Dixons Carphone’s online sales rise 166% in five weeks

Dixons Carphone’s online sales rise 166% in five weeks as locked down shoppers snap up laptops, TVs, gaming equipment and fridges FTSE-250 listed group’s share price jumped over 19% earlier today Retailer has scrapped its annual dividend and furloughed 16,500 people  By Jane Denton For Thisismoney Published: 12:15 BST, 29 April 2020 | Updated: 12:24 … Read more

How many drivers with 12 points on their licence are on the road?

Dozen-point drivers: Why are there THOUSANDS of motorists on the road with 12 or more penalty points on their licence? DVLA records show some 9,349 licence holders have a dozen points or more Accruing a 12 points on a licence at one given time should be an automatic ban Motorists are being allowed to continue … Read more

Thousands of tourists are unable to get money back for trips cancelled due to Covid

Thousands of British holidaymakers are owed £7billion for trips cancelled because of the global coronavirus pandemic with banks and airlines flouting the law by refusing refunds, it was revealed today. There is growing anger that the Government has not intervened when lenders and travel firms are illegally withholding cash that should be paid within a week for flights … Read more

CeX customers left out of pocket after tech firm delivers faulty items

A number of shoppers have been left out of pocket after purchasing items from the second-hand tech store, CeX that haven’t turned up, according to an exclusive report for This is Money by Which?. Some customers, including key workers, have reported receiving faulty items according to the consumer group, while others have not received online … Read more

Why property funds aren’t as safe as houses

Investors have had an unpleasant reminder that property funds may not be the haven they had hoped for. Last Wednesday, M&G suspended trading in its Property Portfolio fund because it did not have enough ready cash to satisfy redemptions.  A day later, Prudential suspended some of its own funds, which feed into the M&G fund. … Read more

Rolls Royce aims to have mini-nuclear reactors running by 2029

Rolls-Royce aims to have at least ten ‘mini nuclear reactors’ that it can transport on lorries running by 2029 in plan which could revitalise energy industry Construction at Hinkley Point C is expected to be £3billion over budget  Small modular reactors are portable enough to be transported on a lorry Proponents believe SMRs have better … Read more

MARKET REPORT: Royal Mail shares rise after a first class verdict

MARKET REPORT: Royal Mail shares rise after a first class verdict from analysts as more parcels are sent during lockdown By Francesca Washtell For The Daily Mail Published: 23:37 BST, 28 April 2020 | Updated: 23:37 BST, 28 April 2020 Shifting ordinary life online as much as possible over the past few weeks has come … Read more

Founder of ‘legal loan shark’ Amigo in bid to oust the entire board

Founder of ‘legal loan shark’ Amigo calls a shareholder meeting in bid to oust entire board By Daily Mail City & Finance Reporter Published: 23:38 BST, 28 April 2020 | Updated: 23:38 BST, 28 April 2020 The founder of ‘legal loan shark’ Amigo has called a shareholder meeting to oust the entire board. James Benamor, … Read more

Online food shopping soars among silver surfers

Online food shopping soars among silver surfers: Supermarkets add more than a million delivery slots By Daily Mail City & Finance Reporter Published: 23:38 BST, 28 April 2020 | Updated: 23:38 BST, 28 April 2020 Customers over 65 have doubled the amount they spend on online groceries since lockdown. Supermarkets have added more than a … Read more

Boeing boss warns of lasting effect of Covid-19

Boeing boss warns it will take years for the aircraft manufacturing industry to recover from effects of the pandemic By Daily Mail City & Finance Reporter Published: 23:38 BST, 28 April 2020 | Updated: 23:38 BST, 28 April 2020 The impact of coronavirus on the aircraft manufacturing industry will be felt for years, Boeing’s chief … Read more