eBay slashes fees to support struggling small firms during pandemic

eBay slashes fees to support struggling small firms during the pandemic By Amelia Murray For The Daily Mail Published: 22:01 BST, 31 March 2020 | Updated: 22:55 BST, 31 March 2020 EBay has slashed its fees for business sellers to support entrepreneurs struggling as a result of the pandemic.  As of last week, small firms … Read more

Shopping centre owner Intu in crisis talks as pandemic slashes rents 

Shopping centre owner Intu in crisis talks with banks and the government as pandemic slashes rents By Matt Oliver For The Daily Mail Published: 21:50 GMT, 26 March 2020 | Updated: 21:50 GMT, 26 March 2020 Intu is holding crisis talks with banks and the Government after the coronavirus crisis wiped out two thirds of … Read more

Every major UK car maker halts or slashes production  

Every major UK car maker halts or slashes production because of the coronavirus crisis By Daily Mail City & Finance Reporter Published: 21:54 GMT, 20 March 2020 | Updated: 22:29 GMT, 20 March 2020 Every major car maker in the UK has halted or slashed production because of the coronavirus crisis.  Jaguar Land Rover became … Read more

Shares and sterling rally after Bank slashes rates to record low

Shares and sterling rally after the Bank of England slashes interest rates to a record low of 0.1% By Lucy White For The Daily Mail Published: 21:50 GMT, 19 March 2020 | Updated: 22:13 GMT, 19 March 2020 Shares edged higher yesterday and sterling swung wildly after the Bank of England slashed interest rates to … Read more

Coronavirus: Bank of England slashes interest rates to just 0.1%

Bank of England slashes interest rates to just 0.1% to help boost UK economy as ministers unveil emergency laws to tackle the spread of coronavirus Bank of England’s Monetary Policy Committee had a special meeting today Committee decided to cut interest rates from 0.25 per cent to just 0.1 per cent It is second interest … Read more

Best savings rates: Ford Money slashes best buy deals

Could this huge rate chop from Ford Money signal an imminent savings bloodbath after the base rate cut? The savings bank slashed its best buy deals by 0.4 and 0.42 percentage points Its one-year fixed-rate deals were the best around and now pay less than 1% Banks have already started responding to last week’s Bank … Read more

Fed slashes interest rates to near zero due to coronavirus concerns that pose ‘risks’ to US economy

The US Federal Reserve cut interest rates for the second time in less than two weeks on Sunday in another emergency move to help shore up the US economy amid the rapidly escalating global coronavirus pandemic.  In a statement, the central bank said it was cutting rates by to a target range of 0% to … Read more

Fed slashes interest rates to near zero due to coronavirus

The US Federal Reserve cut interest rates for the second time in less than two weeks on Sunday in another emergency move to help shore up the US economy amid the rapidly escalating global coronavirus pandemic.  In a statement, the central bank said it was cutting rates by to a target range of 0% to … Read more

Tullow Oil slashes workers as it reveals oil price rout could sink it

Tullow Oil slashes workforce as it reveals recent oil price rout could sink it By Daily Mail City & Finance Reporter Published: 23:17 GMT, 12 March 2020 | Updated: 00:31 GMT, 13 March 2020 Tullow Oil’s future was in doubt last night it revealed that the recent oil price rout could sink it. The energy … Read more