Business

Martin Lewis

Martin Lewis warns millions of homeowners to act now to knock £1,000 off their bills

The Bank of England has put the base rate up again, which means it’s time to take action. Those on SVTs have a month to shop around, while others on soon-to-expire fixed deals may want to start locking in a new tariff now Analysts Capital Economics expect interest rates to hit 1.25% by the end …

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Tesco customers are asking staff to stop scanning their food for first time in years

Tesco customers are asking staff to stop scanning their food for first time in years

A Tesco boss revealed that worried customers are asking check-out staff to stop scanning their shopping once their bills hit a certain limit. John Allan, the retailer’s chairman, said it was further evidence of the impact of cost-of-living pressures. Talking on BBC Radio 4’s Today show, Mr Allan said he had seen for himself how …

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Airbnb-style camping comes to UK as US giant Hipcamp buys Cool Camping | Camping holidays

The British camping brand Cool Camping has been taken over by a large US company, Hipcamp, which aims to bring its Airbnb-style model of campsite booking to the UK. From today, all 25,000 camping pitches and glamping structures on Cool Camping’s website will be listed instead on Hipcamp. Based in San Francisco, Hipcamp claims to …

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KCOM slashes social tariff to £15 a month help those battling cost of living squeeze

KCOM slashes social tariff to £15 a month help those battling cost of living squeeze

A Hull internet and phone company has announced its plans to slash its social tariff rate to help people struggling with the cost of living. KCOM will cut its Flex Tariff rate by 25% from June 1, from £19.99 to £14.99 a month. It will also move applications for the tariff online with a system …

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The Welsh seaside town where house prices have increased by 22% in a year

The Welsh seaside town where house prices have increased by 22% in a year

Since the Covid-19 pandemic started, there has been strong demand for homes in coastal areas. This demand has often outstripped supply, which has contributed to the rising asking prices experienced throughout 2021 and currently in 2022. According to online property portal Rightmove, across all seaside locations in Great Britain, asking prices are up 13.9% on …

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Euro to hit parity against the dollar within six months, Amundi says

Euro to hit parity against the dollar within six months, Amundi says

Europe’s largest asset manager is betting that the euro will fall to parity with the US dollar this year as the mounting threat of recession prevents the European Central Bank from lifting interest rates above zero. Vincent Mortier, chief investment officer at Amundi, said he expects the ECB to prioritize keeping a lid on government …

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Further 250,000 UK households face destitution in 2023, warns NIESR | Cost of living crisis

More than 250,000 households will “slide into destitution” next year, taking the total number in extreme poverty to around 1.2m, unless the government acts to help the poorest families hit by the energy price shock, according to the National Institute for Economic & Social Research (NIESR). More than 1.5m households will see the rise in …

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Private e-scooters will be legalized on UK roads but must have built-in speed limits

Private e-scooters will be legalized on UK roads but must have built-in speed limits

People who have their own electric scooters will be legally allowed to ride them on public roads for the first time under a new Transport Bill introduced in the Queen’s Speech. Existing laws only permit licensed e-scooters for hire in a number of towns and cities in the UK. Anyone with a private device is …

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Adverts for Adidas sports bras that featured women's bare breasts have been banned for being likely to cause widespread offense by the UK's Advertising Standards Authority (ASA)

Adidas sports bra adverts that showed women’s bare breasts are banned by UK ad regulator

Adverts for Adidas sports bras that featured women’s bare breasts have been banned for being likely to cause widespread offense. A tweet, posted in February, showed the breasts of 20 women of various skin colours, shapes and sizes in a grid format. In the ad, Adidas stated: ‘We believe women’s breasts in all shapes and …

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