HSBC shoots down Bank of England’s optimism over the economy

HSBC shoots down Bank of England’s optimism over the economy predicting it will shrink by 10.3% in 2020 By Lucy White For The Daily Mail Published: 21:50 BST, 19 August 2020 | Updated: 21:50 BST, 19 August 2020 Britain’s biggest lender has taken issue with predictions from the Bank of England that the economy may … Read more

Marriott faces High Court showdown over data hack that affected 339m

Marriott faces High Court showdown over data hack that affected 339m people By Tom Witherow For The Daily Mail Published: 21:50 BST, 19 August 2020 | Updated: 21:50 BST, 19 August 2020 Marriott International is being sued in the High Court for a massive data hack that affected 339m people. Martin Bryant, 41, a technology … Read more

MARKET REPORT: Builders clobbered for £500m as house prices disappoint

More than £500million was wiped off the value of Britain’s top builders as figures showed house prices had started to fall before the virus lockdown. Shares sank after data was released by the Office for National Statistics (ONS) and the Land Registry, revealing that house prices went into reverse in April. In an ominous warning, … Read more

Wolf of Wall Street Jordan Belfort to coach amateur investors

Wolf of Wall Street Jordan Belfort to coach amateur investors on ‘how to take advantage of opportunities’ By Daily Mail City & Finance Reporter Published: 22:00 BST, 19 August 2020 | Updated: 22:00 BST, 19 August 2020 The infamous stockbroker who wrote the book that became The Wolf of Wall Street movie is staging a … Read more

Surge in scams as fraudsters cash in on desperate savers

Surge in scams as fraudsters cash in on desperate savers struggling with record low rates and market turmoil By Victoria Bischoff Money Mail Editor For The Daily Mail Published: 21:51 BST, 19 August 2020 | Updated: 21:51 BST, 19 August 2020 Fraudsters are cashing in on savers desperate for a decent return on their money … Read more

Class-action lawsuit filed against Marriott Hotels over data breach

Tech journalist files class-action lawsuit against Marriott Hotels in the High Court over gigantic data breach Hackers gained access to the Starwood guest reservation database in 2014  David Bryant accuses Marriott Hotels of violating data protection legislation The personal details of 339million guests were affected by the cyberattack By Harry Wise For This Is Money … Read more

‘A V-shaped inflation recovery is NOT what consumers need at all’

A shock jump in inflation last month has sparked fears that Britain could face a cost of living crisis as the impact of the recession hits people hard in their pockets. With further mass job cuts on the cards as the Government’s furloughing scheme comes to an end in the autumn, higher prices for products … Read more

RUTH SUNDERLAND: Hope for the property market

Persimmon, the builder previously known as a byword for executive greed, is striking a hopeful note on the housing market. The dividend, which had been put on ice, is being reinstated and sales have surged since lockdown. This fits with other straws in the wind. Rightmove, the property website, says home sales surged over the … Read more

Stobart culls 130 Essex airport jobs at Stansted and Southend

Stobart culls 130 Essex airport jobs after Easyjet confirms plans to shut down bases at Stansted and Southend By Lucy White For The Daily Mail Published: 21:50 BST, 18 August 2020 | Updated: 23:13 BST, 18 August 2020 Airport operator Stobart Group is to cut more than 130 jobs after Easyjet confirmed plans to shut … Read more

Carnival hit by ransomware attack: Hackers steal passenger information

Carnival hit by cyber attack: Hackers steal personal information of cruise giant’s passengers and staff By Lucy White For The Daily Mail Published: 22:00 BST, 18 August 2020 | Updated: 23:13 BST, 18 August 2020 The personal information of Carnival’s passengers and staff has been stolen by hackers, it emerged yesterday. The embattled cruise giant … Read more