- Beckham-backed Cellular Goods sees share price surgeon February 26, 2021 at 2:38 pm
The company made its debut on the London Stock Exchange this morning and within 15 minutes the share price had jumped by 310 per cent to 20.50p.
- Should investors look towards value and cyclical equities as inflation fears grow?on February 26, 2021 at 2:29 pm
Fears on the one hand that tech and other growth stocks are overvalued and on the other that we are due to see rising inflation, has hit the Nasdaq and the big tech funds, dividing the market quite starkly.
- Pension lifetime allowance: Will the rates be frozen?on February 26, 2021 at 1:30 pm
Rishi Sunak is reportedly considering freezing the lifetime allowance, the total amount you can pay into a pension and still get tax relief, at £1,073,100 for the rest of this parliament.
- Losses at struggling Aston Martin climb despite booming DBX saleson February 26, 2021 at 10:29 am
The luxury carmaker recorded a £466million pre-tax loss in 2020 compared to a £119.6million loss the year before as it sold about 2,000 fewer cars.
- ALEX BRUMMER: Labour’s false narrative on Serco’s Test and Traceon February 26, 2021 at 9:24 am
Serco is not among Britain’s best-loved companies. But for all its faults, though, it does not deserve to be traduced by Labour’s deputy leader Angela Rayner (pictured).
- British Airways owner calls for digital health passes to be introducedon February 26, 2021 at 9:16 am
IAG’s revenues collapsed by 69 per cent from £22.2billion to £6.8billion over the period as the fallout from the Covid-19 pandemic hit the company hard.
- M6 Toll to be enforced by ANPR cameras in multi-million-pound upgradeon February 26, 2021 at 9:12 am
Automatic Number Plate Recognition cameras will be added to the 27-mile motorway that’s used by around 50,000 drivers daily.
- How much major UK streaming services have increased priceson February 26, 2021 at 9:05 am
This is Money takes a look at how much each streaming provider is charging their customers and how much prices have increased in the last few years.
- Belgrove rum: How I created a brand with £100k of savingson February 26, 2021 at 8:53 am
Edmund Wood created the rum after being inspired by a trip to Bordeaux and thinking about childhood chocolate favourites leading to the creation of his Belgrove brand.
- My late mother cut me out of her will – can I still claim my share?on February 26, 2021 at 8:51 am
There are two beneficiaries, my sister and her daughter who is also the executor. Do you think it is possible for me to make a claim for a share of the will? If so what do I do?
- I want to pay off my mortgage faster. Do I cut the term or overpay?on February 26, 2021 at 8:51 am
Our fixed-rate mortgage ends in April – should we reduce our term from 25 years to 20, or is it better to start overpaying each month in the long-run?
- Behavioural investing traps to avoid when share picking and tradingon February 26, 2021 at 8:49 am
Behavioural investing looks at the ways people risking their money often fall into psychological traps. It pays to keep them in mind when buying, selling and holding.
- Only 1% of travel insurance policies will cover you if there’s another lockdownon February 26, 2021 at 8:48 am
Just one per cent of travel insurance policies will cover you for cancellation of a trip if there is another lockdown, new research has revealed.
- Bank of England urged to lead the world by developing its own cryptoon February 25, 2021 at 9:52 pm
In a wide ranging report on how to improve the UK’s fintech sector, Ron Kalifa (pictured) urged bosses at The Old Lady to embrace the new asset class rather than dismiss them as a dangerous fad.
- 5,000 jobs at risk in Asda shake-up just months after £6.8bn takeoveron February 25, 2021 at 9:52 pm
The UK’s third-largest supermarket said the changes had been driven by the ‘structural shift’ towards online food shopping during the pandemic.
- Private members’ clubs chain Soho House eyes £2bn New York float on February 25, 2021 at 9:52 pm
The company first made a bid for the public markets in 2018, but pulled the £1.5bn float blaming market conditions. It has hired JP Morgan and Morgan Stanley for a second attempt.
- MARKET REPORT: Investors hope to make a packet in Mondi tie upon February 25, 2021 at 9:52 pm
The City rumour mill has been churning out this speculation out for a while – and both companies’ swift ‘no comment’ responses to Bloomberg reports did little to dampen investors’ enthusiasm.
- Serco fights back over Test & Trace: Boss defends plan to pay dividendon February 25, 2021 at 9:52 pm
Serco chief executive Rupert Soames (pictured) came out fighting yesterday, saying that despite a ‘bumpy start’ the NHS Test and Trace scheme was now a ‘remarkable success’.
- Sunak set to overhaul Covid loan programme in next week’s budgeton February 25, 2021 at 9:52 pm
The Coronavirus Large Business Interruption Loan Scheme for big firms will also be shut. But the Coronavirus Business Interruption Loan Scheme will morph into a ‘recovery loan’ scheme.
- Day of reckoning for Thor Bjorgolfsson following Icesave collapseon February 25, 2021 at 9:51 pm
Thor Bjorgolfsson (pictured), who counts film director Guy Ritchie as a good friend and who takes holidays with the Beckhams, was a major shareholder in Landsbanki, the bank behind Icesave.
- 10 tips to boost your credit score and avoid mortgage rejectionon February 25, 2021 at 6:36 pm
Some 22 per cent of home buyers blame bad credit for having their property purchase thwarted. Experian’s John Webb and the Mortgage Advice Bureau’s Brian Murphy explain how to fix it
- 234k extra buyers could benefit from stamp duty holiday extensionon February 25, 2021 at 4:10 pm
Around 750,000 buyers in England are set to benefit from the stamp duty holiday since it was launched last year, saving them but costing the Treasury nearly £5billion, according to the findings.
- Coinbase one step closer to going public on US stock exchangeon February 25, 2021 at 3:48 pm
The cryptocurrency exchange group has made a regulatory filing to go public via the Nasdaq stock exchange, bringing it one step closer in its mission to bring about mainstream endorsement.
- Hong Guang Mini is the £3,200 EV that’s outselling Tesla in Chinaon February 25, 2021 at 2:25 pm
The zero-emissions car is less than three metres long, seats up to four people, has a claimed range of 106 miles and can be charged from a 240V mains socket.
- Npower deactivates app after customers personal details stolen in hackon February 25, 2021 at 1:14 pm
The energy giant has closed down its app today after it was revealed hackers had accessed multiple customer accounts.
- A behind-the-scenes Turismo of Porsche’s new Taycan electric estateon February 25, 2021 at 12:51 pm
The new Porsche Taycan Cross Turismo shape is essentially a more rufty-tufty shooting brake, fastback or estate version of the highly successful Taycan saloon – or a blend of all three.
- Fuel stations to switch to greener E10 petrol from Septemberon February 25, 2021 at 12:34 pm
The greener petrol is designed to cut vehicle emissions but will likely increase fuel bills slightly for owners of newer cars – and hike running costs for older vehicles that can’t use it at all.
- It’s never been easier to make yourself an Isa millionaireon February 25, 2021 at 11:51 am
Joining the £1m club is an impossible dream for many, but investing in Isas might make it easier than you think. There are 579 investors
- Boss of Goldman Sachs calls working from home an ‘aberration’on February 25, 2021 at 11:35 am
Speaking at a conference last night, Solomon said the culture and ethos of Goldman Sachs meant permanent home-working was not an option for the business or its staff.
- Could I buy in time to benefit from a stamp duty holiday extension?on February 25, 2021 at 10:11 am
We had been working on the basis that there was no way we would benefit from the stamp duty holiday, but I have now read that it could be extended for three months.
- Drivers paid almost £60million in bus lane fines in 2019on February 25, 2021 at 9:54 am
Figures for 2019 show that two million Penalty Charge Notices (PCNs) were issued to drivers caught on 800 cameras driving in bus lanes across the country.
- Off-plan home sales reach six-year low as landlords exit market – but could homeowners fill the gap?on February 25, 2021 at 9:42 am
Sales of homes bought off-plan reached a six-year low in 2020 as landlords left the market – although there are signs home owners may be warming up to the idea of buying a home before it is fully built.
- Land Rover unveils its most powerful Defender V8 everon February 25, 2021 at 9:40 am
Fuel consumption for the new V8 is revealed as a miserly 19.5mpg with emissions of CO2 coming in at a mighty 327g/km.
- Isas: Rishi Sunak urged to use the Budget to fix Britain’s broken systemon February 25, 2021 at 9:35 am
The Chancellor should use next week’s Budget to simplify the Isa system and scrap the trend of having one for ‘almost every day of the week’, savings industry experts have said.
- Millions of 4G smartphone owners in UK could be entitled to a £480m payouton February 25, 2021 at 8:46 am
Consumers could be owed a collective £482.5million in damages from multibillion-dollar tech giant Qualcomm, according to the consumer body.
- The crazy Isa rule where you can only pay into one account must changeon February 25, 2021 at 8:36 am
The Isa is a fantastic saving and investing invention but it also needs a radical change, because it’s not up to scratch anymore.
- GRACE ON THE CASE: Who is responsible for paying for damage to my wall?on February 25, 2021 at 8:35 am
A car drove into my garden wall, demolishing a section. It was then revealed another car had got into him, leading to the crash. But now neither insurer is paying up for the damage. What can I do?
- Mobile wallets like Apple Pay made up more online purchases than debit cards in 2020 on February 25, 2021 at 8:35 am
An eye-opening new report from the payment processor Worldpay found so-called ‘mobile wallet’ payments were used for just under a third of all online transactions in 2020.
- Pensions vs Lifetime Isas: Eight ways to work out which is beston February 25, 2021 at 8:30 am
There are a number of important factors to take into account when choosing how best to boost retirement savings with taxpayer handouts, says financial expert Kay Ingram.
- Events industry urges Rishi Sunak to help it ‘avoid collapse’ as 93% of workers see income plummeton February 25, 2021 at 8:30 am
Having been shut down since March 2020, the live events industry has launched a campaign, #GovCantSeeUs, urging the Government to act now to save businesses and livelihoods.
- £60m Lloyds boss Antonio Horta-Osorio says bank is back on its feeton February 25, 2021 at 6:31 am
Antonio Horta-Osorio, who took over as Lloyds chief exec in 2011, is set to leave at the end of April. And although his pay last year was £1m less than in 2019, it took his rewards in the job to £59.5m.
- City superwoman Helena Morrissey slams Neil Woodford’s return on February 24, 2021 at 10:03 pm
Morrissey, chief executive at Newton Investment Management for 15 years, said: ‘I am religious and I believe in redemption but he should not be returning to the same thing he just did.’
- ALEX BRUMMER: Bailey’s call to arms as EU derivatives battle heats upon February 24, 2021 at 10:02 pm
Bank of England governor Andrew Bailey (pictured) is fearful that the EU is prepared to exert pressure on locally based financial firms to shift derivatives deals out of London to Continental centres.
- Issa brothers appoint Dame Alison Carnwath to
EG Group boardon February 24, 2021 at 10:00 pm
Dame Alison Carnwath (pictured) has previously served on the boards of FTSE titans including BP and Barclays, and is currently a senior non-executive director at Zurich Insurance.
- MARKET REPORT: Hot property! Landlords surge as lockdown liftson February 24, 2021 at 9:53 pm
Shopping centre-landlords were in hot demand yesterday – with Birmingham Bullring (pictured) -owner Hammerson climbing almost to the top of the FTSE 250 last night.
- Bitcoin embroiled in £3.5bn legal battleon February 24, 2021 at 9:53 pm
Craig Wright (pictured), an Australian computer scientist who lives in Surrey, lost his bitcoin after hackers broke their way into his personal computer, and stole ‘keys’ to two accounts.
- Fred’s folly at RBS’s Gogarburn HQ transformed into a food bankon February 24, 2021 at 9:53 pm
Royal Bank of Scotland’s vast Gogarburn complex outside of Edinburgh, widely viewed as a monument to the vanity of former chief exec Fred Goodwin, is now playing host to a food bank.
- Robots posing as humans now answer 85% of customer queries onlineon February 24, 2021 at 6:42 pm
Chatbots have become increasingly common as firms struggle to keep up with a surge in enquiries from customers during the pandemic, at a time when many have fewer staff manning their call centres.
- The vaccine hero practice nurses who can’t get fair play over NHS pensionson February 24, 2021 at 6:42 pm
Unlike her colleagues in the photograph, Debbie McGinty (far left) has had to keep working because she was excluded from the NHS pension scheme when she went into practice nursing.
- Fan-tasy supercar: Feast your eyes on the Gordon Murray T.50s Niki Laudaon February 24, 2021 at 6:15 pm
Just 25 will be produced, each with a price of £3.1million, and caries the name of one of Formula One’s most talented and courageous drivers, the late Niki Lauda.
- Reckitt Benckiser achieves its largest ever annual sales increaseon February 24, 2021 at 5:03 pm
Disinfectants Dettol and Lysol grew robustly, entering 41 new markets as customers became more conscious about protecting their health.
- TSB’s new ‘Premium’ current account pays customers less cashback than its free versionon February 24, 2021 at 2:37 pm
TSB has launched a new cashback-paying current account with a monthly fee which wipes out 60 per cent of what its holders can earn.
- Shops and offices have been shuttered – so is UK commercial property still worth investing in?on February 24, 2021 at 10:36 am
Open-ended property funds suffered in 2020 as shops and offices shut their doors during the pandemic – but trusts investing in warehouses and supermarkets proved popular.
- Kia’s new app gives drivers access to 14,000 public EV charging deviceson February 24, 2021 at 9:13 am
It’s new KiaCharge s ‘one-stop shop’ system gives drivers of its cars access to 13,900 UK charging points at which to recharge their pure electric or plug-in petrol-electric hybrid vehicles.
- VICTORIA BISCHOFF: Clean up the mess over missing child trust fundson February 24, 2021 at 9:09 am
If young adults ever needed a windfall, it’s now. Even a modest sum could provide a vital financial safety net – or at the very least, fund some much -deserved fun when we’re finally allowed out.
- Buy now pay later schemes are fastest-growing online payment methodon February 24, 2021 at 9:07 am
The schemes are expected to account for 10 per cent of UK online spending by 2024, the research predicts. The global report was compiled by payment processing technology provider Worldpay.
- My BT ordeal! TONY HAZELL negotiated a deal but they hiked the priceon February 24, 2021 at 9:06 am
When it comes to treating customers with complete disdain, I’d like to present the telecoms companies with this year’s Oscar. I spent a couple of hours negotiating a new two-year deal with BT.
- Households braced for bill hikes as providers announce price riseson February 24, 2021 at 9:06 am
This month Netflix users will pay an extra £12 a year for a standard price plan and £24 more for its premium price plan, which allows you to use the streaming service on up to four devices at once.
- £400m in Child Trust Funds opened 18 years ago waiting to be claimedon February 24, 2021 at 9:06 am
Teenagers are sitting on £400m in childhood savings they may not know exist. Around 200,000 Child Trust Funds are still waiting to be claimed – with an average of £2,000 in each, figures reveal.
- Yorkshire Building Society offers loyal members a top rate of 3.5%on February 24, 2021 at 9:01 am
The society’s Loyalty Regular Saver, launched yesterday, runs for 12 months but allows you limited access to your money. You can make withdrawals during the term on one day only.
- Don’t get locked in to a dud deal when your fixed bond matureson February 24, 2021 at 8:58 am
Most banks and building societies move your cash into an easy access account when your bond matures. But some reinvest your money in new fixed bonds which pay as little as 0.1 per cent.
- ASK TONY: A friend booked our group holiday, but my insurer won’t payon February 24, 2021 at 8:57 am
In October 2019, eight of us booked a cottage in Somerset costing £1,200 for a short break from March 24, 2020. One of our group booked for all of us and we each gave him our £300 share.
- How SPACs became the new investment craze that’s sweeping Wall Streeton February 23, 2021 at 10:36 pm
What does Joanna Coles, (pictured) a former women’s magazine editor, have in common with US sports star Alex Rodriguez, tycoon Sir Richard Branson and Martin Luther King III?
- ALEX BRUMMER: Boris boosts confidenceon February 23, 2021 at 10:36 pm
Boris Johnson’s slow coach to Covid-19 freedom day on June 21 is cautious.It is seen by critics as eroding Britain’s hard won vaccination advantage. Yet in its own way it is bold.
- MARKET REPORT: Tesla slams brakes on the US tech stock boom on February 23, 2021 at 10:36 pm
The likes of Scottish Mortgage Investment Trust have been in demand in the last year from retail shareholders who prefer not to buy into firms such as Apple, Facebook and Netflix directly.
- Melrose boss under fire over closure of GKN Birmingham car parts planton February 23, 2021 at 10:36 pm
Simon Peckham (pictured) said the Birmingham factory had lost more than £100m in a decade and was shedding more business because of the switch towards electric vehicles.
- Sterling flies higher on recovery hopeson February 23, 2021 at 10:36 pm
As Goldman Sachs said the UK economy was ‘well positioned for a near-term rebound’, the pound rose above $1.41 for the first time since April 2018 and topped €1.16 for the first time since March last year.
- HSBC to keep its Canary Wharf HQ as it plots to close half its officeson February 23, 2021 at 10:36 pm
HSBC said it would reduce the office space it occupies by 40 per cent to cut costs and allow staff to work from home more often. It is feared the move could be highly damaging to many local economies.
- Get workers back to our city centres, PM urged on February 23, 2021 at 10:36 pm
While the PM’s plan includes the reopening of shops and hairdressers in April – along with pubs and restaurants serving outdoors – advice to work from home will last until at least June 21.
- Mercedes’ new £38k C-Class launched with ‘Smart Home’ technologyon February 23, 2021 at 6:47 pm
you’ve ever wanted to check on who’s in your house, turn up the central heating or prepare the TV, all from the comfort of your car when you’re still on the move, Mercedes-Benz has now got the answer.
- Hyundai aims at Tesla’s Model 3 with electric Ioniq 5 crossoveron February 23, 2021 at 6:46 pm
The Ioniq 5 is a bold new family-size crossover to be launched under the Korean manufacturer’s ‘Ioniq’ EV sub-brand this summer.
- Two thirds of small British firms expect to grow their business in 2021on February 23, 2021 at 4:29 pm
Two thirds of UK businesses say they are optimistic about their prospects of growth in 2021, with younger business owners the most upbeat about the immediate future.
- Housing transactions drop for first time since April as stamp duty holiday nears endon February 23, 2021 at 3:35 pm
Property transactions in the UK took a tumble in January for the first time in nine months according to HMRC data, in the latest sign the pandemic-fuelled market boom is coming to an end.
- NS&I power outage left savers locked out of online banking on Mondayon February 23, 2021 at 2:12 pm
A ‘technical issue’ which affected the Treasury-backed bank for most of yesterday meant many of its 25m savers were locked out, while customer services could not help over the phone either.
- What is Modern Monetary Theory: Do we need to worry about the deficit?on February 23, 2021 at 1:38 pm
An increasingly popular economic idea holds that countries that issue their own currency shouldn’t worry about deficits and should pursue full employment.
- Motorists allow car insurance policies auto-renew far more in lockdownon February 23, 2021 at 12:02 pm
Nearly three million more drivers have let their car insurance auto-renew so far this year compared to the same point of 2020 adding £2.1bn collectively to bills, GoCompare estimates.
- Can credit unions really solve Britain’s high cost credit shortage?on February 23, 2021 at 11:20 am
With high profile backers including Michael Sheen and Camilla, Duchess of Cornwall, credit unions have long been applauded for their co-operative membership model.
- Porsche to begin production of CO2-slashing eFuel next yearon February 23, 2021 at 10:34 am
The fuel would not require any modifications to a car and make existing motors as clean as electric cars, taking into account the carbon footprint from production and supply.
- Help with the rental deposit: How these alternative companies workon February 23, 2021 at 8:58 am
Young renters have been hit financially by the pandemic. With hefty deposits often a barrier to moving, companies are now offering to secure their tenancies for them – in exchange for a fee.
- How can I get money back from refunds paid to a closed credit card?on February 23, 2021 at 8:49 am
HSBC have not sent me a cheque, nor have they refunded me through my bank account. What should happen in this situation and how can I get them to give me my money back?
- Sunny Heart Travel: Ex-Thomas Cook staff launch it on 1 Marchon February 23, 2021 at 8:48 am
Opening a travel agent in the midst of a global pandemic may seem like a brave move but that is exactly what Sunny Heart Travel is doing.
- Cash is king: Three quarters of drivers pay for parking with coinson February 23, 2021 at 8:48 am
Of all the payment options on offer, including pre-paying online, contactless smartphone transactions and using bank cards, the study found that 75% of all parking payments are made using coins.
- Kipferl owner: We tackled lockdown but now stock is stuck at customson February 23, 2021 at 8:47 am
Hubert Zanier, 47, took over his favourite cafe in 2019 when it went into administration. Little did he know, he’d have to save it again when Covid hit. Now he’s tackling Brexit.
- Rio Tinto chief paid £7m despite caves blast rowon February 22, 2021 at 10:19 pm
Jean-Sebastien Jacques made £7.2m in 2020 – the most in a single year since he became chief executive in 2016. The bumper pay packet came even as his cash bonus was docked.
- GKN’s owner to be grilled by MPs over plans to shut planton February 22, 2021 at 10:15 pm
Melrose’s Simon Peckham will face Parliament’s business committee after his company was accused of going back on ‘the spirit’ of promises made when it bought the engineer three years ago.
- I will clear my name, says banker guilty of rigging rateson February 22, 2021 at 10:14 pm
Tom Hayes, a former UBS trader, served five-and-a-half years in jail. He was labelled the ‘ringmaster’ of an international conspiracy to move bank interest rates, technically known as Libor.
- Boeing advises airlines to ground some of its planeson February 22, 2021 at 10:14 pm
It said 777s that are fitted with Pratt & Whitney PW4000 engines should stop flying as US regulators decide rules around how often they should be inspected.
- British Gas orders 2,000 electric vans in big upgradeon February 22, 2021 at 9:51 pm
It said that after buying the Vauxhall Vivaro-e vans, 3,000 of its 12,000-strong fleet will be all-electric. Parent company Centrica has vowed to make all of its vehicles electric by 2025.
- ALEX BRUMMER: Everyone a loser in battle for G4Son February 22, 2021 at 9:51 pm
If investors approve the £3.8billion offer from Allied Universal, then command and control of the world’s largest security company, employing 530,000 people, would pass to the Pennsylvania firm.
- Banking giant HSBC shakes up top team in ‘pivot to Asia’on February 22, 2021 at 9:51 pm
The lender, which is slimming down its European and US operations, said Ewen Stevenson will take on responsibility for the bank’s transformation and mergers and acquisitions.
- Jay-Z’s champagne brand being expanded with help from LVMHon February 22, 2021 at 9:51 pm
Jay-Z purchased Armand de Brignac seven years ago. And the 51-year-old, real name Shawn Carter, announced that half the business will be sold to the luxuries brand
- MARKET REPORT: Shares in travel and leisure bounceon February 22, 2021 at 9:50 pm
Shops, hairdressers and gyms will be among the first to benefit from April 12 – when pubs and restaurants will also be able to run an ‘al fresco April’.
- G4S looks set to fall into American hands – with payouts for bosseson February 22, 2021 at 9:50 pm
US giant Allied Universal is poised to buy the British security company for 245p-per-share, or £3.8billion, pending shareholder approval. Allied’s victory followed a three-month bidding war.
- BUSINESS CLOSE: FTSE pares losses as PM unveils lockdown easing planon February 22, 2021 at 5:07 pm
Non-essential shops, hairdressers and pubs with outdoor seating will be allowed to reopen no sooner than 12 April, while restaurants, pubs and hotels will be able to reopen from 17 May.
- CLIMATE ASSETS: Attenborough effect boosts climate fundon February 22, 2021 at 3:13 pm
Having run the Climate Assets fund for the past 11 years, investment house Quilter Cheviot is not new to investing in environmentally-friendly companies.
- MIDAS: Ten top tips as UK shares are the biggest bargain in decadeson February 22, 2021 at 3:07 pm
Looking across the market, Midas has selected ten stocks that should benefit as the threat of Covid-19 recedes and life begins to return to normal.
- SMALL CAP SHARE IDEAS: Savannah Resourceson February 22, 2021 at 3:00 pm
What’s close to home, but also a good way to play the emerging opportunities in the green economy? Savannah Resources provides one possible answer.
- Government scraps EU Vnuk law requiring insurance for vehicles used on private landon February 22, 2021 at 2:15 pm
The controversial EU Vnuk law, which requires insurance on private land for a wide range of vehicles, has been scrapped, the Government announced.
- London named the top city in the world to invest in by Schroderson February 22, 2021 at 1:08 pm
Britain’s capital rose to the number one position in Schroders’ Global Cities Index from second place last year thanks to scoring highly on environmental and social factors.
- Vodafone, Three, EE and BT Mobile customers to see bills increase by as much as 4.5%on February 22, 2021 at 12:46 pm
Three and Vodafone join EE and BT Mobile by announcing pay monthly and Sim-only customers will soon see an increase to their bills.
- Virgin launches new rewards deal, but is it worth signing up for?on February 22, 2021 at 11:40 am
The Virgin Red scheme encourages people to visit its website or download the phone app – and buy goods and services offered by a number of online shops.
- Lifetime Isa: Petition for penalty to be reduced permanently gets 16,000 signatureson February 22, 2021 at 11:19 am
The Government has been forced to address plans to begin charging aspiring first-time buyers their own money to raid their house deposits if they run into financial difficulty.
- Cohabiting couple? Don’t buy a home together until you have asked these six key questionson February 22, 2021 at 11:07 am
The number of cohabiting couples submitting joint mortgage applications rose by 60 per cent in 2020. We explain what you need to ask each other before taking the plunge
- Woodford may be a witness FOR investorson February 22, 2021 at 8:49 am
Litigation firm Harcus Parker has amassed more than 6,000 investors to sue Link Financial Services, which shuttered Woodford’s £3.7billion Equity Income fund in 2019.
- Which FTSE 100 shares offer the best dividends to investors?on February 22, 2021 at 8:01 am
Nearly a fifth of members of the elite index have either restarted dividends or declared their intention to do so. Russ Mould of AJ Bell runs through the top payers, and the likelihood they will stay on course.
- Is it ever wise to take an interest-only mortgage?on February 22, 2021 at 7:59 am
Interest-only mortgages have become something of a taboo ever since the 2008 crash. But could they be a short-term fix for homeowners hit financially by Covid, or is taking one out too much of a risk?
- I’m divorced so can I claim a higher state pension?on February 22, 2021 at 7:55 am
I was divorced in 2012. My ex-husband was 65 in 2013. When I claimed my state pension it did not occur to me to use his pension contributions to enhance my pension.
- New research finds investment trusts are still the secret sauce to becoming an ‘Isa millionaire’on February 22, 2021 at 7:35 am
Interactive investors has revealed that among the 731 pots of a million pounds or more that are held with it, closed-ended funds account for 54 per cent of the average portfolio.
- Ministers bid to save 800 Vauxhall jobs at Ellesmere Porton February 21, 2021 at 9:54 pm
Senior executives at Stellantis, Vauxhall’s parent company, will decide the future of the plant, marking a critical moment for Britain’s post-Brexit manufacturing.
- RUTH SUNDERLAND: FCA is not fit for purposeon February 21, 2021 at 9:52 pm
The Financial Conduct Authority has a lamentable record of letting down consumers and small firms, whilst failing to hold to account the likes of Neil Woodford for the losses they inflict.
- Stamp duty holiday boosts number of house saleson February 21, 2021 at 9:50 pm
The Centre for Policy Studies said the number of transactions rose from 132,090 between April and June, to 316,300 in the final quarter of 2020. It wants the new threshold to stay.
- Taxpayers will only recoup fraction of cash owed by Arcadiaon February 21, 2021 at 9:50 pm
The Topshop owner was put into administration on November 30 – hours before a change in insolvency laws would have bumped HMRC up ahead of other unsecured creditors.
- John Lewis preparing to close up to eight more storeson February 21, 2021 at 9:50 pm
Chairman Dame Sharon White has already closed eight stores and cut 2,800 jobs. The mutual, which has 42 stores, is set to announce further closures, pending negotiations with landlords.
- Marks & Spencer hits out at ‘unbearable’ business rateson February 21, 2021 at 9:50 pm
Steve Rowe said the ‘seismic upheaval’ caused by the pandemic would lead to thousands more lost jobs unless the ‘unbearable yoke’ of business rates is slashed.
- STOCK WATCH: Will Lloyds divi rise as boss rides into sunset?on February 21, 2021 at 7:02 pm
Lloyds chief Antonio Horta-Osorio will this week preside over his final set of annual results before leaving the saddle at the Black Horse bank.
- Guy Hands: NHS should take over ALL care homeson February 21, 2021 at 12:45 pm
Guy Hands is boss of Terra Firma, the firm he set up in 2002, which has inked billions of pounds in deals, including buying and selling Odeon and William Hill.
- Topshop is back on Asos website from tomorrowon February 21, 2021 at 10:53 am
The relaunch will be exclusive to the Asos website and the company hopes continued demand for the brand will attract large numbers of shoppers.
- Home Bargains pays its billionaire owner £16m dividendon February 21, 2021 at 10:43 am
Fiercely private discount retailer Home Bargains paid its billionaire owner a £15.8million dividend – but declined to say yesterday whether it has accepted a business rates holiday worth twice that amount.
- City giants call for cuts to red tape and taxeson February 21, 2021 at 10:37 am
Groups representing insurers, banks and asset managers will urge the Government to cut red tape and offer low taxes.
- CBI BOSS: Government must continue paying for free Covid tests for firmson February 21, 2021 at 10:34 am
While the vaccine offers huge hope, it isn’t the whole picture when it comes to getting the economy firing again., says CBI president, Lord Bilimoria.
- M&S revamps clothes with raft of new labelson February 21, 2021 at 10:30 am
High street giant Marks & Spencer is set to kickstart a once-in-a-generation overhaul of its clothing strategy by offering a string of top fashion brands alongside its own ranges.
- Stagecoach on track to extend £300m Covid loan by a YEARon February 21, 2021 at 10:19 am
The Mail on Sunday can reveal that the company has already begun renegotiations over the terms of the loan, which it raised from the Bank of England last spring.
- How a highly-sophisticated scam cost Catriona £241,000on February 21, 2021 at 10:05 am
When Catriona Oliphant got a phone call warning her there had been fraudulent activity on her and her elderly mother’s bank accounts, the timing could not have been worse.
- Princess Camilla de Bourbon to pay £2m fine in BNP rowon February 21, 2021 at 9:58 am
Italian heiress Camilla de Bourbon is set to pay a £2million fine tomorrow as part of a bitter inheritance dispute over her mother’s €250million (£216million) trust fund.
- Don’t stop cash for Covid tests at work, CBI boss tells PMon February 21, 2021 at 9:43 am
Lord Bilimoria, president of the Confederation of British Industry, urged Boris Johnson to extend Government funding for the scheme beyond next month’s cut-off.
- The investment funds that could shine in the years aheadon February 21, 2021 at 9:40 am
After almost 12 months of hunkering down as Covid-19 raged, economic recovery is on the way. Not just in the UK, but globally. Here, we identify some of the investment funds that could shine in the future.
- How do you avoid children fighting over the family home after you die?on February 21, 2021 at 8:34 am
Parents need to think ahead and make arrangements for what should happen to the property in their wills – and ideally let everyone know in advance – or risk a messy legal battle.
- TONY HETHERINGTON: ‘Rescue’ crooks preying on victims of liquidationon February 20, 2021 at 10:16 pm
I have £70,000 in investment bonds with Quinshaw Group, which you wrote about recently. When Quinshaw went into liquidation, I was told my money would be returned.
- From pensions to Isa: Our guide to help plan retirementon February 20, 2021 at 10:16 pm
The booklet, written by Personal Finance editor Jeff Prestridge, provides plenty of sound advice on how to build a financial fortress for retirement.
- Lloyd’s of London: We’ll root out treasures with links to slave tradeon February 20, 2021 at 10:16 pm
Lloyd’s of London is seeking an archivist to examine its vast trove of goods obtained over more than three centuries, including paintings, furniture, swords and silverware.
- Eliot Kennedy: I wrote a Spice Girls song that made me £1millionon February 20, 2021 at 10:16 pm
It took songwriter Eliot Kennedy just an hour to write 1996 hit song Say You’ll Be There for the Spice Girls – netting him more than £1million. He spoke to Donna Ferguson.
- HAMISH MCRAE: Now listen to business, Rishion February 20, 2021 at 10:16 pm
The task for Rishi Sunak when he presents the Budget on Wednesday week will be to keep the momentum going. How can he meet that challenge?
- JEFF PRESTRIDGE on Neil Woodford’s comebackon February 20, 2021 at 10:15 pm
Much to the chagrin of most of his former investors, fund manager Neil Woodford is on the comeback trail. Or so he hopes.
- Delay to business rates overhaul
‘insulting’ to firmson February 20, 2021 at 9:05 am
Rishi Sunak blamed the delay on economic uncertainty, but critics damned the ‘feeble excuse’, saying the decision ‘exposed the Treasury’s lack of ideas’.
- ALEX BRUMMER: Chancellor must hold his fireon February 20, 2021 at 9:04 am
As the Treasury makes its final budget decisions, it should be buoyed by the fact that, for all the damage Covid has done to shops, education, hospitality and business, tax receipts are holding up.
- Internet car dealer Cazoo eyes £5bn flotationon February 20, 2021 at 9:01 am
According to reports, the business could float with a valuation of around £5billion, making it one of the largest and fastest tech IPOs in recent years. The firm was launched 15 months ago.
- Another boost for savers and Treasury: Natwest brings back divion February 20, 2021 at 9:00 am
The lender said it would hand out 3p per share, in a welcome move for pension funds and savers who have been starved of income after the Bank of England imposed a ban on payouts last year.
- Pound smashes through $1.40 over vaccine rollouton February 20, 2021 at 8:58 am
Sterling rose as high as $1.4035 – a level last seen in April 2018 – having fallen below $1.15 last year. Confidence in the economy has been growing since the turn of the year.
- Neil Woodford’s new office in King George II’s mansionon February 20, 2021 at 8:58 am
While investors who entrusted the disgraced stock-picker with their savings have lost more than £1billion, the once-feted fund manager will be rebuilding his career from Marlow Place.
- Hermes smashes analysts’ forecasts due to Asia and onlineon February 20, 2021 at 8:57 am
The French handbag and silk scarf maker said sales rose 16 per cent between October and December, considerably better than its luxury goods rivals.
- MARKET REPORT: Boom in online shopping here to stayon February 20, 2021 at 8:55 am
Although there has been debate about how long this trend will last, Segro boss David Sleath believes spending habits have ‘potentially changed irrevocably’.
- Fill your boots with private equity trusts: They can be lucrativeon February 20, 2021 at 8:51 am
At present, private equity players may have as much as £1.7trillion of ‘dry powder’ in the form of ready cash to spend, with UK firms seen as alluringly cheap.
- MR MONEY MAKER: Commodities boost Covid recoveryon February 20, 2021 at 8:44 am
If we think that, despite all the bad news, the global economy will soon be improving after last year’s horror show, then we should be buying commodities.
- BA-owner IAG to lay bare toll coronavirus took in 2020on February 20, 2021 at 8:36 am
Analysts expect the airlines conglomerate to post a loss of £4.9billion. This compares with profits of £2.6billion in 2019. The City’s main questions will be around current trading and what happens next.
- Bestinvest Spot the Dog report reveals worst performing investment fundson February 20, 2021 at 7:40 am
Twice a year a report surfaces that names and shames underperforming investment funds, and managers ‘live in fear of being included in the kennel of shame’, according to its authors.
- UK insurers expected to pay out £2.5bn for coronavirus insurance claims from 2020on February 20, 2021 at 7:39 am
Insurers are expected to pay out up to £2.5billion for UK insurance claims relating to Covid-19, new research has revealed.
- Free Aldi wine course: Can you learn sommelier tricks at home?on February 20, 2021 at 7:39 am
The German supermarket giant has eight modules with factsheets and videos hosted by one of only 408 Masters of Wine in the world, Sam Caporn.
- Rent hotspots revealed: Ipswich and Northampton see huge spikeson February 20, 2021 at 7:37 am
Demand for rented rooms in London has plummeted while smaller towns such as Ipswich and Warrington are seeing huge increases, as the effects of the pandemic continue to take hold.
- SMALL CAP MOVERS: Online Blockchain gets Elon-gatedon February 19, 2021 at 4:42 pm
Investors piled this week into stocks exposed to the hot investment sectors, namely Bitcoin, COVID-19 and cannabis.
- What happens next to the property market and house prices? The This is Money podcaston February 19, 2021 at 2:49 pm
Since the stamp duty holiday came in last summer, there has been a property market mini-boom despite the ongoing coronavirus pandemic.
Friday, February 26, 2021