Cost of living latest: Supermarket suppliers crisis warning; insurance payouts for subsidence soar

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Cost of living latest: Supermarket suppliers crisis warning; insurance payouts for subsidence soar
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Some supermarket suppliers are 'struggling to survive', according to an open letter from farmers; insurance payouts for subsidence rise by 24%. Listen to the latest episode of the Ian King podcast as you scroll.

Time to switch savings accounts? Here's 6 tips for you

Commercial bank Shawbrook has compiled a list of tips for anyone who might be nervous about making the switch:If it seems low, you could well be missing out on a much better rate elsewhere.Before moving any money to a bank or savings account, check that it is protected. Under the Financial Services Compensation Scheme you are covered if a bank or building society fails.

Whatever it is you are saving for, or however much you are saving, choosing the right account is key. According to the Association of British Insurers , the equivalent of £8.6m was paid out every day over the period.An increase in subsidence complaints after last summer's heatwave partly drove an 11% rise in home insurance claims compared to 2022, the ABI said.

It believes the growth in popularity of accommodation rental companies during the pandemic sparked rising prices. The letter, sent to the bosses of Tesco, Sainsbury's, ASDA, Morrisons, Aldi and Lidl, urges companies to treat suppliers more like family and warns British agriculture is"on its knees". The letter is part of the Get Fair About Farming campaign launched by the Riverford Organic vegetable box company, which is calling for better protections for farmers.As temperatures drop, draughty doors can become more than just a pain when you're trying to relax in your home.

The Energy Saving Trust predicts draught-proofing your home could save you around £50 per year - so even if you'd rather a purpose-built draught excluder than an old towel, it's worth being prepared as the colder weather looms.Buy-to-let mortgage lender The Mortgage Works has announced a reduction on selected switcher mortgage products from tomorrow.

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