The rich get RICHER during lockdown: Nearly two million UK households are set to emerge from restrictions better off after saving cash by not spending while poorest face ‘tsunami’ of debts Those with income less than £30,000 are more likely to have borrowed money Combination of rising bills and closure of foodbanks cited as reasons … Read more
Energy customers could be in debt by £94 per household by the end of this summer – leading to a £2.6billion debt nationwide, new research has revealed. The ‘surprise’ debt will be accrued by the number of households using more energy during lockdown, according to analysis by Energy Helpline. Households are thought to be using … Read more
Two households could be allowed to meet up from next week, under Boris Johnson’s plans for easing lockdown. Ministers are said to have parked proposals for people to be able to mix in social ‘bubbles’ after expert modelling suggested it could lead to a spike in coronavirus. They are instead considering a plan which would … Read more
Family of ELEVEN from three different households are caught on 120-mile day trip from Manchester to Wales during coronavirus lockdown A family of 11 were caught on a 120-mile trip from Manchester to North Wales Police stopped the three-car convoy at South Stack on Anglesey on Sunday Local police slammed the decision to flout lockdown rules … Read more
CEO Ali Rafi co-founded the bgX app with Paria Ghorashi A delivery app, initially created to service the beauty industry, has been adapted to deliver essential pharmaceuticals during lockdown and to help the most vulnerable. The founder of bgX claims the app – which he describes as the ‘Deliveroo of medicine’ – could also be … Read more
British homes in lockdown are using 41 hours of internet a week, or nearly six hours a day – a rise of 29 per cent, according to a new survey. Comparison site Uswitch said a sizeable rise in internet usage since lockdown started has been driven by home working, video calls and gaming. Internet consumption for home … Read more
A new study is being launched by the Government to track the spread of coronavirus in the population and get a full picture of the number of infections. It is hoped the research will help scientists understand the current rate of infection in the UK and how many people have developed antibodies to the virus. Some … Read more
British households will have £43bn less to spend on essentials in second quarter of this year as coronavirus pandemic squeezes family finances By Daily Mail City & Finance Reporter Published: 00:01 BST, 20 April 2020 | Updated: 00:01 BST, 20 April 2020 British households will have £43 billion less to spend on essentials in the … Read more
Only a third of people in low income household with consumer debt have enough spare cash for an emergency, a new study has found. The Resolution Foundation says that consumer debt among poorer households has risen the fastest among any income group, with the proportion rising by nine percentage points. This group has become more exposed … Read more
Energy firms owe £1.7bn to millions of households which have overpaid for their energy By Money Mail Reporter For The Daily Mail Published: 22:01 BST, 14 April 2020 | Updated: 22:01 BST, 14 April 2020 One in ten energy customers could be due a rebate of more than £200 MIillions of households are owed around … Read more