Struggling shopping centre group Intu Properties has warned that it is at risk of going bust if it cannot find fresh funds to prop up its finances. The ailing group, which owns the Trafford Centre in Manchester and Lakeside in Essex, slumped to a loss of over £2billion last year, up from £1.17billion the year … Read more
Savers with memories of the aftermath of the financial crisis might have felt a sense of déjà vu after the Bank of England’s emergency press conference on 11 March. But while an emergency base rate cut of half a percentage point, followed by another one eight days later which took the bank rate to its … Read more
I was due to fly to Cambodia on 3 April. I booked the trip with travel agent TravelUp and the flights are with British Airways. Due to the coronavirus, I am now longer able to travel, but BA still haven’t cancelled my flights. Last week, I attempted to contact TravelUp and BA as well as … Read more
Holidaymakers face losing thousands of pounds as travel companies become overwhelmed by the effects of the coronavirus crisis. Travellers fighting for refunds are being met with a chaotic response from airlines, hotels and tour operators. Many are being told they won’t get their money back, despite airlines cancelling flights and Government advice against all non-essential … Read more
Why it’s STILL worth saving with cash: With all savings accounts paying paltry rates, the cash Isa looks appealing again By Sylvia Morris For The Daily Mail Published: 22:31 GMT, 24 March 2020 | Updated: 23:49 GMT, 24 March 2020 Cash Isas have lost some of their sparkle after a decade of low interest rates … Read more
Stock market losses reach £793bn as US Federal Reserve pledges unlimited emergency cash By Lucy White For The Daily Mail Published: 21:50 GMT, 23 March 2020 | Updated: 22:08 GMT, 23 March 2020 More than £60billion was wiped off the stock market yesterday – taking total losses since the coronavirus pandemic hit to £793billion. On … Read more
Contactless limit raised to £45 in an effort to help customers cut down on cash usage By Daily Mail City & Finance Reporter Published: 21:51 GMT, 23 March 2020 | Updated: 21:51 GMT, 23 March 2020 Payment providers across the UK have upped their contactless payment limits to £45 Payment providers across the UK have … Read more
Tech firms cash in as office staff switch to working from home during the coronavirus pandemic By Matt Oliver For The Daily Mail Published: 21:50 GMT, 20 March 2020 | Updated: 22:28 GMT, 20 March 2020 Technology companies are cashing in as millions of office staff switch to working from home during the coronavirus pandemic. … Read more
Our savings picks: This is Money’s five favourite best buy cash Isas By Lee Boyce for Thisismoney.co.uk Published: 11:23 GMT, 17 December 2014 | Updated: 10:56 GMT, 11 February 2020 Every little helps: Savings rates might be low but at least an Isa means interest is tax-free Our assistant editor Lee Boyce picks his five … Read more
British Airways accused of ‘deliberately blocking online cash refunds for flights’ by ‘hiding’ the application form Frequent flyer website says British Airways is denying customers a legal right The issue is not arising when customers ask for refunds over the telephone An IT-savvy frequent flyer eventually found a workaround for the problem Coronavirus symptoms: what … Read more