Retirement app PensionBee successfully attains over £3bn of managed assets

PensionBee assets surpass £3bn as post IPO growth continues – but retirement app has still not achieved profitability PensionBee looked after around £1.65bn of assets when it initially listed last year The company was founded by friends Romi Savova and Jonathan Lister Parsons People can use the service to consolidate their pension plans into a single … Read more

What to do if you suffer parcel pain on Black Friday

It’s that time of the year again when millions of us go bargain hunting online.  Nine in ten people will buy Christmas gifts on Black Friday and Cyber Monday, according to Barclays research. Inevitably, this goes hand-in-hand with a sharp uptick in parcel complaints. Familiar gripes include items not arriving, turning up damaged or being … Read more

A million first-time buyers delay house purchases due to mortgage rates and cost of living

The cost-of-living crisis has forced more than a million hopeful first time buyers under 45 years old to put their plans on hold, a new survey by Aviva has found. One in five of those surveyed said that the cost-of-living crisis and inflation were making buying a house unaffordable. The survey, focused on under 45s … Read more

Kier chief slammed over 70% hike in pay

Kier chief slammed over 70% hike in pay: Half of shareholders vote against directors’ pay report, which hands Andrew Davies inflation-busting rise By Luke Barr, Financial Mail On Sunday Published: 21:50 GMT, 19 November 2022 | Updated: 11:01 GMT, 20 November 2022 Construction giant Kier has suffered a brutal investor backlash over its chief executive’s … Read more

Kingfisher takes Screwfix to France as part of Thierry Garnier’s strategy

Kingfisher takes Screwfix to France as part of chief executive Thierry Garnier’s ‘more confident’ strategy By Neil Craven, Financial Mail on Sunday Published: 21:51 GMT, 19 November 2022 | Updated: 10:59 GMT, 20 November 2022 DIY giant Kingfisher has opened its first Screwfix store in France as part of chief executive Thierry Garnier’s ‘more confident’ … Read more

HAMISH MCRAE: Too much harm, Chancellor

Too much harm, Chancellor: Jeremy Hunt has fixed the bond markets but he sure hasn’t fixed the economy, says HAMISH MCRAE By Hamish Mcrae, Financial Mail On Sunday Published: 21:51 GMT, 19 November 2022 | Updated: 10:59 GMT, 20 November 2022 Fed up: Jeremy Hunt hasn’t fixed the economy We have a right to feel … Read more

AUTUMN STATEMENT LIVE: Hunt hikes income taxes and CGT and cuts spending

AUTUMN STATEMENT LIVE: Hunt’s hikes include pulling more into 45p tax, freezing tax thresholds and lowering CGT allowance as he outines fiscal rule Jeremy Hunt expected to launch tax hikes and spending cuts across the UK ONS figures published on Wednesday showed UK inflation has reached 11.1%  By Jane Denton For Thisismoney Published: 07:39 GMT, … Read more