MARKET REPORT: Smith & Nephew shrugs off coronavirus concern 

Smith & Nephew investors shrugged off warnings about the impact of coronavirus as revenues surged at the hip-and-knee replacement specialist. Sales at the medical device group, which makes everything from bone screws to wound dressings, rose 4.8 per cent to a record £4billion, beating City estimates. Profits, however, fell 5 per cent on the previous year … Read more

Auditors block clients from reclaiming money from Swiss banks

Auditors block clients from reclaiming money from Swiss banks because they don’t wan’t to lose contracts By Lucy White For The Daily Mail Published: 21:51 GMT, 20 February 2020 | Updated: 21:51 GMT, 20 February 2020 Conflicted accountants are blocking thousands of clients from reclaiming significant sums of money from Swiss banks, it has been … Read more

Boris Johnson hit by £10bn pension tax backlash

Boris Johnson hit by £10bn pension tax backlash as savers urge the Prime Minister and his Chancellor not to raid their retirement pots Treasury to be planning to cut pensions tax relief to 20 per cent for all workersThese savers would effectively be taxed twice on their retirement incomeInstitute for Fiscal Studies warned proposals are … Read more

Retail sales rise at the fastest pace since March but the amount we’re spending on fuel is dwindling

Retail sales begin year rising at the fastest pace since last March but the amount we’re spending on fuel and online slips Retail sales increased by 0.9% month-on-month in January, new ONS figures sayBut, in the three months to January, amount of goods snapped up slipped 0.8%Higher prices at the pumps triggered a drop in … Read more

£5 BILLION is needed to fight the pothole plague as tens of thousands more could endanger drivers

£5 BILLION is needed to fight the pothole plague as tens of thousands more could endanger drivers, cyclists and pedestrians if the government fails to act Analysis warns 1000s more potholes could endanger drivers, cyclist and walkersThe research said there could be 650,000 unrepaired craters in roads by 2030Calls for Chancellor Rishi Sunak to find extra … Read more

DVLA to crackdown on car tax evasion in 20 UK locations

Car owners in 20 UK areas have been warned that their region will be targeted by authorities hunting for untaxed vehicles in the coming weeks. The the Driver and Vehicle Licencing Agency has named and shamed the locations where it took nearly 600,000 enforcement actions against keepers of motors without tax in 2019. And it … Read more