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  • our chicago

Our Chicago: Memorial Day weekend and summer travel

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CHICAGO (WLS) -- Memorial Day weekend is the unofficial kick-off to summer. AAA expects 43.8 million Americans will travel 50 miles or more over the holiday.

ABC7 Chicago is now streaming 24/7. Click here to watch

But what about the rest of the summer? Airlines for America, an industry trade organization, forecasts that U.S. airlines will transport 271 million passengers between June 1 and Aug. 31.

That's up more than 6% from 2023, which was a record breaking year. But what will travelers find when they go to buy plane tickets?

"If they plan early, they will help themselves because flights are full this summer. nd the ones that are nearest in are going to cost you the most," said AAA Vice President of Travel Debbie Haas said. "The other thing they can do is work with a travel advisor because travel advisors have access to inventory that an individual might not find on their own and travel advisors know ways to bundle hotels and flights to get extra value."

Ja'Vonne Harley is the owner of Advantage International and hosts the radio program Traveling Culturati. She said domestically, Chicago is a popular travel destination, along with Las Vegas and New York.

Our Chicago: Part 2

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International flights aren't too behind on demand.

"You're talking about London, you're talking about Paris, of course, Rome and Japan." Harley said. "Japan was very slow reopening after the pandemic. They actually opened in October of 2022, so many people are still traveling there. It's only been about a year-and-a-half since they reopened."

Another destination that some might have considered is Scandinavia.

"Folks are increasingly gravitating towards Scandinavia, particularly in summer because of the cooler weather up there," Haas said.

Harley added that it's not too late to plan an international trip.

"You can still get some good prices now, but don't delay. Because not only are we looking at record travel numbers for the summer, but also understand that air traffic controllers are still short about 3,000 and that has caused airlines to limit some of the flights that they would have otherwise had. So, there may be a shortage of some flights and that's why so many are full already," Harley said.

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Morris Solar Project eyeing finish line, officials explain how power will be distributed

Construction continues on the largest solar farm in the Show-Me State. 

The nearly $400 million facility is located east of State Highway 3 near Troy Mills in Adair County and extends south toward the Kirksville Regional Airport. 

Solar Panels will be spread across the 1,100 acres the project covers. 

According to AES Senior Project Manager Jeff Cole, everything is still right on track with the project. 

"Our substantial completion date is the end of March 2025," Cole said. "We did have a few weather delays because of the harsh winter and some rain days, but we're still on track."

Each day, more panels are delivered in large cardboard boxes and placed around the project to be installed. 

During construction, over 340 jobs have been created for this project alone. 

When the facility is operational, it's expected to create a few full-time positions and provide additional tax revenue for the county. 

"There is an approximately $8-9 million tax revenue that the county will receive over 25 years to 35 years of the project," Cole said. "In addition to that, this project will create approximately 4-5 full-time jobs here at Morris Solar .

As Cole stated, the facility is expected to be in Adair County for at least 25 years, but plans are in place for it to be here for 35 years. 

"We have a 30-year lease, with an option to extend, so 35 years is correct," Cole stated.

I asked: "How will the panels provide electricity to surrounding homes and businesses?"

"The energy we're producing will hit the Zachary Substation which is Ameren's grid," Cole replied. "We have an off-taker, who will actually be purchasing this power, but the actual electrons, the actual energy being produced, once it hits the grid, Ameren will decide what to do with it, where it goes and how it gets on the grid. In essence, yes, it's likely, this energy will at least somewhat be used locally, but I can't tell you how much."

Cole also said that if the county wants the facility removed, AES has a process to completely remove all its materials from the site. 

"This is a permitted project, so it's unlikely to happen," Cole said. "Now obviously, when we do decommission this site, we will of course come in and remove everything, [...] and everything will be recycled."

There have also been some viewers who have been curious about what AES does with any broken panels . 

The company has a partnership with a Texas Company called SOLARCYCLE that recycles the materials from those panels to have them reused in other renewable energy projects. 

When asked about this project in the past, the Adair County commissioners said it was good for the county to have multiple sources of power . 

Another big plus they see from the project is the nearly $9 million of tax revenue to the county. 

A majority of the tax revenue will to go to the Kirksville R-III School District.

The facility is expected to produce enough electricity to power 36,000 homes. 

AES also signed a road-use agreement with Adair County in 2022 that requires them to return the area roads to at least or if not better than pre-construction condition. 

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Morris Solar Project eyeing finish line, officials explain how power will be distributed

Time in Elektrostal , Moscow Oblast, Russia now

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Sunrise, sunset, day length and solar time for elektrostal.

  • Sunrise: 03:56AM
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Money blog: Darts fans in shock over price of pint; which biscuits have most sugar?

The new energy price cap has been announced, and it means average bills will fall by more than £100 from July. Read about this and the rest of today's consumer and personal finance news - and leave a comment - in the Money blog below.

Friday 24 May 2024 14:36, UK

  • Energy bills to be cheaper from July as price cap falls to £1,568
  • But predictions say cap will rise again
  • What now for mortgages after inflation and election announcements?
  • TSB and Nationwide are paying new customers to join  
  • June cut in interest rates 'ruled out by inflation figures'
  • 'Absolutely disgraceful': Darts fans left in shock over price of pint

Essential reads

  • Which biscuits have the least sugar? Your guide to elevenses
  • Savings Guide: Britons urged to act quickly to grab above-inflation savings rates while they last
  • Top Northern Ireland chef picks his Cheap Eats - in Belfast and at home
  • Money Problem : 'My second-hand Ford is being written off with a known issue - but no one is taking responsibility'
  • Best of the Money blog - an archive

Ask a question or make a comment

Thousands of darts fans packed out the O2 last night as Luke Littler was crowned champion in the Premier League Darts final.

While his victory was met with big celebrations, the price of a pint left many upset.

Tom Park shared a photo of the menu on X which showed a pint of Camden Hells Lager cost £9.50. 

A Budweiser came in at £8.95 - and it was the same for a Stella Artois. 

Other social media uses responded to his post in shock.

Here are some of the replies we saw: 

  • "That's absolutely disgraceful."
  • "Bloody hell! That's a joke." 
  • "We get so ripped off in this country."
  • "£9.50 for a pint of Camden Hells in f****** robbery." 

Two pint offers didn't seem to be any better, with the menu showing the deal just worked out the same as buying two normal pints.

The Money team has contacted the O2 for comment. 

We've spoken a lot about shoplifting, with offences rising to their highest level in 20 years across England and Wales earlier this year. 

But here are two culprits we didn't expect to see... 

A pair of Labradors stealing a loaf of bread from a petrol station in Herefordshire. 

They were captured on CCTV walking down an aisle and picking goods off the shelves before wandering out. 

After the dogs were caught in the act, workers put out an appeal online and reunited them with their owner. 

Don't worry, the petrol station hasn't pursued charges. 

It can be hard to balance the demands of eating well without spending a lot.

In this series, we try to find the healthiest options in the supermarket for the best value - and have enlisted the help of  Sunna Van Kampen , founder of Tonic Health, who went viral on social media for reviewing food in the search of healthier choices.

In this series we don't try to find the outright healthiest option, but help you get better nutritional value for as little money as possible.

Today we're looking at biscuits. 

"When some brands are up to two teaspoons of sugar per biscuit (and we all know you aren't having just one), then we need to look or substitutes or find ways to biscuit smarter for your health," Sunna says. 

The typical biscuit breakdown on average for market leading brands by type:

Freshly baked cookies: 40% sugar or 27g per 66g cookie 

"That's over six teaspoons of sugar - they're also generally the biggest biscuit on the shelf by some distance, so potentially a good choice to avoid," Sunna says. 

Chocolate chip cookies: 34% sugar or 8.6g per 25g cookie 

"That's the equivalent of over two teaspoons of sugar - delicious but there are better options."

Chocolate digestives: 28% sugar or 4.8g per 16.7g biscuit 

"That's a teaspoon per biscuit and I'm definitely not just eating one."

Shortbread: 17% sugar or 2.6g per shortbread 

"Almost half the sugar of a chocolate digestive."

Digestive biscuits: 15% sugar or 2.2g per 15g biscuit 

"These are starting to look a lot healthier as we are only talking half a teaspoon per biscuit."

Rich tea biscuits: 18% sugar or 1.5g per 8.3g biscuit. 

"This one's a bit healthier due to the size, but the best choice is Rich Tea's own 30% less sugar variety.

"That sits at 12% sugar (or just 1.1g per biscuit) - only a quarter of a teaspoon of sugar per biscuit."

The verdict 

The Rich Tea Light biscuit is hard to beat in Sunna's mind. 

"Its low sugar content make it a winner for health-conscious tea drinkers," he says.

"If you eat just four biscuits a week, swapping from chocolate chip cookies to Rich Tea Light could save you over 1.5kg of sugar per year from your diet.

"Small changes make a big impact," Sunna says. 

Digestive biscuits are also a solid choice, especially if you prefer a bit more substance with your tea. 

"For those moments when only chocolate will do, chocolate digestives are the best option, although they have a higher sugar content," he adds. 

Naturally, he urges biscuit-lovers to stay away from fresh-baked cookies and chocolate chip due to the high sugar levels. 

If you're looking to save money, own-brand biscuits from major supermarkets often offer comparable taste at 30-50% discount on average. 

"For example, Tesco's Rich Tea biscuits are just £0.65 per pack or £0.22 per 100g compared with McVities Rich Tea at £0.47 per 100g.

Here's a handy comparison; 

  • Supermarket Baked Cookies - £0.68 per 100g
  • Fox’s Milk Chocolate Chip Cookies - £1.14 per 100g
  • McVities Chocolate Digestives - £0.50 per 100g
  • Patterson’s Shortbread - £0.45 per 100g
  • McVities Digestives - £0.42 per 100g
  • McVities Rich Tea - £0.47 per 100g
  • McVities Rich Tea Light - £0.60 per 100g

The nutritionist's view - by Dr Emily Prpa, nutritionist and science manager at Yakult . 

"It's no secret that Brits love biscuits, with a staggering 27 million UK households buying them every year. 

"A little of what you love is not a bad thing, but really it's all about moderation and making some positive swaps.

"For example, consider opting for biscuits that are made with wholemeal flour or whole grains such as oats. 

"Those which contain dried fruits and nuts can provide more fibre than other biscuits to help you meet the NHS-recommended 30g of fibre per day for adults. 

"The majority of your fibre needs to be obtained through other wholegrain sources of pasta and bread, as well as vegetables, fruits, legumes, nuts and seeds.

"Fibre aids digestion, helps to regulate bowel movements and is a food source for one's gut bacteria, contributing to a healthy and diverse gut microbiome."

Read more from this series... 

By Sarah Taaffe-Maguire , business reporter

It was already going to be a big week of economic announcements before Rishi Sunak called a general election: April inflation came down - though less than expected - as did retail sales and, from July, so too will the energy price cap. 

At the same time, we learned government borrowing in April was the fourth-highest on record and consumer confidence was that bit better than a month earlier. 

Sterling has come down from the highs reached after inflation data came out - £1 buys £1.27, pretty much back where we started the week. Against the euro, sterling held gains, with a pound equal to €1.1731, up from a €1.1671 low on the Monday open.

The oil price ticked down throughout the week and is now at $81.04 a barrel - down from $84 on Monday, which was already lower than all of April and most of March. It's good news for motorists and should impact prices at the pumps in about 10 days. 

On the stock market front, the FTSE 100 index of the most valuable companies on the London Stock Exchange is down 1.5747% since the week.

There is almost zero chance of a cut in interest rates next month, a senior economist has said.

Michael Saunders, an adviser at Oxford Economics and a former member of the Bank of England's Monetary Policy Committee (MPC), said Wednesday's higher than expected inflation figures made it very unlikely.

The rate of price rises dropped to 2.3% in April - but economists had been predicting 2.1% .

The general election, called for 4 July, also makes an interest rate cut unlikely, Mr Saunders said.

"They themselves [the MPC] wouldn't want to be a cause of volatility," he told Bloomberg.

"The MPC would be especially reluctant to do a surprise rate change during an election campaign. 

"But, in practice, a June rate cut is already ruled out by inflation figures."

The first rate cut is likely to come in August, Mr Saunders said.

He added: "I do think over the course of the year, markets may now be slightly under-pricing the extent to which interest rates come down.

"I would still say [there will be] three rate cuts - the first one not until August, and then a couple more later in the year."

Nationwide and TSB have both launched current account switch deals as banks fight to draw in new customers. 

Nationwide announced the deal after recording a £1.77bn profit for the year ending 4 April. 

For existing members who don't have a current account, the building society is offering a £200 switch sweetener. 

To qualify, you need to use the Current Account Switch Service and complete a full transfer. 

There needs to be a minimum of two direct debits from the account and the switch must be complete within 28 days of the request to move in order to qualify for the deal. 

To celebrate its record-breaking profits, Nationwide is also rewarding its customers (who were members as of 31 March) with £100, which will be transferred into their accounts in June.

Meanwhile, TSB is offering £100 to new customers switching to its Spend and Save or Spend and Save Plus current account. 

The accounts can be open in branch, online or via the app.

To grab the deal, the switch needs to be complete through the CASS within 21 days of the request, a minimum of five payments need to be made using your card, and you have to log into the app at least once by 5 July. 

You can also nab £60 cashback if you make 20 debit card payments each calendar month. 

Spend & Save account customers will get £10 per month in cashback for the first six months for new customers, totalling £60.

For those opening the £3 per month Spend & Save Plus account, they will get £10 cashback per month for the first six months before reverting to £5 per month.

Every Friday we get an overview of the mortgage market with the help of industry experts - before honing in on the best deals available right now with the guys at Moneyfacts.

Two major announcements this week are set to have a big impact on mortgages and the housing market in the coming months.

First, inflation came in at 2.3% for April - within touching distance of the Bank of England's 2% target but higher than the Bank and most analysts had anticipated.

The markets instantly scaled back their expectations for a June rate cut - from around 50% to around 15%.

What does this mean for borrowers?

It's probably too early to say - with TSB and Santander announcing cuts on Thursday, but Barclays going the other way.

David Hollingworth, associate director at L&C Mortgages , said: "Mortgage rates have eased back a touch in recent weeks, but [the inflation] figures may well hold back the chance for that to become a stronger trend.  A big fall in inflation was already expected and therefore already priced into fixed rates.

"Holding off in the hope of rates dropping could make for a bumpy ride for homeowners. Those eyeing the end of their current fixed deal may want to secure a rate now. That still leaves the chance to keep rates under close review and switch to a better deal if rates do improve before the end of the current product."

James Hyde, spokesman for  Moneyfactscompare.co.uk , added: "Week on week, the overall average two- and five-year fixed rates remained very steady, currently sitting at 5.93% and 5.50% respectively."

The second big announcement was the general election - which we now know will be on 4 July.

Richard Donnell, executive director at Zoopla , said buyers who are close to agreeing a sale will "ideally want to push through and agree to sales now".

However, those who are "earlier in the process" may try to "delay decisions until the autumn after the election is over", Mr Donnell said.

This election may not have as much impact as previous ones, though.

That is because there is "not a huge divide in policy between the two main parties", Mr Donnell said.

Best rates on offer right now

This week we've asked the independent experts at Moneyfacts to look at the best rates on the market for homeowners who are on the move....

Moneyfacts advises borrowers to always look beyond the best rates as additional costs and conditions mean you could end up paying more.

"Factors such as a low product fee, free valuation or legal fees, and cashback options can mean that certain deals are more cost-effective than those that may have a more eye-catching headline rate," said Mr Hyde.

Here's a look at the deals judged "best buys" by Moneyfacts this week...

As we've been reporting, the energy price cap has been set at £1,568 a year for a typical dual-fuel consumer and will come into force from July. 

The new cap represents a 7% decrease from the current rate of £1,690. 

It has played a significant role in reducing the UK's inflation rate to a near three-year low of 2.3%. 

But respected market researcher Cornwall Insight has predicted the drop in the price cap will be temporary and that bills will likely rise once more in the run-up to winter. 

Its forecasts show a typical bill could increase to £1,762 - even higher than the current rate - from October and remain around this level from January 2025.

The prediction is due to an uptick in the wholesale market.

"It is clear the cap in its current form is not going to bring down bills to pre-crisis levels," Dr Craig Lowrey, principal consultant at Cornwall Insight, said . 

"However, while the general election is likely to put a halt to any immediate reforms to household energy bills, parties may use this opportunity to highlight how they intend to approach this challenge in the future. 

"Whatever the outcome of the election, we hope the government will work with Ofgem to review the current cap and implement changes that not only lower bills but also support struggling customers."

Today's fall in the energy price cap will be "small comfort" for those struggling with the cost of living, the chief executive of Citizens Advice has said.

Dame Clare Moriarty said the organisation's data shows "millions have fallen into the red or are unable to cover their essential costs every month".

She added: "People cannot rely on lower energy prices alone to escape the financial issues they've been experiencing.

"That's why we need better targeted energy bill support for those really struggling to keep the lights on or cook a hot meal."

The cap will fall to £1,568 a year from 1 July - a drop of £122 from the previous quarter. 

The UK's gas prices are now lower on average than in other European countries, the energy secretary has told Sky News.

"If you look at households in this country, 75% of households' heating is gas," Claire Coutinho said.

"And actually that's now significantly lower than the European average."

She also said she was setting out plans for bills to "continue to be lower" - although we are now into a general election campaign, and the Conservatives may soon be out of government.

Ms Coutinho said: "So whether it's standing charges, which we want to be fairer, or more competition and comparison in the market, or better regulation of energy brokers with businesses, today we're setting out further steps to make sure that people can keep their energy bills low."

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