4 d. ago UK households issued alert as 'silent killer' could lie in homes this winter

Sometimes we don't know what could be harming our health and, according to neurologist Dr Bing, a "silent killer" could impact people during the winter months. UK households have been warmed about what to watch out for at home

Events

7 d. ago Stock markets hit by US regional bank worries and trade tensions – business live

Rolling coverage of the latest economic and financial newsFears are swirling today that we could be facing a repeat of the US regional banking crisis of 2023.That episode led to the demise of US bank SVB and then Europe’s Credit Suisse.An initially positive risk mood turned during the US session yesterday after news that Zions Bancorp (-13.14%) made a $50m charge-off while Western Alliance (-10.81%) alleged it also suffered from fraud on loans to the same borrowers linked to distressed commercial mortgages.While this was an ostensibly isolated story at two banks each less than $10bn market cap, the event drew inevitable comparisons to the regional bank stress that followed the collapse of SVB in March 2023 and raised broader questions over potential credit quality issues after a lengthy period of elevated rates and expansion in private credit, following also the bankruptcy of subprime auto lender Tricolor last month. Continue reading...

Economics

8 d. ago Head of IMF says risks in private credit market keep her awake at night

Kristalina Georgieva urges vigilance over ‘very significant shift of financing’ after collapse of Tricolor and First BrandsThe head of the International Monetary Fund has admitted that worrying about the risks building up in non-bank lending markets keeps her awake at night.Kristalina Georgieva on Thursday urged countries to pay more attention to the private credit market, after the failure of the sub-prime auto lender Tricolor and the car parts supplier First Brands. Continue reading...

Economics

1 week ago JP Morgan boss says more ‘cockroaches’ will emerge after private credit sector failures

Jamie Dimon expects further weak links in ‘shadow banking’ sector to be revealed after collapse of two US firmsThe boss of JP Morgan, Jamie Dimon, has warned over further losses linked to the private credit sector, saying more “cockroaches” could emerge after the collapse of the sub-prime auto lender Tricolor and the car parts supplier First Brands.The bank said on Tuesday that although it had no exposure to First Brands, which sells car parts across the US, it had taken a $170m (£128m) hit from Tricolor, which collapsed amid fraud allegations last month. Continue reading...

Economics

2 w. ago First Brands creditor warns as much as $2.3bn has ‘simply vanished’

Raistone claim highlights scale of losses lenders fear they could be dealt as part of the auto supplier’s collapse

Events

2 w. ago Cut your energy bills by up to 10% with simple £1 item that's a 'game changer'

As well as increases in supermarkets, energy bills are putting financial strain on many UK households. But there is a simple way to cut your energy bills by up to 10%.

Economics

2 w. ago Three ways to reset your health and save cash with sober October

SOBER October is here – so it’s a perfect time to reset your health and save cash. The average household spends nearly £800 a year on booze. Giving up for a month could put around £65 back in the budget. At the same time, you could sign up to Macmillan Cancer Support’s Sober October challenge...

Politics

2 w. ago Fertility experts list the household items which can affect your chances of conceiving

Many scientists are now concerned by the chemicals, known medically as endocrine disruptors, which are found in a dizzying array of products around the home.

Politics

3 w. ago From duct tape to tea – the household items starting from 6p that can cure fat jab side effects, smelly feet and warts

MANY of the items lurking around your home could provide cheap fixes for common health issues, says a doctor. From black tea to duct tape, Dr Joe Whittington has divulged a number of hacks he's learned as an emergency medicine doctor to help make life when it comes to health problems that little bit easier....

Events

last month Auto lender’s bust signals strain in financial health of US households

Tricolor’s collapse highlights struggles of low-income consumers and their impact on the broader American economy

Society

last month 9 key ways you can slash energy costs ahead of Ofgem's energy price cap rise

The energy price cap is set to rise by more than 2% from October 1 - but there are ways you can lessen the financial strain

Economics