Scots face a "winter of worry" when it comes to paying fuel bills despite a slight drop in wholesale prices.
07.08.2023 - 04:07 / dailyrecord.co.uk
Over 60,000 Scots homes face a higher risk of repossession due to the Tory mortgage “bombshell”.
New analysis shows households are struggling to cope with rising interest rates and debt repayments.
Labour MSP Mark Griffin said: “The stress and anxiety facing many homeowners in Scotland right now is palpable, but the disastrous response from government has left them with nowhere to turn.
“While people are seeing their monthly mortgage payments soar beyond belief, both the Tories and the SNP are missing in action and have no long-term plan to support homeowners.”
The Bank of England raised interest rates to 5.25% last week - the fourteenth consecutive rise since December 2021.
Experts believe the pressure on homeowners was made worse by former Chancellor Kwasi Kwarteng who nearly tanked the economy over a series of unfunded tax cuts.
Research by Scottish Labour, based on Bank of England data, shows that by the end of the year around 61,410 households will be facing difficulties with debt repayment.
Griffin added: “We cannot afford to simply stand on the side lines and let people weather this storm alone.
"Only Labour has a real plan to support people through this crisis by forcing banks to provide support for those at risk of repossession, and by revamping the Mortgage to Shared Equity Scheme in Scotland.”
Mortgage holders on tracker deals face nearly £24 per month being added to their payments, on average, following the latest base rate rise.
For homeowners on a standard variable rate (SVR) mortgage, the average payment could increase by £15.14 per month or nearly £182 per year.
Over eight in 10 (81%) homeowner mortgages outstanding are fixed-rate deals – but these households could be in for a bill shock when their current deal
Scots face a "winter of worry" when it comes to paying fuel bills despite a slight drop in wholesale prices.
Emily Longeretta SPOILER ALERT: This story contains spoilers from the series finale of “Riverdale,” which aired on The CW Wednesday, August 23. The end of “Riverdale” has arrived — after seven seasons of milkshake-drinking, love triangles, crime- solving and one incredible bear attack. The CW’s teen drama-turned-supernatural phenom finally wrapped up on Wednesday night, but not before throwing in a few more major twists. The finale, titled “Goodbye, Riverdale,” jumped ahead 67 years.
A woman is claiming that she was scammed by someone pretending to be Dacre Montgomery!
A Scots tyre company has been fined £9,800 for health and safety breaches after the death of an employee.
As summer reaches its final weeks, it’s time to prepare for the Fall TV season. And FX‘s slate has a couple of intriguing additions to its rosters.
Doja Cat is speaking out. A month after the 27-year-old rapper reportedly lost more than 180,000 Instagram followers for speaking negatively about her fans, she addressed the situation.«Seeing all these people unfollow me makes me feel like I've defeated a large beast that's been holding me down for so long and it feels like I can reconnect with the people who really matter and love me for who I am and not for who I was,» she wrote on her Instagram Story. «I feel free.»The same day Doja Cat released her statement, the singer was announced as one of three cover stars for 's September '23 ICONS issue.
A GP has warned patients to look out for a "silent killer" health condition that puts them at risk of serious illnesses.
Refresh for latest…: It’s still a Barbie world this weekend as the Greta Gerwig-directed charmer reached a global cume of $1.184B. Last session, Margot Robbie’s living doll crossed the $1B threshold, and in this 4th frame added $45.1M in 75 offshore markets (a 47% dip) to bring the international box office cume to $657.6M.
Tyrese Gibson is suing Home Depot after he says he was racially profiled in one of their stores.According to the lawsuit, obtained by the over the weekend, the star alleges he and craftsmen Eric Mora and Manuel Hernandez «experienced outrageous discriminatory mistreatment and consumer racial profiling first-hand» at a Home Depot store in the West Hills neighborhood of Los Angeles. The lawsuit dates back to a February 11 incident, in which Gibson claims that Home Depot clerks allegedly «purposely interfered with and refused to process» a transaction by Gibson, Mora and Hernandez based on «their skin color» and the craftsmen's «national origin.» Gibson is black, while both Mora and Hernandez are of Mexican descent.According to the docs, the trio were buying items for a home improvement project when they ran into an issue during the checkout process.
Zack Sharf Digital News Director Tyrese Gibson and his associates, Eric Mora and Manuel Hernandez, are suing The Home Depot for $1 million over what they claim was a racial profiling incident that took place at a Los Angeles-area store. The alleged incident took place on the evening of Feb. 11, 2023.
Sandra Bullock is in mourning. The actress' long-time partner, Bryan Randall, died on Saturday, Aug.
The 1975, following the band using their set to criticise Malaysia’s anti-LGBTQ laws.The moment took place during the band’s headlining set on July 21 – the first day of the three-day festival – when frontman Matty Healy, drinking on stage, smashed a festival-operated drone and kissed bassist Ross MacDonald in front of the crowd.The set was cut short and the next day, the remainder of the three-day festival was later cancelled by the authorities and both Healy and the band were banned from performing in the country.Now, it has been confirmed that the organisers behind the festival – Future Sound Asia – are pursuing legal action against them, and have sent a Letter Of Claim to the British indie band.According to the press release, the claim demands that The 1975 acknowledge their liability and compensate Future Sound Asia (FSA) for the damages incurred. It also states that if the band fail to do so, the organisers will pursue legal proceedings in the Courts of England.“FSA would like to reiterate their strong disapproval of the Band’s behaviour during their performance at GVF2023,” it reads.
TruSkin Vitamin C Serum is currently 20% off. For soft, bright skin that feels and looks amazing, you can get the TrukSkin Vitamin C Serum for just $37 at Amazon — but hurry as this is a limited-time deal.Loaded with ultra-hydrating Hyaluronic Acid, Vitamin E and jojoba oil, this anti-aging serum protects your skin with clean ingredients that brighten your skin day and night.
The Office star Leslie Baker has announced that he is returning over $100,000 (£78,276) of donations fans sent to his Kickstarter campaign for a proposed Stanley Hudson spin-off.Baker went viral for launching the campaign back in 2020, but has been unable to get the project, titled Uncle Stan, off the ground. The show was set to centre around Stanley as he came out of retirement in Florida and travelled to Los Angeles to help his nephew save his motorcycle/flower business.The actor launched the campaign with a crowdfunding goal of $300,000 (£234,747).
Lizzo has lost over 154,000 followers on Instagram following accusations of sexual harassment and a hostile work environment.The accusations against the singer arose on Tuesday (August 1), when three of her former backup dancers filed a lawsuit against her.The dancers – Arianna Davis, Crystal Williams and Noelle Rodriguez – name Lizzo, her production company Big Grrrl Big Touring Inc., and her dance team captain Shirlene Quigley as defendants.The rapper, singer, songwriter and actress is accused of pressuring a co-worker to touch a naked performer in an Amsterdam club and subjecting dancers to “excruciating” auditions. It also cites claims of religious and racial harassment, false imprisonment, interference with prospective economic advantage and more.Yesterday (August 3), Lizzo responded to the accusations via a statement on her official social media channels, claiming that the allegations are “false”.“I am not here to be looked at as a victim, but I also know that I am not the villain that people and the media have portrayed me to be these last few days,” she wrote in the post.
Follow OK! on Threads here: https://www.threads.net/@ok_mag This series' Love Island stars have been seen at the airport in Spain as they make their way home following two months of sunshine in the Majorcan villa.The final four couples, including winners Jess Harding and Sammy Root, runners-up Whitney Adebayo and Lochan Nowacki, third place Islanders Tyriqye Hyde and Ella Thomas, and fourth place's Molly Marsh and Zachariah Noble were all making the trip home. Jess and Sammy won the show during Monday night's final, 31 July, and ITV revealed the voting figures, which saw them receive 34.57% of the whole vote, whereas Whitney and Lochan got 26.85%.Third place couple Ella Thomas and Tyriqye Hyde were close with 24.21%, whilst Molly Marsh and Zachariah Noble came in fourth place with 14.37% of the public vote. The Islanders looked jubilant and firm friends after spending eight weeks together.
While the industry fears further theatrical date shake-ups for 2023 due to the strikes, next year is getting beefed up. Today, Lionsgate has dated another faith based music feature from Kingdom Story Company for April 26, that being Unsung Hero.
New neighbours are guaranteed to get the curtains twitching in any street. But no one expects to get an eyeful of models dropping into a dowdy suburban home for kinky S&M style photo sessions.
A potential class action lawsuit has been filed against Google, claiming it overcharges advertisers for the “privilege of autoplaying their advertisements into the void.”
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