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ECONOMY
First Direct offers new customers £175 to switch current accounts
First Direct is offering new customers £175 cashback if they switch over their current account — an increase on its previous £150 offer.To claim the bonus, you must open First Direct’s 1st Account using the Current Account Switch Service…
Digital banks trumping more traditional rivals on customer service
More than 80% of those with Starling Bank, Monzo or First Direct are likely to recommend the bank to friends and familyDigital banks are trumping their more traditional rivals when it comes to customer service.More than 80 per cent…
Cashback site leaves customers fretting over its £15 monthly fee
Thousands of customers signed up to cashback website Complete Savings after being promised 10 per cent discounts, monthly bonuses and special offers.But shoppers are being warned the site's £15 monthly fee — levied after a 30-day free trial…
Banks betray children by failing to hike interest rates on junior Isas
Banks are betraying children by failing to pass on interest rate hikes.Some have not raised their Junior Isa rates even once this year, despite six consecutive increases in the Bank of England base rate.The average cash account now pays 2…
Rocketing power bills fuel protest group Don’t Pay UK
Railway signaller Kim Eldridge seems nervous as she talks about her hopes of bringing Britain's energy giants to their knees.'I've never been involved in any kind of protest in my life,' she says. 'I'm just not like that. But when you see…
Car-hire chancers cashing in on travellers held up by delays
Car-hire firms are cashing in on flight delays by charging holidaymakers hundreds of pounds extra if they are held up.Travel chaos has plagued the summer, with flight disruption now expected to continue into the autumn.Yet many rental…
Why you should think twice before pulling the plug on your workplace pension
After two and a half years of financial uncertainty, Emma Preston is understandably feeling anxious. The 38-year-old hotel manager was furloughed during the first lockdown. And since returning to work, she's struggled to cope with the…
VICTORIA BISCHOFF: I’m turning to tech to upgrade my digital security
An alarming alert popped up on my smartphone last week. ‘This password has appeared in a data leak, which puts your account at high risk of compromise,’ it read, urging me change it ‘immediately’.Panicked, I soon discovered an iPhone…
BHP announces record dividends following commodity price hikes
BHP Group has declared bumper annual earnings and shareholder returns thanks to soaring coal and copper prices.The mining giant reported profit growth of 173 per cent in the 12 months ending June to $30.9billion, bolstered by a $7.1billion…
Watches of Switzerland sales jump as luxury demand remains buoyant
Watches of Switzerland has reiterated its full-year forecasts as it maintained healthy sales growth despite a more challenging economic backdrop.The London-listed boutique retailer saw total revenues increase by 31 per cent to £397million…