Breaking news
Toyota has become the first mainstream car manufacturer to launch an all-new model during the coronavirus pandemic. The Japanese brand has today revealed a funky new high-riding – dinky – hybrid SUV called the Yaris Cross, which is due to go head-to-head with the likes of Ford’s Puma and the Nissan Juke. The news of … Read more
On Monday evening, the value of a barrel of West Texas Intermediate (WTI) oil, or Texas Light Sweet, declined to an unprecedented MINUS $40.32. It was the blackest of days for black gold. Since the wildcat Colonel Edwin Drake successfully managed to drill oil out of the ground in Titusville, Pennsylvania in 1859, thereby creating … Read more
The huge impact of the Covid-19 pandemic on Britain’s economy is starting to emerge, fresh data revealed today. With the services and manufacturing sectors thrown into deep freeze, output in both sectors has fallen off a cliff. The closely-watched Markit/CIPS Flash UK Composite Purchasing Managers’ Index fell to a new record low of 12.9 – … Read more
What’s the greatest car ever produced by British factories? It’s a hot debate, usually battled out by enthusiasts with their own classics parked in the garage. Recently the discussion was carried out online by classic car owners who were asked to vote for their top choice British model, with the Jaguar E-Type coming out on … Read more
On Monday evening, the value of a barrel of West Texas Intermediate (WTI) oil, or Texas Light Sweet, declined to an unprecedented MINUS $40.32. It was the blackest of days for black gold. Since the wildcat Colonel Edwin Drake successfully managed to drill oil out of the ground in Titusville, Pennsylvania in 1859, thereby creating … Read more
British businesses that bought insurance covering them for forced closure due to disease are set to sue insurer Hiscox for refusing to pay their coronavirus claims. The ‘Hiscox Action Group’, a collection of over 150 firms plan to take the veteran Lloyds of London insurer to court, arguing that their business interruption policies should cover … Read more
Millions of workers are being furloughed from their jobs in an attempt to limit permanent lay-offs, and the Government’s scheme protects pensions as well as wages. But that doesn’t mean furloughed staff will dodge a hit to their pensions, as they will typically only be getting 80 per cent of their usual salary, unless their … Read more
University students across the country have been left thousands of pounds out of pocket after being told they must still pay for their accommodation, despite not living there during lockdown. Some 74 per cent of students are still being charged rent despite the majority no longer being able to live in their university halls or … Read more
Advice on setting up a legal failsafe against falling ill while observing coronavirus lockdown and social distancing rules has been issued by the official oversight body. You can secure your finances in case you can no longer handle them by appointing someone you trust as attorney, usually a family member or friend, to take control … Read more
What happens after you stop the property market? In an ironic twist for some house price watchers, who regularly deride its index as meaningless due to being based on asking prices, this week Rightmove declared its latest statistics on values, property coming to market and sales agreed were ‘not meaningful’. The pause button was pressed … Read more