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
EastEnders has announced that filming has been suspended amid the coronavirus pandemic. A spokesperson for the soap confirmed that along with production being suspended, the soap will also cut it’s weekly number of episodes to just two a week, in a bid to spread out their film episodes. Production on the UK’s biggest soaps has … Read more
Social distancing of the entire US population, isolation of anyone infected with coronavirus and quarantines for their household members may be the only way to stem the pandemic – and these measures may need to be in place for 18 months, a new study suggests. Researchers at Imperial College London say that if the whole … Read more
Pressure grows on Britain’s fuel retailers to cut petrol and diesel prices as collapse in global oil price amid coronavirus demand slump should mean 10p off a litre at the pumps The price of oil has collapsed dramatically from beginning of March to last week This should mean significant reduction in fuel cost according to … Read more
States implement closures of bars and restaurants California: Effective immediately Gov Gavin Newsom called for the closure of all bars and advised restaurants to cut seating capacity by 50 per cent. Ohio: Effective March 15-Indefinitely The order will shut down all in-person dining, but restaurants and bars will still offer carryout and delivery. Illinois: Effective … Read more
Aramco to cut spending by 25% as oil prices plummet – but it will still fork out £3.2bn in dividends Saudi Aramco racked up costs of almost £27bn last year, but could cut to £20bn The state-backed energy giant went public in December in the biggest ever float It will pay £3.2bn in dividends for … Read more
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
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
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
Banking giants Santander, Lloyds and Halifax have moved their rates to help mortgage borrowers by passing on the full Bank of England 0.5 per cent interest rate cut. Outgoing governor Mark Carney gave his response to the coronavirus crisis as he unveiled an emergency package to stave off recession. The central bank slashed interest rates from … Read more