An energy firm is offering customers the chance to own a share of a wind farm in return for receiving the electricity it produces. Ripple Energy says it is building Britain’s first customer owned wind farm with the aim of signing up 2,000 households in Britain to crowdfund the construction of the turbine. It will need … Read more
Regulators are pressing workplace pension schemes to scrutinise costs more closely to ensure staff are not over-charged. They propose tightening up rules on assessing value for money, including laying down standardised tests on charges and costs, investment performance and quality of service. Some independent governance committees, which are meant to represent the interests of people … Read more
Pubs, restaurants and other indoor hospitality venues in England have finally been given the go-ahead to welcome customers back, but small business owners say they are disappointed with the handling of their livelihoods. After telling restaurants, pubs and cafes to shut their doors at short notice just before the Mother’s Day weekend, the Government has … Read more
Sweltering temperatures have hit Britain this week and with millions still working from home, or home-schooling, many are cooped up in properties with no air conditioning. Here, This is Money, using figures from Uswitch, reveals the cost per hour of running a number of the most in-demand cooling units and garden must-haves this summer. Demand … Read more
If you heard the phrase ‘promotional security’, would your eyes glaze over? Would you have any idea what it meant? Prior to speaking to Jeremy Stern, the founder of a company called PromoVeritas – truth in promotions, he tells me – involved in just that, I’d say yes to the first and no to the … Read more
Rock-bottom borrowing costs mean it is increasingly expensive for the Government to raise cash from savers, according to National Savings & Investments, raising concerns its market-leading savings rates could be cut. It cost the Treasury-backed bank almost £887million more to raise money from savers between April 2019 and March 2020 than if the Treasury borrowed … Read more
The how to invest like Warren Buffett article is a stalwart of investment writing. There will have been hundreds of thousands if not millions of words written on how to emulate the world’s most famous investor over the years – and This is Money has certainly contributed a few of them. Yet, the concept behind … Read more
Some 400 small firms seek High Court fight with Hiscox after being denied business interruption claims By Daily Mail City & Finance Reporter Published: 21:51 BST, 24 June 2020 | Updated: 22:01 BST, 24 June 2020 The Hiscox Action Group is demanding to join the action being taken against the insurance giant by the Financial Conduct Authority … Read more
The incomes of savers and pensioners will suffer after much of a £2.5billion rent bill went unpaid in a grim day for landlords. As shopping centre owner Intu teeters on the brink of collapse, experts said cash-starved shops were expected to pay as little as 10 per cent of the June quarterly rent bill due … Read more
Easyjet turns to shareholders to shore up finances with £450m fundraising… but will Stelios oppose it? By James Salmon for the Daily Mail Published: 21:51 BST, 24 June 2020 | Updated: 22:03 BST, 24 June 2020 Easyjet has gone cap in hand to shareholders to raise up to £450million as it scrambles to shore up … Read more