FCA launches investigation into guarantor lender Amigo Loans

Britain’s largest guarantor lender Amigo Loans is being investigated by regulators over its lending practices. In an announcement to the London Stock Exchange, Amigo said the Financial Conduct Authority launched an investigation on 29 May into ‘whether or not Amigo’s creditworthiness assessment process, and the governance and oversight of this, was compliant with regulatory requirements.’ … Read more

Watchdog launches probe into Amigo Loans for lending violations

Watchdog launches probe into ‘legal loan shark’ Amigo over whether it broke rules for responsible lending By Daily Mail City & Finance Reporter Published: 21:51 BST, 1 June 2020 | Updated: 22:12 BST, 1 June 2020 Amigo Loans is being investigated by the City watchdog over whether it broke rules surrounding responsible lending. The Financial … Read more

Moderna launches second phase trial for its coronavirus vaccine

Moderna has dosed its first set of patients in a second phase clinical trial for its coronavirus vaccine, the company announced on Friday.  Vaccines are a top-priority for health officials and biotech firms in the battle against coronavirus, as a shot to prevent infection would finally make it safe for people to return to work … Read more

Swedish PM launches inquiry into his country’s decision to avoid a coronavirus lockdown

Swedish PM launches inquiry into his country’s decision to avoid a coronavirus lockdown as country sees highest per capita death rate in the world  weden will launch an inquiry into the country’s handling of the pandemic  The country had 5.59 deaths for every million people on a rolling seven day average in the week to … Read more

Hard Seltzer – alcoholic sparkling water – launches in UK today

A new kind of alcoholic drink that became the unofficial beverage of the summer 2019 in the US launches in the UK today. Hard seltzer – an alcoholic flavoured sparkling water – became a sensation with American drinkers last year, so much so that there were shortages in stores, rationing was introduced, and a festival … Read more

Tinder launches feature allowing singletons to add facts about themselves to their profiles

Tinder prompts users to add question-and answer cards to their profiles that reveal details about their pets, favourite songs and hobbies – as usage of dating app surges during lockdown Tinder has launched Prompts, which add question-and-answer cards to profiles They will be available from today with the queries regularly updated It comes as the … Read more

Mole Valley fund house launches ‘Yorkshire T20’ portfolio

A ‘Yorkshire only’ portfolio is being pushed to affluent investors keen on supporting regional firms, including a Wetherby-based biotech developing a Covid-19 test. The York office of the Mole Valley fund house has launched the ‘Yorkshire T20’, with annual charges starting at 1.25 per cent – not including dealing and administration fees. The minimum investment … Read more

Coronavirus UK: Contact tracing scheme launches TOMORROW

The UK’s coronavirus contact tracing programme will launch tomorrow without its centrepiece NHS app as experts warned it will not be a ‘silver bullet’ which kills off the disease.   The NHS Test and Trace system for England will see anyone who develops symptoms told to self-isolate and get tested, with the close contacts of those … Read more