How using a pension can claw back losses from higher rate income tax

Middle-class families who have been caught out by the freeze in income tax thresholds could save hundreds of pounds by boosting their pensions. The number of Britons paying the higher rate of income tax will soar from four million to five million by 2026, following Rishi Sunak’s Budget. The higher 40 per cent rate will … Read more

Elle King is pregnant with fiancé after two pregnancy losses

Elle King is pregnant! Singer expecting baby with fiancé after two pregnancy losses and calls it ‘such a miracle’ Elle King has revealed that she is pregnant after having previously suffered two ‘very big losses’  King – who is in her second trimester – suffered with polycystic ovary syndrome (PCOS) The condition caused her to … Read more

Losses at struggling Aston Martin climb despite booming DBX sales

Losses at struggling Aston Martin balloon as Covid causes collapse in luxury car demand but DBX sales offer ray of hope as it targets a turnaround Aston Martin’s pre-tax losses rose from £119.6m in 2019 to £466m in 2020 The group expects vehicle sales will hit 10,000 by the middle of the decade Sports and GT … Read more

Victoria Beckham’s fashion business racks up total losses of over £46m

Victoria Beckham’s fashion business racks up total losses of over £46m as auditors warn of ‘significant doubt’ about firm’s ability to continue running In accounts from earlier this month, auditors warned of ‘significant doubt’ Mrs Beckham recorded losses of £11.8 million for 2019 and £12.3 million for 2018 Accountants said business will need continued shareholder … Read more

Victoria Beckham’s fashion business racks up total losses of over £46m

Victoria Beckham’s fashion business racks up total losses of over £46m as auditors warn of ‘significant doubt’ about firm’s ability to continue running In accounts from earlier this month, auditors warned of ‘significant doubt’ Mrs Beckham recorded losses of £11.8 million for 2019 and £12.3 million for 2018 Accountants said business will need continued shareholder … Read more

Why do people give up on investing? Wild markets, losses and jargon

Why do a fifth of savers quit investing? Wild markets, financial losses and jargon blamed by those who give up Some 55% of savers are not confident about understanding jargon  Market volatility and underperforming investments deter savers A third of people have tried investing and stuck with it  Making mistakes is inevitable, but you can … Read more

GameStop losses pile up for small investors after the stock plunged 70% in two days

Small investors are nursing their wounds after the collapse of the ‘meme stock’ bubble caught them on the wrong side of the trade, with high-flying GameStop shares plunging 72 percent from Monday morning to Tuesday night. GameStop shares rallied 20 percent at the opening bell on Wednesday as the company announced a new chief technology … Read more

GameStop winners and losers: Small Reddit investors are up while hedge funds face $19B in losses

The staggering rally of shares in beleaguered video game retailer GameStop is minting new millionaires, and costing hedge funds billions of dollars – at least on paper. GameStop shares rose another 70 percent on Friday in a staggering rally driven by small investors on the online forum Reddit that has seen the stock surge 1,800 … Read more

TALK OF THE TOWN: Jeremy Clarkson’s foray into social media has racked up £21million in losses

TALK OF THE TOWN: Jeremy Clarkson, Richard Hammond and James May post £21million loss for their DriveTribe online car community By Alistair Foster, Joanna Bell And Sophie Cockerham For The Mail On Sunday Published: 23:26 GMT, 23 January 2021 | Updated: 23:26 GMT, 23 January 2021 Petrolheads Jeremy Clarkson, Richard Hammond and James May may … Read more

Covid UK: Businesses hail Supreme Court ruling forcing insurers to pay out for lockdown losses

Tens of thousands of small businesses are set for a £1.2billion windfall after the Supreme Court ordered insurers to pay out for losses from the first Covid lockdown.  Cafes, pubs, beauty parlours, holiday firms and wedding planners are among the 370,000 firms that had policies which should now pay out.  Former footballer Gary Neville, who … Read more