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GCSE Pass Rates in England Fall Back to Pre-Pandemic Levels

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Summary: GCSE results data for this year indicates a return to pre-pandemic pass rate levels. Pass rates in England have reached their lowest point since 2007 due to stricter grading . Wales maintains pass rates similar to 2018, while Northern Ireland achieves significantly higher pass rates . Pass rates for English and maths have improved across all nations compared to 2019. Balancing the shift towards pre-pandemic grading with student well-being remains a challenge. ...

Interest rates: Banks not passing on £23bn to savers

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Interest rates: Banks not passing on £23bn to savers Work no longer pays what it used to. Inflation is eroding our earnings and banks aren't passing on higher interest rates to savers. Pensioners like Carol say their money isn't working as hard as it used to. I've been trying to create a financial buffer. And every time I get a little bit saved, something happens. So that's going to be at the moment the cost of living crisis. If I want to actually have a life, I have to work. Back in December 2021, the Bank of England's interest rate stood at just 0.1%. With the average savings rate on the high street at 0.2%. But while the Bank of England has since hiked its main interest rate to 4%, average savings rates among high street banks have only risen to 1.88%. It means that those with £30,000 of savings only stand to make £569 in interest each year. That's less ...

FTSE 100 Surges to Four-Week Highs Led by House Builders

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Summary: FTSE 100 reaches four-week highs after consumer prices rise 7.9% in June, according to ONS data. Tata Motors announces £4 billion investment for the UK's first large-scale EV battery plant. National Grid sells 20% of the UK's gas network in a £700 million deal. Hargreaves Lansdowne reports a 6% jump in net new business during the quarter. Thacker Pass Lithium project gets approval from the US Court of Appeal, boosting Trident Royalty shares. London's FTSE...