Best savings accounts of the week: Brits called to ‘check out’ deals as 7% interest rate was up for grabs

Bank customers are reminded to ‘watch’ the interest rates on their savings accounts. Experts from Moneyfactscompare have put together a list of the best savings accounts for this week. The Bank of England’s base rate has held rates at a 16-year high since it was raised to 5.25 percent last August GB NEWS Rachel Springall, … Read more

Investors withdraw money from ESG funds when performance lags

Global investors are turning away from sustainable-oriented stock funds as poor performance, scandals and attacks from US Republicans increase enthusiasm for a much-hyped sector that has raked in trillions of dollars in assets. According to research from Barclays, clients have withdrawn a net $40 billion from environmental, social and governance (ESG) equity funds this year. … Read more

Automakers warn that heavily reduced EV prices to boost demand are ‘unsustainable’ as private sales fall again in May

Automakers say current discounts offered on EVs to boost demand are 'unsustainable' as they - again - called on the government to step in with new incentives in the wake of slumping private sales

Carmakers have warned that their “attractive offers” on electric vehicles, aimed at boosting falling demand, are “unsustainable” and said the next government must step in to boost private sales. It comes as sales of electric vehicles to the general public fell by a further 2 percent in May, despite brands offering significant discounts in showrooms. … Read more

From micro-cheating to money: seven relationship crunch points to watch out for

Everyone has different boundaries about what is acceptable. It always amazes me that couples never discuss what they think crosses a line until there is a problem. One person thinks it’s fine to send a “kiss” emoji to an old flame, but their partner sees it as “leaving the door open” or not being fully … Read more

Private capital has raised more money than it has generated

Stay informed with free updates Simply log in to the Financial services myFT Digest – delivered straight to your inbox. Earlier this week, MainFT reported that hedge funds are complaining that their fundraising efforts have been hurt by the amount of money investors have locked up in private equity funds – which pay no returns. … Read more

Ring postpones release of brand new security camera due to ‘production delay’

All products are independently selected by our experts. To help us provide free, unbiased advice, we earn an affiliate commission when you purchase something. Click here to learn more The launch of a next-generation security camera from Ring has been postponed in Britain. The delay was apparently caused by an issue in the manufacturing process, … Read more

NS&I quietly increases the interest on savings accounts

National Savings and Investments (NS&I) has increased interest rates on its Direct Saver and Income Bonds accounts and launched a new issue of their UK savings bonds. With the Bank of England’s base rate expected to remain at its current level of 5.25 percent for a little longer, savers can still benefit from high interest … Read more

Martin Lewis explains whether this is a ‘strong moment to set energy rates as the cheapest deal that is 9% below the price cap

Martin Lewis has explained whether he thinks it is worth the British waiting until July to focus their energy. Over the past two years, fixed energy rates have not been competitive, but with Ofgem’s energy price cap set to rise this autumn, many people may be wondering if now is the best time to fix … Read more

BBC divides viewers with controversial guest over money fight

BBC News at Six has left viewers confused after an Apprentice finalist appeared on the show to discuss how he was affected by the inflation figures. Reporters visited East Sussex to talk to ordinary families about how inflation has affected their finances. While the figure has fallen to a three-year low (2.3 percent), families across … Read more

Hacker ordered to pay Nintendo 25-30% of his salary for the rest of his life and says getting caught was a ‘blessing’

Hacker ordered to pay Nintendo 25-30% of his salary for the rest of his life says getting caught was a 'blessing'

A hacker who was ordered to pay Nintendo 25 to 30 percent of his salary for the rest of his life has said that getting caught was actually a “blessing.” It was March 2023 when Gary Bowser – yes, just like the Mario character – was released from prison for the role he played in … Read more