Tesco defies critics to pay £900m in dividends: Boost for pension funds and army of 220,000 shareholders By Tom Witherow For The Daily Mail Published: 21:55 BST, 8 April 2020 | Updated: 22:18 BST, 8 April 2020 Tesco offered hard-pressed savers some respite as it pledged to pay a £900m total dividend. Chief executive Dave … Read more
Insurance giants axe dividends worth £1.3bn in fresh blow to beleaguered savers By Lucy White For The Daily Mail Published: 21:55 BST, 8 April 2020 | Updated: 22:19 BST, 8 April 2020 Insurance giants have axed dividends worth £1.3 billion in a fresh blow to beleaguered savers. Aviva, Direct Line, Hiscox and RSA Group all … Read more
Rolls-Royce joins rush to cut dividends with 13 firms suspending or cancelling payouts worth £636m in just one day By Lucy White For The Daily Mail Published: 21:50 BST, 6 April 2020 | Updated: 22:22 BST, 6 April 2020 Dividends worth £17.6billion have now been axed so far this year as British investors continue to … Read more
Opportunities for people to extract a worthwhile income from their savings and investments are decreasing – by the day. Difficult times, no two ways about it, for this country’s army of savers and investors, though of course nothing like as stressful as it is for those on the NHS frontline. Banks and building societies are … Read more
The dividend battle: Four out of five of the UK’s biggest banks fought to maintain payouts as the Bank of England pushed for a cut By Daily Mail City & Finance Reporter Published: 21:57 BST, 3 April 2020 | Updated: 23:06 BST, 3 April 2020 Four out of the UK’s five biggest banks fought to … Read more
Banks bow to pressure and axe billions of pounds of dividends to save money for coronavirus fight Britain’s biggest banks are to stop paying dividends during the coronavirus crisis Barclays, Lloyds and NatWest said yesterday shareholders would not get payouts Move comes after string of firms axed dividends to save money to fight the virus Coronavirus … Read more
Pensioners who rely on dividend payments from investments face a hefty loss of income this year as companies slash and delay payments. Following the closure of millions of businesses due to the coronavirus, many firms are looking to do all they can to hang on to cash reserves to help them through the difficult time … Read more
UK’s biggest banks face pressure to axe dividends to ensure they can help struggling businesses weather the coronavirus crisis Barclays, HSBC, Lloyds, RBS and Standard Chartered are due to pay out £15.3bn Half of that money is due to investors in the coming weeks But they are facing calls to cancel or delay payouts so … Read more
Pressure growing on UK’s largest banks to cut bosses’ bonuses and shareholder payouts to preserve cash in face of growing coronavirus crisis By Lucy White For The Daily Mail Published: 22:09 BST, 30 March 2020 | Updated: 22:09 BST, 30 March 2020 Pressure is growing on the UK’s largest banks to cut bosses’ bonuses and … Read more
Axe bonuses and dividends, banks warned amid claims they are ripping off desperate borrowers By Lucy White For The Daily Mail Published: 21:50 GMT, 27 March 2020 | Updated: 21:50 GMT, 27 March 2020 Banks are coming under pressure to cut their bosses’ multimillion-pound pay packages and dividends amid claims they are ripping off desperate … Read more