100 days to cash in or spend it: Bank of England warns £14.5bn worth of paper bank notes will soon be withdrawn June 23, 2022 The Bank of England has warned people there are just 100 days to use or return £14.5bn-worth of paper bank notes before they’re removed as legal tender. On 30 September, £20 and £50 notes made from paper will be withdrawn from circulation completely, and replaced with new polymer versions. The warning was given because a [...]
FCA cracks down on fraud by using latest analytics to scan 100,000 websites a day June 23, 2022 The UK’s financial watchdog is harnessing state-of-the-art analytics to scan 100,000 websites a day in a crackdown on scams and fraud. While the Financial Conduct Authority (FCA) cannot remove fraudulent sites, it has added almost 2,000 possible scams to its consumer warning list since May 2021. This represents a third more than during the same time [...]
MoneySavingExpert guru Martin Lewis turned down ‘again’ by House of Lords June 23, 2022 MoneySavingExpert founder Martin Lewis revealed he was turned down from getting a peerage multiple times. The journalist said he had been rejected by the House of Lords appointment commission “again”, because he’d been “honest” about how often he could attend. Speaking to the BBC’s Nick Robinson, Lewis said he had always had political ambitions and [...]
Govt will try to change ‘burdensome’ law so agency staff can cover for striking workers June 23, 2022 The government will try to change the law to allow agency staff to cover for striking workers. Grant Shapps and Kwasi Kwarteng, the transport and business secretaries, made the announcement on Thursday as the UK is crippled by a second day of industrial action. Under current trade union laws, firms cannot supply temporary workers to [...]
Zahawi: Education union strike threat after rail chaos would be ‘unforgivable and unfair’ for students June 23, 2022 The education secretary has accused education trade unions of “failing” children by threatening strikes. Nadhim Zahawi branded threats to walk out of the classroom by the National Education Union “irresponsible” in a piece for the Telegraph this morning. This comes after industrial action from rail workers brought the country to a standstill on Tuesday, with [...]
‘Kremlin will be enjoying this self-inflicted distraction. Don’t be Russia’s friend’, Tobias Ellwood urges train strikers June 22, 2022 Former defence minister Tobias Ellwood has warned striking rail union workers not to be “Putin’s friend”. The former soldier and Tory MP for Bournemouth East said the Kremlin would be “enjoying this self-inflicted distraction” from its war against Ukraine. This comes after thousands of rail workers walked out across the country on Tuesday, with two [...]
First in 40 years: Investigation underway after polio detected in London sewage system June 22, 2022 The country has been placed on alert after polio was detected in London sewage despite the country having been free of it since 2003. The UK Health and Security Agency said it is investigating after poliovirus samples were found at London Beckton Sewage Treatment Works. It is working with the Medicines and Healthcare products Regulatory [...]
Watch: Rescue effort underway after Afghanistan quake kills 1,000 and Taliban asks for help June 22, 2022 The UK is ready to offer aid to Afghanistan following a deadly earthquake which has killed 1,000, but relief will not be channeled through the Taliban. Helicopters were sent to joint the rescue effort by the Islamist rulers of Afghanistan, with interior ministry official Salahuddin Ayubi saying “the death toll is likely to rise as [...]
Google searches for ‘remote jobs’ explode by more than 260 per cent as UK crippled by train strikes June 22, 2022 There has been an explosion in searches for ‘remote jobs’ in wake of recent train strikes by more than 260 per cent. New analysis of Google search engine figures show the term has been searched at the highest level in UK internet history. This is despite politicians such as Brexiteer Jacob Rees-Mogg and host of [...]
Sunak: BoE will ‘act forcefully’ on inflation and govt will ‘be responsible with borrowing and debt’ June 22, 2022 Rishi Sunak sought to reassure people following a 40-year high in UK inflation to 9.1 per cent, insisting the Bank of England will “act forcefully” to counter the rise. The BoE, which is independent of government, has been criticised for not being quick and decisive enough about rising costs of living, with members of the [...]
