payment

Car finance borrowers to get three-month payment holiday, FCA proposes

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Borrowers of £48billion in car finance will be able to freeze their payments for three months if they are struggling to cover their installments due to coronavirus, the Financial Conduct Authority proposed today. The city regulator said those who used Personal Contract Purchase, Hire Purchase or Conditional Sale agreements to purchase a car would be … Read more

Banks should give £500 interest-free overdrafts credit card and loan payment holidays says FCA

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Britons struggling to repay their debts amid the coronavirus crisis could be given £500 interest-free overdrafts and get a three-month freeze on loan repayments under new proposals.  The Financial Conduct Authority (FCA) is asking banks to offer anyone unable to repay their overdraft as a result of the virus outbreak £500 interest-free.  Anyone hit financially … Read more

Ex-England star Brian Moore piles into Wetherspoons owner Tim Martin over £20,000 payment

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2020 OLYMPIC GAMES   The 2020 Olympic Games has been postponed until 2021 on March 24 – becoming one of the last major sporting events this summer to fall victim to the coronavirus. Japanese prime minister Shinzo Abe held a crucial conference call with Olympics chief Thomas Bach on Tuesday to formally decide a plan and … Read more

Coronavirus: Rishi Sunak announces three month mortgage payment ‘holiday’

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Rishi Sunak announces three month mortgage payment ‘holiday’ for any homeowner hit hard by coronavirus as the Chancellor vows to make sure people can ‘get back on their feet’ Rishi Sunak today set out a massive package of measures to combat coronavirus Anyone in ‘difficulty’ due to virus will not have to pay mortgage for … Read more

Expedia took my holiday payment EIGHT times and took a week to refund

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Why didn’t Expedia stop the payment going through EIGHT times? Traveller left without almost £20,000 for a week after booking bungle Oliver found nearly £20,000 had been taken out his account by Expedia  The holiday booking site took a week to return the funds to him   He was offered £150 compensation but refused it, saying … Read more

Google to end use of tax loophole to delay payment of US income tax

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Google to quit tax dodging: Tech titan will stop using ‘double Irish’ loophole to channel profits to tax havens By Daily Mail City & Finance Reporter Published: 21:51 BST, 1 January 2020 | Updated: 21:51 BST, 1 January 2020 Google is to end its use of the so-called ‘double Irish’ loophole to channel international profits … Read more