CashNews.co Markets shaken by Trump post – as Luton closure set to have major consequences | What you need to know this week By Jimmy Rice, Money blog editor A single post from Donald Trump shook markets this week. The president-elect used his Truth Social account to declare that he would introduce a 25% tax on […]
CashNews.co The UK has increased its contribution to the World Bank, in a move that will boost prospects for climate finance. Next week, at a meeting in Seoul of the International Development Association (IDA) – the body that funds the World Bank’s support for low-income countries – the UK will put forward £1.98bn in funding […]
CashNews.co At COP29 in Azerbaijan, a global climate finance goal needed to be agreed to meaningfully provide the finance needed by developing countries to address the climate emergency not of their making. While countries and communities continue to pay the price of climate change with their lives, livelihoods, homes, and children’s futures, provision of finance […]
CashNews.co Christmas shoppers using a Sainsbury’s Nectar Card could be left facing a potential additional spend of £171.24 over the course eof a year compered to a rival supermarket. As Christmas food shopping begins to ramp up, festive shoppers using their Sainsbury’s Nectar Cards could find themselves paying an extra £171.24 per year compared to […]
CashNews.co Research from the Green Finance Institute (GFI) has found that replicating successful international approaches to retrofit finance could potentially reduce bills in 675,000 UK homes each year. The analysis, titled ‘Unsecured Green Home Loans: Consumer Protection and Scale in International Markets,’ highlighted how international practices can help drive demand for energy efficiency in the […]
CashNews.co Octopus Energy says customers can get up to £65 back on their energy bills by making a four minute change. The energy supplier has said making a simple switch to your shower habits can actually result in big savings. According to the firm, limiting your shower time to just four minutes per day can […]
CashNews.co Claims for pension credit have soared by almost 150% since the Government announced plans to means-test the winter fuel payment, figures show. But just 42,500 applications have been approved over the same period – less than 5% of the 880,000 people the Government said were missing out on the benefit in July. Some 150,000 […]
CashNews.co Lifetime mortgages saw a sharp decline, with 5,830 loans advanced in Q3, down 18.8% year-on-year. The total value of this lending fell by 8.9% to £510 million. In contrast, retirement interest-only (RIO) mortgages experienced modest growth. A total of 306 RIO loans were advanced during the quarter, up 0.3% year-on-year. The value of RIO […]
CashNews.co Image source: Getty Images Recent FTSE 100 (^FTSE) volatility has offered me plenty of opportunities to buy cheap shares, but one thing has held me back. A lack of readies. I love hunting around for bargain stocks but it’s not as much fun if I don’t have the cash in my account to buy […]
CashNews.co Luton MPs expressed their dismay at Stellantis’s (STLA) “callous decision” to close its van-making plant in the town, putting 1,100 jobs at risk. The Telegraph rounded up some of the commentary: Rachel Hopkins, the Labour MP for Luton South and South Bedfordshire, said: “I refer to my registered interests as a trade union member, […]