England’s coronavirus R rate may now be as high as one, No10’s scientific advisers revealed today as a catalogue of data showed the outbreak has ‘levelled off’ since schools reopened. But experts today insisted the troublesome figures were ‘not yet evidence’ No10’s ultra-cautious lockdown easing plans needed to be pushed back, saying the disease was … Read more
CPI inflation rate drops to 0.4% in February with clothes and cars getting cheaper after renewed lockdown – easing fears over rising prices Headline CPI rate of inflation fell from 0.7 per cent to 0.4 per cent in February Suprised economists who had been expecting a slight uptick in the annual rate Clothes and second … Read more
Santander savers set to lose out as bank announces a string of rate cuts to come in next month By Sylvia Morris For The Daily Mail Published: 22:01 GMT, 23 March 2021 | Updated: 22:01 GMT, 23 March 2021 Santander is slashing the rate on its Easy Isa from a lowly 0.1 per cent to a … Read more
Britain’s Covid R rate today dropped back down to 0.8 after a blip saw it rise last week, as yet more figures added to the mountain of evidence that the worst of the pandemic is over. No10’s scientific advisory panel SAGE estimated the reproduction rate — the average number of people infected by each person with … Read more
England now has a lower coronavirus infection rate than Scotland for the first time since April and cases have dropped by a third in a week, official figures revealed today, sparking fresh calls for Boris Johnson to ease restrictions earlier. Department of Health statistics showed England’s weekly rate was 61 cases per 100,000 people by … Read more
Easy-access savings rates have fallen by seven tenths, but many mortgage borrowers have barely benefited since the Bank of England cut its base rate to an all-time low last year, data suggests. Savings rates have plummeted but some of Britain’s biggest lenders have failed to pass on the full 0.65 percentage point cut since last … Read more
Middle-class families who have been caught out by the freeze in income tax thresholds could save hundreds of pounds by boosting their pensions. The number of Britons paying the higher rate of income tax will soar from four million to five million by 2026, following Rishi Sunak’s Budget. The higher 40 per cent rate will … Read more
Britian’s Covid R rate has ticked upwards but is still below one, experts said today, as a raft of official data showed cases are still falling and a top scientist called for lockdown curbs to be eased sooner. Sage experts said the rate – which estimates the spread of the virus – is now between … Read more
Budget 2021 at a glance Here are the main points of Rishi Sunak’s Budget: Office for Budget Responsibility (OBR) predicts economy will return to pre-Covid levels by the middle of 2022, six months earlier than previously thought. OBR forecast economy will grow this year by 4 per cent, by 7.3 per cent in 2022, then … Read more
The Chancellor is aiming to unlock some of the £143billion worth of lockdown savings by Britons to fund the country’s green recovery from the coronavirus pandemic, the Treasury has revealed. Ordinary savers will be able to buy into ‘green savings bonds’ offered through National Savings & investments later this year, according to an announcement released … Read more