Wind power batteries can boost funds – Invinity Energy Systems help UK’s fossil fuel-free future.

Creative Media NewsThursday, 29 June 2023, 8:000

Wind power now provides nearly a third of the United Kingdom’s electricity, surpassing all other sources, including petroleum. Costs have decreased while capacity has increased and turbines have been constructed. However, the wind is unreliable. On tranquil days, it is in short supply. On windy days, excessive. This causes issues. When wind turbines produce more...

What is universal basic income and should everyone get “free cash”?

Creative Media NewsFriday, 9 June 2023, 10:000

A smattering of English households will receive monthly payments of £1,600 from the government for doing nothing if a trial of universal basic income is implemented. Universal basic income is the notion that giving all citizens the same quantity of money would reduce poverty and reduce the cost to taxpayers of operating a complex means-tested...

“Double access” savings accounts with two annual withdrawals now pay up to 4%.

Creative Media NewsFriday, 9 June 2023, 8:000

By choosing a little-known ‘double access’ account, savers can now earn up to 4 percent in interest. As long as you make no more than one or two withdrawals per year, these types of savings accounts pay a fixed interest rate. It means you can access your savings while still earning a comparable rate of...

Travel insurance “price out” the old and sick and don’t refer them to specialized providers

Creative Media NewsFriday, 9 June 2023, 6:000

New data shows millions of vacationers being priced out of travel insurance owing to medical issues or age. Despite the Financial Conduct Authority introducing rules in 2021 to assist those who fall into these categories, Which? reports that these groups are not being properly directed to specialist insurance brokers. Today, insurance executives are scheduled to...

Homebuyers face rates of above 6% as lenders respond to market instability

Creative Media NewsFriday, 9 June 2023, 4:000

Homebuyers with insufficient funds for a down payment must contend with mortgage rates that exceed 6 percent. The average interest rates on home loans have risen to levels not seen since the beginning of the year, according to new data, as lenders respond to increased market turmoil. Those who seek a two-year fixed-rate mortgage but...

First UK global surfing reserve in North Devon

Creative Media NewsWednesday, 7 June 2023, 10:000

The Beach cafe in Downend, north Devon, braces for a rush of customers during Atlantic swells. Colette Brooks, the proprietor, remarked, “No matter the weather, everybody comes in.” Brooks can watch low-tide waves crash on Croyde Beach from the cafe, which serves Sri Lankan curries on weekends. “I love to watch the surfers out there,”...

Alfa Financial Software combine harvester loans can help you profit.

Creative Media NewsSunday, 28 May 2023, 18:000

Asset finance is a booming industry. More than £65 billion has been lent to customers in the United Kingdom for the purchase of specific items, while global expenditure exceeds £1 trillion. Automobiles are the most popular item purchased in this manner, but the industry encompasses a vast array of products, including refrigerators, appliances, airplanes, and...

Millions of homeowners told they overpay £530million a year for mobile phone services for devices they’ve paid off.

Creative Media NewsTuesday, 9 May 2023, 2:000

According to Virgin Media O2, millions of households annually overcharge $530 million for their mobile phone plans. 93% of Brits don’t know their telecom provider can keep paying them for a device they bought. This issue primarily affects the elderly and those with the lowest incomes, according to Virgin Media O2. Consumers don’t understand mobile...

HBC, a London-listed Coca-Cola bottler, earns from higher prices and sales.

Creative Media NewsFriday, 5 May 2023, 20:000

The bottle manufacturer for Coca-Cola hopes to increase profits following a slow start to the year. Coca-Cola HBC, a company listed on the London Stock Exchange, reported a 24.4% increase in first-quarter revenues to £1.91 billion due to robust demand and successful price raises. The company, which bottles beverages for the U.S. behemoth and whose...

Hornby may lose money this year as sales fall short of internal budgets.

Creative Media NewsMonday, 24 April 2023, 0:000

Due to rising costs and weaker-than-anticipated sales, Hornby is on course for a modest annual loss, the retailer of models and collectibles reported. The model train company, which also produces Scalextric vehicles and Airfix model airplanes, reported to its shareholders that sales improved in the final quarter through the end of March, but will fall...

Halfords expects sales and profit to rise after ‘very tough conditions’.

Creative Media NewsThursday, 20 April 2023, 12:000

As the bicycle and automotive products retailer recover from “extremely challenging conditions,” Halfords anticipates a rise in sales and profit in the midterm. During the pandemic, business was booming, but in the past year, the company has been under pressure due to rising inflation and declining consumer confidence. Before today’s capital markets day presentation, Halfords...

The ombudsman reports a record number of electric car owners complaining in the first three months of 2023.

Creative Media NewsThursday, 20 April 2023, 10:000

In the first three months of 2023, electric vehicle owners expressed a record number of complaints about their vehicles. The Motor Ombudsman received 273 complaints in January–March, 163% more than in 2022 (104). Despite owner worries, this was attributed to the rising number of electric vehicles on the road. One-third of all complaints were about...

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