With millions of households spending much more time at home due to the coronavirus outbreak, people are inevitably going to have higher bills. Whilst this is far from ideal, there are ways to mitigate the costs and do some money-saving for future bills too. Britons could make the most of their extra time at home … Read more
British Airways pilots have opted to take a 50 per cent pay cut in April and May as the company fights for its survival amidst the coronavirus pandemic. BA employs 4,500 pilots who will take two weeks of unpaid leave each month. The reduction in their salary will be spread out over three months to … Read more
British Airways pilots have opted to take a 50 per cent pay cut in April and May as the company fights for its survival amidst the coronavirus pandemic. BA employs 4,500 pilots who will take two weeks of unpaid leave each month. The reduction in their salary will be spread out over three months to … Read more
Most mortgage lenders HAVEN’T even passed on last week’s Bank of England base rate cut to customers – we reveal the ones that did The Bank of England cut base rate twice in as many weeks, now to 0.1 per cent This means lenders can now borrow money more cheaply than ever before Despite this … Read more
Netflix will cut streaming quality of its service in Europe for next 30 days to reduce strain on net during coronavirus crisis Netflix will reduce the quality of its streaming services over the next 30 days The EU today discouraged online media platforms from streaming movies in HD Web giants have increasingly supplied film lovers … Read more
Savers set for a double-whammy as base rate is slashed to lowest ever level of 0.1%… but many banks haven’t even passed on last week’s cut yet The Bank had already cut base rate last week from 0.75% to 0.25% This rate influences banks determining mortgage and saving rates One expert says we are living … Read more
Health chiefs to spend £40million to cut ‘ridiculous’ NHS tech delays and reduce the amount of time doctors and nurses spend logging on to computers Matt Hancock said it will help deliver ‘most basic frontline technology upgrades’ Health officials hope to be able to reduce the dependence on passwords The Health Secretary pledged to banish … Read more
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
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
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