House prices suffer biggest drop since February 2009, says Nationwide

The average house price across the UK suffered its biggest drop for more than 11 years in May, a leading index revealed today – with one leading estate agent calling the numbers a ‘car crash’. In May, the average cost of a home fell by 1.7 per cent month-on-month, marking the sharpest decline since the … Read more

Premium Bonds jackpot winner secures 7,000% return on February investment

Not a bad coronavirus punt: Saver grabs a 7,000% return after scooping £1m Premium Bonds jackpot from a February 2020 investment A Stoke-on-Trent saver turned a £14,000 investment into the £1m jackpot The visit from Agent Million means they secured a 7,042% return Over the same period putting the money in UK stocks could have … Read more

Coronavirus was spreading ‘cryptically’ in the US by early February, CDC data reveals  

Coronavirus was spreading ‘cryptically’ in the US by early February, CDC data reveals A CDC analysis of flu-like illnesses and post-mortem testing for coronavirus found that the first US coronavirus death happened on February 6  The person had not traveled out of the country in the weeks preceding their death, suggesting they caught it in their … Read more

Ministers ‘were warned of sustained coronavirus transmission’ in February

Ministers were reportedly warned of sustained coronavirus transmission of Covid-19 in the UK two weeks before they told care homes it was ‘very unlikely’ residents would be infected. The Scientific Pandemic Influenza Modelling committee (SPI-M) released a statement on February 10 which stated that there was a ‘realistic probability’ that there is already a ‘sustained … Read more

Smartphone sales tumbled 38 percent in February after coronavirus spreads around the globe

Smartphone shipments tumbled 38 percent in February, the biggest single month decline in the industry’s history – driven by factory shutdowns in Asia and growing consumer anxiety about the coronavirus pandemic Smartphone makers shipped 37 million fewer units in February 2020 than 2019 The 38 percent decline was the biggest single month fall in history … Read more

Car sales fall in February despite huge increase in demand for EVs

Registrations of cars in February fell 2.9 per cent, the automotive industry has revealed today, thanks – in part – to confusion over whether to buy petrol, diesel, hybrids or electric.  Some 79,594 new cars were bought in February compared with 81,969 during the same month in 2019, according to the Society of Motor Manufacturers … Read more

HMRC error delays February Lifetime Isa bonuses of as much as £1,000

Lifetime Isa customers see delay on February bonus payments of up to £1,000 due to taxman glitch EXCLUSIVE: A blunder means that first-time buyers may be left without £1,000  Each month Lifetime Isa holders receive a 25% bonus on their monthly savings They can earn up to £1,000 on £4,000 of savings every tax year … Read more

California suffers its driest February in 150 YEARS which is causing droughts and wildfires

While parts of the world are experiencing a wet February, areas in California are ‘bone dry’. San Francisco and most of the northern state have received just sprinkles to no rain in what is usually its wettest month of the year – a first in 150 years of recorded history. Now, a new map from … Read more