The pound’s Boris bounce was short-lived. Even as the nation dreamed of the heady heights of $1.40 or €1.25, the rise was fizzling out. Sterling’s climb was knocked on the head when the Prime Minister’s plan to legally rule out an extension of the Brexit transition period was laid out. At the time of writing … Read more
Struggling small firms land £8.4bn of Bounce Back loans since it launched on May 4 By Lucy White For The Daily Mail Published: 23:37 BST, 12 May 2020 | Updated: 00:23 BST, 13 May 2020 Britain’s banks have now lent more than £8billion to keep the country’s smallest businesses afloat during the pandemic. In the … Read more
The day Britain’s lockdown was announced, a message pinged on my phone with a rhetorical question: ‘Is 5,000 some form of chart point?’ The text, on 23 March, referred to the FTSE 100 having closed below that waterline at 4,993.9 – down 35 per cent on its peak of 7,675. Things were looking about as … Read more
House prices have risen across the country for the first time in 18 months amid a surge in confidence among buyers and sellers following the Tory election triumph. There has been ‘a noticeable pick-up’ in the housing market since Boris Johnson defeated Labour’s Jeremy Corbyn in December, the Royal Institution of Chartered Surveyors said. But … Read more
Property market to bounce back in 2020 as shape of Brexit becomes clearer, industry bosses predict By Daily Mail City & Finance Reporter Published: 21:50 BST, 13 January 2020 | Updated: 21:50 BST, 13 January 2020 Property bosses have predicted the market will bounce back this year as the shape of Britain’s exit from the … Read more
The cruise industry may have pressed the pause button on late spring and early summer sailings, but most passengers are staying loyal, with cruise lines reporting that up to 75 per cent of customers are rescheduling rather than cancelling their bookings. Peak season for UK departures to the Mediterranean is April to October, and many … Read more
We publish our podcast every Friday to the player on This is Money, above, and on Apple Podcasts (iTunes) and on the podcast platforms Audioboom and Acast, both of which allow you to listen on desktop, mobile, or download an app. We also now publish to Spotify. To download the Apple Podcasts app if you … Read more
Some of Britain’s largest housebuilders chose to shut down their construction sites despite the Government granting them permission to stay open. Official advice has exempted builders from a lockdown that is seeing all non-essential shops close and social gatherings banned in an attempt to curb the spread of the coronavirus. Work can continue as normal … Read more
Anxious investors were offered a little respite yesterday on another topsy-turvy session on stock markets around the world. The FTSE 100 swung in and out of the red as a slew of companies temporarily shut stores, cut jobs or revealed they were on the brink of going bust because of the impact of the coronavirus … Read more
Global markets are crashing, fear over Covid-19 is growing and market uncertainty is prevalent, but some may believe now is the best time to get into investing – to buy shares in the sales after a huge fall. The FTSE 100 saw its second biggest daily drop last Thursday at 10.9 per cent and is … Read more