Watch: Poilievre concedes defeat before Portillo moment
In the early hours of Tuesday morning, excitement heightened among Canada's Liberals as Carney's party was projected to soar to victory in the election. As James Heale wrote for Coffee House this morning, what the economist has pulled off is nothing short of exceptional. At the start of the year, the Liberal party was languishing behind the Conservatives in the polls and even in the lead up to the vote, Carney and Poilievre were neck-and-neck. But as polling day neared and Donald Trump's attitude towards Canada soured, Carney's centrist lot managed to gain the upper hand – and currently the Liberals are within touching distance of securing a majority.
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The Sun
10 minutes ago
- The Sun
Santander makes huge change to 11 bank accounts – thousands will be worse off
SANTANDER has made a huge change to almost a dozen accounts this week in a blow to thousands of savers. The high street giant cut the interest rates on 11 of its savings accounts on August 11. 1 It comes after the Bank of England voted to lower its base rate from 4.5% to 4.25% in May. The decision came as a relief to millions of homeowners on variable rate mortgages, which rise and fall in line with the base rate. But the move often means smaller returns for savers, as when the base rate falls, interest rates on savings often do too. As a result, Santander has cut the interest rates on almost a dozen accounts this week. Among the accounts affected are the Easy Access Saver (Issue 26 and 27), which have seen their interest rates drop from 1.3% to 1.2%. If you had paid £2,000 into this account previously you would have £26 after one year. But now the rate has dropped to 1.2% you will earn £24 - a difference of £2. Meanwhile, several Isa accounts have also had their rates slashed. Among them is the Easy Access Isa (Issue 22 and 23) which has also seen its rate fall from 1.3% to 1.2%. The interest rate on the Help to Buy Isa will also be cut from 2.45% to 2.35%. The change means the amount of interest you would earn on a £2,000 deposit after one year would fall from £49 to £47. Children's accounts have also been hit by the interest rate changes. The rate on a Junior Isa has been cut from 2.8% to 2.7%. Plus, the interest rate on a Flexible Saver for Kids is now 1.95%, down from 2.05%. What types of savings accounts are available? THERE are four types of savings accounts: fixed, notice, easy access, and regular savers. Separately, there are ISAs, or individual savings accounts, which allow individuals to save up to £20,000 a year tax-free. But we've rounded up the main types of conventional savings accounts below. FIXED-RATE A fixed-rate savings account or fixed-rate bond offers some of the highest interest rates but comes at the cost of being unable to withdraw your cash within the agreed term. This means that your money is locked in, so even if interest rates increase you are unable to move your money and switch to a better account. Some providers give the option to withdraw, but it comes with a hefty fee. NOTICE Notice accounts offer slightly lower rates in exchange for more flexibility when accessing your cash. These accounts don't lock your cash away for as long as a typical fixed bond account. You'll need to give advance notice to your bank - up to 180 days in some cases - before you can make a withdrawal or you'll lose the interest. EASY-ACCESS An easy-access account does what it says on the tin and usually allows unlimited cash withdrawals. These accounts tend to offer lower returns, but they are a good option if you want the freedom to move your money without being charged a penalty fee. REGULAR SAVER These accounts pay some of the best returns as long as you pay in a set amount each month. You'll usually need to hold a current account with providers to access the best rates. However, if you have a lot of money to save, these accounts often come with monthly deposit limits. The interest rate on an Inheritance Isa has been slashed from 2.85% to 2.7% while the First Home Saver has seen the return it offers savers drop from 2.45% to 2.35%. All of these accounts have variable interest rates, which means the rate can go up or down. Savers impacted by the changes should have been contacted in June. Fortunately, the major bank still offers returns of up to 5% on its Regular Saver account. A spokesperson for the bank said: 'We are committed to delivering value for our savings customers and offer a range of competitive savings products.' On average savers have around £9,633 squirrelled away, according to online savings platform Raisin, which means it is vital to make sure you are getting the best return. Always compare different accounts to ensure you are getting the most for your money. What are the best accounts on offer? If you want to be able to access your cash at any time then you should go for an easy-access saver account. These accounts usually allow you to withdraw money when you need to without a penalty. But always read the small print as some of these accounts may only allow you to pay in a certain amount or make a set number of withdrawals or the rate will drop. The best easy-access account on offer comes from Chase and has an interest rate of 5%. This means if you saved £1,000 into this account you would earn £50 a year in interest. Meanwhile, Cahoot offers savers a return of 4.55% on savings of £1 or more. If you don't need access to your money right away then a notice account could be a great option. These accounts offer top rates but still let you access your money more easily than a fixed-rate bond. Stafford Building Society's 180 day account offers a return of 4.61% on balances of more than £5,000. Meanwhile, Plum's 95-day notice pocket pays 4.58% on £1 or more. How can I find the best savings rates? WITH your current savings rates in mind, don't waste time looking at individual banking sites to compare rates - it'll take you an eternity. Research price comparison websites such as Compare the Market, and MoneySupermarket. These will help you save you time and show you the best rates available. They also let you tailor your searches to an account type that suits you. As a benchmark, you'll want to consider any account that currently pays more interest than the current level of inflation - 3.4%. It's always wise to have some money stashed inside an easy-access savings account to ensure you have quick access to cash to deal with any emergencies like a boiler repair, for example. If you're saving for a long-term goal, then consider locking some of your savings inside a fixed bond, as these usually come with the highest savings rates. Do you have a money problem that needs sorting? Get in touch by emailing money-sm@
North Wales Chronicle
3 hours ago
- North Wales Chronicle
BBC apologises to Jenrick over suggestions he is xenophobic in Radio 4 broadcast
Mr Jenrick has accused the broadcaster of smearing 'millions of worried citizens as 'xenophobic' for their completely understandable fears'. While appearing on the radio on Wednesday, Krish Kandiah, a director of Sanctuary Foundation, claimed Mr Jenrick had increased 'fear of the stranger' among people. Mr Kandiah added: 'The technical name for this is xenophobia. 'All phobias are by definition irrational. Nevertheless, they have a huge impact. 'Over the past year, xenophobia has fuelled angry protests outside hotels housing asylum seekers, deepening divisions in our communities.' In a letter to the Conservative MP, the broadcaster's head of editorial standards Roger Mahony said the comments 'went beyond' what is expected of its Thought For The Day segment. Mr Mahony said: 'I have concluded that, while its reflection on fear in society from a faith perspective is broadly in line with expectations of Thought For The Day, some of the language it used went beyond that. 'I have asked for the two references to xenophobia to be edited from the programme on BBC Sounds. Please accept my apology for their original inclusion.' The content has since been removed from the programme on BBC Sounds. Mr Jenrick said: 'Illegal migration is obviously fuelling crime and the public are right to be concerned about it. 'It's extremely disappointing the BBC thought it was acceptable to smear millions of worried citizens as 'xenophobic' for their completely understandable fears about undocumented men entering illegally.' A series of protests have been held outside the Bell Hotel in Epping, Essex, over recent weeks after an asylum seeker was accused of attempting to kiss a 14-year-old girl. Hadush Gerberslasie Kebatu, 38, denies the charges of sexual assault and is due to stand trial this month. In a statement, the BBC said: 'During this episode of Thought For The Day, criticism was made of recent comments by shadow secretary of state for justice Robert Jenrick, about hotels housing asylum seekers. 'While the programme's reflection on fear in society from a faith perspective was broadly in line with expectations of Thought For The Day, some of the language used went beyond that and we apologise for its inclusion. 'It has been removed from the version on BBC Sounds.'
North Wales Chronicle
3 hours ago
- North Wales Chronicle
Man given suspended sentence for sending racist death threats to Rishi Sunak
Liam Shaw, 21, of Birkenhead, sent two threatening and offensive emails to the public email address of Mr Sunak on June 15 last year when the former Conservative leader was still prime minister, the Crown Prosecution Service (CPS) said. The emails were spotted by Mr Sunak's personal assistant and reported to the police. The CPS said the language in the two emails was 'racist, offensive and suggested Mr Sunak should be killed by the public'. The emails had been sent by Shaw's phone and police traced them to his email address and a hostel where he was staying in Birkenhead, Merseyside. Shaw was arrested by police on September 3 2024 and charged with two counts of sending by a public communication network an offensive, indecent, obscene, or menacing message. When the allegations were put to him by police, Shaw said: 'I don't even remember sending an email. I was probably drunk.' Shaw pleaded guilty to both counts at Liverpool Magistrates' Court on July 10 2025. He was sentenced at the same court on Wednesday to 14 weeks' imprisonment for both counts, to run concurrently, with the sentence suspended for 12 months. Shaw must also complete 20 days of a rehabilitation activity and a six-month drug rehabilitation course. The CPS also successfully applied for a restraining order which the court imposed for two years – it states that Shaw must have no contact with Mr Sunak or his constituency office in that time. District Judge Timothy Boswell said at the sentencing: 'Direct access to your constituency MP is a cornerstone of democracy. Misusing that access is detrimental to the democratic process. Clearly it is a highly aggravating factor for the offence.' Senior Crown prosecutor Matthew Dixon, of CPS Mersey Cheshire, said: 'Liam Shaw took to his phone that night to send racist and threatening messages to a person in an extremely important public office. 'The work of Members of Parliament is extremely important and the police and the Crown Prosecution Service play their part in keeping them safe and able to do their work without fear. 'The Crown Prosecution Service has always and will continue to safeguard a person's right to freedom of expression. 'But this is clearly a case where the comments made were utterly beyond the boundary of what is tolerable in a fair, just and multi-racial society, and passed into the realm of criminality. 'Racist abuse has no place, anywhere, in this day and age.'
