More than 400,000 people will see their existing fixed deals end between July and September, a comparatively high number. Many face the prospect of having to budget for monthly repayments that are hundreds of pounds more expensive than they have become accustomed to.
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GameStop and AMC: UK trading platform IG stops new trades
admin, , Business, 0
Lots of big investment firms, such as hedge funds, had bet on GameStop to lose a lot of value,...
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Prepay energy customers disconnect over price rises
admin, , Business, 0
Energy firm Utilita has over 800,000 customers, most of them on prepayment smart meters. At the company’s headquarters in...
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BP closes some sites due to lorry driver shortage
admin, , Business, 0
“The driver shortage is a very serious issue that needs urgent government and industry action to resolve, however, we...
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Liberty Steel boss Sanjeev Gupta warns over loss-making plants
admin, , Business, 0
First, steelmaking provides highly skilled manufacturing roles, sometimes in areas where they are otherwise in short supply, commanding a...
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Rents outside London rising at fastest rate since 2008
admin, , Business, 0
Zoopla’s head of research, Grainne Gilmore, said: “The strong levels of rental demand seen across the UK during August...
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We don’t know how high energy bills will go, says boss
admin, , Business, 0
The department also pointed to schemes currently in place to help those facing high bills, such as the Warm...
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Driverless car firm Cruise to cut 900 jobs
admin, , Business, 0
In one incident from August 2023, the self-driving car hit someone at 1.4mph, while in the other incident, from...
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Sainsbury’s pressed to pay more to subcontracted workers
admin, , Business, 0
ShareAction, the group behind the campaign for a new pay policy at the supermarket, said there was a “compelling...
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