Britain is watching yet another crisis unfolding at the moment and this time it’s on energy bills. That may sound a tad hyperbolic but there is a very strong chance that the energy price cap – the only thing keeping a lid on household energy costs – will rocket 50 per cent in April. Analysts … Read more
Family Building Society launches best buy easy-access savings deal – will base rate rise finally start filtering through to savers? The market leading 0.72% rate is the best paying deal launched thus far in 2022 Savers need to act fast as money can only be added until 7 February Average easy-access rates only rose 0.01% … Read more
Motorists in London from today face being stung with higher fines if they break rules when driving on the city’s busiest, no-stopping, ‘Red Routes’. Transport for London has increased the maximum fine on the capital’s busiest roads from £130 to £160 – a 23 per cent hike – despite nearly two-thirds (65 per cent) of … Read more
Former executive at online luxury fashion platform Farfetch is contender to become next boss of Asos By Daily Mail City & Finance Reporter Published: 21:50 GMT, 16 January 2022 | Updated: 10:07 GMT, 17 January 2022 A former executive at Farfetch, the online luxury fashion platform, is a contender to become the next boss of … Read more
STOCKS TO WATCH: City grumbling over state of outsourcing group Capita has been growing louder of late, while Netflix proves pandemic pick It is four years since Jon Lewis was appointed to turn Capita around He has presided over a £700m cash call to investors and fire sales of assets Now, a string of senior … Read more
Travel firms braced for ‘sucker punch’ as workers at Heathrow threaten to strike during February school holidays By Alex Lawson, Financial Mail On Sunday Published: 21:50 GMT, 15 January 2022 | Updated: 14:48 GMT, 16 January 2022 Travel firms are braced for a ‘sucker punch’ as workers at Heathrow threaten to strike during next month’s … Read more
Fuelling the debate: Should investors buy into fossil fuel companies? Investors have long relied on oil, gas and mining companies to grow their wealth. These stocks tend to be among the UK stock market’s highest producers of dividend income – and this year looks set to be no exception. Yet some of these businesses are mired … Read more
Surging inflation means the outlook for savers hunting returns is bleaker than bleak. Not one savings account is currently able to keep anywhere near the pace of rising costs. People can be forgiven for losing interest and whether there is a point of tucking money away for interest paying in some circumstances 5 per cent … Read more
Newly-listed Trustpilot anticipates surpassing sales forecasts following continued boom in activity Trustpilot expects its annual recurring revenue to surge by $25m to $144m The firm raised around £473m when it debuted on the London Stock Exchange Tech firms Wise, Deliveroo and Moonpig have all listed in London in the last year By Harry Wise For … Read more
BUSINESS LIVE: FCA probes market data costs; Games Workshop beats expectations; Darktrace boosts guidance By Mike Sheen For This Is Money Published: 07:48 GMT, 11 January 2022 | Updated: 15:06 GMT, 11 January 2022 Britain’s financial watchdog is set to investigate cost and access to investment benchmarks and indices, as well as credit ratings and … Read more