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Savers are losing out on up to £7 billion in interest rewards by sticking with the big banks. While smaller banks and building societies have been tentatively raising rates, big banks continue to pay virtually no interest at all. Yet money has been pouring into the latter as savers have …

Borrowers are being charged more than double the rate for their overdrafts compared with this time last year. The average arranged overdraft rate has risen from 12.34 per cent to almost 27 per cent in that period following new rules introduced in April, according to the data firm Moneyfacts. The …

A dark cloud descended over the savings landscape on Monday morning as NS&I announced a round of cuts that will hit the pockets of 25 million savers. The cuts are as brutal as they were inevitable. National Savings had, until now, been the last beacon of hope for savers as …

The Court of Appeal judgment is a blow to the many women who believe the sharp increase in their state pension age from 2010 discriminated against them. I support the concept of state pension age equality, and it is difficult to defend women being able to start their state pension …

Covid-19 has not proved to be disastrous for every enterprise. Contrast B&Q owner Kingfisher with Whitbread. As Britain’s biggest hotelier, Whitbread is hard hit and 6,000 staff, both in management and at Premier Inn sites, are to lose their jobs. Even in August, when coastal venues were crowded, average occupancy …

But Boris Johnson warns the nation further measures may be necessary if the new rules are not followed.

Brussels has renewed its threat of legal action against the UK over London’s plans to override parts of the Brexit deal on Northern Ireland while vowing to continue contacts in the hope of resolving the dispute.  Maros Sefcovic, the EU commissioner in charge of the implementation of last year’s Brexit …

Holiday makers will not be spoilt for choice this winter as travel giant Tui has announced further cuts to winter capacity due to changing restrictions as a second wave of Covid-19 hits the UK and other parts of Europe. This follows the company’s disappointing and unprecedented 83 per cent nosedive …

Nicola Sturgeon says visiting other people’s homes will no longer be allowed as part of efforts to slow the virus.

Boris Johnson says new restrictions being introduced in England could prevent tougher rules later.