Britain’s largest guarantor lender Amigo Loans is being investigated by regulators over its lending practices. In an announcement to the London Stock Exchange, Amigo said the Financial Conduct Authority launched an investigation on 29 May into ‘whether or not Amigo’s creditworthiness assessment process, and the governance and oversight of this, was compliant with regulatory requirements.’ … Read more
Watchdog launches probe into ‘legal loan shark’ Amigo over whether it broke rules for responsible lending By Daily Mail City & Finance Reporter Published: 21:51 BST, 1 June 2020 | Updated: 22:12 BST, 1 June 2020 Amigo Loans is being investigated by the City watchdog over whether it broke rules surrounding responsible lending. The Financial … Read more
Moderna has dosed its first set of patients in a second phase clinical trial for its coronavirus vaccine, the company announced on Friday. Vaccines are a top-priority for health officials and biotech firms in the battle against coronavirus, as a shot to prevent infection would finally make it safe for people to return to work … Read more
A new kind of alcoholic drink that became the unofficial beverage of the summer 2019 in the US launches in the UK today. Hard seltzer – an alcoholic flavoured sparkling water – became a sensation with American drinkers last year, so much so that there were shortages in stores, rationing was introduced, and a festival … Read more
BT launches search for startups to help it become greener as it seeks to electrify its fleet of 34,000 vans By Daily Mail City & Finance Reporter Published: 00:05 BST, 1 June 2020 | Updated: 00:05 BST, 1 June 2020 BT has launched a search for startups to help it become greener as it seeks … Read more
Tinder prompts users to add question-and answer cards to their profiles that reveal details about their pets, favourite songs and hobbies – as usage of dating app surges during lockdown Tinder has launched Prompts, which add question-and-answer cards to profiles They will be available from today with the queries regularly updated It comes as the … Read more
A ‘Yorkshire only’ portfolio is being pushed to affluent investors keen on supporting regional firms, including a Wetherby-based biotech developing a Covid-19 test. The York office of the Mole Valley fund house has launched the ‘Yorkshire T20’, with annual charges starting at 1.25 per cent – not including dealing and administration fees. The minimum investment … Read more
The UK’s coronavirus contact tracing programme will launch tomorrow without its centrepiece NHS app as experts warned it will not be a ‘silver bullet’ which kills off the disease. The NHS Test and Trace system for England will see anyone who develops symptoms told to self-isolate and get tested, with the close contacts of those … Read more
Former HTC executive unveils a new 5G VR headset with a Sims-like virtual city as its interface and front-facing cameras to support arm and leg tracking for gestural controls Ex-HTC CEO Peter Chou has announced a new 5G virtual reality company Called XRSpace, the company’s first product will be Mova, a VR headset Instead of … Read more
A Swedish singer has become an icon of determination after being involved in a serious train accident that left him with third-degree burns and extensive scars. In 2012, one summer evening, the then 19-year-old Axel Schylstrom climbed to the top of a train in Sweden, but came into contact with power lines. He received a … Read more