Pall Mall club gets taxpayers’ cash to furlough staff until March despite £3.5 million in reserves

Pall Mall club gets taxpayers’ cash to furlough its staff until March despite £3.5 million in reserves The Oxford and Cambridge Club in Pall Mall used furlough money to pay staff Accused of ‘milking’ the taxpayer by continuing to charge full fees while closed Wealthy members offered set up fund to help pay staff, but … Read more

Cornish village could become richest square mile on Earth after discovery of huge copper reserves

A tiny parish in Cornwall could become the most valuable place on Earth thanks to the discovery of huge copper reserves, experts said today. The village of Gwennap covers just a square mile but drilling tests have revealed it is home to fresh reserves of copper-tin mineralisation. During the 18th and early 19th centuries the … Read more

Why did the Federal Reserve’s ‘big bazooka’ misfire today? Panic and fear still hold sway

Why did the Fed’s ‘big bazooka’ misfire? Panic and fear still hold sway but central banks are showing they’ll do whatever it takes to steady the ship By Alex Sebastian For This Is Money Published: 15:25 GMT, 16 March 2020 | Updated: 15:25 GMT, 16 March 2020 Stock markets took yet another big dive today … Read more