18 may 2019 npower headline news today
A blast from the past! According to the archives, here are some of the top headlines from NPower's website on May 18th, 2019:
Top Stories
- Brexit Uncertainty Hits UK Economy: The UK's economy has slowed down significantly due to the ongoing Brexit uncertainty, with GDP growth falling to 0.2% in the first quarter of 2019.
- Sterling Plunges to 20-Month Low: The pound has hit a 20-month low against the US dollar, as investors remain concerned about the impact of a no-deal Brexit on the UK economy.
- UK Inflation Rate Remains Stable: The UK's inflation rate has remained stable at 2.1% in April, according to the Office for National Statistics (ONS).
- UK Unemployment Rate Falls to 3.8%: The UK's unemployment rate has fallen to 3.8%, its lowest level since 1975, according to the ONS.
- UK GDP Growth Slows to 0.2%: The UK's GDP growth has slowed down to 0.2% in the first quarter of 2019, according to the ONS.
Business News
- Amazon to Create 1,000 New Jobs in the UK: Online retail giant Amazon has announced plans to create 1,000 new jobs in the UK, as part of its expansion plans.
- HSBC to Cut 35,000 Jobs Globally: Banking giant HSBC has announced plans to cut 35,000 jobs globally, as part of its efforts to reduce costs and improve efficiency.
- EasyJet to Cut 4,000 Jobs: Low-cost airline EasyJet has announced plans to cut 4,000 jobs, as part of its efforts to reduce costs and improve efficiency.
Personal Finance
- Savings Rates Fall to Record Low: Savings rates have fallen to a record low, with the average easy-access savings account offering just 0.11% interest.
- Mortgage Rates Fall to 10-Year Low: Mortgage rates have fallen to a 10-year low, making it cheaper for people to borrow money to buy or remortgage a home.
- Pensioners to Get 2.8% State Pension Increase: Pensioners are set to receive a 2.8% increase in their state pension, as part of the government's annual uprating of the basic state pension.
These are just some of the top headlines from NPower's website on May 18th, 2019.