Savers abandon cash Isas as interest rates plunge and pour money into easy-access accounts By Sylvia Morris For The Daily Mail Published: 22:03 BST, 9 June 2020 | Updated: 22:03 BST, 9 June 2020 Savers are fleeing cash Isas and pouring money into easy-access accounts instead. Around £1 billion was withdrawn from cash Isas between … Read more
Rolls-Royce in turmoil: Shares plunge 15% after a cut to company’s credit rating plunges it even deeper into crisis By Francesca Washtell For The Daily Mail Published: 22:21 BST, 29 May 2020 | Updated: 22:26 BST, 29 May 2020 Shares in Rolls-Royce tumbled nearly 15 per cent after a cut to its credit rating plunged … Read more
Paragliders collide in mid-air sending them plunging into trees 4,700ft below in terrifying footage Sebastien Watier, 31, found himself hurtling towards the ground from 4,757ft He collided with a paraglider due to converging winds and both fell into woods Their fall was broken by trees, but Mr Watier lost consciousness while hung up By Milly Vincent For … Read more
Business leaders and politicians pleaded last night with the Government to unlock the economy and get Britain moving after figures appeared to show the Covid-19 outbreak was coming under control. Experts suggested coronavirus was ‘disappearing’ from the UK, with deaths down and new cases in London below 50 a day. Official figures revealed on Thursday … Read more
Markets were downbeat after a slew of figures laid bare the challenge facing governments as they try to revive their economies. In the US, another 2.4m people applied for unemployment benefits last week. This means that 38.6m Americans have made first-time applications for state assistance over the last nine weeks, when the effects of the … Read more
First sign of hope? UK economy plunge in output is FINALLY slowing as businesses find ways to operate amid lockdown – but experts warn is still mired in ‘unprecedented downturn’ Closely-watched index suggests rate of decline in the UK economy is slowing The IHS Markit PMI index still shows the situation is worse than the credit … Read more
Harry Potter publisher Bloomsbury warns book sales could plunge by as much as 65% By Daily Mail City & Finance Reporter Published: 21:50 BST, 20 May 2020 | Updated: 21:50 BST, 20 May 2020 Harry Potter publisher Bloomsbury has warned that book sales could plunge by as much as 65 per cent. Lockdown measures in many … Read more
France, Germany and Italy plunge into recession: Eurozone suffers biggest slump since launch of single currency By Daily Mail City & Finance Published: 21:51 BST, 15 May 2020 | Updated: 21:51 BST, 15 May 2020 Germany, France and Italy have all plunged into recession as the eurozone endured its biggest slump since the launch of … Read more
Thousands of new cars sit at Tilbury docks waiting to be sent to showrooms after sales plunged by 97% during coronavirus lockdown New cars are pictured lined up at Tilbury docks in Essex amid slump in demand Thousands of the new cars (which are Britain’s biggest export) are seen in rows Experts fear British car … Read more
Saving offers plunge further: Goldman Sachs cuts rate on its popular Marcus account from 1.2% to 1.05% By Sylvia Morris For The Daily Mail Published: 22:01 BST, 12 May 2020 | Updated: 00:15 BST, 13 May 2020 Goldman Sachs cut the rate on its online saver, Marcus, from 1.2% to 1.05% Savings rates on easy-access … Read more