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JUST suck it up, folks! Live off the cash you’ve stuffed under the mattress during lockdown. And don’t ask for a pay rise. This seems to be bungling Bank of England boss Andrew Bailey ’s message to 28million households facing the biggest cost-of-living crisis in most people’s lives. Workers should “think and reflect” before asking for bigger wages to pay the soaring bills, suggested the £575,000-a-year governor. Bailey , an unpopular choice for the top job, is blamed by MPs for being “asleep at the wheel” as inflation took off last year to among the highest in the industrialised world. Alongside him in the dock is £330,000-a-year Ofgem chief Jonathan Brearley who failed to protect consumers from 31 high-risk pop-up “energy companies” which have crashed in the last year, adding £2.6BILLION to fuel bills. Now he has imposed a controversial new energy cap denounced yesterday by money-saving expert Martin Lewis as a “f***ing disgrace” . READ MORE ON … [Read more...] about The obscenely paid bosses of the Bank of England and Ofgem have let down Britain at a time we need them most

Bank of England outline the security features of the £20 banknote Get pensions news and advice plus latest money alerts for FREE now SUBSCRIBE Invalid email We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info In order for people to keep their money’s worth they will need to use it before the deadline or exchange it through the Bank of England . The deadline for people to use their notes is September 30, 2022. Related articles Mum-of-two on Universal Credit ‘can’t live’ as bills soar Pensioner 'flabbergasted' after £20,000 removed from her pension pot The paper notes will be replaced with polymer notes, adding more security measures to ensure the safety of Britons’ cash. Once the deadline has passed, people will not be able to use the … [Read more...] about Bank warning for old £20 notes – Britons may not be able to use them much longer

Late on a fall afternoon, a skeleton crew staffed the cafeteria at New Canaan High School, in Connecticut. Custodial workers cleaned up the day’s remains while one of the cooks prepped for the evening’s athletic banquet. To hear more feature stories, see our full list or get the Audm iPhone app. A woman entered quietly through the back door, the one designated for deliveries and employees. She wore a jacket over a loose gown. She clutched something to her chest that appeared to be a bag connected to an IV. “What are you doing here?” one of the workers asked. The woman said nothing. She shuffled to her small office. The door clicked shut. The workers exchanged looks. They’d heard that Marie Wilson had been undergoing treatment for breast cancer. She had every right to stay home and rest. Yet here she was, hobbling into the kitchen near sunset, reporting for duty. There would be more days like this one. Days when Wilson endured life’s worst moments—a grandson’s leukemia … [Read more...] about Secrets and Lies in the School Cafeteria

A SEVERE warning has been issued over a "line of storms" that will batter the Northeast with thunderstorms, hail, and tornadoes today. The Northeast is expected to see potentially threatening winds, sizable hale, and a few tornadoes on Monday, May 16, 2022. The roaring thunderstorms will begin in the afternoon and continue throughout the early evening, according to The Weather Channel . As the thunderstorms make their way across the Northeast and mid-Atlantic regions of the US, an "intensifying low-pressure system along a cold front" will move across the Eastern Seaboard. The system will prompt thunderstorms to strengthen while creating a squall line, which is described by the National Weather Service (NWS) as "a linearly-oriented zone of thunderstorms." Damaging straight-line winds could be seen within the squall line across northern Virginia, along with sections of New York and Pennsylvania. Read More on Severe Weather DUST STORM … [Read more...] about Severe warning over ‘line of storms’ that will batter Northeast with thunderstorms, hail and tornadoes today

Mr Sunak told MPs that global forces were making 'life difficult for families at the moment' (Image: Getty) Get pensions news and advice plus latest money alerts for FREE now SUBSCRIBE Invalid email We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info The Chancellor said he “will go further” in easing pressures as he warned families to brace for more price rises in the coming months. With inflation expected to soar above nine percent today, Mr Sunak is facing calls to step in immediately. Related articles Truss unveils radical Brexit master plan to end EU row Read your OWN deal! IDS issues blistering attack on EU But the Chief Secretary to the Treasury, Simon Clarke, has indicated new help won’t be imminent – and a programme of measures will be introduced … [Read more...] about Rishi Sunak planning ‘targeted moves’ to ease the cost-of-living crisis

Rishi Sunak says he ‘stands ready’ against inflation Get pensions news and advice plus latest money alerts for FREE now SUBSCRIBE Invalid email We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info Britons face a cost of living crunch in 2022 that will see millions worse off, with rising energy rates permitted by Ofgem delivering the first blow in April. The new cap of £693 a year has seen some people's bills nearly double as the Government allows firms to recoup cash and avoid meeting the fate more than a dozen others did in 2021. The bills raid promises to cut deep into people's disposable incomes and inflation even more as it leaves them paying a premium for the most basic necessities. Related articles POLL: Should Rishi Sunak raise money by an oil … [Read more...] about UK inflation rate: How high will inflation go? BoE prediction as Rishi Sunak tight-lipped

Tory MPs have been accused of siding with ‘profiteering oil and gas companies’ after voting down a windfall tax that Labour says could save struggling families £600 this year. The opposition party tabled an amendment to the Queen’s Speech backing a one-off levy on North Sea firms to help people who have been plunged into poverty amid the cost of living crisis. But MPs rejected the move by 310 votes to 248. Following the vote, Shaddow climate change minister Ed Miliband said: ‘Every Conservative MP who voted against the windfall tax tonight has condemned millions of families to misery and anxiety as they struggle to pay their energy bills. ‘Tonight a message has been sent by the government that they will do everything they can to protect the oil and gas companies, and refuse to act to protect families; it says everything you need to know about where the Tories stand. ‘This is a government that will never put working people first, will never stand up to the vested … [Read more...] about Tories vote down windfall tax that could save you £600

State Pension: Expert outlines criteria to qualify Get pensions news and advice plus latest money alerts for FREE now SUBSCRIBE Invalid email We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info In England, residents are able to receive this “freebie” benefit once they reach the state pension age, which is 66. However, the Government looks set to raise the age threshold for receiving the state pension in the next couple of years. As a result of this, over 60s in the UK will have to wait longer to claim their state pension sum and free bus pass . Related articles New gas boiler threat - install heat pump or we'll devalue your home Gas boiler ban shock – homeowners face £30k bill to install heat pumps Under current Government plans, the … [Read more...] about State pension warning: Over 60s could wait longer for free bus pass after rule change

CHELSEA'S takeover appears to have been confirmed in a deleted tweet from sponsor Trivago. Earlier this week, the buyout seemed to have hit a massive stumbling block with the final structure of the agreement yet to resolved. It has also been revealed that Romelu Lukaku was Chelsea's fourth choice transfer target last summer. The Blues are said to have held talks with Erling Haaland, Robert Lewandowski and Harry Kane before settling on Lukaku. SUN BINGO GET £50 BONUS & 50 FREE SPINS TODAY Keep up to date with all of the latest gossip from the Stamford Bridge... Justin Lawrence just now Kante speaks on future N'Golo Kante has opened up about his Chelsea future. But he refused to reveal where he'll be playing next season as he's only focused on the current campaign with the Blues. Kante told Sky Sports: "The only thing is sure that I have one more year and the only thing is to finish this season. "I’ll think about it in the right time." … [Read more...] about Chelsea takeover ‘CONFIRMED’ by sponsor, Blues held Kane, Haaland and Lewandowski talks before agreeing Lukaku transfer

Andrew Bailey has raised ministers' eyebrows for warning of "apocalyptic" food shortages as record wage growth raises fears that a dangerous inflationary spiral is taking hold in the economy. Brandon Lewis, the Northern Ireland Secretary, expressed “surprise” at the Bank of England Governor's comments about rising costs caused by the war in Ukraine blocking exports of wheat and cooking oils. “I was surprised to see that particular turn of phrase, I have to say,” Mr Lewis told BBC Breakfast. “But the Bank of England is independent, they will have their view of their assessment, their economic view of where things are and where things are going.” It came as new data from the Office for National Statistics showed pay packets jumped almost 10pc in March, helping workers keep up with the cost of living, but also risking making inflation worse. In February, Mr Bailey urged workers not to ask for a big pay rise this year , warning that "moderation" of wage rises was needed to … [Read more...] about Record wage growth sparks inflation fears as minister expresses ‘surprise’ at Bailey food warning