Money blog: Four major lenders hike mortgage rates in 'unseasonally bad' market

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Departures with the budget airline from UK airports were an average of 31 minutes and 36 seconds behind schedule last year, according to analysis. Read this and the rest of today's consumer and personal finance news in the Money blog - and leave your thoughts on anything we cover below.

UK drivers are losing at least £112m unnecessarily every year due to an avoidable issue, a new study suggests.Research by the Motor Ombudsman reveals drivers are wasting rubber - and money - by driving on tyres that are inflated below manufacturer-recommended levels.The ombudsman said that as well as presenting 'many hidden dangers', under-inflation means tyres wear out far quicker than they should, reducing their lifespan and leading to more frequent trips to the garage.

Figures from the British Tyre Manufacturers' Association and charity TyreSafe reveal around 57% of cars on UK roads have tyre pressures at 10% less than recommended - equating to around 19 million cars.The Motor Ombudsman said that with the most commonly seen tyre sizes averaging £85 a tyre, the total bill for the nation's drivers is at least £112m every year.

 

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