A new challenger bank has launched a best buy savings rate of 2 per cent as fixed bond deals continue to inch higher. Recognise Bank was given the green-light to rake in deposits earlier in the week and is part of the City of London Group. The account is a five-year fix and marks the … Read more
Hull is the most affordable city for a first-time buyer with a small deposit to snap up a home, new findings have revealed. With average property prices at £121,335, a buyer with a 5 per cent deposit in Hull will need £6,066 to get onto the housing ladder, according to The Nottingham Building Society. Buyers … Read more
Twitter founder Jack Dorsey splashes £20bn on ‘buy now, pay later’ firm, making it the biggest ever buyout of an Australian company Jack Dorsey’s financial services firm Square has purchased Afterpay Afterpay’s stock stood at at just over A$12 (£8.64) in early 2020 But it was at A$114.80 (£86.62) last night while Square’s share price also rose … Read more
New easy-access best buy savings deal launched by Coventry Building Society: Will it help trigger competition from rivals? By Lee Boyce for Thisismoney.co.uk Published: 04:58 EDT, 23 July 2021 | Updated: 05:15 EDT, 23 July 2021 Coventry Building Society has launched a best buy easy-access savings account today paying 0.55 per cent. This rate nudges … Read more
Klarna could cost you a mortgage: Home buyers turned down for loans after using buy now pay later deals By Helena Kelly For The Daily Mail Published: 17:01 EDT, 20 July 2021 | Updated: 17:45 EDT, 20 July 2021 Aspiring homeowners are reportedly being turned down for house loans as they have used buy now … Read more
Visa to buy Swedish fintech start-up Tink for nearly £2bn: Payments giant snaps up open banking platform after being forced to abandon similar deal Visa is buying Swedish fin-tech Tink for $2.2bn Tink develops technology to allow fintechs to connect to customers from different financial institutions It comes after Visa was forced to abandon its … Read more
The high street’s gone high end: You can buy Ghost at M&S, Sam Cam at Fenwick and Savannah Miller at Next Gemma Champ reveals tea dresses as this summer’s trend for garden parties UK-based fashion expert shares new designer-meets-High-Street collections Among them is Ghost’s third affordable collaboration with Marks & Spencer By Gemma Champ for … Read more
Croatian carmaker Rimac has unveiled the Nevara, its production-ready electric hypercar with a hefty price tag of $2.4 million. Initially branded as The Rimac C_Two, the 1,914-horsepower two-seater was first teased at the 2018 Geneva Motor Show. It’s powered by a 120kWh battery pack with a quad-motor system that Rimac says can get it to … Read more
Borrowers who used Help to Buy loans to purchase their homes and are now selling up are finding rising house prices have bumped up their debt and created a nice litle earner for the Government. The number of home buyers using Help to Buy Equity Loans has surged by 40 per cent in a year, … Read more
Best buy savings bank PCF suspends share trading as chief executive of 13 years resigns PCF Bank opened its doors in 2017 and often offers best buy savings rates The AIM-listed lender suspended trading in its shares on Wednesday It said it was reviewing its ‘financial controls and reporting processes’ It told This is Money … Read more