UK food prices could rise by 34% by 2050

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What to read right now…

The National Institute of Economic and Social Research has released its latest economic outlook for the UK and the staggering amount of tax that needs to be raised to plug the spending blackhole is… disheartening.

Meanwhile, average rent in London has reached a new high of £2,712 per month – but things are stabilising (ie, showing signs of falling).

By 2050, food prices could rise by 34% in the UK due to heatwaves and droughts. The caveat is that the data is based on high emissions output, which of course means it can be affected by what green policies are introduced in the interim.

And finally, I’m hesitant to share this because it doesn’t go into a tremendous amount of detail, so isn’t as helpful as it could be, but it is a good reminder to stay vigilant – a scam hunter who got scammed.

If you do fall victim to a scam, here’s how you might be able to get your money back.

The deal that’s a steal…

Mountain Warehouse’s summer sale* is back with up to 70% off many items.

This is usually my time to stock up on travel gear from hiking trousers to waterproof jackets.

But actually there are lots of random stuff you can use around the house as well.

They’ve got a pack of three vacuum storage bags* for just £3.99, for example – it’s 78% off the normal price of £17.99.

If you only do one thing…

It’s time to review your savings again. 

The Bank of England has dropped the Bank Rate to 4%, and many high street banks have already followed suit and dropped the interest rates on their savings accounts.

There are still some great savings rates available though, especially regular savers, so do shop around.