Finance Roundup: 2nd April 2023
- Publish Date: Posted 2 months ago
- Author:by VANRATH
VANRATH rounds up all the latest finance news stories this week
House prices see biggest annual fall since 2009
The lender said prices were down 3.1% compared with a year earlier, the largest annual decline since July 2009.
Plans to accelerate rise in state pension age frozen
Work and Pensions Secretary Mel Stride said uncertainty around life expectancy and the public finances had driven the decision - which Labour branded 'a damning indictment of 13 years of failure'.
National living wage rise to give 'significant' pay boost to 1.7 million UK workers
About 1.7 UK million workers will benefit when the national living wage (NLW) rises by 9.7% to £10.42 an hour on 1 April, according to a think tank.
Train tickets costing a third more than flights, study shows
Train travellers are paying a premium on many routes, with train tickets costing on average a third more compared to domestic flights.
NatWest and Lloyds to axe a further 81 bank branches
Banks say customers are rejecting traditional counter services in favour of online banking.
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