Savers withdrew staggering £6.2bn from NS&I accounts in November

Savers withdrew a staggering £6.2bn from NS&I accounts in November after rate cuts… as January’s Premium Bonds winners are named UK households saved more with banks and building societies during the month  They put £17.6bn in cash accounts, up 38% from £12.7bn saved in October A woman from West Scotland and a woman in Barnet … Read more

Extra £62bn of housing sales agreed this year

Extra £62bn of housing sales agreed this year off back of post-lockdown mini-boom By Daily Mail City & Finance Reporter Published: 21:50 GMT, 20 December 2020 | Updated: 21:50 GMT, 20 December 2020 An extra £62billion of housing sales have been agreed this year off the back of a post-lockdown mini-boom, according to Zoopla.  The … Read more

Rescue deal lined up for Cineworld as Covid-19 leaves it struggling with £6.2bn of debt

Rescue deal lined up for Cineworld as Covid-19 leaves it struggling under weight of £6.2bn debt pile Cineworld had to close all of its 127 sites in the UK during the first lockdown  It is considering a company voluntary arrangement (CVA)  This form of insolvency would see it pay a portion of its debt back to … Read more

Just Eat’s £6.2bn merger with Takeaway.com is cleared by watchdog 

Just Eat’s £6.2bn merger with Dutch group Takeaway.com is cleared by watchdog By Daily Mail City & Finance Reporter Published: 21:51 BST, 23 April 2020 | Updated: 21:51 BST, 23 April 2020 Just Eat’s £6.2billion tie-up with Takeaway.com has been cleared by the competition watchdog. The online food delivery firm’s merger with the Dutch group … Read more