Fears of a ‘jobs tsunami’ as new figures reveal a QUARTER of all pubs, clubs and restaurants have never reopened after shutting down at start of coronavirus pandemic One in four pubs, restaurants, bars and clubs closed amid coronavirus pandemic The figure represents number of outlets that have not re-opened since March Situation is also … Read more
The thousands of savers who entrusted almost £120million of their money to Wellesley Finance could hardly fail to have been impressed by the lineage of its founder, the 8th Earl Cowley, an aristocrat descended from the Duke of Wellington’s brother. But while Graham Wellesley has his illustrious name and his wealth, some of the investors … Read more
LVMH brands Tiffany ‘dismal’ in bid row: French Luxury giant launches lawsuit against American jeweller By Tom Witherow For The Daily Mail Published: 21:54 BST, 29 September 2020 | Updated: 23:09 BST, 29 September 2020 LVMH has claimed Tiffany & Co’s ‘catastrophic’ performance and ‘dismal’ prospects are to blame for the possible collapse of a … Read more
Plumbing giant Ferguson has brought back its dividend after a stronger than expected recovery from the coronavirus crisis. The FTSE 100 firm, formerly known as Wolseley, said a surge in demand for home improvements and cost-cutting measures helped to cushion the pandemic’s blow, giving it confidence to restore its investor payout. Ferguson shelved the divi … Read more
ALEX BRUMMER: A takeover by Royal London makes more sense for LV than selling to a private equity firm By Alex Brummer for the Daily Mail Published: 21:52 BST, 29 September 2020 | Updated: 23:09 BST, 29 September 2020 Britain’s mutual financial groups are a much denuded sector. The board of LV, the former Liverpool … Read more
A Done deal? Brothers seek to buy William Hill shops if £3bn US takeover goes ahead By Matt Oliver For The Daily Mail Published: 21:51 BST, 29 September 2020 | Updated: 23:09 BST, 29 September 2020 Two brothers set to cash in from the £3billion sale of William Hill may also swoop on its British … Read more
Surge in student ‘money mules’: Criminals using social media to hire under 21s for dirty money transfers By Miles Dilworth For The Daily Mail Published: 22:05 BST, 29 September 2020 | Updated: 23:07 BST, 29 September 2020 Criminals are using social media to hire university students as ‘money mules’ The number of youngsters being recruited … Read more
Money Mail has repeatedly raised the alarm about the hard-sell pressure tactics used by funeral firms to exploit grieving families. The competition watchdog was so concerned, it launched a review of the £2 billion-a-year sector in 2018 and, only last month, ordered firms to be more transparent. Yet an undercover investigation by the Telegraph has … Read more
Back in December, when most of us had never heard of coronavirus, our existing mortgage deal expired and it was time to find a new one. At the time, the Bank of England base rate — on which interest charges are based — had been steady at 0.75 per cent for over a year, having … Read more
Rate cuts come thick and fast after brutal NS&I blow: Goldman Sachs Marcus and TSB axe top deals By Amelia Murray For The Daily Mail Published: 22:00 BST, 29 September 2020 | Updated: 23:05 BST, 29 September 2020 NS&I has announced savage cuts to its Income Bonds, Direct Saver and Direct Isa deals due in … Read more