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I had £20,000 stolen and had to fight a 13-month fraud reporting rule to get it back
Posted onIt states, among other things, that victims of push payment scams should be reimbursed within five working days, up to a value of £85,000 but that banks and payment service providers must be told within 13 months of the date of the last payment being made.
Families skipping meals during school holidays, warns charity
Posted onFamilies are skipping meals to make ends meet during the school holidays, a charity has warned. FareShare Sussex & Surrey says some parents are facing extra food costs as children cannot access free school meals over the summer break. Dan Slatter, chief executive of the charity, told the BBC there was a “mountain of need….
British Gas boss says energy bills rise inescapable if prices stay high
Posted onThe discussion of ways to mitigate any energy price rises came after the government’s cost-of-living tzar, Lord Walker, who is also chief executive of supermarket chain Iceland, suggested in the Sunday Times that energy companies and petrol stations should have their profits temporarily capped as oil prices jump.
Mortgage rates rise and deals pulled over Iran war turmoil
Posted on“It’s unwelcome news for borrowers, as the prospect of falling mortgage rates has quickly given way to rate rises,” he said, adding: “How far they could go is now heavily dependent on how global markets and inflation expectations evolve as conflict in the Middle East unfolds.”
G7 to release 100 million barrels of oil and diesel after Trump export ban threat
Posted onThe G7 has agreed to release 100 million barrels of oil and diesel in a bid to ease supply pressures that have caused prices to skyrocket. The group of advanced economies, including the US, said the move would include a “substantial release” of diesel in the coming days. President Donald Trump had threatened to ban…
