Breaking news
Hundreds of thousands of savers face a retirement income lottery as providers are poised to put their pension pots into a hotchpotch of ‘one-size-fits-all’ investment funds. From tomorrow, over-55s who dip into their pension for the first time without getting financial advice – and who have not indicated a wish to manage their pension fund … Read more
A hedge fund tied to a British billionaire who was caught on camera last year bragging about his wealth has been fined $170 million for lying to investors. Hedge-fund manager 52-year-old Michael Platt who co-founded BlueCrest Capital Management and who is estimated to be worth $8 billion, boasted to a New York taxi driver last … Read more
While most of the teams on The Block have been struggling financially, consecutive wins for Jimmy and Tam mean the Queensland couple is cashed-up. With $60,860 in their kitty, and $35,860 of that coming from prize money, Jimmy and Tam revealed they don’t feel sorry for the other cash-strapped teams. ‘You signed up. You signed … Read more
Boris Johnson has ordered diplomats to launch a new drive against Chinese ‘expansionism’ after Beijing was accused of placing pressure on Barbados to remove the Queen as its head of state. The island is one of dozens of countries which form part of China’s ‘Belt and Road Initiative’, under which Beijing lends money to poorer … Read more
Parts of northern England could be in the midst of a coronavirus endemic, according to leaked Public Health England documents. The analysis claims areas in north-west England where local lockdowns have been put in force – including Bolton, Manchester and Rochdale – ‘never really left the epidemic phase’. It says 90 per cent of Greater Manchester … Read more
Key statistics in this year’s A-level results The proportion of candidates receiving top grades is the highest on record. A total of 27.9% of entrants scored either an A or A*, up from 25.5% in 2019. Some 9.0% of entrants received an A*. This is another record high, and is up from 7.8% last year. … Read more
For generations, Americans’ of reasoning and memory – known as cognitive function – got better and better, until the baby boomers came along, new research suggests. Data on more than 30,000 people spanning six generations reveals that early- and mid-baby boomers, who were born between 1948 and 1959, show more signs of mental decline than … Read more
More than 50 unemployed people are chasing every vacancy in parts of Britain with the worst-hit areas including two boroughs of London, a study suggests. Researchers found the most-affected parts of the UK cover 11 local authorities, and include Brent, Barking and Dagenham, Broxtowe, Bolsover, Rhondda and Telford. Former industrial and inner city areas are … Read more
Credit card interest rates hit a record high this month despite a record low base rate as providers hiked the cost of borrowing for those with poor credit histories or turned down by mainstream banks. The average credit card purchase APR now stands at 25.5 per cent, up from 24.1 per cent last June, after … Read more
Coronavirus lockdowns are worsening child obesity due to less physical activity and poorer diets, including increased intake of crisps, red meat and sugary drinks. US researchers found obese kids in Italy ate more junk food and watched more TV at the expense of physical activity during the Covid-19 social distancing measures. Compared with this time … Read more