BUSINESS LIVE: HSBC profits plunge; Hammerson in sale talks; Purplebricks reports revenue slide

BUSINESS LIVE: HSBC profits plunge; Hammerson in sale talks; Purplebricks reports revenue slide By This Is Money Published: 08:04 BST, 3 August 2020 | Updated: 08:09 BST, 3 August 2020    HSBC has reported a 65 per cent drop in pre-tax profit in the first half of the year as the UK’s largest bank was … Read more

Girl, 6, describes ‘seeing fish’ after 100ft waterfall plunge

Girl, six, who plunged more than 100ft down a waterfall describes how she ‘sunk to the bottom and saw a fish’ in a terrifying ordeal Phoebe washed over the top of Ceunant Mawr waterfall near Llanberis, Wales She miraculously escaped with only a few cuts and bruises after her horror fall  Schoolgirl said she was … Read more

Melrose shares plunge as coronavirus lays waste to GKN

Boss claims takeover WILL come good, but Melrose shares plunge as coronavirus lays waste to GKN  Critics of Melrose, and the men who run it, will seize on this as evidence of a well-deserved nemesis  Chief executive Simon Peckham insists the deal will pay off in the end By Ruth Sunderland for the Daily Mail … Read more

Bella Italia andCafé Rouge plunge into administration with the loss of 1,900 jobs 

The owner of Bella Italia and Café Rouge today plunged into administration with more than 1,900 jobs set to be axed. The Casual Dining Group, which also owns Las Iguanas, said it would close 91 of its 250 restaurants, but confirmed it has saved others for now. Most of the closures affect Bella Italia and … Read more

Retailers post ‘steep drop’ in sales as they plunge by 37% in the year to June

Retailers post ‘steep drop’ in sales as they plunge by 37% in the year to June amid coronavirus lockdown while growth in internet purchases rose at fastest rate since 2018 Non-essential shops have now been given the green light to cautiously reopen  But retailers remain pessimistic after reporting a 37 per cent slump for June … Read more

Savings rates plunge to lowest level on record

Savings rates plunge to lowest level on record during coronavirus crisis with the average account paying just 0.27% By Daily Mail City & Finance Reporter Published: 22:21 BST, 15 June 2020 | Updated: 22:21 BST, 15 June 2020 Savings rates have plunged to the lowest level on record during the Covid-19 crisis with the average … Read more

Savers abandon cash Isas as interest rates plunge 

Savers abandon cash Isas as interest rates plunge and pour money into easy-access accounts By Sylvia Morris For The Daily Mail Published: 22:03 BST, 9 June 2020 | Updated: 22:03 BST, 9 June 2020 Savers are fleeing cash Isas and pouring money into easy-access accounts instead. Around £1 billion was withdrawn from cash Isas between … Read more