The only man who never makes mistakes is the man who never does anything.

~ Theodore Roosevelt

Yahoo! Finance UK

Banks have been accused by a Government minister of “profiteering” by failing to pass on interest rate increases to savers while hiking the cost of mortgages.

Top bankers have been summoned to a meeting with the financial watchdog to discuss concerns about the treatment of savers.
FTSE 100 Live: ‘Central banks could end up overtightening’; five-year mortgage rates hit 6%; shares flat

The FTSE 100 started flat today, as housebuilders declined while the travel sector performed well.
Ever-increasing peak interest rate expectations upped the pressure on building stocks, while travel was boosted by optimistic updates from two of Europe’s leading low-cost airlines.
Crippling duty hikes’ to raise prices for 90% of wines sold in UK

Alcohol in the UK is about to get a lot more expensive as wine duty is set to increase by 20% and spirits duty by over 10%.
Alcohol duty will be unfrozen on 1 August and all alcohol will be taxed by strength, meaning higher ABV drinks will be taxed more heavily, leading to price rises for 90% of wines sold in the UK.

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