Huge spike in oil prices lifts Shell’s profits and dividend

Shell hikes dividend payout for shareholders by 50% and returns £1.4bn in share buyback as oil prices an profits soar Oil group Royal Dutch Shell will pay 11p a share dividend to shareholders Group also announced bumper share buyback scheme this morning Firm’s share price up 4% as oil prices and group’s profits rise   By … Read more

Big banks warn workers in Sydney branches could lose one in ten jobs, as food and petrol prices rise

Big banks warn one in 10 workers will lose their jobs in Sydney’s lockdown as skyrocketing food and petrol prices add to their misery Bank analysts predict up to 300,000 jobs lost in Sydney extended lockdown ANZ’s initial predicted job loss total of 60,000 workers to be stretched further Price of food and beverages also … Read more

Petrol prices surge in Melbourne by 49c overnight after lockdown comes to an end

Petrol prices shoot up 49c overnight across Melbourne to astronomical heights just hours after Dan Andrews announced an end to lockdown Unleaded petrol prices surge 49 cents in the last 24 hours in Melbourne High prices come hours after Victorian Premier announces an end to lockdown Experts believe more service stations could continue to increase … Read more

Household bills could rise if energy prices for industry are cut

Household electricity bills will rise if Government lowers energy prices for industry, warns business secretary By Daily Mail City & Finance Reporter Published: 17:01 EDT, 20 July 2021 | Updated: 17:01 EDT, 20 July 2021 Households could see their electricity bills rise if the Government lowers energy prices for heavy industry. Business Secretary Kwasi Kwarteng … Read more

Wetherspoons boss warns its pub food prices will rise if VAT goes up 

Wetherspoons boss Tim Martin warns food prices at its pubs will rise if VAT goes up By Daily Mail City & Finance Reporter Published: 22:21 BST, 7 July 2021 | Updated: 22:21 BST, 7 July 2021 Wetherspoons boss Tim Martin said prices for pub food will rise if VAT goes up Wetherspoons boss Tim Martin … Read more

Supermarket share prices set to rocket on Morrisons bid battle

Supermarket share prices set to rocket: Morrisons bid battle to boost ‘bargain’ UK grocers By Lucy White And Mark Shapland For The Daily Mail Published: 21:53 BST, 4 July 2021 | Updated: 21:53 BST, 4 July 2021 Supermarket shares were set to rise on the London Stock Exchange today as a full-scale bidding war for … Read more

Help to Buy owners find rising house prices have bumped up their debts

Borrowers who used Help to Buy loans to purchase their homes and are now selling up are finding rising house prices have bumped up their debt and created a nice litle earner for the Government. The number of home buyers using Help to Buy Equity Loans has surged by 40 per cent in a year, … Read more

Property prices are rising at their fastest rate for 14 years

Property prices are rising at their fastest rate for 14 years as demand is fuelled by families seeking bigger homes with gardens after months stuck indoors during lockdown House prices saw their biggest percentage rise in value since 2007 in March Rapid growth is being led by regions of Yorkshire, North East and the North … Read more