I moved into a new-build home in December. The developer passed meter readings, meter numbers and my personal details to British Gas. I intended to switch from the expensive standard tariff. A bill arrived in April and, although it was in my name, it was addressed to a neighbour’s house and had a different meter … Read more
Young savers are losing out on thousands of pounds because of a failure to invest for their future, it is warned today. Investment experts are calling on the regulator and the industry to act now to ensure children get the most out of their savings. The Financial Conduct Authority (FCA) already warns that pension savers … Read more
After months of closures and cancellations, holidays abroad are within reach. This week, holiday firms were bombarded with bookings from sunseeking Britons after the Government revealed it would open ‘air bridges’ to countries where the virus was contained. But those who go abroad this summer may find they cannot get travel insurance for cancellations linked … Read more
Left in the lurch: Kate Solomons’s small business has dried up in the crisis Small business owners have been forced to raid personal savings to prop up their cash-starved companies – 100 days after lockdown began. Back in March, Chancellor Rishi Sunak unveiled a package worth more than £300 billion to support British businesses and … Read more
Hand back furlough billions, firms are urged as builder Redrow becomes the latest to pledge to return the money By Matt Oliver For The Daily Mail Published: 22:26 BST, 30 June 2020 | Updated: 22:26 BST, 30 June 2020 Big companies are facing pressure to hand back taxpayer cash used to furlough their staff after … Read more
Prime Minister Boris Johnson wants to open blue water between his Tory government and those that came before. No austerity and ‘we are not going to cheese-pare’ our way out of trouble, is his recipe for the coronavirus economic response. In terms of firing up output, there is much less on offer than the rhetoric. … Read more
How tech and gold funds shone brightly during crisis with returns of over 50% since January By Lucy White For The Daily Mail Published: 22:27 BST, 30 June 2020 | Updated: 22:27 BST, 30 June 2020 Gold funds have been a beacon of hope for investors amid the coronavirus market turmoil this year. Investment funds … Read more
Struggling Airbus set to axe 15k roles worldwide including 1,700 at UK plant where it makes wings for jets By Daily Mail City & Finance Reporter Published: 22:27 BST, 30 June 2020 | Updated: 22:27 BST, 30 June 2020 Plane maker Airbus will axe 15,000 jobs worldwide as it struggles to survive the coronavirus crisis. … Read more
Sir Jim Ratcliffe has proved that a British billionaire can bring an all-new car to market, today launching his ‘back to basics’ Ineos Grenadier – a rugged, hard-working and utilitarian 4X4 machine. The Grenadier, named after the multinational chemical company owner’s favourite pub in Knightsbridge, is expected to cost from between £30,000 and £45,000 and … Read more
Sunseekers’ summer rush rescues On The Beach after pandemic slump left it nursing a £34.1m loss By Daily Mail City & Finance Reporter Published: 22:27 BST, 30 June 2020 | Updated: 22:27 BST, 30 June 2020 Families rushing to book holidays have lifted On the Beach as lockdown restrictions begin to ease. After a dismal … Read more