Lord King says UK well-prepared to deal with economic impact of coronavirus pandemic

Former Bank of England boss Lord King says UK well-prepared to deal with economic impact of coronavirus pandemic after 10 years of austerity By Daily Mail City & Finance Reporter Published: 21:55 BST, 12 April 2020 | Updated: 21:55 BST, 12 April 2020 The UK is well-prepared to deal with the economic impact of the … Read more

Trump congratulates Vladimir Putin and Mohammad Bin Salman for reaching a deal to stop oil war

Donald Trump congratulates Vladimir Putin and Mohammad Bin Salman for reaching a deal to stop oil war, claiming the move will save ‘hundreds of thousands of energy jobs in U.S.’ President Trump thanked Russian President Putin and Saudi Arabian King Salman for reaching a deal to cut the production of oil The two leaders made … Read more

Mortgage prisoners may finally be able to switch to a better deal

Mortgage prisoners may finally be able to switch to a better deal after the City watchdog relaxes its rules By Sarah Davidson For Thisismoney.co.uk Published: 16:06 BST, 28 October 2019 | Updated: 16:06 BST, 28 October 2019 Mortgage prisoners locked into expensive rates have been offered a potential lifeline after the financial watchdog relaxed its … Read more

BP quits Alaska after 60 years in £4.5bn deal as it moves away from oil and gas drilling

BP quits Alaska after 60 years in £4.5bn deal as it moves away from oil and gas drilling BP is disposing of its interests in several oil fields and the Trans-Alaska pipeline to local firm Hilcorp The deal marks a major change for BP, which began working in Alaska in 1959 It also throws the jobs … Read more

Act now if your home loan deal ends in three months as getting a new deal will take longer

Act now if your home loan deal ends in three months as getting a new deal will take longer amid coronavirus crisis Up to 44% of borrowers could be missing out on big savings by failing to switch They are likely to be on their provider’s standard variable rate But it will take longer to … Read more

Oil price drops as Mexican stand-off threatens deal

Oil price drops as Mexican stand-off threatens deal led by Russia and Saudi Arabia By Daily Mail City & Finance Reporter Published: 21:51 BST, 10 April 2020 | Updated: 21:51 BST, 10 April 2020 Oil prices dropped despite Russia and Saudi Arabia edging closer to completing a landmark deal to cut global production. The pair … Read more

Oil deal led by Saudi Arabia and Russia at risk despite Trump pressure

Mexico has exited talks on a massive oil production deal involving a group of 23 countries, jeopardizing the final pact and causing the price of oil to fall drastically.  There were hopes Thursday that the end of a month-long feud between Saudi Arabia and Russia would lead to a final resolution on the 23-nation coalition which … Read more

ALEX BRUMMER: US firms not having to deal with UK bureaucracy when applying for coronavirus loans

Getting money out to small businesses is a priority for dealing with lockdown.  But it is almost two weeks since the Chancellor, Rishi Sunak, unveiled the Coronavirus Business Interruption Loan Scheme and just 2,500 loans, worth £453m, have been made.  Given there are 5.9m small and medium firms in Britain and an estimated 300,000 applications, … Read more

Instacart pairs users with shoppers in real-time to deal with demand caused by coronavirus isolation

Instacart is now pairing users with shoppers in real-time in an attempt to deal with a demand spike caused by at-home coronavirus isolation The options will look to free up delivery window times for users A ‘Fast and Flexible’ option pairs users with the next available shopper ‘Order Ahead’ lets users place their orders two … Read more

Social media giants are urged to deal with 5G conspiracy theorists

Twitter, Facebook and other social media companies are being urged by the government to deal with a spate of conspiracy theories linking 5G to coronavirus.  Ministers will meet with the companies after mobile masts in Birmingham, Merseyside and Belfast were set on fire following theories being posted online. Mobile companies described the fears 5G caused … Read more