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Record numbers of UK renters crowdfunding to cover bills

Rent donations on GoFundMe up 60% since 2022, with 100,000 donors helping people keep a roof over their heads

A record number of people in the UK are turning to crowdfunding to cover rent and household bills, with GoFundMe reporting more rent-related fundraisers were created in April than in any month on record.

The platform said donations towards rent support had risen by 60% since 2022, with more than 100,000 people a month contributing to help others meet their housing costs.

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© Photograph: Supplied

© Photograph: Supplied

© Photograph: Supplied

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Rachel Reeves suggests if it ain’t broke, don’t fix it - as fight to keep her job goes on

The GDP boost has raised the chancellor’s prospects for staying in post, whoever wins the Labour leadership battle

The message from Rachel Reeves is clear. After Britain’s economy defied the predictions for a slump in March, despite the fallout from the Iran war, why put things at risk with a roll of the dice in domestic politics?

Responding to bumper growth of 0.3% in March – much stronger than City economists’ forecasts for a 0.2% contraction – the chancellor said the figures showed she had the right economic plan, in a comment laced with subtext.

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© Photograph: Henry Nicholls/AFP/Getty Images

© Photograph: Henry Nicholls/AFP/Getty Images

© Photograph: Henry Nicholls/AFP/Getty Images

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Milka maker milked shoppers over size of chocolate bars, German court rules

Brand owner Mondelēz was accused of reducing weight of Alpine Milk bar from 100g to 90g without significantly altering the packaging

Many chocolate lovers consider shrinkflation a serious crime – and they have been vindicated after a German court ruled that the makers of Milka cheated consumers by cutting the bar’s size, while keeping the wrapper the same.

The three-week case in a regional court was brought by Hamburg’s consumer protection office. It accused the chocolate brand’s US owner Mondelēz of deceiving shoppers by cutting the weight of Milka’s classic Alpine Milk bar from 100g to 90g without significantly altering the distinctive purple packaging.

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© Photograph: APA-PictureDesk/Alamy

© Photograph: APA-PictureDesk/Alamy

© Photograph: APA-PictureDesk/Alamy

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Has Labor’s tax reform killed ‘rent-vesting’ for young Australians seeking a foothold in the housing market?

Changes to capital gains tax and negative gearing will make the strategy of renting in a preferred area while buying a cheaper property elsewhere less attractive, experts say

Rent-vesting – a popular strategy used by young Australians to save for their first home – could be killed off by Labor’s tax changes on investment properties, experts warn.

Renters have used the strategy to keep living in their preferred area while buying a cheaper property elsewhere, hoping it will rise in price so they can sell and put the profits towards their first home.

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© Photograph: georgeclerk/Getty Images

© Photograph: georgeclerk/Getty Images

© Photograph: georgeclerk/Getty Images

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UK households cut back spending at fastest rate in 18 months, Barclays says

Dip in credit card spending in April, particularly on travel, suggests Britons preparing for harder times amid Iran war fallout

Households cut back on their spending in April at the fastest pace in 18 months, as the conflict in the Middle East provoked fears of another cost of living crisis, a report from one of the UK’s biggest banks has suggested.

Barclays, which processes nearly 40% of the UK’s credit and debit card transactions, said its data showed there had been a 0.1% fall in card spending last month compared with a year earlier. This was the first year-on-year fall since November 2024.

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© Photograph: NurPhoto/Getty Images

© Photograph: NurPhoto/Getty Images

© Photograph: NurPhoto/Getty Images

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Trump vows to pause federal gas tax after Iran war boosts US fuel prices to four-year high

National average for gas prices has risen by well over a dollar per gallon since late February

Donald Trump pledged to suspend the US federal gas tax in a bid to reduce pressure on Americans after the US-Israel war on Iran sparked a sharp rise in fuel prices.

The US president told reporters on Monday that his administration would look to pause the tax “till it’s appropriate”, as drivers count the cost of the surge in oil prices in the two months since US and Israel forces attacked Iran.

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© Photograph: Jenny Kane/AP

© Photograph: Jenny Kane/AP

© Photograph: Jenny Kane/AP

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Heathrow passenger numbers dip as demand for international travel ebbs amid Iran war fallout

Airport reports 5% decline but transit passenger business rises as fliers use hub to avoid Middle East airports

The number of passengers flying from London Heathrow fell last month, as war in the Middle East weighed on demand for international travel.

About 6.7 million people flew through the airport in April, a 5% drop compared with the same period last year.

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© Photograph: Avpics/Alamy

© Photograph: Avpics/Alamy

© Photograph: Avpics/Alamy

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Worried Britons ‘prepping’ for major disruption with stash of tins and cash, survey shows

Fears over a natural disaster or cyber attack are pushing households into contingency planning, Link survey shows

Millions of Britons are “prepping” for a potential “major disruptive event” by keeping a stash of cash at home, stockpiling tinned goods or ensuring they have a battery-powered torch close to hand, new data suggests.

With war raging in the Middle East and Ukraine, extreme weather becoming more frequent, and warnings that the UK’s critical infrastructure is at risk from cyber-attacks and power outages, many people feel the world has become a more dangerous and chaotic place.

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© Photograph: Gina Kelly/Alamy

© Photograph: Gina Kelly/Alamy

© Photograph: Gina Kelly/Alamy

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