MARKET REPORT: Pearson pledges to pay dividend

MARKET REPORT: Textbook publisher Pearson pledges to pay out its dividend despite a drop in revenues By Francesca Washtell For The Daily Mail Published: 21:55 BST, 24 April 2020 | Updated: 21:55 BST, 24 April 2020 Textbook publisher Pearson has pledged to pay out its dividend despite a drop in revenues.  The education group will … Read more

Gunman opens fire as hundreds of mourners pay respects to Manchester godfather ‘Mr Ibiza’ 

Gunman opens fire as hundreds of mourners break social distancing rules at funeral of Manchester godfather ‘Mr Ibiza’ A gunman opened fire at mourners flouting social distancing rules while attending the funeral of ‘Mr Ibiza’  Police scrambled to Gorton Cemetery on Woodland Avenue in east Manchester after opening fire last night The gunman is believed … Read more

Spotify unveils new feature that will let users pay musicians directly

Spotify unveils new feature that will let users donate directly to artists struggling to make up for lost income during the coronavirus pandemic Spotify has launched a new feature to help artists raise money during COVID-19 Called Artist Fundraising Pick, the feature will let users make donations through an artists Spotify profile page Artists can … Read more

We are suing Hiscox as it won’t pay coronavirus claims

British businesses that bought insurance covering them for forced closure due to disease are set to sue insurer Hiscox for refusing to pay their coronavirus claims.  The ‘Hiscox Action Group’, a collection of over 150 firms plan to take the veteran Lloyds of London insurer to court, arguing that their business interruption policies should cover … Read more

University students still being asked to pay for accommodation despite lockdown

University students across the country have been left thousands of pounds out of pocket after being told they must still pay for their accommodation, despite not living there during lockdown. Some 74 per cent of students are still being charged rent despite the majority no longer being able to live in their university halls or … Read more

Ovo Energy to pay out £8.9m after overcharging customers

Ovo Energy will pay £8.9million to Ofgem after it found that some customers were overcharged and provided with inaccurate information. The industry watchdog said Ovo has agreed to pay the voluntary redress after some customers were undercharged while some were overcharged due to problems with its IT systems. The energy supplier, which has recently bought SSE’s … Read more

Investors tell Royal Mail to tame fat cat pay after dividend was cut

Now investors tell Royal Mail to tame fat cat pay after dividend was cut with ‘pain to be shared by management’ By Matt Oliver For The Daily Mail Published: 23:11 BST, 21 April 2020 | Updated: 23:14 BST, 21 April 2020 Top investors are calling on Royal Mail to slash fat cat pay after it … Read more

Three quarters of landlords say their tenants are worried they will struggle to pay rent

Three quarters of landlords warn their tenants will fail to pay rent as coronavirus lockdown continues Seven in 10 landlords have been contacted by tenants worried about paying rent Five million privately rented households in the UK are affected by the crisis   Unions call on the Government to ban future evictions based on rent arrears  … Read more

Shell investors urged to vote down executive pay deal

Shell investors urged to vote down pay deal: Environmental campaigners slam executive pay scheme By Daily Mail City & Finance Reporter Published: 21:50 BST, 20 April 2020 | Updated: 21:50 BST, 20 April 2020 Shell investors should vote against its pay policy at the annual meeting next month, an environmental campaign group has urged. The … Read more

Calls for Royal Mail to cut fat-cat pay in response to coronavirus

Former Business Secretary Vince Cable calls for Royal Mail to cut fat-cat pay after bosses axe the dividend By Daily Mail City & Finance Reporter Published: 21:51 BST, 20 April 2020 | Updated: 21:51 BST, 20 April 2020 The Business Secretary who led the privatisation of Royal Mail has urged the postal service to cut … Read more