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Buy-to-let was one of Britain’s best-loved investments before crippling tax blows caused many landlords to lose interest. But now buy-to-let has been thrown a lifeline. Slashed stamp duty, better mortgage deals and new tax benefits all mean landlords are flocking back to the market. However, with unemployment predicted to soar to four million by the … Read more
Buy-to-let was one of Britain’s best-loved investments before crippling tax blows caused many landlords to lose interest. But now buy-to-let has been thrown a lifeline. Slashed stamp duty, better mortgage deals and new tax benefits all mean landlords are flocking back to the market. However, with unemployment predicted to soar to four million by the … Read more
Troubled fashion retailer French Connection bags £15m funding lifeline from turnaround specialist Hilco Capital By Daily Mail City & Finance Reporter Published: 21:51 BST, 24 July 2020 | Updated: 22:05 BST, 24 July 2020 Troubled fashion retailer French Connection has bagged a £15m funding lifeline from turnaround specialist Hilco Capital. The chain alarmed shareholders when … Read more
Bounce Back loans have provided a lifeline for a million small firms since taxpayer-backed scheme launched in May By Daily Mail City & Finance Reporter Published: 23:06 BST, 7 July 2020 | Updated: 23:06 BST, 7 July 2020 More than a million firms have received lifeline Bounce Back loans since the taxpayer-backed scheme launched in … Read more
Philanthropists Hans and Julia Rausing have given an astonishing £10million ‘lifeline’ to help charities survive the coronavirus crisis. The Charity Survival Fund is aimed at bridging a funding gap that has left hundreds of voluntary organisations under threat. One in ten UK charities is facing bankruptcy by the end of the year because of falling … Read more
Theatres, museums and galleries get £1.6billion lifeline as thousands of arts venues shut by coronavirus are not expected to reopen for mass events until next year Cultural venues including theatres to get £1.6billion bailout for grants and loans Boris Johnson vows to safeguard Britain’s cultural industry from going under But it is thought that concerts … Read more
Patients ravaged by advanced bowel cancer have been thrown a lifeline – thanks to a breakthrough drug hailed by experts as a game-changer in the fight against the disease. A landmark trial found immunotherapy treatment pembrolizumab, which helps the body attack and kill cancer cells, doubled the length of time it took for the disease to … Read more
Boss of one of Britain’s challenger banks hits out at Treasury for failing to include smaller lenders when it was setting up its lifeline loan scheme By Daily Mail City & Finance Reporter Published: 22:16 BST, 29 May 2020 | Updated: 22:16 BST, 29 May 2020 The boss of one of Britain’s challenger banks has … Read more
Start-ups hit by the lockdown have been given fresh hope for survival as applications for the Government’s coronavirus Future Fund opened today. The new scheme, which has been developed alongside the British Business Bank, will issue convertible loans between £125,000 to £5million to innovative companies which are facing financing difficulties due to the coronavirus outbreak. … Read more
Treasury throws a lifeline to savers facing financial difficulties due to Covid-19 by reducing exit fees By Sylvia Morris For The Daily Mail Published: 22:01 BST, 5 May 2020 | Updated: 22:01 BST, 5 May 2020 Savers facing financial difficulties due to Covid-19 have been thrown a lifeline. In a welcome move, HM Treasury has … Read more