Tag: offset

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US poverty fell in 2020 as government support offset pandemic damage

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US poverty fell in 2020, evidence that government aid can lift millions of Americans out of poverty – even in a global health and economic crisis. The first months of 2020 were marked by unemployment levels unseen sin...

Offset mortgages: are they making a post-Covid comeback?

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Their heyday was the late 1990s and early 2000s, but since then they have fallen out of favour. However, offset mortgages appear to be making a comeback, with some brokers reporting increasing demand. They link your s...

Tesco profits fall as Covid costs offset sales surge

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Tesco’s profits fell by almost 20% to £825m during the past year, despite growing sales and winning customers from its rivals, because of the increasing cost of operating during the coronavirus pandemic. The retailer’...