New hope for Italy as daily rate of infections and number of deaths both fall

New hope for Italy as daily rate of infections and number of deaths both fall, with 7.5 per cent rise and 683 fatalities compared to 8.2 per cent and 743 dead yesterday On Tuesday 743 people died, following 602 deaths on Monday, 650 on Sunday Saturday saw the highest daily death figures as the number … Read more

Germany sees a drop in infection rate from 21% to 15%

Germany’s rate of new coronavirus infections dropped from 21 per cent to 15 per cent today while the country’s death rate remained strikingly low.  Official figures from the Robert Koch health institute showed the total number of cases in Germany rising by 4,118 to a total of 31,554.  The death toll climbed by 35, reaching … Read more

Brits rate holiday spots for value, with Spain, Greece and Bulgaria coming top, Dubai bottom

Brits rate holiday spots around the world for value, with Spain, Greece and Bulgaria coming top and Dubai at the bottom of the ranking In a survey, 87% of UK holidaymakers voted for Spain as being good value Greece and Bulgaria came joint second on the value front, with a score of 85% The city … Read more

Double-whammy for savers as base rate is cut again to 0.1%

Savers have been handed more dire news as the Bank of England announced its second emergency cut in eight days, slashing base rate to its lowest ever level of 0.1 per cent. The move was part of a package of rescue measures to fight the economic impact of coronavirus, but will deliver a double-whammy to … Read more

Could the base rate cut usher in a wave of cheaper fixed-rate mortgages?

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

Banks withdraw savings accounts after base rate is cut to record low

Banks withdraw savings accounts after base rate is slashed to a joint record low of 0.25% By Fiona Parker For The Daily Mail Published: 21:51 GMT, 13 March 2020 | Updated: 21:59 GMT, 13 March 2020 Banks and building societies have rushed to pull more than 25 savings accounts, dealing another blow to long-suffering savers. … Read more

The Budget, the base rate cut and the stock market crash: This is Money podcast

We publish our podcast every Friday to the player on This is Money, above, and on Apple Podcasts (iTunes) and on the podcast platforms Audioboom and Acast, both of which allow you to listen on desktop, mobile, or download an app. We also now publish to Spotify. To download the Apple Podcasts app if you … Read more

Best savings rates: Top deals go up in smoke after Bank of England base rate cut

Banks and building societies have already started slashing rates on some of the best savings deals, just two days after the Bank of England announced an emergency base rate cut to 0.25 per cent. Three of the seven highest-paying easy-access accounts have either been pulled from sale or seen their rates cut, while some of … Read more

Millions of first generation smart meters fitted last year as rate of installations drops 

Revealed: Millions of ‘dumb’ first generation smart meters were fitted last year as overall installation rates drop 12% Of the 4.5m meters installed, 1.5m were still first generation devices  These figures do not count towards supplier’s official targets  The number of installations has also dropped since 2018  By Grace Gausden For This Is Money Published: … Read more