Police freeze £1.6million from ‘complex web’ of 25 bank accounts linked to mafia cash after probe into Italian crime gang money laundering firms in London Met Police say dozens of front companies to launder money were founded in UK Gangsters used a dead man’s identity and firms were set up by third parties Shell companies were … Read more
Sadiq Khan has said Transport for London could run out of money by the end of the month due to falling passenger numbers across the network. The Mayor of London last night revealed there had been a 95 per cent reduction in Tube use and an 85 per cent fall in numbers on buses following … Read more
The nation’s savers are being offered top rates in an effort to line the Government’s coronavirus war chest. Despite interest rates plunging to record lows, National Savings and Investments (NS&I) has gone against the grain and abandoned plans to cut rewards which would have cost savers £200 million. The Treasury-backed bank says the U-turn is … Read more
Many households are desperately worried about what the coronavirus crisis means for their jobs, pensions and savings. But if you get creative, there are ways you can make some extra cash without setting foot outside the door. From filling in surveys to recording audiobooks, we found out how five successful homeworkers are earning a living … Read more
Post Office launches cash delivery service to ensure vulnerable can access pensions and benefits By Amelia Murray For The Daily Mail Published: 22:01 BST, 21 April 2020 | Updated: 23:05 BST, 21 April 2020 A new cash delivery service has been launched by the Post Office and the Department for Work and Pensions (DWP) to … Read more
More than 140,000 companies employing more than one million people applied for emergency Government aid to pay workers wages in just eight hours today, Rishi Sunak revealed tonight . He said the coronavirus job retention scheme, which opened to firms in a bid to ward off widespread unemployment, should pay out to companies who logged … Read more
DFS enjoys a sales rise thanks to people seeking to spruce up their living rooms during lockdown as the sofa retailer lines up fresh finance DFS considering issuing new shares worth just under 20% of its existing capital It said it is also close to secure an additional £60-£70million from its banks Online sales up more … Read more
Woodford investors face a further agonising 10-day wait for what’s left of their savings as ruined fund delays payouts The first payouts are now due to start on 30 January Investors will be told the amount they will get around 28 January 2020 The equity income fund has lost 15% since investors were locked in … Read more
Financial hardship is spreading rapidly and crooks are actively looking to take advantage of people’s struggles to get hold of their cash. While times are tough, it remains crucial to take stock and prevent criminals from selling you dodgy pension products, insurance deals or investments. With scammers scouring their sucker list and the dark web … Read more
MARKET REPORT: Exhibitions and events organiser Informa goes cap in hand to investors to raise as much as £1bn to weather coronavirus pandemic By Francesca Washtell For The Daily Mail Published: 22:29 BST, 16 April 2020 | Updated: 22:32 BST, 16 April 2020 Exhibitions and events organiser Informa has gone cap in hand to investors … Read more