AstraZeneca, Sanofi RSV Drug for Infants Wins CDC Backing
A drug from AstraZeneca Plc and Sanofi to protect infants against a potentially fatal respiratory illness won backing
2023-08-04 19:48
How extreme heat is making your gas more expensive
This summer's historic heatwave is making life more expensive for American drivers.
2023-08-04 17:57
Soaring mortgage costs ‘affecting mental health of almost a third of people’
Almost a third of people in England and Wales said their mental health has been affected by soaring mortgage costs in the past year, according to new research. For people with existing mental health problems, nearly four in 10 said the rising costs had worsened their mental health. Mind, the UK’s biggest mental health charity, also said it had seen a 55% increase in the number of people contacting its Infoline over the last 18 months about financial difficulties, including welfare, unemployment and personal debt. The charity’s survey of 3,015 respondents across England and Wales in March and April came before Thursday’s news that the Bank of England had raised interest rates to 5.25% from 5%. The hike, which is yet another bid to get inflation under control, will put more pressure on mortgage holders. Mind’s survey – carried out by Censuswide – suggested that 29% of people had been affected by hearing about or experiencing increasing mortgage costs over the last year. Ten per cent said that it had affected their mental health a lot, the charity added. For people with existing mental health problems, some 36% said the increasing mortgage costs had made their mental health worse. Money problems and mental health often form a vicious cycle, and when we’re struggling to deal with one, the other can become much harder to manage, particularly when it threatens to impact our housing situation Vicki Nash, Mind The charity said younger people were particularly affected, with almost half (48%) of those aged between 16 and 24 saying that the mortgage situation had impacted on their mental health. Vicki Nash, Mind’s associate director of external affairs, said financial difficulties and mental health problems “often form a vicious cycle”. She said: “As we continue to grapple with the rising cost of living, news of yet another possible increase in mortgage rates will be difficult for many families to bear. “Money problems and mental health often form a vicious cycle, and when we’re struggling to deal with one, the other can become much harder to manage, particularly when it threatens to impact our housing situation. “We know some people are becoming so unwell that they need hospital treatment for their mental health. “When this happens the care they receive when they leave hospital is critical so we are calling for the introduction of comprehensive welfare checks, including of people’s financial situation. “These figures show this is a mental health emergency that everyone is going to need help to deal with. We know we can’t fix the cost-of-living crisis but support for your mental health is out there, and we are here for you. “This includes through Mind’s Infoline, online community, Side by Side and the useful information on our website that will be available throughout this difficult period.” Mind has a confidential information and support line which can be called on 0300 123 3393 between 9am and 6pm from Monday to Friday, or people can visit mind.org.uk. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live The devastating mental health impact of soaring mortgage costs Consuming foods with added sugars may increase risk of kidney stones – study Why TikTok is going wild for lip oil
2023-08-04 17:47
GSK’s Nigerian Unit to Close Down, Return Cash
GlaxoSmithKline Consumer Nigeria Plc, the second-biggest drug firm in the West African nation, will cease operations after its
2023-08-04 16:52
Aramco, Siemens Energy, Novo Nordisk Top European Earnings to Watch Next Week
As a dense but brief European earnings season draws to a close, a handful of big hitters spanning
2023-08-04 15:47
Saudi Budget Slips Deeper Into Deficit With Jump in Spending
Saudi Arabia’s budget deficit widened in the second quarter as the government raised spending on social benefits and
2023-08-04 15:19
Credit Agricole Nears Deal for Degroof Petercam
Credit Agricole SA will acquire a majority stake in Belgian asset and wealth manager Degroof Petercam, as the
2023-08-04 15:18
Egypt Surprises With Rate Hike Even as Devaluation Delayed
Egypt unexpectedly resumed its cycle of monetary tightening, seeking to tame inflation that’s running at an all-time high.
2023-08-04 13:48
China drops Australia barley tariffs after three years
The relationship between Canberra and Beijing has thawed since the election of Prime Minister Anthony Albanese.
2023-08-04 13:47
UAE’s $60 Billion Firm Chases Global Deals Despite Vodafone Snag
Vodafone Group Plc’s biggest shareholder is pushing ahead with an ambitious global expansion strategy, undeterred by a slump
2023-08-04 13:20
Jokowi’s EV Ambition Takes A Step Forward With Cathode Factory
President Joko Widodo’s ambition of building out Indonesia’s electric-vehicle supply chain is seeing another step forward with plans
2023-08-04 10:55
Superconductor Stock Frenzy Fizzles in Korea Amid Growing Doubts
Stocks that soared recently in South Korea on researchers’ claim of a breakthrough in superconductor technology tanked Friday
2023-08-04 10:48