Borrowers were granted a reprieve from overdraft rates of nearly 40 per cent at the start of April as banks were ordered by the regulator to keep costs low as the coronavirus struck. But last week the Financial Conduct Authority reopened the door to sky high overdraft charges when it said it was not extending … Read more
Saffron Building Society is offering environmentally conscientious homeowners the chance to save money on their mortgage by making their homes greener. The lender’s new retro-fit mortgage is a two-year fixed rate at 1.47 per cent with a £999 fee, available to homeowners and first-time buyers with 20 per cent or more equity to put in. … Read more
Holidays will never be cheaper, says Ryanair boss as he predicts airline will have to slash fares to recover from pandemic By James Salmon for the Daily Mail Published: 21:50 BST, 1 July 2020 | Updated: 21:50 BST, 1 July 2020 The coronavirus crisis will herald an era of ultra-cheap European holidays, says the boss … Read more
War has been declared on polluting petrol and diesel vehicles, and motorists can expect to pay more and more to keep driving them. So is it time to turn your back on fossil fuel? How much do electric cars cost to run, and could you really run out of power on the motorway? Money Mail … Read more
Microsoft may reveal cheaper and less powerful alternative to its Xbox Series X console in August Xbox may reveal a cheaper alternative to the Xbox Series X in August The console is reportedly being called the Xbox Series S The console will be cheaper but also less powerful than the Series X Xbox has still … Read more
Microsoft is still working on a cheaper and less powerful alternative to its Xbox Series X console, leaked documents show Dev kits leaked onto Twitter make reference to ‘Lockhart’ Lockhart is said to be a cheaper and less powerful Series X alternative Xbox has still yet to publicly acknowledge the console By James Pero For … Read more
Facebook employees will have the option to permanently work from home, but can expect a pay cut if they move to less expensive areas to continue the job. Facebook CEO Mark Zuckerberg announced via livestream that he expects about 50 per cent of the company’s 50,000 staffers to work remotely within the next five to … Read more
House prices have only ever been as expensive as they are now compared to wages twice in the past 120 years. That one of those occasions was at the peak of the 2000s property boom will come as no great shock, but that the other was around the start of the 20th century might be … Read more
On Thursday, President Trump insinuated that he would throw his weight behind the Florida governor’s proposed plan to help keep drug prices lower by importing medications from other countries. It might be good for prices, but with recent reports of fake foreign drugs and widespread contamination in blockbuster medications manufactured abroad, it’s not clear the … Read more
With the emergency base rate cut, a Budget and markets crashing amidst the escalating coronavirus crisis, many will be worried about how this chaos will hit their finances. In theory, mortgage holders with tracker deals and most of those on standard variable rates and discount rates should see a slight reduction in their monthly bills … Read more