Breaking News
How to Grow Mushrooms in a Cardboard Box (Zero Skills Needed)
GOING VIRAL: a leaked video shows Campbell's Soup VP admitting their soup is "gross"..
Traitors in Government Fund Israel, Ukraine, and NATO Parasites
Kellogg Fired Over Leaking 28-Point Plan - Proposal Designed To Trap Putin
Top Tech News
Mach-23 potato gun to shoot satellites into space
Blue Origin Will Increase New Glenn Thrust 15-25% and Make Rocket Bigger
Pennsylvania Bill – 'Jetsons Act' – Aims To Green-Light Flying Cars
New Gel Regrows Dental Enamel–Which Humans Cannot Do–and Could Revolutionize Tooth Care
Researchers want to drop lab grown brains into video games
Scientists achieve breakthrough in Quantum satellite uplink
Blue Origin New Glenn 2 Next Launch and How Many Launches in 2026 and 2027
China's thorium reactor aims to fuse power and parity
Ancient way to create penicillin, a medicine from ancient era
Unbanked In A Connected World
Despite Central Bank Cuts, UK Credit Card Rates Hit Highest Levels In 13 Years
Per the report, the average annual percentage rate (APR) reached 24.7% in September - the highest since financial website Moneyfacts.co.uk began recording data. The average APR was 23.4% this time last year.
"Consumers who turn to credit cards for their everyday purchases will find that the cost to borrow is starting to rise, as the most lucrative low rate cards have worsened," said moneyfacts' Rachel Springall.
"In fact, over the past quarter, we said goodbye to the lowest rate purchase credit card on the market and have seen rates increase on these lucrative offers."
This decoupling of soaring credit card rates from flat-to-falling wholesale money rates echoes that of the US where credit card rates have exploded higher in recent months...