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The 1-minute read to get the money news you need with expert adviser commentary.

Higher mortgage rates

In the last few days, several big mortgage lenders have upped the interest rates* on their 10% and 15% deposit mortgages. Santander, Halifax, and Virgin Money have all increased their rates, and some experts have warned that others may follow suit.

Furlough rethink?

Bank of England governor Andrew Bailey has added his voice to those asking Rishi Sunak to rethink future furlough support. The subsidised wage payments are due to stop at the end of October. Bailey suggested during a webinar that some certain sectors could continue to benefit from targeted help - especially if new restrictions ramp up, taking their toll on businesses like pubs and restaurants.

Lorries, get ready

Michael Gove has sent a letter to logistics groups, reminding them to get ready for Brexit. He warned they could be stuck in traffic jams of up to 7,000 lorries, if they fail to prepare for new custom rules at the end of the transition period.

Virtual nannies

Frazzled parents working from home are turning to virtual childcare to take a breather or avoid the baby making an appearance in a board meeting. Thousands of families are employing nannies to spend time with the kids online via tablets. They’re in demand - especially when schools shut due to local lockdowns, or when families are forced to self-isolate.