Treasury throws a lifeline to savers facing financial difficulties due to Covid-19 by reducing exit fees By Sylvia Morris For The Daily Mail Published: 22:01 BST, 5 May 2020 | Updated: 23:35 BST, 5 May 2020 Savers facing financial difficulties due to Covid-19 have been thrown a lifeline. In a welcome move, HM Treasury has … Read more
Slowly but surely, small businesses are obtaining much-needed finance from the Government-backed Coronavirus Business Interruption Loan scheme. Yet, as Sarah Bridge reports, it hasn’t all been plain sailing. Some have accessed funds quickly while others have been left waiting anxiously. A few have thought on their feet and come up trumps as a result… We’ll … Read more
Richard Branson has touched a raw nerve with his £500million bailout request for Virgin Atlantic. He is portrayed as a tax-avoiding wastrel, living the high life in the Caribbean with a reputation for treating women carelessly. All this is true and the Virgin Money rescue of Northern Rock after the financial crisis cost the taxpayer … Read more
MasterChef winner Thomasina Miers is spinning a lot of plates. Between running her Wahaca restaurant chain in lockdown and fighting off a mild case of coronavirus, she’s become a figurehead of her industry’s last-ditch attempt to save itself from a bloodbath that could wipe out two million jobs. Tomorrow, Miers and 12 fellow chief executives … Read more
Aviva offers 90-day lifeline for car and home insurance customers struggling in the virus crisis By Money Mail Reporter For The Daily Mail Published: 22:01 BST, 14 April 2020 | Updated: 23:11 BST, 14 April 2020 Aviva will let car and home insurance customers defer premiums for up to three months Aviva will let car … Read more
Charities across Britain have welcomed the announcement by the government to create a £750million package of support to ensure they continue vital work. This week, Chancellor Rishi Sunak outlined that £360million would come direct from government departments while £370million would be dedicated to smaller charities which would be helped by a grant from the National … Read more
NHS engineer refused £250,000 lifeline from taxpayer-backed RBS: Crisis-hit firm makes vital kit for hospital beds By James Salmon for the Daily Mail Published: 21:50 BST, 9 April 2020 | Updated: 22:03 BST, 9 April 2020 Struggling: Tufnol boss Roy Thomason was turned down for an emergency loan An engineering company which makes vital components … Read more
Savers’ lifeline as Tesco mulls £550m payout: 220,000 small investors in line for dividend By Matt Oliver For The Daily Mail Published: 21:55 BST, 5 April 2020 | Updated: 22:15 BST, 5 April 2020 Tesco is expected to press ahead with a £550m dividend for shareholders this week. The supermarket giant is likely to post … Read more
Small banks hand savers a lifeline despite two quickfire base rate cuts as best buy short fixed-rate deals appear… but they may disappear fast The Bank of England has cut its base rate from 0.75% to 0.1% in eight days This has led to a fear of a raft of savings cuts and best buy … Read more