NS&I cuts: Where are the best savings rates now?

Some 25million savers have been dealt with a hammer blow after National Savings & Investments announced savage cuts to its rates from the end of November. And it’s not just old hands who have saved with the nation’s bank for years, millions of new savers will have signed up for its market-leading accounts since March and … Read more

Study finds lower rates of COVID-19 in areas that have had dengue fever outbreaks.

Dengue fever survivors may have some level of immunity against the novel coronavirus, a new study suggests. Researchers from Duke University, who shared their results exclusively with Reuters, analyzed the COVID-19 outbreak in Brazil and found a link between the spread of the virus and the mosquito-transmitted illness. Lead author Dr Miguel Nicolelis, the Duke School … Read more

NS&I to make ‘savage’ cuts to interest rates and Premium Bonds from November

There are fears that a recent recovery in savings rates could be thrown into reverse after National Savings & Investments today took a wrecking ball to its accounts, with ‘absolutely savage’ cuts set to come into force in November. The Treasury-backed bank this morning announced that from December the odds of winning anything in the … Read more

New series The Write Offs explores staggering adult illiteracy rates in UK

To hide the fact that he couldn’t read, Tommy would get aggressive. He’d shout at colleagues, family members, even supermarket checkout workers when they asked him to sign something. Inside he would be burning with humiliation. Emily became very naughty at school. Her teachers thought she was simply a troublemaker when she kept asking for extra … Read more

What do negative interest rates mean for savers and mortgage holders?

Britain’s savers could soon be charged to hold money with their banks after the Bank of England left itself wide open to setting interest rates negative for the first time. The Bank of England base rate of interest, which influences how cheaply banks can borrow money, what homeowners pay for their mortgage and how much … Read more

Coronavirus lockdowns, social distancing and masks reduced FLU rates by nearly 90% in the US

Coronavirus lockdowns, social distancing and masks reduced FLU rates by nearly 90% in the US, CDC report reveals Positive flu test rates dropped from about 20% between September 2019 and February 2020 to 2.3% between March 2020 and May 2020 Laboratory specimens for testing fell from 49,696 per week before the national emergency was declared … Read more

WHO says ‘alarming Covid-19 transmission rates’ across Europe are ‘a wake-up call’

WHO says ‘alarming Covid-19 transmission rates’ across Europe are ‘a wake-up call’ as they caution against shortening 14-day quarantine periods Dr. Hans Kluge warned against reducing quarantine period for potential carriers  He acknowledged Covid ‘fatigue’ was setting in with growing public resistance WHO Europe’s 53-country region recorded more than 300,000 confirmed coronavirus cases in the … Read more

Coronavirus cases will soar past 30 MILLION today as India dominates daily infection rates

Global coronavirus cases will soar past 30 million today, with India dominating the infection rate. India’s is firmly the global epicentre, accounting for around 17 percent of the total number of cases, although North and South America combined represent almost half of the infections. Global new daily case numbers reached record levels in recent days and … Read more

Try investing with LifeStrategy funds to beat those low savings rates

With interest rates stuck at record lows, most savers cannot get their hands on the rewards they think they deserve. Most High Street banks pay just 0.01 per cent interest – that’s 10p a year on each £1,000 in an easy-access account. But there is another option for cautious savers in search of a more … Read more

Infection rates rise but deaths and hospital admissions remain low

Experts believe coronavirus spreading in lower doses means death tolls and hospital admissions remain low, while daily case totals are high. Social distancing measures mean an infected person would only be able to pass on traces of Covid-19 to another person meaning the virus’s ‘infectious dose’ is lower. Because the newly-infected person would have a … Read more