Breaking news
Back in early January, when corona was just a mediocre beer, the Bank of England published something odd. For the first time in six-and-a-half years, people paid back more than they borrowed on credit cards. And as unusual as the statistic itself was the bank’s reaction to it. ‘The extra amount borrowed by consumers in … Read more
I’m in the middle of a mortgage application but I’ve just found out that my employer is putting me on furlough. I’ll still get 80 per cent of my salary from the government but I’m not sure what this means for my application. Will this affect the lender’s decision? Will they still accept 100 per … Read more
If Isa season is judged by how many new tax-free savings deals pop up in February and March, then 2020 has been an almost non-entity. At the start of this year, there were 149 easy-access Isas paying an average of 0.85 per cent, according to Moneyfacts. By the first day of the new tax year … Read more
Revealed: The best energy tariffs on the market that DON’T require you to have a smart meter installed – as more suppliers make it a requirement Many suppliers insist customers have to get a meter installed to get cheap deals This is so providers can meet their smart meter installation targets We reveal the best … Read more
Investors will be glad to see the back of the first three months of 2020, after the coronavirus outbreak meant that the first quarter of the year proved brutal. In the UK, the month of March saw some of the biggest daily drops in the FTSE 100’s history, but the second biggest one-day fall on … Read more
MARKET REPORT: Easyjet founder Stelios targets airline’s finance chief in dispute over £4.5bn Airbus order By Francesca Washtell For The Daily Mail Published: 21:51 BST, 6 April 2020 | Updated: 22:23 BST, 6 April 2020 The spat between Easyjet’s board and its colourful founder intensified as he lined up the airline’s finance boss as his … Read more
Football pundit Gary Lineker among others suggests it is wrong to pressure Premier League players into taking pay cuts when captains of industry aren’t doing the same.
Rolls-Royce joins rush to cut dividends with 13 firms suspending or cancelling payouts worth £636m in just one day By Lucy White For The Daily Mail Published: 21:50 BST, 6 April 2020 | Updated: 22:22 BST, 6 April 2020 Dividends worth £17.6billion have now been axed so far this year as British investors continue to … Read more
Boss of Ladbrokes owner GVC hangs on to his £860k salary, after refusing to take a pay cut By Daily Mail City & Finance Reporter Published: 21:50 BST, 6 April 2020 | Updated: 22:22 BST, 6 April 2020 Gambling with his reputation: GVC boss Kenny Alexander has refused to take a pay cut GVC’S boss … Read more
Ruby and emerald miner Gemfields shines after notching up record revenue but fears slump is on its way By Daily Mail City & Finance Reporter Published: 21:51 BST, 6 April 2020 | Updated: 22:22 BST, 6 April 2020 Gemfields notched up record revenue in 2019. But the ruby and emerald miner is bracing for a … Read more