![](\"https://multiply.ghost.io/content/images/2021/04/image-11.png\")
The 1-minute read to get all the money news plus expert adviser views.
Many big lenders won’t offer 95% mortgages on new builds* due to fears of negative equity. The government-backed mortgage scheme launched this week, making deals available to buyers with small deposits. But 1 in 10 new build buyers end up selling their property for less than they paid for it, and those price premiums are putting lenders off.
Joe Biden will host 40 world leaders today to ask them to get more ambitious on climate action as part of an Earth Day summit. He’s expected to commit to cutting US emissions by 50% by 2030. The summit will focus on economic opportunities, green finance, and technological innovation.
Extinction Rebellion activists have smashed windows at HSBC offices in Canary Wharf. They’re protesting the bank’s continued financing of the fossil fuel industry, despite pledging to reduce its carbon footprint to net zero by 2050. They did the same at Barclays HQ 2 weeks ago.
The UK should consider labelling financial products such as investments to show how green they really are. The idea comes from a committee of MPs which wants to prevent people being taken in by misleading claims of green credentials. It says many products described as “green” or “climate-related” don’t really offer what consumers would expect.
","url":"https://multiply.ghost.io/mortgage-gap-for-new-builds/","uuid":"258a238d-1d03-4fa3-ad00-228537b54f86","page":null,"codeinjection_foot":null,"codeinjection_head":null,"codeinjection_styles":null,"comment_id":"608141b0fcd600003bbc836a"}},{"node":{"id":"Ghost__Post__607fe388fcd600003bbc8311","title":"Netflix boom over?","slug":"netflix-boom-over","featured":false,"feature_image":"https://multiply.ghost.io/content/images/2021/04/Frame-100-2.png","excerpt":"Plus: Super League own goal, Barclaycard cuts credit limits, banks commit to net zero.","custom_excerpt":"Plus: Super League own goal, Barclaycard cuts credit limits, banks commit to net zero.","created_at_pretty":"21 April, 2021","published_at_pretty":"21 April, 2021","updated_at_pretty":"21 April, 2021","created_at":"2021-04-21T08:34:16.000+00:00","published_at":"2021-04-21T08:40:22.000+00:00","updated_at":"2021-04-21T08:40:22.000+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":"#blog","slug":"hash-blog","description":null,"feature_image":null,"meta_description":null,"meta_title":null,"visibility":"internal"},{"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":"The 1-minute read to get all the money news plus expert adviser views.\n\nSubscribers switch off\nNetflix has seen its growth stall [about:blank], signing up just 3.98 million\nnew subscribers between January and March. It was aiming for 6 million. The\nstreaming service saw its figures boom last year as lockdowns forced people\naround the world to stay at home. Show’s over? Maybe. Netflix says the problem\nis a lack of fresh content, because the pandemic makes it harder to create new\nshows.\n\nSuper League own goal\nAll 6 English football clubs have pulled out of the European Super League\n[https://www.cityam.com/all-six-english-clubs-abandon-jp-morgan-super-league-plan/]\n, after fans, other leagues, and even Boris Johnson gave the plans a red card.\nThe teams’ decision comes just 48 hours after the venture was announced. The\nSuper League, which is backed by £4.3 billion in funding from JP Morgan, was\naccused of putting profit before the game.\n\nNew Barclaycard limits\nCredit card customers saw their spending limits slashed\n[https://www.telegraph.co.uk/personal-banking/credit-cards/barclaycard-slashed-credit-limit-12000-450-overnight/]\n* last week with very little warning. Many with good credit histories say their\nlimits have been cut by as much as 96%. Barclaycard says it’s due to the ongoing\nimpact of coronavirus, but hasn’t confirmed how many customers are affected. It\nsays it’s unrelated to the £26 million fine it was handed in December for\nfailing to take care of customers behind on payments.\n\nNet zero alliance\nDozens of banks and financial institutions have joined a global alliance aimed\nat reducing greenhouse gas emissions. Between them, they manage over $70\ntrillion in assets. The 43 banks from across the world have pledged to cut the\ncarbon content\n[https://www.theguardian.com/business/2021/apr/21/leading-finance-firms-sign-up-to-mark-carney-forum-on-low-carbon-investment] \nof their investment portfolios by 2030. The alliance, which is chaired by former\nBank of England governor Mark Carney, will encourage the financial sector to\ninvest in green tech and infrastructure.\n\nNew to the Minute?\nSubscribe [https://multiply.ai/minute] to get it in your inbox tomorrow.","html":"The 1-minute read to get all the money news plus expert adviser views.
Netflix has seen its growth stall, signing up just 3.98 million new subscribers between January and March. It was aiming for 6 million. The streaming service saw its figures boom last year as lockdowns forced people around the world to stay at home. Show’s over? Maybe. Netflix says the problem is a lack of fresh content, because the pandemic makes it harder to create new shows.
All 6 English football clubs have pulled out of the European Super League, after fans, other leagues, and even Boris Johnson gave the plans a red card. The teams’ decision comes just 48 hours after the venture was announced. The Super League, which is backed by £4.3 billion in funding from JP Morgan, was accused of putting profit before the game.
Credit card customers saw their spending limits slashed* last week with very little warning. Many with good credit histories say their limits have been cut by as much as 96%. Barclaycard says it’s due to the ongoing impact of coronavirus, but hasn’t confirmed how many customers are affected. It says it’s unrelated to the £26 million fine it was handed in December for failing to take care of customers behind on payments.
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Dozens of banks and financial institutions have joined a global alliance aimed at reducing greenhouse gas emissions. Between them, they manage over $70 trillion in assets. The 43 banks from across the world have pledged to cut the carbon content of their investment portfolios by 2030. The alliance, which is chaired by former Bank of England governor Mark Carney, will encourage the financial sector to invest in green tech and infrastructure.
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","url":"https://multiply.ghost.io/netflix-boom-over/","uuid":"44259940-3ab3-4e21-80d3-ba071c4faa60","page":null,"codeinjection_foot":null,"codeinjection_head":null,"codeinjection_styles":null,"comment_id":"607fe388fcd600003bbc8311"}},{"node":{"id":"Ghost__Post__607e8e82fcd600003bbc82fd","title":"Surprise drop in unemployment","slug":"surprise-drop-in-unemployment","featured":false,"feature_image":"https://multiply.ghost.io/content/images/2021/04/427.png","excerpt":"Plus: Rishi likes Britcoin, car insurance £87 cheaper, green plan could create 1.2 million jobs.","custom_excerpt":"Plus: Rishi likes Britcoin, car insurance £87 cheaper, green plan could create 1.2 million jobs.","created_at_pretty":"20 April, 2021","published_at_pretty":"20 April, 2021","updated_at_pretty":"20 April, 2021","created_at":"2021-04-20T08:19:14.000+00:00","published_at":"2021-04-20T08:21:58.000+00:00","updated_at":"2021-04-20T08:21:57.000+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":"#blog","slug":"hash-blog","description":null,"feature_image":null,"meta_description":null,"meta_title":null,"visibility":"internal"},{"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":"The 1-minute read to get all the money news plus expert adviser views.\n\nFewer out of work\nThe unemployment rate fell to 4.9%\n[https://www.bbc.co.uk/news/business-56812163] in the three months February -\nthat’s still 0.9% higher than it was in February 2020, but less than many\npredicted after the winter lockdown. The Office for National Statistics (ONS)\nsays 813,000 jobs have been lost in total since the start of the pandemic, and\naround 80% of those were to people under 35. 5 million are still on furlough.\n\nBritcoin?\nChancellor Rishi Sunak has confirmed he wants the Bank of England to investigate\nthe idea of a new central bank digital currency\n[https://www.reuters.com/business/finance/uk-launches-taskforce-potential-bank-england-digital-currency-sunak-2021-04-19/] \n(CBDC). Dubbed “Britcoin”, the currency could allow people and businesses to\nhold accounts at the Bank of England, and speed up foreign and domestic\npayments.\n\nCheaper premiums\nThe cost of car insurance has fallen by £87\n[https://www.bbc.co.uk/news/business-56808145] over the last 12 months - the\nbiggest drop for 6 years. The data from confused.com shows UK motorists can\nexpect to pay an average of £538 for their car insurance this year. How come?\nWe’re driving less since the pandemic started, so the risk of accidents has gone\ndown.\n\nGreen plan?\nA stimulus programme earmarked for green and digital projects could create 1.2\nmillion jobs\n[https://www.theguardian.com/environment/2021/apr/20/green-stimulus-plan-uk-jobs-green-new-deal] \nwithin 2 years, replacing every job lost to the pandemic, according to Green New\nDeal UK. The new research comes as the government commits to new climate\ntargets, promising to cut carbon emissions by 78% before 2035.","html":"The 1-minute read to get all the money news plus expert adviser views.
The unemployment rate fell to 4.9% in the three months February - that’s still 0.9% higher than it was in February 2020, but less than many predicted after the winter lockdown. The Office for National Statistics (ONS) says 813,000 jobs have been lost in total since the start of the pandemic, and around 80% of those were to people under 35. 5 million are still on furlough.
Chancellor Rishi Sunak has confirmed he wants the Bank of England to investigate the idea of a new central bank digital currency (CBDC). Dubbed “Britcoin”, the currency could allow people and businesses to hold accounts at the Bank of England, and speed up foreign and domestic payments.
The cost of car insurance has fallen by £87 over the last 12 months - the biggest drop for 6 years. The data from confused.com shows UK motorists can expect to pay an average of £538 for their car insurance this year. How come? We’re driving less since the pandemic started, so the risk of accidents has gone down.
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A stimulus programme earmarked for green and digital projects could create 1.2 million jobs within 2 years, replacing every job lost to the pandemic, according to Green New Deal UK. The new research comes as the government commits to new climate targets, promising to cut carbon emissions by 78% before 2035.
","url":"https://multiply.ghost.io/surprise-drop-in-unemployment/","uuid":"ef207ff7-e7e9-4145-b32d-e8779a55679c","page":null,"codeinjection_foot":null,"codeinjection_head":null,"codeinjection_styles":null,"comment_id":"607e8e82fcd600003bbc82fd"}},{"node":{"id":"Ghost__Post__607d4564fcd600003bbc82ce","title":"Spring asking price surge","slug":"spring-asking-price-surge","featured":false,"feature_image":"https://multiply.ghost.io/content/images/2021/04/Frame-100-1.png","excerpt":"Rightmove has reported that asking prices jumped by 2.1% in April 2021.","custom_excerpt":"Rightmove has reported that asking prices jumped by 2.1% in April 2021.","created_at_pretty":"19 April, 2021","published_at_pretty":"19 April, 2021","updated_at_pretty":"19 April, 2021","created_at":"2021-04-19T08:55:00.000+00:00","published_at":"2021-04-19T08:58:29.000+00:00","updated_at":"2021-04-19T08:58:29.000+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":"Tim Elder","slug":"tim","bio":null,"profile_image":null,"twitter":null,"facebook":null,"website":null}],"primary_author":{"name":"Tim Elder","slug":"tim","bio":null,"profile_image":null,"twitter":null,"facebook":null,"website":null},"primary_tag":null,"tags":[{"name":"#blog","slug":"hash-blog","description":null,"feature_image":null,"meta_description":null,"meta_title":null,"visibility":"internal"},{"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":"The 1-minute read to get all the money news \nplus expert adviser views.\n\nAsking price jump\nRightmove has reported that asking prices jumped\n[https://www.theguardian.com/business/2021/apr/19/uk-house-prices-surge-as-high-demand-meets-record-shortage-of-homes-for-sale] \nby 2.1% in April 2021. The surge is being attributed to several factors; banks\nnow offering mortgages that cover 95% of a purchase price, an extended stamp\nduty holiday, and a shortage of properties.\n\n\n\nCrypto crackdown\nDays after reaching a record high, Bitcoin prices slid by 15% on Sunday - the\nbiggest drop for two months\n[https://www.telegraph.co.uk/business/2021/04/18/bitcoin-plunges-us-crackdown-fears/]\n. Reports linked the drop to speculation that the US Treasury will crack down on\nmoney laundering via digital assets.\n\n\n\nBank backs breakaway league\nSix English football teams announced plans to join a breakaway European Super\nLeague\n[https://www.cityam.com/six-english-football-clubs-set-to-join-new-european-super-league/]\n. JP Morgan has backed the new venture with $6bn, which is set to be joined by\nthe likes of Arsenal, Chelsea, Liverpool, Manchester City, Manchester United and\nTottenham.\n\n\nJust what the doctor ordered\nA pilot scheme in London will see GPs prescribing financial advice\n[https://www.theguardian.com/society/2021/apr/18/gps-to-prescribe-financial-advice-to-patients-with-long-term-conditions] \nto help people with long-term health conditions. Patients will be helped to\npaydown debts, obtain grants, and claim benefits. The chief executive of one of\nthe groups behind this initiative explained that “debt, money worries, and\nfinancial insecurity can have a profound effect on our physical and mental\nhealth”.","html":"The 1-minute read to get all the money news
plus expert adviser views.
Rightmove has reported that asking prices jumped by 2.1% in April 2021. The surge is being attributed to several factors; banks now offering mortgages that cover 95% of a purchase price, an extended stamp duty holiday, and a shortage of properties.
![](\"https://multiply.ghost.io/content/images/2021/04/Frame-103.png\")
Days after reaching a record high, Bitcoin prices slid by 15% on Sunday - the biggest drop for two months. Reports linked the drop to speculation that the US Treasury will crack down on money laundering via digital assets.
![](\"https://multiply.ghost.io/content/images/2021/04/Frame-112.png\")
Six English football teams announced plans to join a breakaway European Super League. JP Morgan has backed the new venture with $6bn, which is set to be joined by the likes of Arsenal, Chelsea, Liverpool, Manchester City, Manchester United and Tottenham.
A pilot scheme in London will see GPs prescribing financial advice to help people with long-term health conditions. Patients will be helped to paydown debts, obtain grants, and claim benefits. The chief executive of one of the groups behind this initiative explained that “debt, money worries, and financial insecurity can have a profound effect on our physical and mental health”.
![](\"https://multiply.ghost.io/content/images/2021/04/Frame-113.png\")
The 1-minute read to get all the money news
plus expert adviser views.
Last week, the UK saw 181,000 new job openings - the highest number since the pandemic began. That’s been followed by a further 140,000 this week, meaning that there are 1.37 million active adverts in the UK. Thanks to the vaccine rollout being on track, experts believe this trend will continue as business confidence rises.
Robinhood has rebuffed claims that it put restrictions on crypto trading, instead claiming technical issues. This came as Dogecoin rallied to all-time highs, benefiting from Elon Musk’s tweets and the listing of crypto exchange Coinbase. Robinhood controversially placed restrictions on cryptocurrencies in January this year, in response to “extraordinary market conditions”. Regulators are now seeking to revoke Robinhood's brokerage license, on the basis that they “lured” young and inexperienced investors.
The boss of travel company TUI shared that they had 2.8 million bookings in March, and expect to operate up to 75% of their normal summer schedule. They have suffered heavy losses during the pandemic, and borrowed billions from the German government to stay afloat.
Marks & Spencer has lodged an intellectual property claim with the High Court, arguing that Aldi’s Cuthbert the Caterpillar cake infringes its Colin the Caterpillar trademark. M&S was the first retailer to sell a caterpillar cake, but others have followed, including Waitrose, Sainsbury’s, Tesco, and Asda.
","url":"https://multiply.ghost.io/best-week-for-job-postings/","uuid":"53f389c7-1afd-4536-bb15-e9d18bb8521b","page":null,"codeinjection_foot":null,"codeinjection_head":null,"codeinjection_styles":null,"comment_id":"6079523e5f52a1003b1db840"}},{"node":{"id":"Ghost__Post__6077f8535f52a1003b1db828","title":"No stamp duty - ever?","slug":"no-stamp-duty-ever","featured":false,"feature_image":"https://multiply.ghost.io/content/images/2021/04/424.png","excerpt":"Plus: drink sales soared on Monday, 500 British Gas engineers lose jobs, and charities urge donors to call ahead.","custom_excerpt":"Plus: drink sales soared on Monday, 500 British Gas engineers lose jobs, and charities urge donors to call ahead.","created_at_pretty":"15 April, 2021","published_at_pretty":"15 April, 2021","updated_at_pretty":"15 April, 2021","created_at":"2021-04-15T08:24:51.000+00:00","published_at":"2021-04-15T08:52:34.000+00:00","updated_at":"2021-04-15T08:52:34.000+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":"#blog","slug":"hash-blog","description":null,"feature_image":null,"meta_description":null,"meta_title":null,"visibility":"internal"},{"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":"The 1-minute read to get all the money news \nplus expert adviser views.\n\nPermanent holiday?\nThe stamp duty holiday should be made permanent\n[https://www.telegraph.co.uk/business/2021/04/14/make-stamp-duty-cut-permanent-says-oecd/]\n*, according to the Organisation for Economic Co-operation and Development\n(OECD). It says the property tax should be cut as part of a post-pandemic\noverhaul to make it easier for people to move jobs. The UK has the highest\nproperty taxes of all 37 OECD member countries - in 2019, the government got £91\nbillion from taxing property - that’s 12% of its revenues.\n\nCheers\nDrink sales soared on Monday\n[https://www.theguardian.com/business/2021/apr/14/reopened-pubs-and-restaurants-england-see-drinks-sales-soar-over-equivalent-monday-covid-pandemic-struck]\n, with pub gardens doing a roaring trade despite the snow. As hospitality\nreopened for the first time time since December, landlords described a\nChristmas-like vibe - and sold more than twice as much booze as they normally\nwould on a Monday.\n\nBritish Gas row\nAround 500 engineers have lost their jobs\n[https://www.cityam.com/mass-sacking-at-british-gas-as-hundreds-of-engineers-lose-job-amid-contract-row/] \nafter refusing to sign new contracts which they say would cut their pay by 15%.\nThe row has been going on for weeks, with many engineers going on strike to\nprotest the changes to their contracts.\n\nCall before donating\nCharities have urged the public to call ahead before dropping off donations\n[https://www.bbc.co.uk/news/business-56746310] at shops. Lockdown clear-outs\nhave left many people with plenty to give away, raising concerns that pent-up\ndonations will cause overcrowding. Charity shops have seen record sales this\nweek, as non-essential retail reopens after lockdown.","html":"The 1-minute read to get all the money news
plus expert adviser views.
The stamp duty holiday should be made permanent*, according to the Organisation for Economic Co-operation and Development (OECD). It says the property tax should be cut as part of a post-pandemic overhaul to make it easier for people to move jobs. The UK has the highest property taxes of all 37 OECD member countries - in 2019, the government got £91 billion from taxing property - that’s 12% of its revenues.
![](\"https://multiply.ghost.io/content/images/2021/04/image-8.png\")
Drink sales soared on Monday, with pub gardens doing a roaring trade despite the snow. As hospitality reopened for the first time time since December, landlords described a Christmas-like vibe - and sold more than twice as much booze as they normally would on a Monday.
Around 500 engineers have lost their jobs after refusing to sign new contracts which they say would cut their pay by 15%. The row has been going on for weeks, with many engineers going on strike to protest the changes to their contracts.
Charities have urged the public to call ahead before dropping off donations at shops. Lockdown clear-outs have left many people with plenty to give away, raising concerns that pent-up donations will cause overcrowding. Charity shops have seen record sales this week, as non-essential retail reopens after lockdown.
","url":"https://multiply.ghost.io/no-stamp-duty-ever/","uuid":"23d2aaab-8b45-41c4-9d3b-1f4b92acf044","page":null,"codeinjection_foot":null,"codeinjection_head":null,"codeinjection_styles":null,"comment_id":"6077f8535f52a1003b1db828"}},{"node":{"id":"Ghost__Post__6076a7a15f52a1003b1db7de","title":"Black youth unemployment hits 35%","slug":"black-youth-unemployment-hits-35","featured":false,"feature_image":"https://multiply.ghost.io/content/images/2021/04/423.png","excerpt":"Plus: Newquay named UK’s hottest property market, Foxtons revenues rise 5% while Tesco takes a 20% profit hit.","custom_excerpt":"Plus: Newquay named UK’s hottest property market, Foxtons revenues rise 5% while Tesco takes a 20% profit hit.","created_at_pretty":"14 April, 2021","published_at_pretty":"14 April, 2021","updated_at_pretty":"14 April, 2021","created_at":"2021-04-14T08:28:17.000+00:00","published_at":"2021-04-14T08:38:48.000+00:00","updated_at":"2021-04-14T08:46:55.000+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":"#blog","slug":"hash-blog","description":null,"feature_image":null,"meta_description":null,"meta_title":null,"visibility":"internal"},{"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":"Pandemic job losses\nThe unemployment rate among young black people has risen by a third\n[https://www.bbc.co.uk/news/business-56737929] over the past year to hit 35%,\naccording to the Resolution Foundation. It’s 13% among white youth and 24% for\nthose of Asian descent. The think tank says job losses from coronavirus have\nwidened inequalities between ethnic groups and have hit young people hardest as\nthey’re more likely to work in locked down sectors like hospitality and leisure.\n\nHottest property market\nRightmove has named Newquay as the hottest property market in the UK, where 8\nout of 10 homes for sale have been snapped up\n[https://www.bbc.co.uk/news/business-56734468] since the start of the year.\nBirmingham city centre is at the bottom of the table, with just 2 in 10 homes\nsold in 2021. The property site says the data reflects a trend for moving rural\n- Cornwall has recently overtaken London as its most searched for area.\n\nFoxtons’ doing all right\nFoxtons has seen its takings jump 5%\n[https://www.cityam.com/foxtons-sees-revenues-rocket-amid-stamp-duty-driven-housing-boom/] \nin the first 3 months of the year, amid climbing house prices and rocketing\nsales volumes. It’s one of the largest estate agents in the country and reckons\nit’s their best start to a year for a long time.\n\nTesco profits stall\nTesco has seen its profits slide 20%\n[https://news.sky.com/story/tesco-counts-cost-of-pandemic-as-profits-slide-20-despite-exceptional-sales-12275048] \nfor the year to 27th February, despite strong sales throughout a year\ncharacterised by lockdows and stockpiling. The supermarket paid out £892 million\nin extra coronavirus costs, including bonuses for its staff.","html":"The unemployment rate among young black people has risen by a third over the past year to hit 35%, according to the Resolution Foundation. It’s 13% among white youth and 24% for those of Asian descent. The think tank says job losses from coronavirus have widened inequalities between ethnic groups and have hit young people hardest as they’re more likely to work in locked down sectors like hospitality and leisure.
Rightmove has named Newquay as the hottest property market in the UK, where 8 out of 10 homes for sale have been snapped up since the start of the year. Birmingham city centre is at the bottom of the table, with just 2 in 10 homes sold in 2021. The property site says the data reflects a trend for moving rural - Cornwall has recently overtaken London as its most searched for area.
Foxtons has seen its takings jump 5% in the first 3 months of the year, amid climbing house prices and rocketing sales volumes. It’s one of the largest estate agents in the country and reckons it’s their best start to a year for a long time.
Tesco has seen its profits slide 20% for the year to 27th February, despite strong sales throughout a year characterised by lockdows and stockpiling. The supermarket paid out £892 million in extra coronavirus costs, including bonuses for its staff.
","url":"https://multiply.ghost.io/black-youth-unemployment-hits-35/","uuid":"7fd3f35f-104d-49af-a568-1ab18df745cb","page":null,"codeinjection_foot":null,"codeinjection_head":null,"codeinjection_styles":null,"comment_id":"6076a7a15f52a1003b1db7de"}},{"node":{"id":"Ghost__Post__6074064d5f52a1003b1db7c5","title":"Pubs are open","slug":"pubs-are-open","featured":false,"feature_image":"https://multiply.ghost.io/content/images/2021/04/421.png","excerpt":"Plus: business confidence soars and housebuilders removing negative reviews.","custom_excerpt":"Plus: business confidence soars and housebuilders removing negative reviews.","created_at_pretty":"12 April, 2021","published_at_pretty":"12 April, 2021","updated_at_pretty":"12 April, 2021","created_at":"2021-04-12T08:35:25.000+00:00","published_at":"2021-04-12T09:39:06.000+00:00","updated_at":"2021-04-12T09:39:24.000+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":"#blog","slug":"hash-blog","description":null,"feature_image":null,"meta_description":null,"meta_title":null,"visibility":"internal"},{"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":"The 1-minute read to get all the money news plus expert adviser views.\n\nEngland unlocks\nPub gardens, shops, hairdressers and gyms in England open their doors\n[https://www.reuters.com/article/uk-health-coronavirus-britain-idUSKBN2BY0RU] \ntoday as lockdown restrictions ease. Eager shoppers queued outside retailers as\nthe sun rose on Monday morning, and others seized on midnight pints and\nhaircuts. \n\nBack in business\nOptimism among business bosses is at a record high\n[https://www.theguardian.com/business/2021/apr/12/optimism-business-uk-leaders-record-high-bounceback] \non hopes that Brits will go on a summer spending spree after getting out of\nlockdown. Surveys by Deloitte and the Federation of Small Businesses show\nconfidence soaring to highs not seen since 2014, with firms planning to hire and\ninvest more than they have for 6 years. A third by NatWest found that business\nactivity is booming in almost every region of the country.\n\nHousebuilders remove bad reviews\nBarratt, Bellway and Taylor Wimpey have removed hundreds of negative reviews\n[https://www.telegraph.co.uk/money/consumer-affairs/housebuilders-deleting-negative-online-reviews-boost-scores/]\n* from unhappy customers including some from victims of the cladding scandal.\nAll 3 housebuilders have average scores of 4 or more on Trustpilot, but can\nremove any critical reviews which are deemed to be fake or biased.\n\n\n*this article may need a subscription to read","html":"The 1-minute read to get all the money news plus expert adviser views.
Pub gardens, shops, hairdressers and gyms in England open their doors today as lockdown restrictions ease. Eager shoppers queued outside retailers as the sun rose on Monday morning, and others seized on midnight pints and haircuts.
Optimism among business bosses is at a record high on hopes that Brits will go on a summer spending spree after getting out of lockdown. Surveys by Deloitte and the Federation of Small Businesses show confidence soaring to highs not seen since 2014, with firms planning to hire and invest more than they have for 6 years. A third by NatWest found that business activity is booming in almost every region of the country.
Barratt, Bellway and Taylor Wimpey have removed hundreds of negative reviews* from unhappy customers including some from victims of the cladding scandal. All 3 housebuilders have average scores of 4 or more on Trustpilot, but can remove any critical reviews which are deemed to be fake or biased.
![](\"https://multiply.ghost.io/content/images/2021/04/image-7.png\")
*this article may need a subscription to read
","url":"https://multiply.ghost.io/pubs-are-open/","uuid":"a6f15082-2c45-4988-8b45-1eec077210d2","page":null,"codeinjection_foot":null,"codeinjection_head":null,"codeinjection_styles":null,"comment_id":"6074064d5f52a1003b1db7c5"}},{"node":{"id":"Ghost__Post__60700c1a5f52a1003b1db7a4","title":"Maybe book a holiday?","slug":"maybe-book-holiday","featured":false,"feature_image":"https://multiply.ghost.io/content/images/2021/04/420.png","excerpt":"Plus: thousands of steel jobs at risk, and digital sterling plans for City.","custom_excerpt":"Plus: thousands of steel jobs at risk, and digital sterling plans for City.","created_at_pretty":"09 April, 2021","published_at_pretty":"09 April, 2021","updated_at_pretty":"09 April, 2021","created_at":"2021-04-09T08:11:06.000+00:00","published_at":"2021-04-09T08:19:39.000+00:00","updated_at":"2021-04-09T17:53:33.000+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":"#blog","slug":"hash-blog","description":null,"feature_image":null,"meta_description":null,"meta_title":null,"visibility":"internal"},{"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":"The 1-minute read to get all the money news plus expert adviser views.\n\nTravel might be allowed\nHolidays abroad might be back on the cards for this summer\n[https://www.bbc.co.uk/news/business-56682226], with tests and a traffic light\nsystem to manage the risks. Going to \"green\" countries will need a test but no\nquarantine, \"amber\" will mean quarantine at home, and \"red\" countries will\nrequire a 10-day hotel quarantine. The travel industry is concerned about the\ncost of testing, and says the £100 PCR rest will make holidays unaffordable for\nmany. We’ll find out next month whether international travel will restart on\n17th May.\n\nSteel jobs at risk\nThousands of jobs across British steel works are at risk\n[https://www.thisismoney.co.uk/money/markets/article-9446501/Fears-British-steel-jobs-Guptas-Australian-business-crumbles.html]\n, as Liberty Steel owner Sanjeev Gupta faces issues in Australia. The tycoon has\nbeen left struggling for cash after his main backer, Greensill Capital, went\nunder last month. Now, 2 of his Australian businesses may be shut down, which\nwould put his operations, including 4 UK steel plants, at risk.\n\nDigital pound\nA digital version of sterling could help boost London as a financial hub\n[https://www.reuters.com/article/uk-britain-finance-idUSKBN2BW0L3] according to\nthink than CityUnited Project. The government is out to make the capital more\nattractive to traders, after Amsterdam overtook London as Europe’s share trading\ncentre. A central bank digital currency (CBDC) would be based on blockchain, the\ntech that underpins Bitcoin, and could bring benefits like lower costs.","html":"The 1-minute read to get all the money news plus expert adviser views.
Holidays abroad might be back on the cards for this summer, with tests and a traffic light system to manage the risks. Going to \"green\" countries will need a test but no quarantine, \"amber\" will mean quarantine at home, and \"red\" countries will require a 10-day hotel quarantine. The travel industry is concerned about the cost of testing, and says the £100 PCR rest will make holidays unaffordable for many. We’ll find out next month whether international travel will restart on 17th May.
![](\"https://multiply.ghost.io/content/images/2021/04/image-6.png\")
Thousands of jobs across British steel works are at risk, as Liberty Steel owner Sanjeev Gupta faces issues in Australia. The tycoon has been left struggling for cash after his main backer, Greensill Capital, went under last month. Now, 2 of his Australian businesses may be shut down, which would put his operations, including 4 UK steel plants, at risk.
A digital version of sterling could help boost London as a financial hub according to think than CityUnited Project. The government is out to make the capital more attractive to traders, after Amsterdam overtook London as Europe’s share trading centre. A central bank digital currency (CBDC) would be based on blockchain, the tech that underpins Bitcoin, and could bring benefits like lower costs.
","url":"https://multiply.ghost.io/maybe-book-holiday/","uuid":"cc5663af-d825-46b4-8fa0-a16df1bf8b55","page":null,"codeinjection_foot":null,"codeinjection_head":null,"codeinjection_styles":null,"comment_id":"60700c1a5f52a1003b1db7a4"}},{"node":{"id":"Ghost__Post__606ecb495f52a1003b1db788","title":"\"Lottery-winning\" pension payouts?","slug":"lottery-winning-pension-payouts","featured":false,"feature_image":"https://multiply.ghost.io/content/images/2021/04/419.png","excerpt":"Plus: housing market still booming, UK companies on a hiring spree, same clothes, different prices.","custom_excerpt":"Plus: housing market still booming, UK companies on a hiring spree, same clothes, different prices.","created_at_pretty":"08 April, 2021","published_at_pretty":"08 April, 2021","updated_at_pretty":"08 April, 2021","created_at":"2021-04-08T09:22:17.000+00:00","published_at":"2021-04-08T09:30:05.000+00:00","updated_at":"2021-04-08T09:47:09.000+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":"#blog","slug":"hash-blog","description":null,"feature_image":null,"meta_description":null,"meta_title":null,"visibility":"internal"},{"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":"The 1-minute read to get all the money news plus expert adviser views.\n\nWomen could be owed thousands\nWomen pensioners on £1-a-week State Pensions could be owed tens of thousands\n[https://www.bbc.co.uk/news/business-56654665]. Retirees who haven’t built up\nenough National Insurance contributions aren’t entitled to the State Pension.\nBut there’s an exception for married women, entitling them to extra cash. Up to\n5,000 women could be owed huge refunds from the government, after years of\nunderpayments.\n\nHousing market still booming\nThe stamp duty holiday extension is pushing up house prices\n[https://www.reuters.com/article/uk-britain-economy-houseprices-idUSKBN2BU3K4] \nonce again, according to the Royal Institute for Chartered Surveyors (RICS).\nActivity was slowing down before the March announcement, which extended the tax\nbreak until June for anyone buying a home under £500,000. RICS also reckons\nprices will continue to rise, with demand for homes continuing to outstrip\nsupply.\n\nHiring spree\nUK companies have stepped up hiring efforts\n[https://www.reuters.com/article/uk-britain-economy-jobs-idUSKBN2BV003] and are\noffering juicer pay, according to the Recruitment and Employment Confederation.\nThey’re recruiting at the fastest rate in 6 years, with the vaccine rollout\ngoing strong and lockdown restrictions set to loosen up on schedule. Who’s\ngetting hired? Nurses, IT workers and finance people apparently.\n\nBoohoo bargains?\nIf you need a new coat, better go to Dorothy Perkins. It would set you back £55\n- but the same one cost £89 at Coast\n[https://www.bbc.co.uk/news/business-56653060]. The online retailer has been\naccused of charging different prices for the same clothes across its shops.\nBoohoo, who bought both brands when the retailers went under, says the price\ndifferences were a mistake and have been fixed.","html":"The 1-minute read to get all the money news plus expert adviser views.
Women pensioners on £1-a-week State Pensions could be owed tens of thousands. Retirees who haven’t built up enough National Insurance contributions aren’t entitled to the State Pension. But there’s an exception for married women, entitling them to extra cash. Up to 5,000 women could be owed huge refunds from the government, after years of underpayments.
![](\"https://multiply.ghost.io/content/images/2021/04/image-3.png\")
The stamp duty holiday extension is pushing up house prices once again, according to the Royal Institute for Chartered Surveyors (RICS). Activity was slowing down before the March announcement, which extended the tax break until June for anyone buying a home under £500,000. RICS also reckons prices will continue to rise, with demand for homes continuing to outstrip supply.
UK companies have stepped up hiring efforts and are offering juicer pay, according to the Recruitment and Employment Confederation. They’re recruiting at the fastest rate in 6 years, with the vaccine rollout going strong and lockdown restrictions set to loosen up on schedule. Who’s getting hired? Nurses, IT workers and finance people apparently.
If you need a new coat, better go to Dorothy Perkins. It would set you back £55 - but the same one cost £89 at Coast. The online retailer has been accused of charging different prices for the same clothes across its shops. Boohoo, who bought both brands when the retailers went under, says the price differences were a mistake and have been fixed.
","url":"https://multiply.ghost.io/lottery-winning-pension-payouts/","uuid":"feba0378-4424-4710-9a6f-fef90d31639e","page":null,"codeinjection_foot":null,"codeinjection_head":null,"codeinjection_styles":null,"comment_id":"606ecb495f52a1003b1db788"}},{"node":{"id":"Ghost__Post__606d7f9c5f52a1003b1db76a","title":"Moderna jab rollout starts","slug":"moderna-jab-rollout-starts","featured":false,"feature_image":"https://multiply.ghost.io/content/images/2021/04/418.png","excerpt":"Plus: UK economy set to grow 5.3%, pubs push back against jab passports, Bezos and Musk top Forbes rich list.","custom_excerpt":"Plus: UK economy set to grow 5.3%, pubs push back against jab passports, Bezos and Musk top Forbes rich list.","created_at_pretty":"07 April, 2021","published_at_pretty":"07 April, 2021","updated_at_pretty":"07 April, 2021","created_at":"2021-04-07T09:47:08.000+00:00","published_at":"2021-04-07T09:52:27.000+00:00","updated_at":"2021-04-07T09:52:27.000+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":"#blog","slug":"hash-blog","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":"The 1-minute read to get all the money news plus expert adviser views.\n\nFirst Moderna jab\nThe third coronavirus vaccine will be rolled out across Wales from today, after\nthe first Moderna supplies arrived. The jab was approved back in January and the\nUK has ordered 17 million doses in total. It’s good timing - delays to shipments\nof the Oxford-AstraZeneca vaccine means we’ll have fewer doses available in\nApril.\n\nGrowth forecast raised\nThe International Monetary Fund (IMF) has said the UK economy will grow 5.3% in\n2021 [https://www.reuters.com/article/uk-imf-worldbank-britain-idUSKBN2BT1JE],\nafter last year’s record slump. That’s higher than its previous prediction of\n4.5%, and means we’re set to outpace the Eurozone economy. It also reckons UK\nGDP will get back to its pre-pandemic size by 2022.\n\nVaccine passport backlash\nPubs, restaurants, and nightclubs have hit back against\n[https://www.theguardian.com/business/2021/apr/06/pubs-and-clubs-attack-uk-covid-passport-scheme] \npossible plans to check punters’ Covid status on entry. They feel the\nhospitality sector is being unfairly targeted, and say the plans would lose them\nmoney. The government is still considering the possibility of a scheme to show\nproof of a vaccine dose, a recent negative test, or antibodies from having\ncoronavirus.\n\nRich list\nJeff Bezos and Elon Musk top the Forbes rich list\n[https://www.telegraph.co.uk/business/2021/04/06/billionaires-wealth-grows-despite-pandemic/]\n*, while Donald Trump has fallen 300 places after losing $1 billion during his\ntime in office. Others did better; 86% of billionaires have got richer during\nthe pandemic\n\n*this article may need a subscription to read","html":"The 1-minute read to get all the money news plus expert adviser views.
The third coronavirus vaccine will be rolled out across Wales from today, after the first Moderna supplies arrived. The jab was approved back in January and the UK has ordered 17 million doses in total. It’s good timing - delays to shipments of the Oxford-AstraZeneca vaccine means we’ll have fewer doses available in April.
The International Monetary Fund (IMF) has said the UK economy will grow 5.3% in 2021, after last year’s record slump. That’s higher than its previous prediction of 4.5%, and means we’re set to outpace the Eurozone economy. It also reckons UK GDP will get back to its pre-pandemic size by 2022.
Pubs, restaurants, and nightclubs have hit back against possible plans to check punters’ Covid status on entry. They feel the hospitality sector is being unfairly targeted, and say the plans would lose them money. The government is still considering the possibility of a scheme to show proof of a vaccine dose, a recent negative test, or antibodies from having coronavirus.
Jeff Bezos and Elon Musk top the Forbes rich list*, while Donald Trump has fallen 300 places after losing $1 billion during his time in office. Others did better; 86% of billionaires have got richer during the pandemic
*this article may need a subscription to read
","url":"https://multiply.ghost.io/moderna-jab-rollout-starts/","uuid":"9fdba0b8-602d-4601-8ae3-0d4880b60593","page":null,"codeinjection_foot":null,"codeinjection_head":null,"codeinjection_styles":null,"comment_id":"606d7f9c5f52a1003b1db76a"}},{"node":{"id":"Ghost__Post__606c16f25f52a1003b1db756","title":"Pub plans go ahead","slug":"pub-plans-go-ahead","featured":false,"feature_image":"https://multiply.ghost.io/content/images/2021/04/417.png","excerpt":"Plus: Boris Johnson says don’t book a holiday, sick pay rises by 50p, and Unity Mutual fixed rate LISA launches.","custom_excerpt":"Plus: Boris Johnson says don’t book a holiday, sick pay rises by 50p, and Unity Mutual fixed rate LISA launches.","created_at_pretty":"06 April, 2021","published_at_pretty":"06 April, 2021","updated_at_pretty":"06 April, 2021","created_at":"2021-04-06T08:08:18.000+00:00","published_at":"2021-04-06T08:32:25.000+00:00","updated_at":"2021-04-06T08:32:25.000+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":"#blog","slug":"hash-blog","description":null,"feature_image":null,"meta_description":null,"meta_title":null,"visibility":"internal"},{"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":"The 1-minute to read to get expert adviser views on all the money news.\n\nOn track for 12th April\nThe next step out of England’s lockdown will go ahead as planned on 12th April\n[about:blank]. Yesterday, Boris Johnson confirmed pubs and restaurants will\nstart serving outside and gyms and hairdressers will open their doors. He also\nsaid vaccine passports could be a feature of our social lives in the future -\nbut not yet. The government is looking into it and they will be trialled at\nevents like the FA cup semi final.\n\n“Don’t book a holiday”\nBrits shouldn’t book a summer holiday abroad yet, according to Boris Johnson’s\nlatest update. With cases rising in many countries, the ban on international\ntravel might not be lifted on 17th May\n[https://www.cityam.com/boris-johnson-tells-england-to-not-book-summer-holidays-abroad-yet-as-traffic-light-system-confirmed/] \nafter all. We’ll get full details of the government’s review by the end of the\nweek.\n\nSick pay rise\nStatutory sick pay rises today - but only by 50p [about:blank]. It’s now £96.35\na week. Unions say it’s too little to live on, and that low sick pay has meant\npeople can’t afford to self-isolate if they develop coronavirus symptoms. They\nwant sick pay to rise in line with the national living wage, which is now £8.91\nfor people over 23.\n\nStart the tax year right\nUnity Mutual’s 12-month fixed rate Lifetime ISA launches today, offering 1.5%\ninterest\n[https://www.express.co.uk/finance/personalfinance/1417855/isa-new-lifetime-account-market-leading-interest-rate] \non the entire balance for the whole year - guaranteed. It’s the first day of the\nnew tax year, meaning ISA allowances have been renewed. You can save up to\n£4,000 a year into a Lifetime ISA and get up to £1,000 government bonus. Plus,\nif you open the Unity Mutual account through Multiply, you’ll get a £20 welcome\nbonus.","html":"The 1-minute to read to get expert adviser views on all the money news.
The next step out of England’s lockdown will go ahead as planned on 12th April. Yesterday, Boris Johnson confirmed pubs and restaurants will start serving outside and gyms and hairdressers will open their doors. He also said vaccine passports could be a feature of our social lives in the future - but not yet. The government is looking into it and they will be trialled at events like the FA cup semi final.
Brits shouldn’t book a summer holiday abroad yet, according to Boris Johnson’s latest update. With cases rising in many countries, the ban on international travel might not be lifted on 17th May after all. We’ll get full details of the government’s review by the end of the week.
Statutory sick pay rises today - but only by 50p. It’s now £96.35 a week. Unions say it’s too little to live on, and that low sick pay has meant people can’t afford to self-isolate if they develop coronavirus symptoms. They want sick pay to rise in line with the national living wage, which is now £8.91 for people over 23.
Unity Mutual’s 12-month fixed rate Lifetime ISA launches today, offering 1.5% interest on the entire balance for the whole year - guaranteed. It’s the first day of the new tax year, meaning ISA allowances have been renewed. You can save up to £4,000 a year into a Lifetime ISA and get up to £1,000 government bonus. Plus, if you open the Unity Mutual account through Multiply, you’ll get a £20 welcome bonus.
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