Is the Fomo rally the start of a real stock market recovery, or will shares dive again? This is Money podcast By This Is Money Published: 17:44 BST, 1 May 2020 | Updated: 18:14 BST, 1 May 2020 It’s been called the Fomo rally, as shares picked themselves up off the floor after a diabolical … Read more
Covidiot drivers are continuing to abuse quieter roads in the UK, as cases of speeding continue to hit sky-high levels during the coronavirus lockdown. Detective Superintendent Andy Cox revealed that 2,020 speeding offences were enforced across London last week – an eight-fold increase compared to the same seven days in 2019 when just 268 penalties … Read more
Victory! The Treasury will now allow aspiring first-time buyers to tap into their Lifetime Isas without penalty – four days after we raised concerns On Tuesday, we reported young savers would be penalised The DWP expects people to use Lifetime Isa cash before they can get benefits But the Treasury did not adjust the 25% … Read more
American Express customers who opened a credit card shortly before coronavirus pandemic given extra time to rack up spend for bonus points Amex often give a points bonus if you spend a certain sum in three months These can be Amex points, British Airways air miles or Nectar points It has doubled the time limit … Read more
Plastic purge: Britain’s personal debt pile SHRANK in March as people shun credit cards amid coronavirus crisis Bank of England found households paid back £3.8bn more than they borrowed Of that, £2.4bn came from credit cards and the rest from other loans The bank said a collapse in new lending was the big reason, as … Read more
The coronavirus pandemic has caused ‘substantial’ chaos and disruption across Britain’s manufacturing sector, new findings warn. As the economic toll of lockdown starts to rear its ugly head, employment, new orders and output in the sector fell at the fastest pace for 28 years last month. The closely-watched IHS Markit/CIPS purchasing managers’ index fell to a … Read more
How the cost of tinned beans, pasta sauce and flour have risen in price online during April thanks to demand Average price of tinned beans has jumped 1.1% week-on-week, figures suggest Staples like rice, pasta sauce and cleaning sprays also still climbing Cost of products like nappies, handwash and long-life milk reportedly down Some supermarkets … Read more
The averge UK property prices ‘unexpectedly’ increased in April despite the coronavirus lockdown, fresh figures from Nationwide suggest. The average cost of a home across the country rose by 0.7 per cent compared to March, and on an annual basis, house prices rose by 3.7 per cent. At a record £222,915, the average house price is … Read more
Today, people of all ages are able to make money in ways that simply weren’t possible just a few decades ago. The rise of social media and faster internet means you can start many types of business from the comfort of your sofa. Often, another income stream can be created without great tech nous or … Read more
Any saver expressing interest in ditching a final salary pension is to be warned off in a letter telling them it’s unlikely to be in their best interests. Regulators have ordered pension schemes to start sending anyone requesting a cash valuation a letter urging them not to act in haste during the coronavirus outbreak, and … Read more