House prices hit another record high says Nationwide Building Society

The average house price hit a new record high of £231,068 in February, according to a monthly index from Britain’s biggest building society.  Property values climbed 6.9 per cent annually, up from 6.4 per cent in January, in what was described by Nationwide as a ‘surprise’ acceleration. A stamp duty holiday is due to end … Read more

Volvo to sell only electric cars by 2030 and exclusively online

Volvo’s entire line-up will be fully electric by 2030 as it phases out all cars with internal combustion engines, including hybrids, it said today. The Chinese-owned Swedish company followed the likes of Ford and Jaguar Land Rover in recent weeks, in outlining plans to ditch petrol and diesel engines by the end of this decade.  … Read more

Volvo to sell only fully-electric cars by 2030 that will be bought exclusively online

Volvo’s entire car line-up will be fully electric by 2030 as it phases out the production of all models with internal combustion engines, including hybrids, the Chinese-owned company said on Tuesday. It followed the likes of Ford and Jaguar Land Rover in recent weeks to outline its plans to ditch petrol and diesel engines by … Read more

What’s on the small business Budget wish list and what’s likely to happen?

Millions of Britain’s small and medium-sized businesses are awaiting the Budget with anticipation as any announcement could mean help or a serious struggle for survival. Prime Minister Boris Johnson’s ‘Roadmap to Recovery’ revealed last week will have raised hopes as tentative dates for slowly reopening the economy were given. However, it is Chancellor Rishi Sunak’s … Read more

The most sought after job perks of 2021 revealed

Nap pods and ping pong tables were once considered a top work perk, but these have now been replaced by ones like free virtual exercise classes, paw-ternity leave and work from home allowances thanks to the pandemic. Many of these perks were introduced as a well-being initiative to help with workers’ mental health and to … Read more

How accidental damage claims have surged in the pandemic

Accidental damage claims have risen substantially over the past year with the pandemic meaning millions of workers are doing so from home. Some saw large increases, including Halifax Home Insurance, which reported a 35 per cent rise in claims in September in 2020 when compared to the same month in 2019. Although lockdown measures had … Read more

Yogurt-maker Danone gives in to activist investors

Yogurt-maker Danone gives in to activist investors and agrees to ditch stake in Chinese dairy firm By Daily Mail City & Finance Reporter Published: 21:58 GMT, 1 March 2021 | Updated: 21:58 GMT, 1 March 2021 Under pressure: Danone has agreed to ditch its stake in a Chinese dairy business Danone has bowed to activist pressure and agreed … Read more

Exxon appoints two activist investors to board in drive to go green

Exxon Mobil appoints two activist investors to the board amid pressure for the firm to go green By Daily Mail City & Finance Reporter Published: 21:58 GMT, 1 March 2021 | Updated: 21:58 GMT, 1 March 2021 Eco drive: Exxon Mobil has appointed two activist investors to the board Exxon Mobil has appointed two activist investors … Read more

BT in turmoil as chairman Jan du Plessis steps down

BT in turmoil as chairman Jan du Plessis suddenly steps down amid rumours of boardroom clash with chief exec Philip Jansen By Matt Oliver For The Daily Mail Published: 22:00 GMT, 1 March 2021 | Updated: 22:00 GMT, 1 March 2021 BT chairman Jan du Plessis yesterday revealed he was stepping down after less than … Read more

MARKET REPORT: Budget boost lays strong foundation for builders

Housebuilding stocks started the week with a bang as hopes grew that Rishi Sunak will hand the industry two boosts in tomorrow’s Budget. Reports suggest that not only will the Chancellor offer an extension to the stamp duty holiday but also a mortgage guarantee scheme to help get more young people on the property ladder. … Read more