Prime Minister Rama: We are also looking at the average salary, a new scheme for all salaries

12:37 17/03/2023 After the increase of the minimum wage in the amount of another 400 thousand Lek that comes into force from April, Prime Minister Edi Rama has announced another scheme for wages. It is about the average salary and according to him, a new scheme is being studied for all salaries. “We are now … Read more

Average UK house prices hit record high of £254,606 in March, Halifax data shows

House prices hit a record high of £254,606 on average in March, according to research from a leading High Street bank. Figures from Halifax show house prices have jumped by 1.1% month-on-month. Across the UK, the average price is around £15,000 higher since the start of the national coronavirus lockdowns in March 2020 – equating … Read more

Car insurance costs fall £55 on average due to quiet lockdown roads

Car insurance costs fall £55 on average in just three months as quieter lockdown roads drive a record price drop for motorists The average premium in the last 3 months dropped to just £652  This is a fall of £55 since the previous quarter – the biggest fall in 9 years   The average cost of … Read more

Average daily Covid deaths in the US fall below 1,000 for the first time in nearly five MONTHS

The seven-day rolling average of daily COVID-19 deaths fell below 1,000 for the first time in nearly five months on Wednesday, a analysis of Johns Hopkins University data shows.  It comes after Centers for Disease Control and Prevention (CDC) director Dr Rochelle Walensky said Monday she was ‘scared’ and had ‘a feeling of impending … Read more

US records 66,000 average new coronavirus cases – the highest number in a MONTH

Coronavirus cases continue to rise across the United States, fueling fears of a fourth wave as officials urge Americans to keep following public health measures. On Monday, the U.S. recorded 69,417 new infections with a seven-day rolling average of 66,159, the highest figure in about a month. In the last week alone, the average number … Read more

The average Briton’s diet is responsible for the loss of four trees every YEAR

Average Briton’s diet is responsible for the loss of four trees every YEAR – with coffee, chocolate, palm oil and beef causing the most destruction Japanese researchers linked images of deforestation to food consumption  They found certain countries have a larger impact on different tropical forests Chocolate consumption in the UK is responsible for deforestation … Read more

Mortgage approvals up 40% on long-term average

Pandemic property boom drives mortgage approvals up 38% on long-term average, Bank of England data shows Mortgages for new home purchases 38% above 10-year average in February   Approvals dipped slightly compared with January but could surge again following the extension of the stamp duty tax holiday and first-time buyer boosts People borrowed £6.2bn against their … Read more

The average driver wouldn’t claim for any damage under £667

The average British driver wouldn’t make a claim on their insurance for any damage unless the repair bill exceeds £667, research has revealed. The most common reason for not claiming is because drivers believe the cost of the excess would be higher than the repairs themselves, closely followed by fears that it would bump up … Read more

Car owners saved on average £670 on motoring bills in the last 12 months, says insurer

Motorists have collectively saved £25.6billion on vehicle expenses since the start of lockdown in March 2020, according to a new report.  With the public told for most of the previous 12 months to stay home to stay safe, car usage has plummeted over the course of the year. The average owner has spent £670 less … Read more

Covid UK: House prices soared by £17,000 last year to average £249,000 in January

Average house prices soared by £17,000 last year to an average £249,000 in January as the market defied coronavirus lockdowns.   In the second half of 2020, the reopening of the housing market following the easing of coronavirus restrictions unleashed a wave of pent-up demand as households moved to bigger homes outside big cities. Emboldened by … Read more