{"componentChunkName":"component---src-templates-post-js","path":"/some-non-corona-news/","result":{"data":{"ghostPost":{"id":"Ghost__Post__5e6f5661a5acdb0038bd320f","title":"Some non-corona news","slug":"some-non-corona-news","featured":false,"feature_image":"https://images.unsplash.com/photo-1506367861045-27937c3a8e63?ixlib=rb-1.2.1&q=80&fm=jpg&crop=entropy&cs=tinysrgb&w=2000&fit=max&ixid=eyJhcHBfaWQiOjExNzczfQ","excerpt":"The pandemic is having a huge impact on economies worldwide, but it’s not the whole story.","custom_excerpt":"The pandemic is having a huge impact on economies worldwide, but it’s not the whole story.","created_at_pretty":"16 March, 2020","published_at_pretty":"16 March, 2020","updated_at_pretty":"16 March, 2020","created_at":"2020-03-16T10:35:13.000+00:00","published_at":"2020-03-16T10:41:04.000+00:00","updated_at":"2020-03-16T10:41:04.000+00:00","meta_title":null,"meta_description":null,"og_description":null,"og_image":null,"og_title":null,"twitter_description":null,"twitter_image":null,"twitter_title":null,"authors":[{"name":"Annie Mellor","slug":"annie","bio":null,"profile_image":null,"twitter":null,"facebook":null,"website":null}],"primary_author":{"name":"Annie Mellor","slug":"annie","bio":null,"profile_image":null,"twitter":null,"facebook":null,"website":null},"primary_tag":null,"tags":[{"name":"#feed","slug":"hash-feed","description":null,"feature_image":null,"meta_description":null,"meta_title":null,"visibility":"internal"},{"name":"multiply-minute","slug":"multiply-minute","description":"The 1-minute read to get the money news you need with expert adviser commentary","feature_image":null,"meta_description":null,"meta_title":null,"visibility":"public"}],"plaintext":"Get straight to the good stuff every day with the Multiply Minute; a\nlightning-quick round-up of the money news and how it affects you.\n\nQuick note: we aim to bring you the most urgent, relevant, and interesting news\nthat affects you and your money. The pandemic is having a huge impact on\neconomies worldwide, but it’s not the whole story. Our edit will always include\na balance of news, including the important bits you might have missed.\n\nFed goes to the wall\nThe US central bank, the Federal Reserve, cut interest rates yesterday\n[https://www.bbc.co.uk/news/business-51901998] for the second time in two weeks,\ntaking the base rate almost to zero. Sunday’s announcement also included a $700\nbillion stimulus package to try and protect the US economy from the impacts of\nthe epidemic and prevent recession. Despite the Fed’s best efforts, global stock\nmarkets opened lower today. In the UK, the FTSE 100 fell sharply in early hours\nof trading.\n\nHouse price uncertainty\nLast month was a good one for property: the number of sales agreed jumped 17.8%\naccording to website Rightmove, which recorded its five busiest days ever in\nFebruary. But following its recent rally, the UK housing market is facing\nanother period of uncertainty\n[https://www.cityam.com/coronavirus-pandemic-heaps-uncertainty-on-house-price-growth/] \nwhich could delay buyers and stifle price growth. Experts have said it’s hard to\npredict how the market will respond to the coronavirus outbreak.\n\nWomen working longer\nFor the first time ever there are more women aged 60-64 in the workplace than\nout of it. The Office for National Statistics (ONS) says the number of older\nwomen who work has increased 51%\n[https://www.theguardian.com/society/2020/mar/16/more-women-aged-60-64-in-work-than-not-for-first-time-in-uk-ons] \nin the decade since the state pension age was increased in 2010.\n\nTikTok revenues revealed\nA new crowd of Brits are getting ‘TikTok famous’, gaining millions of followers\non the video sharing app. But it’s not as lucrative as you might expect. Student\nJake Sweet, aka Surfaceldn, has 3 million followers but only generates enough\ncash to pay for his next viral craft video. According to one estimate, \ninfluencers can make £20-25,000 a year\n[https://www.bbc.co.uk/news/business-50987803] from paid content, appearances,\nand merchandising if they get more than two million followers.","html":"

Get straight to the good stuff every day with the Multiply Minute; a lightning-quick round-up of the money news and how it affects you.

Quick note: we aim to bring you the most urgent, relevant, and interesting news that affects you and your money. The pandemic is having a huge impact on economies worldwide, but it’s not the whole story. Our edit will always include a balance of news, including the important bits you might have missed.

Fed goes to the wall

The US central bank, the Federal Reserve, cut interest rates yesterday for the second time in two weeks, taking the base rate almost to zero. Sunday’s announcement also included a $700 billion stimulus package to try and protect the US economy from the impacts of the epidemic and prevent recession. Despite the Fed’s best efforts, global stock markets opened lower today. In the UK, the FTSE 100 fell sharply in early hours of trading.

House price uncertainty

Last month was a good one for property: the number of sales agreed jumped 17.8% according to website Rightmove, which recorded its five busiest days ever in February. But following its recent rally, the UK housing market is facing another period of uncertainty which could delay buyers and stifle price growth. Experts have said it’s hard to predict how the market will respond to the coronavirus outbreak.

Women working longer

For the first time ever there are more women aged 60-64 in the workplace than out of it. The Office for National Statistics (ONS) says the number of older women who work has increased 51% in the decade since the state pension age was increased in 2010.

TikTok revenues revealed

A new crowd of Brits are getting ‘TikTok famous’, gaining millions of followers on the video sharing app. But it’s not as lucrative as you might expect. Student Jake Sweet, aka Surfaceldn, has 3 million followers but only generates enough cash to pay for his next viral craft video. According to one estimate, influencers can make £20-25,000 a year from paid content, appearances, and merchandising if they get more than two million followers.

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