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Bank of England plays down the chances of further rate cuts as inflation fears linger

1 day ago | thisismoney.co.uk | John-Paul Ford Rojas

A top Bank of England official has played down the chances of a string of interest rate cuts despite mounting job losses. Just hours after official figures showed unemployment at a four-year high, the central bank’s chief economist Huw Pill said he was still worried about stubbornly above-target inflation.
Why a swimming pool could knock £52,000 OFF your house price

1 day ago | thisismoney.co.uk | Lucy Evans

Every seller likes to believe their home is perfect and is often blind to imperfections so obvious to potential buyers. But features from your house number to certain plants in your garden could be a turn-off for viewers and wipe tens of thousands of pounds from your property’s price tag or put them off making an offer – especially in a slow housing market. Fred Jones, chief executive at house-buying company Upstix, says: ‘It’s a buyers’ market.
When will our tariff pain end, Britain's carmakers demand

1 day ago | thisismoney.co.uk | John-Paul Ford Rojas

Fears for Britain’s car industry deepened yesterday as bosses called for clarity over when tariffs on exports to the US will be reduced. Jaguar Land Rover (JLR) and Bentley said that despite a trade deal with President Donald Trump announced last week, they were still operating under the previous 25 per cent tariff regime. Meanwhile, workers at Britain’s biggest car plant in Sunderland were left in the dark after its Japanese owner Nissan said it was shutting seven factories worldwide.
US set to dodge recession after President Donald Trump's trade deal with China

1 day ago | thisismoney.co.uk | Hugo Duncan

The United States looks likely to avoid recession after President Donald Trump’s trade deal with China, according to two Wall Street banking giants. Goldman Sachs said it sees a 35 per cent chance of a downturn in the world’s biggest economy this year – down from its previous forecast of 45 per cent.
I applied factor 50 sun cream but still got badly burnt - can I get compensation? Consumer lawyer DEAN DUNHAM replies

1 day ago | thisismoney.co.uk | Dean Dunham

I got badly sunburnt recently while using SPF 50-rated sunscreen. Can I ask for my money back? T.T., via email. Dean Dunham replies: If the sunscreen you used was mistakenly or falsely advertised as providing SPF 50 protection, then you will clearly have good grounds to claim for a refund for the cost of the product – as well as compensation for any injuries or losses you suffered.
Major update in manhunt for notorious child sex offender and animal abuser who escaped house arrest

1 day ago | thisismoney.co.uk | Alexa Cimino

A notorious child sex offender and animal abuser has been arrested after fleeing court-ordered home detention in Seattle. David Williford, 38, vanished from his mother’s home in West Seattle’s North Admiral neighborhood on May 5, just days after being fitted with a GPS ankle monitor. Authorities say he cut off the device shortly after checking in with his assigned Department of Corrections officer. Although law enforcement responded within 40 minutes, Williford had already disappeared.
Britain on high drought alert: Restrictions warning issued for 16 million people as UK on track for driest spring on record

1 day ago | thisismoney.co.uk | Mark Duell

Britain could face a summer of hosepipe bans amid a looming drought risk with spring currently running as the UK's driest on record and no rain in the forecast. Much of the country has become parched in recent weeks amid sustained warm and dry weather, which meteorologists expect will continue for at least another ten days. Parts of Greater London, Hampshire, Yorkshire, Greater Manchester and Lancashire have now gone 20 days without a drop of rain, according to the Met Office.
Twist in case of glamorous teenager, 19, detained by ICE after illegally turning at a red light

1 day ago | thisismoney.co.uk | Alexa Cimino

In a surprising turn of events, authorities have sensationally dropped the traffic charges that landed a 19-year-old college student in ICE custody — after cops admitted they mistakenly stopped the wrong car. Ximena Arias Cristobal, a Mexican-born student who has lived in the United States since she was four, was taken into ICE custody following a May 5 traffic stop in Dalton, Georgia, where she lives with her family.
First inflation report since tariffs announced

1 day ago | thisismoney.co.uk | Ben Shimkus

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British woman, 19, faces life imprisonment after she is accused of smuggling 30lb of cannabis into ex-Soviet republic Georgia

1 day ago | thisismoney.co.uk | Olivia Allhusen

A 19-year-old British woman has been detained in Tbilisi accused of carrying 14kg of cannabis into ex-Soviet republic Georgia. The woman - identified as B.K. - could face 20 years jail or even life imprisonment, said the Georgian Ministry of Internal Affairs. A video shows the handcuffed woman after she was held at Tbilisi Airport. 'During the inspection, 34 hermetically sealed packages containing marijuana were found in the passenger's bag, as well as 20 packages of hashish,' said a local report.