MPs press Treasury to abandon ‘absurd’ inflation measure | Business – Business Article

The government is coming under intense pressure to either abandon or fix the “grossly unfair” retail prices index inflation measure, which MPs say is penalising students and rail passengers. In a rare combined letter from parliamentarians in the House of Commons and the House of Lords, RPI was described as “absurd” and its continued use was labelled “a ridiculous merry-go-round”. In the letter sent to the head of the UK Statistics Authority, John Pullinger, the House of Commons Treasury select…

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Calls for regulator to ensure access to cash after bank IT failures | Business – Business Article

The government is facing calls for a new regulator to protect consumers’ access to cash, following several bank IT failures and thousands of cash machine and branch closures across the UK. The consumer group Which? said cash is still a necessity for more than 25 million people in the UK. It also noted the combined closures of cash machines and branches have left people struggling to pay for essential goods and services. The charity is campaigning for the creation of…

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Exposed: hidden travel agent fees send air fares sky high | Money – Business Article

Online travel agent Opodo seemed to offer the best deal when Des McGhee searched Kayak, the price comparison website, for a flight from London to Glasgow. Until he reached Opodo’s checkout page, that is. The price had more than doubled, from the £116.80 quoted for four tickets with easyJet to £242.80, with £126 of this the cost of checking in four bags at £31.50 each. It wasn’t until he received the booking confirmation from easyJet that he discovered that the…

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Is money to go travelling a suitable 21st birthday present? | Money – Business Article

Every week a Guardian Money reader submits a question, and it’s up to you to help him or her out – a selection of the best answers will appear in next Saturday’s paper. My son turns 21 in a few weeks and would like cash for his birthday so he can go travelling. Relatives have started asking what he would like. Can we just tell them to give him money, or would that be rude? Would it be better to…

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4 Ways to Manage Debt Stress – Business Article

Debt affects more than just our well-being financially, it can lead to physical and mental health complications. That is why it is highly essential to find safe ways to deal with debt stress. Here is how you can combat the stress associated with debt. Tackle your money issues directly The first step in dealing with debt stress is devising a plan to remove it from your life. Debt remains the way it is until it is paid off in full.…

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Saga scraps its credit card, leaving customers in the lurch | Money – Business Article

Is over-50s specialist Saga axing its popular platinum credit card because of Brexit? The card is run for Saga by a Dublin-based bank and is closing on 28 March, hours before the UK is scheduled to leave the EU. The Saga platinum credit card has long been a popular choice among people who travel abroad because it doesn’t charge currency conversion fees. Other benefits include up to 55 days of interest-free cash withdrawals, discounts on Saga holidays and cruises, and…

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Let’s move to Anglesey/Ynys Môn, Wales: ‘A world apart’ | Money – Business Article

What’s going for it? Ynys Môn likes to keep its distance, as well it might. People have long come to these shores to take things. The Romans slogged all the way from the Med, sniffing out Anglesey’s raw materials. Nowadays, second-homers come in search of its views, sandy coves and relative isolation. Thomas Telford’s beautiful Menai suspension bridge may have long leapt over the tricky waters of the strait, and its neighbour, the Britannia Bridge, carries mainline trains chuffing off…

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Italy falls into recession as eurozone economy struggles – business live | Business – Business Article

The Italian economy slipped into recession in the final three months of the year, weighing on the wider eurozone’s growth, official figures showed Thursday. The Italian statistics agency said that Italy, the third-largest economy in the 19-country eurozone, contracted by a quarterly rate of 0.2% in the fourth quarter. Following a 0.1% drop in GDP in the previous three-month period, that means Italy is in a technical recession, defined as two straight quarters of economic contraction. The Italian economy has…

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UK house prices grow fastest in north of England and Midlands | Money – Business Article

House prices have grown fastest since the UK voted to leave the EU in cities in the Midlands, the north of England, Wales and Scotland, according to the property website Zoopla. Birmingham (up 16%), Manchester and Leicester (both up 15%) have seen the fastest growth since the June 2016 referendum, followed by Edinburgh and Nottingham (14%), Leeds and Cardiff (12%), and Liverpool and Sheffield (11%). Zoopla said economic and political uncertainty caused by the Brexit vote was more acutely felt…

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7 Bad Habits of Successful Business People – Business Article

Just because you’re successful, doesn’t mean you are perfect. In fact, we’re all walking around with some sort of self-doubt or imperfection. We all have a bad habit or two we need to break. If you want to be successful, you need to be constantly reaching forward toward improvement. The sad fact is that most people who attempt to startup a business fail precisely because they fail to recognize their flaws. This is why today we’re going to illuminate some…

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What to Do When the Money Slows Down – Business Article

It happens to the best of us. It happens to everyone, even if you aren’t the best. Sometimes you feel like you can’t be stopped. And then suddenly, without warning, your income ceases to be what it was. You have no clue as to why. It just happened. There is no other way for you to explain it. So what do you do when the money slows down or even stops? Keep reading for a few tips. 1. Watch Your…

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Small energy suppliers get a growth boost as their rivals collapse | Business – Business Article

Eight small energy suppliers closed their doors last year as rising wholesale costs tipped them over the edge, and the trend has continued into 2019, with the recent insolvency of Economy Energy, followed by Our Power, which failed on Friday. Industry watchers predict there are more failures to come. The string of collapses has shone a spotlight on unsustainable pricing by new entrants and on the costs all households face from picking up the pieces. What is less remarked upon…

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Tax return 2019: a stress-free guide to tackling it | Money – Business Article

The weather may have turned arctic, but frostbitten fingers won’t get you out of doing your tax return. HM Revenue & Customs has issued a list of the most bizarre (and unsuccessful) excuses it received from customers who missed last year’s self-assessment deadline. They included “My boiler had broken and my fingers were too cold to type”. If you have been putting off the day when you have to gather up all your bits of paper and sit down and…

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Orkney rated Britain’s best place to live in terms of quality of life | UK news – Business Article

Orkney is the best place to live in the UK, with cheap houses, low crime, good schools and a population who are among the happiest and healthiest in the country, according to the annual Halifax quality of life survey. The survey found that all the top five best places to live in the UK were in Scotland or the north of England. Richmondshire in the north of the Yorkshire Dales came second, while the appropriately named Eden district in Cumbria…

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The Best Investments a Mompreneur Can Make – Women in Business Article

Having children is the most rewarding and time-consuming experience that a person can have, especially as a mother. Luckily for mompreneurs all over the globe, the modern age has blessed us with the power of the internet, giving us not only an easy way to make our small business idea a reality but even making it possible to base our entire business on the online world. With the abysmal budget, most parents have at their disposal, making smart investments for…

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