For millions, the ideal shopping centre is no longer what it was. Now more functional than aspirational, it has a Primark, a Poundland, a B&M, plenty of free parking, plus a massive supermarket. The pandemic has accelerated the preference among both the cash-strapped and the affluent for this unpretentious type of centre – the retail … Read more
Self-employed borrowers frozen out by banks since lockdown get some hope as small building society offers a new ‘bounce back’ mortgage Self-employed will have been hard pressed to find a mortgage so far this year Banks have limited who they lend to as worries over the economy loom New deal could help by letting those … Read more
The Financial Conduct Authority has called for an extension for car finance holidays as many Britons continue to struggle with payments during the coronavirus pandemic. The financial regulator took the decision in April to freeze car finance payments for three months for those who were struggling to cover their installments. Its latest proposal is for … Read more
SMALL CAP MOVERS: Catenae Innovation rockets thanks to Covid-19 digital passport and anti-fraud document wallet By Giulia Bottaro At Proactive Investors For Thisismoney.co.uk Published: 13:50 BST, 3 July 2020 | Updated: 13:50 BST, 3 July 2020 Catenae Innovation had a busy week with a triple dose of good news, sending the shares up 154 per … Read more
Sir Alec Reed is founder of Reed, one of the most familiar names in recruitment. He started the business in Hounslow in 1960 and was knighted in 2011. Below, he outlines a five-point plan to get Britain back to work – including a 35-hour working week and basic income tax to be scrapped. Before beginning … Read more
Divorced women are retiring on pensions a quarter the size of men’s, but break-ups take a financial toll on both genders, new research shows. Women who split with their partners reach retirement with savings of around £26,100, while divorced men have £103,500 by the time they stop work. That vastly undershoots the £51,000 and £156,500 … Read more
Car insurance claims plummet but insurers pocket the savings! As just a handful reimburse drivers, we reveal where costs have dropped most Car insurers have saved £1.3billion as fewer claims were paid during lockdown However most drivers have continued to pay their premiums as they did before Despite a few exceptions most motorists have not … Read more
With learners given the green light to restart lessons from Saturday and likely to be allowed to sit their test from later this month, new research has revealed that those who pass their driving test first time are statistically safest on the road. Analysis of accident rates over a motorist’s lifetime against the number of … Read more
Britain’s biggest box maker DS Smith struck the wrong note with investors after it chose to withhold its dividend. The packaging maker cancelled its final payout to shareholders despite the rise in online shopping that boosted business during lockdown. Profits at the group – whose customers include Amazon – rose 5 per cent to £368million … Read more
John Fallon should by now be stepping down as chief executive of Pearson. His plans to leave the education publishing business after seven tough years at the top have been delayed because the coronavirus crisis has made it harder to recruit a successor. That leaves him holding the fort to deal with the pandemic, and … Read more