British tycoon Mike Lynch is arrested in US extradition fight

British tycoon is arrested in US extradition fight: Mike Lynch walks into London police station to face fraud charges By Matt Oliver For The Daily Mail Published: 21:50 BST, 5 February 2020 | Updated: 21:50 BST, 5 February 2020 The tycoon once dubbed ‘Britain’s Bill Gates’ walked into a police station and submitted to arrest … Read more

High Street pain as coronavirus hits China supply chain

High Street pain as virus hits China supply chain: UK chains face higher costs if outbreak isn’t contained by Easter By Daily Mail City & Finance Reporter Published: 21:50 BST, 5 February 2020 | Updated: 21:50 BST, 5 February 2020 Several British brands including struggling High Street chains Ted Baker and Joules could be hit … Read more

Santander launches mentoring scheme for women in business

A quarter of the UK’s high-growth companies have a female founder but just 9 per cent of the money invested into businesses in 2019 went to female-founded firms, according to a recent report.  Moreover, this number has declined from 15 per cent in 2015 and 2016 – which the report, Female Entrepreneurs by data company Beauhurst, claims … Read more

John Lewis putting itself at a further ‘disadvantage’ with lack of retail experience on new board

A lack of retail experience at the top of the newly-emerging board at the John Lewis Partnership risks putting the group at a further ‘disadvantage’ in the cut-throat world world of department stores, a leading retail analyst has claimed.  Speaking to This is Money, Richard Hyman said: ‘If knowledge and experience has any value at … Read more

Fewer than one in five new cars bought last month were diesels

The downfall of diesel has sparked a huge decline in new car registrations for the first month of the year. The Society of Motor Manufacturers and Traders confirmed today that sales dropped by 7.3 per cent in January 2020 on the back of declining consumer confidence. It was the 34th consecutive month of falling sales … Read more

Nutmeg teams up with Great Ormond Street Hospital for Junior Isa

Nutmeg teams up with Great Ormond Street Hospital charity to launch Junior Isa with a socially responsible investing option Digital wealth manager partners with charity to give more choice to investors while supporting seriously ill children at Great Ormond Street Hospital (GOSH) Three investment styles available including a socially responsible option Nutmeg will donate £25 … Read more

Asda cuts another 4p off diesel and 2p off petrol

Asda cuts another 4p off diesel and 2p off petrol after experts accuse fuel retailers of ‘rocket and feather’ pricing in January Drivers today will pay no more than 118.7ppl for unleaded and 120.7ppl for diesel It’s the second time Asda has triggered price cuts in a week RAC says reductions are overdue as wholesale … Read more

The eco boilers that cost £5K a year: A ‘green’ energy deal gone wrong

On a cold Wednesday evening, the rain is pelting at the windows of the Slamannan Community Centre, where around 50 people have braved the weather to attend a meeting about soaring energy bills. They are residents of this and other rural villages near Falkirk, in Scotland, where households have seen their bills jump to more … Read more

ASK TONY: Water torture of our £1,300 bowls club bill

I am the treasurer of a 300-year-old bowling club. In October, I received a water bill for £1,335.29 (£1,220.72 actual plus £114.57 estimated).  Bills had previously been about £30 per quarter for a kettle and toilet used several evenings per week in the summer. In the winter, I turn off the water at the mains and … Read more

Drivers Google their insurer but are connected to claims firms and face vast bills

Car crash victim Matthew McNally was left facing a £27,500 bill after he was thought to have been misled by a Google advert, according to court documents obtained by Money Mail. Matthew, 39, had been involved in a multi-vehicle crash in March 2018. It is believed he then used Google to search for his insurer’s number, … Read more