Tag: Costs
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Bank of England ’causes havoc’ as error costs taxpayers £200bn: ‘Now we’ll all pay’ | Personal Finance | Finance
[ad_1] When the financial crisis struck in 2009, the Bank of England slashed interest rates and started a controversial bond buying programme called quantitative easing, or QE. It appeared to save the day, but now we are discovering there is a hidden cost. The BoE has come in for renewed criticism after it admitted that…
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Amazon starts annual hunt for costs to cut, rounding out rough year
[ad_1] Credit: Unsplash/CC0 Public Domain Amazon is starting a cost-cutting review, part of an annual process that this year will involve the same macroeconomic factors that have led the company to freeze hiring and cut several projects. The review comes a week after Amazon announced it was freezing corporate hiring for the next few months.…
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Martin Lewis shows how viewer could slash mortgage costs by £36,000 in ‘monumental saving’ | Personal Finance | Finance
[ad_1] The MoneySavingExpert founder said he’s often asked whether it’s better to overpay a mortgage rather than save, and said while there is no textbook answer, sometimes it can be worth considering. In some cases, the expert said it’s possible to make “monumental savings”. Answering a question from Linda who called in to ask Martin Lewis…
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Amazon curtails ventures amid push to control costs
[ad_1] Credit: Unsplash/CC0 Public Domain Amazon is shuttering more projects, with a digital travel experience and a high-performance robotic system the most recent to get the ax. That comes after announcements this month that Amazon will stop testing delivery robots, end production of a video device for kids and pause hiring for its corporate retail…
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Free bus pass: State pensioners can get discounts on their travel costs – who else can? | Personal Finance | Finance
[ad_1] People in England may be able to travel on local buses for free from 60, depending on where they live. For example, if a person lives in London, they can travel free on buses, tubes and other public transport with a Freedom Pass when they reach 60. However, this can only be within the…
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Mortgage free dreams ‘vanish’ as hundreds of thousands retire with ‘sizeable’ costs | Personal Finance | Finance
[ad_1] “Older households tend to spend a larger proportion of their income on these items so are particularly badly affected. “As energy bills in particular soar, older households may struggle with around half of their homes having an energy efficiency rating of D or below and with almost one fifth of older households saying they…
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Prescription charges: Woman, 42, ‘cuts tablets in half’ as struggle with costs spiral | Personal Finance | Finance
[ad_1] She added: “I work but wages aren’t rising in line with the cost of living. I’ve heard others are doing the same. “There is so much inequality and it’s not right people with Parkinson’s, transplant recipients and those with heart problems have to pay for them whilst people with diabetes don’t.” Ms Oakley has…
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Telegram’s Premium subscription is here and it costs $4.99 / month
[ad_1] After announcing Telegram Premium earlier this month, the messaging app has finally rolled out the paid tier, which gives users access to extra features for $4.99 / month (via TechCrunch). All the features are outlined in a post on Telegram’s blog, with some of its bigger draws including faster downloads and a larger maximum…
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China defends ‘zero-COVID’ after US envoy warns of costs
[ad_1] Residents line up at a COVID sample collection station, Friday, June 17, 2022, in Beijing. (AP Photo/Ng Han Guan) BEIJING (AP) — China on Friday defended its tough “zero-COVID” policy after the U.S. ambassador said it was causing serious damage to the global economy and foreign business sentiment. Foreign Ministry spokesperson Wang…
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Britons could save hundreds of pounds on prescription costs via NHS scheme – how to claim | Personal Finance | Finance
[ad_1] In the UK, rules regarding free prescriptions differ depending on which country someone lives in. For example, those who live in Scotland and Wales are able to claim free medication no matter what age they are. In comparison, people living in England can also get free prescriptions if they are 60 years of age…