Data shows banks squeezing out borrowers who can stump up only a 15% deposit for a home By Helen Cahill, Financial Mail On Sunday Published: 21:53 BST, 27 June 2020 | Updated: 21:53 BST, 27 June 2020 Banks are squeezing out borrowers who can stump up only a 15 per cent deposit for a home, … Read more
Holidaymakers planning trips abroad this year – even if not until the autumn – being warned to check their passports now to avoid disappointment By Toby Walne, Financial Mail on Sunday Published: 21:53 BST, 27 June 2020 | Updated: 21:53 BST, 27 June 2020 Holidaymakers planning trips abroad this year – even if not until … Read more
Tony Hetherington is Financial Mail on Sunday’s ace investigator, fighting readers corners, revealing the truth that lies behind closed doors and winning victories for those who have been left out-of-pocket. Find out how to contact him below. P.B.G. writes: In April last year, I paid Sash Home Improvements £9,600 to replace all the double glazing … Read more
HAMISH MCRAE: We should be aware of our vulnerability and resist losing national control of enterprises that are important to our society The IMF last week forecast that the UK economy would be down by 10 per cent By and large the Government – and the Bank of England – are doing the right things … Read more
Spreading the word about a new business is always hard to do. And when lockdown struck in March, that suddenly became an even greater hurdle for thousands of people who were trying to get a money-making idea off the ground. Without a large established customer base, Susan Leonard was one of those who found it … Read more
Russian tycoon shops for car dealers in UK: Billionaire who fell out with Putin leads way as foreign moguls target struggling British firms The entrepreneur made his fortune building up Russia’s largest forecourt chain Petrov becomes the latest foreign mogul to size up UK investments By Neil Craven, Financial Mail on Sunday Published: 21:51 BST, … Read more
Brexiteer Crispin Odey makes £75m by betting against failed shopping mall owner Intu Odey had held a short position in Intu since at least 2012 Intu collapsed after it was unable to persuade its lenders to grant a debt repayment holiday By Ben Harrington And Neil Craven, Financial Mail On Sunday Published: 21:53 BST, 27 … Read more
Bosses across Britain are scrambling to stop the wheels coming off their businesses. But not Toto Wolff, the suave chief executive and part owner of Formula 1’s most successful team Mercedes, whose ambitions could be about to reach new altitudes. Like everyone else, his Northampton-based team and its 1,000 staff face the likelihood of a … Read more
Many months have passed since the world’s stock markets were first shocked by the fallout from coronavirus. In the meantime, the lockdown has hammered the travel and hospitality sectors and taken huge bites out of the share prices of manufacturing firms, construction groups and retailers. Finally, next weekend, the most ravaged of these hibernating businesses … Read more
Second major investor hits out at HSBC for backing China’s crackdown on Hong Kong By Helen Cahill, Financial Mail On Sunday Published: 21:52 BST, 27 June 2020 | Updated: 22:06 BST, 27 June 2020 A second major investor has hit out at HSBC for backing China’s crackdown on Hong Kong. Hermes said it is in … Read more