![](\"https://multiply.ghost.io/content/images/2021/02/image-5.png\")
The 1-minute read to get the money news you need.
The government is set to announce billions in extra funding to remove flammable cladding from high rise homes. 3 years on from the Grenfell Tower fire, over 700,000 people are still living in buildings with flammable cladding - and the crisis has left homeowners with huge bills for its removal. Last year, the government pledged £1.6 billion to pay for repairs - but a committee of MPs later estimated that the total cost could run to £15 billion.
Bars and pubs are clamouring to know when they’ll be able to reopen. The British Beer and Pub Association (BBPA) has warned that thousands of watering holes are deep in debt and could be lost for good, after takings more than halved last year. The government has said it’ll share its plan for reopening the economy on 22nd February.
Fancy spider crab for starters? How about megrim fish for main? You might prefer Cornish King crab followed by Cornish sole. Both abundant in our waters, but the vast majority of the catch is exported to Europe. That’s become trickier since Brexit, so the fish are getting shiny new names to help them appeal to British diners.
","url":"https://multiply.ghost.io/extra-cash-for-cladding-crisis/","uuid":"c50465b1-55e1-4cbe-955b-3aa187d67c65","page":null,"codeinjection_foot":null,"codeinjection_head":null,"codeinjection_styles":null,"comment_id":"6023a25e544db0003996d262"}},{"node":{"id":"Ghost__Post__60224971e66d820039d395a5","title":"Triple testing for arrivals","slug":"double-testing-for-arrivals","featured":false,"feature_image":"https://multiply.ghost.io/content/images/2021/02/minute-379.png","excerpt":"Travellers arriving in the UK will need to take two coronavirus tests during their 10-day quarantine.","custom_excerpt":"Travellers arriving in the UK will need to take two coronavirus tests during their 10-day quarantine.","created_at_pretty":"09 February, 2021","published_at_pretty":"09 February, 2021","updated_at_pretty":"09 February, 2021","created_at":"2021-02-09T08:36:01.000+00:00","published_at":"2021-02-09T08:41:57.000+00:00","updated_at":"2021-02-09T08:49:18.000+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 the money news you need.\n\nExtra testing\nTravellers arriving in the UK will need to take two coronavirus tests\n[https://www.bbc.co.uk/news/business-55989921] during their 10-day quarantine.\nThat’s in addition to the negative test they need to show at the other end,\nbefore getting on the plane, train, or boat. It’s hoped that the extra rules\nwill help to prevent new variants of the virus from getting into the country.\n\nLean January\nConsumer spending was down 16.3% last month\n[https://www.reuters.com/article/us-health-coronavirus-britain-economy-idUSKBN2A9018] \ncompared to January 2020, according to Barclaycard. The credit card provider\nsaid it was the steepest decline in spending since May last year. We spent 73%\nmore on takeaways and online shopping - but it couldn’t make up for not being\nable to go to pubs or restaurants, or book holidays.\n\nWorse for women?\nThe economic impact of coronavirus has widened inequalities between men and\nwomen\n[https://news.sky.com/story/covid-19-economic-impact-worsens-inequalities-faced-by-women-report-12212859]\n, according to a report by a cross-party group of MPs. The report reckons that\ngovernment support for the economy has helped men more than women. The impacts\nare down to existing differences - for example, women are more likely to work in\nshut-down sectors like retail and hospitality, and to have part-time or zero\nhours contracts.\n\nGold beef\nA London chef has taken flak\n[https://inews.co.uk/inews-lifestyle/food-and-drink/london-chef-defends-his-50-beef-and-gold-leaf-sandwiches-after-being-called-out-on-social-media-863078] \nfor his gourmet takeaway sandwiches that cost up to £50 and feature luxury\ningredients like rib-eye steak wrapped in edible gold leaf. He’s doing a roaring\ntrade in west London, delivering his creations in a black Mercedes.","html":"The 1-minute read to get the money news you need.
Travellers arriving in the UK will need to take two coronavirus tests during their 10-day quarantine. That’s in addition to the negative test they need to show at the other end, before getting on the plane, train, or boat. It’s hoped that the extra rules will help to prevent new variants of the virus from getting into the country.
Consumer spending was down 16.3% last month compared to January 2020, according to Barclaycard. The credit card provider said it was the steepest decline in spending since May last year. We spent 73% more on takeaways and online shopping - but it couldn’t make up for not being able to go to pubs or restaurants, or book holidays.
The economic impact of coronavirus has widened inequalities between men and women, according to a report by a cross-party group of MPs. The report reckons that government support for the economy has helped men more than women. The impacts are down to existing differences - for example, women are more likely to work in shut-down sectors like retail and hospitality, and to have part-time or zero hours contracts.
A London chef has taken flak for his gourmet takeaway sandwiches that cost up to £50 and feature luxury ingredients like rib-eye steak wrapped in edible gold leaf. He’s doing a roaring trade in west London, delivering his creations in a black Mercedes.
","url":"https://multiply.ghost.io/double-testing-for-arrivals/","uuid":"05f6fa37-a135-4454-95c8-46aa9862dc29","page":null,"codeinjection_foot":null,"codeinjection_head":null,"codeinjection_styles":null,"comment_id":"60224971e66d820039d395a5"}},{"node":{"id":"Ghost__Post__602105d1b58970003909d69d","title":"Rishi ponders \"Amazon tax\"","slug":"rishi-ponders-amazon-tax","featured":false,"feature_image":"https://multiply.ghost.io/content/images/2021/02/minute-378.png","excerpt":"Online retailers like Amazon could face a new tax levied by the government to help pay back its coronavirus debts.","custom_excerpt":"Online retailers like Amazon could face a new tax levied by the government to help pay back its coronavirus debts.","created_at_pretty":"08 February, 2021","published_at_pretty":"08 February, 2021","updated_at_pretty":"08 February, 2021","created_at":"2021-02-08T09:35:13.000+00:00","published_at":"2021-02-08T09:36:45.000+00:00","updated_at":"2021-02-08T09:36:45.000+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":"Tax on online shops\nOnline retailers like Amazon could face a new tax\n[https://news.sky.com/story/rishi-sunak-considering-amazon-tax-to-claw-back-pandemic-borrowing-from-online-retailers-who-profited-12211857] \nlevied by the government to help pay back its coronavirus debts. Amazon’s UK\nsales soared 51% to almost £20 billion last year thanks to a nationwide online\nshopping spree. Chancellor Rishi Sunak is considering targeting companies that\nhave done well out of lockdown to help pay for the government support given to\nhard hit industries.\n\nBorrowing for survival\nBritish businesses are getting deeper into debt\n[https://www.theguardian.com/business/2021/feb/08/debt-levels-soar-for-business-as-uk-economy-struggles-to-recover-from-covid] \njust to survive, according to accountancy firm EY. They’re worried it could hold\nback the UK’s economic recovery, if businesses are forced to focus on making\nrepayments rather than investing in growth. The government has given companies\nmore time to repay state-backed loans in a bid to try and boost those that are\nstruggling.\n\nBoohoo seals deal\nBoohoo has agreed a deal\n[https://news.sky.com/story/boohoo-to-pay-25m-to-complete-the-break-up-of-sir-philip-greens-arcadia-12212155] \nto buy Dorothy Perkins, Wallis, and Burton - the final 3 brands from the\ncollapsed Arcadia retail group. The deal includes the shops’ stock, brands and\nonline business, but not the shops. The brands will disappear from the high\nstreet and most of the 2,450 staff will face redundancy.\n\nHousehold “stimulus package”\nUK savers have put away £170 billion\n[https://www.telegraph.co.uk/business/2021/02/07/households-driving-seat-savings-glut-stokes-recovery-hopes/]\n* in extra cash since the start of the pandemic, according to HSBC economists.\nPeople who have kept their income but spent less in lockdown have been able to\nput a bit more aside. The extra cash is worth 8% of the UK’s pre-pandemic GDP.\nThe big question: how much will we spend, when we can?","html":"Online retailers like Amazon could face a new tax levied by the government to help pay back its coronavirus debts. Amazon’s UK sales soared 51% to almost £20 billion last year thanks to a nationwide online shopping spree. Chancellor Rishi Sunak is considering targeting companies that have done well out of lockdown to help pay for the government support given to hard hit industries.
British businesses are getting deeper into debt just to survive, according to accountancy firm EY. They’re worried it could hold back the UK’s economic recovery, if businesses are forced to focus on making repayments rather than investing in growth. The government has given companies more time to repay state-backed loans in a bid to try and boost those that are struggling.
Boohoo has agreed a deal to buy Dorothy Perkins, Wallis, and Burton - the final 3 brands from the collapsed Arcadia retail group. The deal includes the shops’ stock, brands and online business, but not the shops. The brands will disappear from the high street and most of the 2,450 staff will face redundancy.
UK savers have put away £170 billion* in extra cash since the start of the pandemic, according to HSBC economists. People who have kept their income but spent less in lockdown have been able to put a bit more aside. The extra cash is worth 8% of the UK’s pre-pandemic GDP. The big question: how much will we spend, when we can?
The 1-minute read to get the money news you need.
The Bank of England has predicted that after a tough winter, the economy will rebound in spring as the vaccine roll out starts to work its magic. It predicts the economy will shrink by 4.2% in the first 3 months of 2021. The Bank also told high street banks to prepare for negative interest rates. It ruled out cutting interest rates in the short term, but wants to keep it up its sleeve for the future.
![](\"https://multiply.ghost.io/content/images/2021/02/image-4.png\")
The government is booking rooms in hotel airports across the country ready to start using them for quarantine on the 15th February. Arrivals from 33 high-risk countries including South Africa and Brazil. They are expecting over 1,000 people a day to arrive and need a hotel room to stay in for the 10-day self isolation.
Energy prices will return to pre-pandemic levels from April, when the price cap will be lifted. The energy regulator Ofgem has confirmed that bills will rise by £96 per year for 11 million customers on default tariffs. People who have a prepayment metre will see an £87 increase.
","url":"https://multiply.ghost.io/bank-predicts-spring-bounceback/","uuid":"645198f8-4144-4b54-b7ee-f49b39b25082","page":null,"codeinjection_foot":null,"codeinjection_head":null,"codeinjection_styles":null,"comment_id":"601d15ce29c0f80039f358a7"}},{"node":{"id":"Ghost__Post__601bb7d6f9280c00390f5373","title":"Trade row in Northern Ireland","slug":"trade-row-in-northern-ireland","featured":false,"feature_image":"https://multiply.ghost.io/content/images/2021/02/minute-376.png","excerpt":"The UK and EU are in a fresh round of trade talks, after tension over post-Brexit checks at Northern Irish ports.","custom_excerpt":"The UK and EU are in a fresh round of trade talks, after tension over post-Brexit checks at Northern Irish ports.","created_at_pretty":"04 February, 2021","published_at_pretty":"04 February, 2021","updated_at_pretty":"04 February, 2021","created_at":"2021-02-04T09:01:10.000+00:00","published_at":"2021-02-04T09:19:02.000+00:00","updated_at":"2021-02-04T09:33:24.000+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 the money news you need.\n\nTrouble at the ports\nThe UK and EU are in a fresh round of trade talks, after tension over\npost-Brexit checks [https://www.bbc.co.uk/news/uk-politics-55923233] at Northern\nIrish ports. Goods entering Northern Ireland from mainland Britain have to be\nchecked on entry, because Northern Ireland is still in the EU single market.\nThat’s led to delays - and now threats against the staff carrying out the\nchecks. It’s those threats that have prompted the talks between officials.\n\nCheaper homes near stations\nPrice tags on London homes near a tube station have dropped\n[https://www.cityam.com/london-house-prices-drop-near-tube-stations-as-buyers-shuffle-priorities/]\n, as buyers rethink the importance of a snappy commute. The shift to remote\nworking during the pandemic has meant 38% of London homebuyers no longer think\nit’s important to live near the tube, according to an estate agent. The result?\nA 2% drop in house prices near stations.\n\nWe’re Amazon’s favourite\nThe UK is Amazon’s hottest market right now, with 2020 sales growth here \noutstripping any other region\n[https://www.telegraph.co.uk/technology/2021/02/03/amazon-gears-fight-life-uk-sales-jump-50pc/]\n*. Last year, we spent a total of £19.3 billion on Amazon - that’s £290 for\nevery man, woman, and child. The spending spree saw the company’s revenues soar\nby 51% in the UK.\n\nCharging to get into gear?\nOil companies should install chargers for electric cars\n[https://www.theguardian.com/environment/2021/feb/04/make-oil-firms-install-electric-car-chargers-in-petrol-stations-says-thinktank] \nin all of their petrol stations by 2023, according to think tank Bright Blue.\nBetter coverage of charging stations across the network would help to speed up\nthe rollout of electric cars. The report also calls for higher grants to\nencourage people to buy the more expensive battery-powered cars.","html":"The 1-minute read to get the money news you need.
The UK and EU are in a fresh round of trade talks, after tension over post-Brexit checks at Northern Irish ports. Goods entering Northern Ireland from mainland Britain have to be checked on entry, because Northern Ireland is still in the EU single market. That’s led to delays - and now threats against the staff carrying out the checks. It’s those threats that have prompted the talks between officials.
Price tags on London homes near a tube station have dropped, as buyers rethink the importance of a snappy commute. The shift to remote working during the pandemic has meant 38% of London homebuyers no longer think it’s important to live near the tube, according to an estate agent. The result? A 2% drop in house prices near stations.
![](\"https://multiply.ghost.io/content/images/2021/02/image-3.png\")
The UK is Amazon’s hottest market right now, with 2020 sales growth here outstripping any other region*. Last year, we spent a total of £19.3 billion on Amazon - that’s £290 for every man, woman, and child. The spending spree saw the company’s revenues soar by 51% in the UK.
Oil companies should install chargers for electric cars in all of their petrol stations by 2023, according to think tank Bright Blue. Better coverage of charging stations across the network would help to speed up the rollout of electric cars. The report also calls for higher grants to encourage people to buy the more expensive battery-powered cars.
","url":"https://multiply.ghost.io/trade-row-in-northern-ireland/","uuid":"ca9ef807-c33f-4703-990d-5abd662d9b57","page":null,"codeinjection_foot":null,"codeinjection_head":null,"codeinjection_styles":null,"comment_id":"601bb7d6f9280c00390f5373"}},{"node":{"id":"Ghost__Post__601a6d81d5e37e0039f8701b","title":"No \"Jab & Go\"","slug":"no-jab-go","featured":false,"feature_image":"https://multiply.ghost.io/content/images/2021/02/minute-375.png","excerpt":"Ryanair has taken down a “misleading” advert which encouraged people to book holidays after getting the vaccine.","custom_excerpt":"Ryanair has taken down a “misleading” advert which encouraged people to book holidays after getting the vaccine.","created_at_pretty":"03 February, 2021","published_at_pretty":"03 February, 2021","updated_at_pretty":"03 February, 2021","created_at":"2021-02-03T09:31:45.000+00:00","published_at":"2021-02-03T09:37:54.000+00:00","updated_at":"2021-02-03T09:45:32.000+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 the money news you need.\n\nRyanair ad banned\nRyanair has taken down a “misleading” advert [about:blank] which encouraged\npeople to book holidays after getting the coronavirus vaccine. Thousands of\npeople complained about the “Jab & Go” ads - and the regulator agreed that they\ngave a false impression that everyone will get the jab by summer.\n\nAnother furlough extension?\nBusiness groups and trades unions have warned Chancellor Rishi Sunak\n[https://www.theguardian.com/uk-news/2021/feb/03/extend-furlough-or-risk-mass-unemployment-industry-and-unions-warn-sunak] \nthat the economy is too fragile to end furlough in April. They’re calling for an\nextension to the scheme, warning that unemployment could skyrocket if support is\nwithdrawn too soon. It’s 1 month today until the next Budget, when the\nChancellor will set out his tax and spending plans for the year ahead.\n\nBezos steps down\nAmazon’s CEO will step down\n[https://news.sky.com/story/amazon-boss-jeff-bezos-to-move-sideways-as-christmas-quarter-sales-exceed-100bn-12206868] \nafter record-breaking revenues in the last 3 months of 2020. The tech giant\nrecorded over $100 billion (£73 billion) of sales leading up to Christmas. Bezos\nhas led the company since founding it almost 30 years ago - now he’s going to\ntake on an executive chair role at Amazon while focusing on other passions like\nthe fight against climate change.","html":"The 1-minute read to get the money news you need.
Ryanair has taken down a “misleading” advert which encouraged people to book holidays after getting the coronavirus vaccine. Thousands of people complained about the “Jab & Go” ads - and the regulator agreed that they gave a false impression that everyone will get the jab by summer.
Business groups and trades unions have warned Chancellor Rishi Sunak that the economy is too fragile to end furlough in April. They’re calling for an extension to the scheme, warning that unemployment could skyrocket if support is withdrawn too soon. It’s 1 month today until the next Budget, when the Chancellor will set out his tax and spending plans for the year ahead.
Amazon’s CEO will step down after record-breaking revenues in the last 3 months of 2020. The tech giant recorded over $100 billion (£73 billion) of sales leading up to Christmas. Bezos has led the company since founding it almost 30 years ago - now he’s going to take on an executive chair role at Amazon while focusing on other passions like the fight against climate change.
","url":"https://multiply.ghost.io/no-jab-go/","uuid":"40db0647-6859-4b5b-9372-5df50b6e2673","page":null,"codeinjection_foot":null,"codeinjection_head":null,"codeinjection_styles":null,"comment_id":"601a6d81d5e37e0039f8701b"}},{"node":{"id":"Ghost__Post__601921ae4732e100396c09ed","title":"Klarna crackdown","slug":"klarna-crackdown","featured":false,"feature_image":"https://multiply.ghost.io/content/images/2021/02/minute-374.png","excerpt":"Buy-now-pay-later firms will face tighter controls as the FCA steps in to regulate the sector.","custom_excerpt":"Buy-now-pay-later firms will face tighter controls as the FCA steps in to regulate the sector.","created_at_pretty":"02 February, 2021","published_at_pretty":"02 February, 2021","updated_at_pretty":"02 February, 2021","created_at":"2021-02-02T09:55:58.000+00:00","published_at":"2021-02-02T10:03:49.000+00:00","updated_at":"2021-02-02T10:03:49.000+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 the money news you need.\n\nFCA will curb Klarna\nBuy-now-pay-later firms will face tighter controls [about:blank] as the\nFinancial Conduct Authority (FCA) steps in to regulate the sector. Last year’s\nonline shopping boom fed a massive rise in schemes like Klarna. But a report by\nthe FCA shows some people are building up unseen debt - and 1 in 10 is already\nin arrears on other debts. The new regulations will make sure that customers can\nafford the repayments and are treated fairly.\n\nHouse prices fall\nHouse prices took a dip in January\n[https://www.cityam.com/house-prices-fall-for-first-time-in-six-months-in-january/]\n, for the first time since last summer. Prices fell 0.3% last month according to\nthe index from mortgage lender Halifax. The stamp duty holiday is due to end on\n31st March, which means time is running out for buyers to avoid paying stamp\nduty on the first £500,000 of any home purchase.\n\nSafer online casinos?\nOnline gambling faces new regulations to make their virtual casinos safer\n[https://www.bbc.co.uk/news/business-55899644]. The Gambling Commission has\nannounced a package of restrictions, including a limit on roulette spin speeds\nand clear display to show total wins and losses.\n\n“Rethink economic growth”\nCountries need to transform their economies\n[https://www.reuters.com/article/us-biodiversity-economy-report-idUSKBN2A200S] \nif they want to meet their environment commitments, according to a new study\nbacked by the UK government. It urges governments to protect ecosystems, and\nfocus on more than just GDP growth.\n\nBeige gold\nOnline shops are facing delivery delays due to a shortage of cardboard boxes\n[https://inews.co.uk/news/consumer/cardboard-box-shortage-life-hard-shops-uk-853360]\n. 200 million extra parcels were delivered in 2020 - and cardboard providers\nweren’t ready. The surge in deliveries has led to a global shortage of the pulp\nthat boxes are made from.","html":"The 1-minute read to get the money news you need.
Buy-now-pay-later firms will face tighter controls as the Financial Conduct Authority (FCA) steps in to regulate the sector. Last year’s online shopping boom fed a massive rise in schemes like Klarna. But a report by the FCA shows some people are building up unseen debt - and 1 in 10 is already in arrears on other debts. The new regulations will make sure that customers can afford the repayments and are treated fairly.
House prices took a dip in January, for the first time since last summer. Prices fell 0.3% last month according to the index from mortgage lender Halifax. The stamp duty holiday is due to end on 31st March, which means time is running out for buyers to avoid paying stamp duty on the first £500,000 of any home purchase.
![](\"https://multiply.ghost.io/content/images/2021/02/image-1.png\")
Online gambling faces new regulations to make their virtual casinos safer. The Gambling Commission has announced a package of restrictions, including a limit on roulette spin speeds and clear display to show total wins and losses.
Countries need to transform their economies if they want to meet their environment commitments, according to a new study backed by the UK government. It urges governments to protect ecosystems, and focus on more than just GDP growth.
Online shops are facing delivery delays due to a shortage of cardboard boxes. 200 million extra parcels were delivered in 2020 - and cardboard providers weren’t ready. The surge in deliveries has led to a global shortage of the pulp that boxes are made from.
","url":"https://multiply.ghost.io/klarna-crackdown/","uuid":"181e95f0-fd55-4b0d-8d30-1bf3aed415f3","page":null,"codeinjection_foot":null,"codeinjection_head":null,"codeinjection_styles":null,"comment_id":"601921ae4732e100396c09ed"}},{"node":{"id":"Ghost__Post__6017c4a0bdc4a800391ee7dc","title":"Coronavirus to cost kids £350bn?","slug":"coronavirus-cost-kids-350bn","featured":false,"feature_image":"https://multiply.ghost.io/content/images/2021/02/minute-373.png","excerpt":"Children could miss out on £350 billion in lost earnings over their lifetimes because of not being in school.","custom_excerpt":"Children could miss out on £350 billion in lost earnings over their lifetimes because of not being in school.","created_at_pretty":"01 February, 2021","published_at_pretty":"01 February, 2021","updated_at_pretty":"01 February, 2021","created_at":"2021-02-01T09:06:40.000+00:00","published_at":"2021-02-01T09:31:23.000+00:00","updated_at":"2021-02-01T09:31:23.000+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 the money news you need with expert adviser commentary.\n\n£350bn lost earnings\nChildren could miss out on £350 billion\n[https://www.theguardian.com/education/2021/feb/01/covid-could-cost-children-350bn-in-earnings-through-lost-learning-says-ifs] \nin lost earnings because of not being in school. The Institute for Fiscal\nStudies (IFS) says that missing 6 months of school could mean kids earn £40,000\nless on average over their lifetimes. It suggests ways for students to catch up\nincluding repeating the entire year, tuition during the holidays, and longer\nschool days.\n\nMore protection for investors?\nMPs are calling for better protections for novice investors\n[https://www.telegraph.co.uk/investing/news/calls-mount-protect-novice-investors-gamestop-craze/]\n*, after some have been burnt by the GameStop saga. Thousands rushed to join the\nfray after a group of day traders organised over Reddit to drive up the game\nretailer’s share price. But it soon went into reverse after investment apps\nprevented people buying further GameStop stocks.\n\nASOS buys Topshop\nAsos has struck a deal\n[https://news.sky.com/story/asos-snaps-up-topshop-topman-and-miss-selfridge-in-295m-deal-12205076] \nto buy Topshop, Topman, and Miss Selfridge for £295 million. We’ll soon see them\ndisappear from the high street though - the online retailer isn’t taking on any\nof the brands’ 70 stores, which employ 2,500 people.\n\nChristmas credit spree\nShoppers spent a record amount [about:blank]* using buy-now-pay-later (BNPL)\nschemes over Christmas. The average spend was £211, and in a survey 1 in 3\npeople said the option to pay later meant they spent more than usual. \n\nNo HMRC fines\nNot filed your tax return? Don’t panic. HMRC has waived the £100 fine\n[https://www.bbc.com/news/business-55802865] for missing yesterday’s self\nassessment deadline, as so many people were struggling to meet it. You now have\nuntil 28th February to file your self assessment.","html":"The 1-minute read to get the money news you need with expert adviser commentary.
Children could miss out on £350 billion in lost earnings because of not being in school. The Institute for Fiscal Studies (IFS) says that missing 6 months of school could mean kids earn £40,000 less on average over their lifetimes. It suggests ways for students to catch up including repeating the entire year, tuition during the holidays, and longer school days.
MPs are calling for better protections for novice investors*, after some have been burnt by the GameStop saga. Thousands rushed to join the fray after a group of day traders organised over Reddit to drive up the game retailer’s share price. But it soon went into reverse after investment apps prevented people buying further GameStop stocks.
![](\"https://multiply.ghost.io/content/images/2021/02/image.png\")
Asos has struck a deal to buy Topshop, Topman, and Miss Selfridge for £295 million. We’ll soon see them disappear from the high street though - the online retailer isn’t taking on any of the brands’ 70 stores, which employ 2,500 people.
Shoppers spent a record amount* using buy-now-pay-later (BNPL) schemes over Christmas. The average spend was £211, and in a survey 1 in 3 people said the option to pay later meant they spent more than usual.
Not filed your tax return? Don’t panic. HMRC has waived the £100 fine for missing yesterday’s self assessment deadline, as so many people were struggling to meet it. You now have until 28th February to file your self assessment.
","url":"https://multiply.ghost.io/coronavirus-cost-kids-350bn/","uuid":"3c477bbd-5053-4492-a091-8a0a798350e9","page":null,"codeinjection_foot":null,"codeinjection_head":null,"codeinjection_styles":null,"comment_id":"6017c4a0bdc4a800391ee7dc"}},{"node":{"id":"Ghost__Post__6013d8e35c46f80039d4f1ad","title":"GameStop saga continues","slug":"gamestop-saga-continues","featured":false,"feature_image":"https://multiply.ghost.io/content/images/2021/01/minute-372.png","excerpt":"Trading platforms stepped in to stop traders buying shares in GameStop, causing the price to tumble 55%","custom_excerpt":"Trading platforms stepped in to stop traders buying shares in GameStop, causing the price to tumble 55%","created_at_pretty":"29 January, 2021","published_at_pretty":"29 January, 2021","updated_at_pretty":"29 January, 2021","created_at":"2021-01-29T09:44:03.000+00:00","published_at":"2021-01-29T09:49:59.000+00:00","updated_at":"2021-01-29T09:59:24.000+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 the money news you need.\n\nRobinhood wades in\nTrading platforms stepped in yesterday to stop traders buying shares in GameStop\n[https://www.bbc.co.uk/news/business-55837519], causing the stock price to\ntumble 55%. It’s the latest twist in a saga that saw a group of Reddit day\ntraders take on Wall Street, buying up GameStop’s shares to drive up the price,\ncausing hedge funds to lose billions. Now, Robinhood and Interactive Investor\nhave curtailed the buying spree - and the traders aren’t happy about it.\n\nWe’re tightening our belts\nBrits are spending less in the third lockdown\n[https://www.reuters.com/article/uk-health-coronavirus-britain-economy-idUSKBN29X16P]\n, with more people on furlough than at any other point since July 2020. Credit\nand debit card spending is down 35% compared to the start of last year,\naccording to “experimental” data from the Bank of England.\n\nBoohoo’s on a spree\nBoohoo is in talks to buy Dorothy Perkins, Burton, and Wallis\n[http://theguardian.com/business/2021/jan/29/boohoo-in-talks-to-buy-dorothy-perkins-wallis-and-burton-arcadia]\n, 3 brands from the collapsed Arcadia group. It’s only been a few days since the\nonline fashion retailer paid £55 million to buy the online side of Debenhams.\nIts approach with the Arcadia brands is likely to be the same - keep the\nwebsites, shut the shops, and keep only a few of the staff.\n\nDrone airport opening\nA pop-up airport in Coventry will showcase drones and flying cars\n[https://www.cityam.com/worlds-first-flying-car-and-drone-airport-to-open-in-coventry/] \nand demo how futuristic ways of getting around can fit into today’s cities.\nDubbed Air One, the airport will open in November. It’s had complaints about the\nterm “flying cars” though - apparently they’re actually more like helicopters.","html":"The 1-minute read to get the money news you need.
Trading platforms stepped in yesterday to stop traders buying shares in GameStop, causing the stock price to tumble 55%. It’s the latest twist in a saga that saw a group of Reddit day traders take on Wall Street, buying up GameStop’s shares to drive up the price, causing hedge funds to lose billions. Now, Robinhood and Interactive Investor have curtailed the buying spree - and the traders aren’t happy about it.
Brits are spending less in the third lockdown, with more people on furlough than at any other point since July 2020. Credit and debit card spending is down 35% compared to the start of last year, according to “experimental” data from the Bank of England.
Boohoo is in talks to buy Dorothy Perkins, Burton, and Wallis, 3 brands from the collapsed Arcadia group. It’s only been a few days since the online fashion retailer paid £55 million to buy the online side of Debenhams. Its approach with the Arcadia brands is likely to be the same - keep the websites, shut the shops, and keep only a few of the staff.
A pop-up airport in Coventry will showcase drones and flying cars and demo how futuristic ways of getting around can fit into today’s cities. Dubbed Air One, the airport will open in November. It’s had complaints about the term “flying cars” though - apparently they’re actually more like helicopters.
","url":"https://multiply.ghost.io/gamestop-saga-continues/","uuid":"f6cd2211-b39c-43a4-946f-43b7ac220177","page":null,"codeinjection_foot":null,"codeinjection_head":null,"codeinjection_styles":null,"comment_id":"6013d8e35c46f80039d4f1ad"}},{"node":{"id":"Ghost__Post__60127e9b737fb2003932bb82","title":"Hedge funds v Reddit","slug":"hedge-funds-v-reddit","featured":false,"feature_image":"https://multiply.ghost.io/content/images/2021/01/minute-371.png","excerpt":"Redditors took on some of the world’s wealthiest hedge fund managers - and it looks like they’re winning. ","custom_excerpt":"Redditors took on some of the world’s wealthiest hedge fund managers - and it looks like they’re winning. ","created_at_pretty":"28 January, 2021","published_at_pretty":"28 January, 2021","updated_at_pretty":"28 January, 2021","created_at":"2021-01-28T09:06:35.000+00:00","published_at":"2021-01-28T09:15:40.000+00:00","updated_at":"2021-01-28T09:15:40.000+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 the money news you need.\n\nThe GameStop’s here\nA 2-million strong group of Redditors have taken on some of the world’s\nwealthiest hedge fund managers - and it looks like they’re winning\n[https://inews.co.uk/news/business/gamestop-share-price-gme-stock-value-reddit-elon-musk-blackberry-rising-explained-846385]\n. Hedge funds were short selling stocks in struggling US games retailer\nGameStop, betting that their share price would fall. But day traders in the\nsubreddit r/WallStreetBets decided to act en masse to buy the stocks and drive\nprices up - losing the hedge funds huge sums while the traders cashed in on\nsmall fortunes.\n\nCottage shortage\nA second staycation boom is underway\n[https://www.bbc.co.uk/news/business-55826646] in the UK, with enquiries at one\ncottage rental company up 300% compared to last year. Now that holidays abroad\ncome with the risk of enforced hotel quarantine, many Brits are booking closer\nto home for their summer break. But with existing bookings rolled over from 2020\ncancellations, accommodation could be in short supply.\n\nEasyJet squeezed\nEasyJet saw its revenue fall by 90%\n[https://www.theguardian.com/business/2021/jan/28/easyjet-revenues-down-almost-90-in-last-three-months-of-2020] \nin the last 3 months of 2020, with unrelentingly tight restrictions causing a\ndrop in passenger numbers. The budget airline is holding out hope for a rebound\nonce the impact of coronavirus vaccines kicks in. Its own consumer polling says\n65% of people plan to make a travel booking in 2021.\n\n£100 contactless limit\nWe could soon be able to use contactless cards and devices for payments up to\n£100, after the Financial Conduct Authority mooted plans to raise the limit.\nHowever, some are worried that an acceleration towards cashless payments could \nleave some behind\n[https://inews.co.uk/inews-lifestyle/money/contactless-limit-could-rise-to-100-raising-fears-that-the-most-vulnerable-will-suffer-as-a-result-847421]\n. They want to see cash infrastructure protected for people who rely on notes\nand coins.","html":"The 1-minute read to get the money news you need.
A 2-million strong group of Redditors have taken on some of the world’s wealthiest hedge fund managers - and it looks like they’re winning. Hedge funds were short selling stocks in struggling US games retailer GameStop, betting that their share price would fall. But day traders in the subreddit r/WallStreetBets decided to act en masse to buy the stocks and drive prices up - losing the hedge funds huge sums while the traders cashed in on small fortunes.
![](\"https://multiply.ghost.io/content/images/2021/01/image-20.png\")
A second staycation boom is underway in the UK, with enquiries at one cottage rental company up 300% compared to last year. Now that holidays abroad come with the risk of enforced hotel quarantine, many Brits are booking closer to home for their summer break. But with existing bookings rolled over from 2020 cancellations, accommodation could be in short supply.
EasyJet saw its revenue fall by 90% in the last 3 months of 2020, with unrelentingly tight restrictions causing a drop in passenger numbers. The budget airline is holding out hope for a rebound once the impact of coronavirus vaccines kicks in. Its own consumer polling says 65% of people plan to make a travel booking in 2021.
We could soon be able to use contactless cards and devices for payments up to £100, after the Financial Conduct Authority mooted plans to raise the limit. However, some are worried that an acceleration towards cashless payments could leave some behind. They want to see cash infrastructure protected for people who rely on notes and coins.
","url":"https://multiply.ghost.io/hedge-funds-v-reddit/","uuid":"d835f24c-910a-4d3b-92b1-595eb22810fe","page":null,"codeinjection_foot":null,"codeinjection_head":null,"codeinjection_styles":null,"comment_id":"60127e9b737fb2003932bb82"}},{"node":{"id":"Ghost__Post__601134e44d5b8a003969125e","title":"Hotel quarantine confirmed","slug":"hotel-quarantine-confirmed","featured":false,"feature_image":"https://multiply.ghost.io/content/images/2021/01/minute-370.png","excerpt":"Arrivals from high-risk countries including South Africa and Portugal will now have to pay to self-isolate in a hotel.","custom_excerpt":"Arrivals from high-risk countries including South Africa and Portugal will now have to pay to self-isolate in a hotel.","created_at_pretty":"27 January, 2021","published_at_pretty":"27 January, 2021","updated_at_pretty":"27 January, 2021","created_at":"2021-01-27T09:39:48.000+00:00","published_at":"2021-01-27T09:44:35.000+00:00","updated_at":"2021-01-27T09:44:35.000+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 the money news you need\n\nQuarantine checks in\nArrivals from high-risk countries including South Africa and Portugal will have\nto pay to self-isolate in a hotel\n[https://news.sky.com/story/home-secretary-expected-to-announce-mandatory-hotel-quarantine-for-some-travellers-12200025] \nwhen they get to the UK. It’s a system already used in Australia and New\nZealand, where the virus is well under control. The new measures come as the UK\npasses the grim milestone of 100,000 deaths from coronavirus.\n\nHome sellers hold off\nThere are fewer homes for sale so far in 2021, as homeowners hold off from\nputting their properties on the market. The supply of new homes on the market \nhas fallen 12% [https://www.ft.com/content/2f67fe95-45c9-490d-b923-495aa68e79d2]\n* compared to January 2020, according to Zoopla. Would-be sellers are reluctant\nto risk holding viewings amid high rates of coronavirus.\n\nRenters go rural\nRental prices in UK cities have dropped up to 12%\n[https://www.theguardian.com/money/2021/jan/27/private-rents-fall-in-uks-biggest-cities-by-up-to-12-amid-covid-crisis] \nin the last year, while rising in parts of Northern England, according to\nRightmove. Renters are swapping inner city life for more space during lockdown.\nIt’s led to a flood of properties for rent in London, Edinburgh, and Manchester.\n\n*this article may need a subscription to read","html":"The 1-minute read to get the money news you need
Arrivals from high-risk countries including South Africa and Portugal will have to pay to self-isolate in a hotel when they get to the UK. It’s a system already used in Australia and New Zealand, where the virus is well under control. The new measures come as the UK passes the grim milestone of 100,000 deaths from coronavirus.
There are fewer homes for sale so far in 2021, as homeowners hold off from putting their properties on the market. The supply of new homes on the market has fallen 12%* compared to January 2020, according to Zoopla. Would-be sellers are reluctant to risk holding viewings amid high rates of coronavirus.
![](\"https://multiply.ghost.io/content/images/2021/01/image-19.png\")
Rental prices in UK cities have dropped up to 12% in the last year, while rising in parts of Northern England, according to Rightmove. Renters are swapping inner city life for more space during lockdown. It’s led to a flood of properties for rent in London, Edinburgh, and Manchester.
*this article may need a subscription to read
","url":"https://multiply.ghost.io/hotel-quarantine-confirmed/","uuid":"3caf057e-10b1-4f6c-995e-ad239d07870d","page":null,"codeinjection_foot":null,"codeinjection_head":null,"codeinjection_styles":null,"comment_id":"601134e44d5b8a003969125e"}},{"node":{"id":"Ghost__Post__600fe8375b6ba80039b9ffd0","title":"£1,500 quarantine hotel","slug":"1-500-quarantine-hotel","featured":false,"feature_image":"https://multiply.ghost.io/content/images/2021/01/Minute-369-1.png","excerpt":"People arriving in the UK from overseas will have to pay at least £1,500 to quarantine in a hotel.","custom_excerpt":"People arriving in the UK from overseas will have to pay at least £1,500 to quarantine in a hotel.","created_at_pretty":"26 January, 2021","published_at_pretty":"26 January, 2021","updated_at_pretty":"26 January, 2021","created_at":"2021-01-26T10:00:23.000+00:00","published_at":"2021-01-26T10:13:13.000+00:00","updated_at":"2021-01-26T10:43:01.000+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 the money news you need.\n\nNew quarantine plans\nPeople arriving in the UK from overseas will have to pay at least £1,500 to \nquarantine in a hotel\n[https://www.cityam.com/govt-to-announce-1500-enforced-hotel-quarantine-policy-on-tuesday/]\n, according to plans being finalised today. The government is expected to\nannounce the policy later today. The enforced 10-day quarantine stay would\ninvolve self-isolating and eating all meals in the hotel room.\n\nJobless rate rises\nUnemployment hit 5% [https://www.bbc.co.uk/news/business-55808052] in the 3\nmonths to November 2020, according to the Office for National Statistics. It\nmeans around 1.72 million people are out of work, the highest since 2016. Young\npeople are the most likely to have lost jobs, with a fivefold increase in\nredundancies compared to 2019.\n\n10% mortgages fall\nThere are currently just 221 mortgage deals\n[https://www.telegraph.co.uk/money/consumer-affairs/first-time-buyers-shut-property-boom-low-deposit-mortgage-sales/]\n* available to buyers with a 10% deposit, according to Moneyfacts. That’s less\nthan a third of the number this time last year. 2020 saw mortgage lenders\nwithdraw many of their first-time buyer deals. Why? They’re worried about the\neconomic outlook, and buyers not being able to make repayments.\n\nPets to get jab?\nDogs and cats might need to be vaccinated too\n[https://inews.co.uk/news/pets-vaccinations-dogs-cats-stop-spread-covid-19-843990]\n, to help curb the spread of the virus. Our furry friends can catch it, and\nscientists have warned that possible transmission to humans poses a “long-term\nhealth risk”.","html":"The 1-minute read to get the money news you need.
People arriving in the UK from overseas will have to pay at least £1,500 to quarantine in a hotel, according to plans being finalised today. The government is expected to announce the policy later today. The enforced 10-day quarantine stay would involve self-isolating and eating all meals in the hotel room.
Unemployment hit 5% in the 3 months to November 2020, according to the Office for National Statistics. It means around 1.72 million people are out of work, the highest since 2016. Young people are the most likely to have lost jobs, with a fivefold increase in redundancies compared to 2019.
There are currently just 221 mortgage deals* available to buyers with a 10% deposit, according to Moneyfacts. That’s less than a third of the number this time last year. 2020 saw mortgage lenders withdraw many of their first-time buyer deals. Why? They’re worried about the economic outlook, and buyers not being able to make repayments.
![](\"https://multiply.ghost.io/content/images/2021/01/image-18.png\")
Dogs and cats might need to be vaccinated too, to help curb the spread of the virus. Our furry friends can catch it, and scientists have warned that possible transmission to humans poses a “long-term health risk”.
","url":"https://multiply.ghost.io/1-500-quarantine-hotel/","uuid":"1f58760d-8f18-475d-9886-b7fbab728c55","page":null,"codeinjection_foot":null,"codeinjection_head":null,"codeinjection_styles":null,"comment_id":"600fe8375b6ba80039b9ffd0"}}]}},"pageContext":{"slug":"multiply-minute","limit":12,"skip":156,"numberOfPages":37,"humanPageNumber":14,"prevPageNumber":13,"nextPageNumber":15,"previousPagePath":"/tag/multiply-minute/page/13/","nextPagePath":"/tag/multiply-minute/page/15/"}},"staticQueryHashes":["176528973","2358152166","2561578252","2731221146","4145280475"]}