Covid-19 allowed for an experiment in US healthcare: what if doctor’s visits and hospitalizations didn’t cost people money? In response to the pandemic, major health insurers volunteered to cover coronavirus testing and treatment for their paying customers and the government introduced programs to make care more affordable. But a year after coronavirus was first identified…
Goldman Sachs has reopened its Marcus-branded online savings accounts to UK customers, nearly eight months after an increase in demand forced it to temporarily pull applications. The Wall Street bank said it was reopening its doors, given that “conditions in the savings market have changed” since last summer. Cash-rich households, who were lucky enough to…
One in four adults in the UK have been left financially vulnerable as the fallout from Covid-19 drives more people into debt, according to the City regulator. The Financial Conduct Authority said the number of people now struggling with low financial resilience – which is defined as over-indebtedness, low savings levels or low or erratic…
Royal Mail delivered more parcels than ever during the Christmas quarter of the year amid lockdowns across the UK, but the company apologised for disruptions to service that it blamed on Covid-19 absences. The company delivered 496m parcels during the last three months of 2020, 30% higher than the same period in 2019, it said…
Britain’s housing market slowed at the start of the year, with new property listings, buyer enquiries and sales all falling in January, according to a survey. The market slowed markedly despite being allowed to stay open during the country’s third national coronavirus lockdown, said the Royal Institution of Chartered Surveyors (Rics). Its monthly survey found…
Stella Creasy, the senior Labour MP, is threatening to take the government to court over a bill giving six months’ paid maternity leave to cabinet ministers only – as she discloses she is nine weeks’ pregnant. Creasy told the Guardian it was “terrifying” to reveal she was in the early stages of pregnancy, especially with…
