Hundreds of thousands of jobs in the retail sector are at risk of being lost amid the Covid-19 crisis, the British Retail Consortium has warned. Sales at shops across Britain fell to their lowest level on record last month, with worse figures yet to come, the BRC said. With ‘non-essential’ bricks-and-mortar shops shut up and … Read more
What we think of as ‘valuable’ is changing amid coronavirus and firms will be judge on how they behaved, says former BoE governor Mark Carney He said companies would be judged by ‘what they did during the war’ This meant how they treated employees, suppliers and customers Writing in The Economist, he said the pandemic … Read more
Requests for donations towards the NHS, offers of tax refunds and coronavirus quizzes designed to harvest personal details are just some examples of the thousands of phishing attempts bombarding Britons at the moment, police revealed. Action Fraud, the UK’s fraud reporting service, said last week it had received almost 2,650 reports of coronavirus-related phishing since … Read more
Thousands of Britons have had holidays cancelled due to the coronavirus pandemic and many of those are now hoping for a cash refund. While this is possible, albeit reasonably time consuming, for travellers who booked directly with airlines, those who had made a booking with a third party operator will find they are unlikely to … Read more
Attempts to use taxpayer money to fund a new wave of business challenger banks were dealt another blow a fortnight ago as Nationwide Building Society announced it was scrapping a move into SME lending. Britain’s largest mutual is the latest to hand back money it was given to expand its business proposition after Metro Bank … Read more
Balance transfer mix-up meant my £3,500 credit card bill was ‘rejected’ but ended up on both cards… and left me charged interest I’d tried to avoid Neil Seagrave, 35, applied to make a balance transfer at the start of March He thought the money had been sent from Sainsbury’s to HSBC but it wasn’t The … Read more
I live in a small, one bedroom, second story flat in a city centre. As the weather becomes hotter, my home becomes unbearable, even with all the windows open. I am here all the time at the moment working from home due to the coronavirus lockdown and am struggling to keep it cool. What are … Read more
ASI INCOME FOCUS: The managers who hope to rebuild from wreckage of Woodford’s other fund By Toby Walne for The Mail on Sunday Published: 23:46 BST, 22 February 2020 | Updated: 13:54 BST, 24 February 2020 Investment fund ASI Income Focus reopened earlier this month from the ashes of Woodford Income Focus Fund. The firm charged … Read more
It is a canard of investing wisdom that short term stock market gyrations should not really matter. If you have invested for the long term in a way that suits your objectives and attitude to risk, just sit tight. But what is short term and long term? Five years has always been the standard stipulation … Read more
Cost of Government’s furlough scheme set to soar as two-thirds of smaller firms apply for taxpayer money to pay wages By Lucy White For The Daily Mail Published: 22:07 BST, 15 April 2020 | Updated: 22:35 BST, 15 April 2020 The cost of the Government’s furlough scheme is set to soar as two-thirds of smaller … Read more