A record-breaking number of NHS staff were off sick during the height of the Covid-19 crisis, official figures show. NHS Digital statistics released today revealed 6.2 per cent of health service staff in England were absent on any given day in April, on average. At that point hospitals were battling an extraordinary influx of Covid-19 … Read more
Mortgage rates may be about to get more expensive despite unprecedented measures from the Bank of England designed to keep them low. Brokers say a ‘perfect storm’ of issues indicate that mortgage rates, which are currently still at historical lows, may soon rise as the coronavirus lockdown ravages many households’ finances. At the same time, … Read more
Depression rates have DOUBLED since coronavirus hit Britain: 20% of adults were depressed in June — up from 9.7% before the pandemic, official data shows The Office for National Statistics (ONS) released the report, carried out in June One in eight British adults developed depressive symptoms during pandemic While the others — around 6.2 per … Read more
Is it the end of the savings account? Interest rates hit record lows of 0.01% as recession starts to bite Savers have amassed around £45billion in popular easy access savings accounts The average easy access rate is now just 0.22 per cent, down from 0.56 per cent Savers who remained loyal to high street banks … Read more
Already pitiful savings rates have been slashed by nearly TWO THIRDS during the coronavirus pandemic and continue to set record lows Average savings rates have been slashed for the fifth consecutive month Coronavirus pandemic has seen fewer savings options available Easy-access accounts tumbled from 0.56% in March to 0.22% this month By Grace Gausden For … Read more
As speculation grows that France could be removed from the UK’s quarantine-free list this week, analysis has found that fourteen other countries also on the list have higher or similar coronavirus figures. Fears are now mounting that all fourteen countries – including France – could be added to the quarantine list, throwing the plans of … Read more
Coronavirus infection rates among all age groups under 65 have been on the rise since lockdown was eased, official data shows. Among people aged 15 to 44 in England, the rate has increased by 35 per cent since July 5 – a day after ‘Super Saturday’ when bars, restaurants and cinemas reopened and a large chunk of the … Read more
Are negative interest rates off the table and could things be better than we think? This is Money podcast By This Is Money Published: 17:04 BST, 7 August 2020 | Updated: 17:04 BST, 7 August 2020 Interest rates may have been slashed to the bone in the wake of the coronavirus crisis but the threat … Read more
Signs of ‘slight green shoots’ amid savings gloom as challenger banks launch new best buy fixed-rates Savings rates on all accounts have collapsed since March due to coronavirus Over the last few weeks some banks have upped their fixed-rates Experts say these ‘baby steps’ suggest a ‘slight revival’ in fixed-rate bonds By George Nixon For … Read more
As coronavirus cases continue to rise across much of the US, top infectious disease expert Dr Anthony Fauci warned that states need to heed the warning signs when the percentage of people testing positive each day starts to tick upward. And when it does, they may need to reconsider their reopening schedules, warned Dr Fauci … Read more