying an annuity provides a guaranteed income until you die, but until recently they have been regarded as bad value
Annuity rates are at a 13-year high which is ‘turbo-boosting’ the amount of guaranteed income pensioners can receive in retirement, say financial experts.
For £100,000, a healthy 65-year-old can buy a single life annuity with no inflation protection at a rate of around 7 per cent, or an income of just over £7,000 a year, according to industry
The nation sighed in collective relief earlier this month when new Prime Minister Liz Truss announced an unprecedented £150billion energy support package that would see typical annual domestic energy bills frozen at £2,500 for two years.
The news will be welcomed by electric cars owners who charge vehicles at home, as they are now guaranteed cheaper running costs than if Ofgem’s energy price cap was introduced from next month.
However, electric car drivers without off-street parking and a homecharger are
More than 2.7million Britons were infected with Covid last week, official data shows amid fears swathes of the economy could be paralysed by staff sickness once again.
The Office for National Statistics (ONS) weekly infection survey found up to one in 16 people in the worst-hit parts of the country were carrying the virus in the week ending June 29 as cases rose nationally by about a fifth.
Rail operators warned they will be forced to cancel services over the
Covid cases are on the rise in some of the UK’s favourite holiday hotspots, raising concerns of travel chaos for millions this summer.
Spain, France and Germany are all logging a rise in infections, while further afield in Caribbean hotspots cases are creeping upwards.
While travellers no longer need to prove they’re Covid-free and jabbed and destinations have ushered in post pandemic era, some health chiefs have called for a return of masks. And those who test positive in Italy
Night is falling and the air is cooling. I’ve been walking in the hills in spring sunshine. So after some open-mouthed stargazing, I’ve taken root in a venerable Andalucian inn, El Padrino, with roof-beams of smoke-black sweet chestnut and a jolly barmaid who speaks not a word of English. Good for her.
It’s time to pull my upright wooden chair close to the open fire, glass of rioja in hand. This fireplace is colossal, I’ve seen smaller London apartments. The
