Class of Covid: How are young adults faring financially in the pandemic?

They might not necessarily be staffing intensive care units, procuring PPE or delivering vaccines, but, in many ways, Britain’s young people are on the coronavirus frontline. Not because of the health risks, it’s a disease which poses the most risk to the elderly, but the financial ones.  The economic fallout of the pandemic, Britain’s own … Read more

As thousands lose jobs due to Arcadia collapse, we explain your rights when being made redundant

Thousands of employees have recently heard the difficult news that they will be made redundant, after former retail giant Arcadia collapsed. Asos acquired the Topshop, Topman and Miss Selfridge labels – however, it has only taken on the brands and not the physical stores or the staff. Its fellow online fashion giant Boohoo then took … Read more

Rishi Sunak urged to freeze fuel duty as petrol prices rise

Rishi Sunak urged to freeze fuel duty in the March Budget as cost of petrol at the pumps rises By Mark Shapland For The Daily Mail Published: 21:51 GMT, 10 February 2021 | Updated: 21:51 GMT, 10 February 2021 Chancellor Rishi Sunak has come under increasing pressure to freeze fuel duty again as the cost … Read more

50 ways Britain has changed since Decimalisation Day 1971

Fifty years ago, Britain’s currency changed overnight. On February 14, 1971 there were 12 pennies to the shilling and 20 shillings to the pound. And by the next morning, there were 100 pennies to the pound. More than 3.4 billion new coins had to be minted for ‘Decimal Day’, with approximately 30 billion of them … Read more

Andrew Bailey rocked by extraordinary row over LCF savings scandal 

The Judge versus the Governor: Andrew Bailey rocked by extraordinary row over LCF savings scandal By Lucy White For The Daily Mail Published: 23:04 GMT, 9 February 2021 | Updated: 23:04 GMT, 9 February 2021 Andrew Bailey’s reputation has been dealt a serious blow after a row erupted between the Bank of England Governor and … Read more

The internet debt sharks preying on the financial victims of Covid

Desperately worried about debt, you go online to find help. Only you are not signposted to the charities who offer free advice. Instead, you are bombarded with adverts and websites set up by insidious imposters looking to make money from your misery. They say they can write off almost all your debt in a few … Read more

Shadow Chancellor Anneliese Dodds backs new laws to protect cash

Labour shadow Chancellor Anneliese Dodds calls for law to save cash before ‘time runs out’ By Fiona Parker For The Daily Mail Published: 22:01 GMT, 9 February 2021 | Updated: 22:01 GMT, 9 February 2021 Shadow Chancellor Anneliese Dodds is today calling for an urgent end to the ‘uncontrolled retreat of cash’. In a letter … Read more

50 ways Britain has changed since Decimalisation Day

Fifty years ago, Britain’s currency changed overnight. On February 14, 1971 there were 12 pennies to the shilling and 20 shillings to the pound. And by the next morning, there were 100 pennies to the pound. More than 3.4 billion new coins had to be minted for ‘Decimal Day’, with approximately 30 billion of them … Read more

Universal Credit: £20 uplift should be extended for 12 months, MPs say

The Government must extend the £20 weekly increase in Universal Credit payments for at least a year to prevent hundreds of thousands of families plunging into poverty, MPs warned today. The temporary uplift, introduced last March and worth more than £1,000 a year to those aged over 25, is currently due to end at the … Read more

Debenhams collapse was ‘bad luck’, says chairman who made millions

Debenhams collapse was ‘just bad luck’ (says man who made millions running chain) By Richard Marsden for the Daily Mail Published: 22:00 GMT, 8 February 2021 | Updated: 22:00 GMT, 8 February 2021 A former chairman of Debenhams who made multi-million pound personal gains from the store has claimed its downfall was due to ‘bad … Read more