HSBC drags its feet over bounce back loans with small firms forced to wait more than a month for desperately-needed cash By Amelia Murray For The Daily Mail Published: 22:00 BST, 7 July 2020 | Updated: 22:00 BST, 7 July 2020 HSBC is forcing small business owners to wait more than a month for Government-backed … Read more
Bounce Back loans have provided a lifeline for a million small firms since taxpayer-backed scheme launched in May By Daily Mail City & Finance Reporter Published: 23:06 BST, 7 July 2020 | Updated: 23:06 BST, 7 July 2020 More than a million firms have received lifeline Bounce Back loans since the taxpayer-backed scheme launched in … Read more
Self-employed borrowers frozen out by banks since lockdown get some hope as small building society offers a new ‘bounce back’ mortgage Self-employed will have been hard pressed to find a mortgage so far this year Banks have limited who they lend to as worries over the economy loom New deal could help by letting those … Read more
Can you possibly imagine Margaret Thatcher ever having had to reassure her audience that she was ‘not a Communist’? The Iron Lady, after all, made her name by standing up to Communism wherever she encountered it, whether in the Kremlin or the hard Left British trade unions whose leaders she crushed. Yet Boris Johnson, in … Read more
Small firms still struggling to land Bounce Back loan cash with more than £40bn already handed out By Lucy White For The Daily Mail Published: 23:11 BST, 23 June 2020 | Updated: 23:57 BST, 23 June 2020 More than £40billion has been handed out to businesses in emergency taxpayer-backed loans – but hundreds of desperate … Read more
Taxpayers’ cash designed to keep hard-pressed businesses afloat during the coronavirus pandemic is being used by some company bosses to buy themselves luxury supercars, claim motor-trade experts and dealers. Supercar dealers across the UK say their business has boomed since the government began handing out the ‘Boucne Back Loans to company owners, according to reports … Read more
No one could doubt that the world now is a very different place to the world as it seemed at the beginning of this year. Coronavirus has come and wreaked havoc on the health and wellbeing of millions around the world, and disrupted markets and income streams everywhere. In one or two serendipitous cases however, … Read more
What next for shares after the post-crash bounce? By This Is Money Published: 17:09 BST, 8 June 2020 | Updated: 17:09 BST, 8 June 2020 The stock market in the UK has bounced substantially since late March and shares in the US have soared even more, but how long can this last? On this episode … Read more
Britain’s investors poured £4.1billion back into investment funds in April after a torrid March saw them pull money out in the coronavirus crash. Investment Association figures showed that a quarter of April’s uptick was thanks to a significant flow of money into responsible investing funds – a theme that has been under the spotlight in … Read more
Let’s say hurrah for £5,000 handbags, handmade Swiss watches and trainers at £630 a pair. Demand for luxury goods was merely put on pause by the pandemic, and has now been rekindled. Or so you would conclude from the rebound in the share prices of companies that make and sell these and other objects of … Read more