CashNews.co By Lindsay Dunsmuir and Ann Saphir (Reuters) – The Federal Reserve is set to cut U.S. short-term borrowing costs on Wednesday, a watershed moment that should start to ease some of the financial pressures everyday consumers have felt over the two and a half years that the central bank has battled with high inflation. […]
UK rental prices rise four times higher than inflation #UKFinance
CashNews.co UK private rents climbed at a near-record rate to 8.4% in the year to August, with London leading the surge, according to official figures. The increase in private rents is almost four times that of inflation, which rose 2.2% in August, figures from the Office for National Statistics (ONS) showed. In August, the average […]
1 wonderful FTSE 100 stock Iād love to buy #UKFinance
CashNews.co Image source: Getty Images FTSE 100 incumbent RELAX (LSE: REL) is one stock Iād love to buy when I have some free funds to invest. Let me explain why! Data king Iād agree with those willing to argue that RELX probably isnāt a household name. It doesnāt have the same pull as other popular […]
Premium Bonds customers awaiting prize cheque letter told fill in form | Personal Finance | Finance #UKFinance
CashNews.co Premium Bonds savers facing delays in receiving their prize cheques have been instructed to fill in an NS&I form. A customer got in touch with NS&I after they had been waiting four months for their cheque to arrive in the post. The saver asked: “Prize cheques from May not received. I have written and […]
HMRC scam warning after taxpayers targeted with fake Royal Mail email | Personal Finance | Finance #UKFinance
CashNews.co HMRC has issued a warning to taxpayers after reports of a scam email purportedly from Royal Mail. A worried customer contacted the group over X sharing a screengrab of an email they had received. They said: “Iāve received an email saying Royal Mail tried to deliver a large letter from HMRC but couldnāt. Please […]
Why quiet quitting is about bad bosses, not laziness #UKFinance
CashNews.co Giving your all to a job is becoming less common, especially among workers below the age of 35. This phenomenon has been given a catchy name ā quiet quitting ā which describes the increasing number of workers feeling dissatisfied and disengaged with work. But contrary to popular opinion, doing the bare minimum to stay […]
What we’re expecting to see in the autumn budget #UKFinance
CashNews.co If all the budget speculation is making you feel anxious, unfortunately weāre only halfway through the enormous notice period Rachel Reeves gave us, so thereās plenty more to come. To protect yourself from getting overwhelmed, itās worth focusing on five of the most common rumours so far, and how you can protect yourself from […]
New cash rules for customers at 14 banks including HSBC, Barclays, Lloyds | Personal Finance | Finance #UKFinance
CashNews.co Customers and small businesses are poised to reap the benefits of new regulations set to be implemented tomorrow (Wednesday, September 18). The Financial Conduct Authority (FCA) is introducing rules that will compel banks and building societies to assess whether local communities have sufficient access to cash services. If a community is found wanting, banks […]
UK tech faces talent exodus if founders are penalised by tax hikes #UKFinance
CashNews.co With just weeks to go before Rachel Reeves takes to the despatch box, UK tech leaders are making a final push to influence Labourās plans. Prime Minister Keir Starmer has promised that Chancellor Rachel Reevesā first Budget will prioritise economic growth and wealth creation. But moves to hike taxes that will hurt Britainās entrepreneurs […]
UK calls for “ambition” on COP29 climate finance goal but won’t talk numbers #UKFinance
CashNews.co The UKās new foreign minister, David Lammy, says Global North rhetoric on climate action must be matched by funding but stays silent on the size of a new global finance goal Britainās new foreign minister has called on governments to set an āambitiousā new goal for climate finance to help developing countries at the […]