Why do people give up on investing? Wild markets, losses and jargon

Why do a fifth of savers quit investing? Wild markets, financial losses and jargon blamed by those who give up Some 55% of savers are not confident about understanding jargon  Market volatility and underperforming investments deter savers A third of people have tried investing and stuck with it  Making mistakes is inevitable, but you can … Read more

GameStop losses pile up for small investors after the stock plunged 70% in two days

Small investors are nursing their wounds after the collapse of the ‘meme stock’ bubble caught them on the wrong side of the trade, with high-flying GameStop shares plunging 72 percent from Monday morning to Tuesday night. GameStop shares rallied 20 percent at the opening bell on Wednesday as the company announced a new chief technology … Read more

GameStop winners and losers: Small Reddit investors are up while hedge funds face $19B in losses

The staggering rally of shares in beleaguered video game retailer GameStop is minting new millionaires, and costing hedge funds billions of dollars – at least on paper. GameStop shares rose another 70 percent on Friday in a staggering rally driven by small investors on the online forum Reddit that has seen the stock surge 1,800 … Read more

TALK OF THE TOWN: Jeremy Clarkson’s foray into social media has racked up £21million in losses

TALK OF THE TOWN: Jeremy Clarkson, Richard Hammond and James May post £21million loss for their DriveTribe online car community By Alistair Foster, Joanna Bell And Sophie Cockerham For The Mail On Sunday Published: 23:26 GMT, 23 January 2021 | Updated: 23:26 GMT, 23 January 2021 Petrolheads Jeremy Clarkson, Richard Hammond and James May may … Read more

Covid UK: Businesses hail Supreme Court ruling forcing insurers to pay out for lockdown losses

Tens of thousands of small businesses are set for a £1.2billion windfall after the Supreme Court ordered insurers to pay out for losses from the first Covid lockdown.  Cafes, pubs, beauty parlours, holiday firms and wedding planners are among the 370,000 firms that had policies which should now pay out.  Former footballer Gary Neville, who … Read more

Budget airline Norwegian axes its long-haul network, leading to 1,100 job losses at Gatwick Airport

Budget airline Norwegian axes its long-haul network, leading to 1,100 job losses at Gatwick Airport The carrier said it will operate a ‘simplified business structure’ Its entire Boeing 787 Dreamliner fleet has been grounded since March 2020 Customers with affected bookings will be contacted by the airline and refunded  By City & Finance Reporter for … Read more

Debenhams to close six branches, including its flagship London store, with 320 job losses

Debenhams to close six branches, including its flagship London store, with 320 job losses By City & Finance Reporter for the Daily Mail Published: 22:29 GMT, 13 January 2021 | Updated: 22:29 GMT, 13 January 2021 Department store chain Debenhams has said it will permanently close six branches, including the flagship Oxford St shop Department … Read more

Cargo ship suffers epic losses after 2,000 containers topple over during a storm en route to Japan 

Cargo ship suffers epic losses after 2,000 containers topple over during a storm en route to Japan Containership, ONE Apus, arrived at the Port of Kobe, Japan, on Tuesday  It lost 1,816 cargo containers 1,600 nautical miles northwest of Hawaii   The ship reportedly encountered 52-foot waves during its journey  By Isabella Nikolic For Mailonline Published: … Read more

Louvre puts rare chance to see the Mona Lisa up close up for auction amid coronavirus losses

Louvre auctions off a close-up look at the Mona Lisa – an honor normally reserved for world leaders The Paris museum is auctioning a viewing of the iconic Leonardo da Vinci work The experience is just one lot up for grabs at a Christie’s auction this month The Louvre hopes the auction will help cover … Read more

Motor dealers to offer and average of 7% off new cars this month to recoup lockdown 2 losses

Car dealers in England are set to offer big discounts on popular mainstream models this month as they reopen their doors from today following the second national lockdown. With showrooms forced to revert to online sales and click-and-collect services over the last month, UK car registrations look on course to only just break 1.5 million … Read more