Households that have prepayment meters are paying over the odds for their energy supply to the tune of nearly half a billion pounds a year, new data claims. More than four million prepayment meter customers are overpaying on their energy bills by an average of £94 a year each, when compared to those with a … Read more
‘Be greedy when others are fearful’. There can’t be many investors who don’t know that famous Warren Buffett quote, but the proportion that pay heed to it when the bad times come knocking is probably fairly low. For some time I’ve said that the next time markets fell 30 per cent, I’d be buying as … Read more
Numismatists who snaffled the Kew Gardens 50p when it was released into circulation in 2009 and still hold onto it now could have seen the value of that ‘investment’ skyrocket over the last decade. The coin became catnip for collectors ever since the Royal Mint revealed in 2014 that it was the rarest 50p coin … Read more
Ocado taps investors for £1bn to add firepower amid boom in demand during the virus crisis By Matt Oliver For The Daily Mail Published: 21:50 BST, 10 June 2020 | Updated: 21:50 BST, 10 June 2020 Online supermarket Ocado last night launched a £1billion fundraising. The company said it planned to raise £657million through a … Read more
ALEX BRUMMER: Business Bank must get smart if taxpayer is not to be short-changed as we recover from the pandemic By Alex Brummer for the Daily Mail Published: 21:50 BST, 10 June 2020 | Updated: 21:50 BST, 10 June 2020 The British Business Bank (BBB) has had to grow up very fast in the pandemic. … Read more
Lockdown families buying online put Hornby on the right track for a happy 100th birthday By Daily Mail City & Finance Reporter Published: 21:50 BST, 10 June 2020 | Updated: 21:50 BST, 10 June 2020 Model train company Hornby is celebrating its 100th anniversary as parents and grandparents spending more time with the young in … Read more
MARKET REPORT: West End landlord Shaftesbury rocked as coronavirus crisis crunches property values by £300m By Matt Oliver For The Daily Mail Published: 21:51 BST, 10 June 2020 | Updated: 21:51 BST, 10 June 2020 Shares in Shaftesbury tumbled after the West End landlord reported a £287million loss. The firm’s dive into the red during … Read more
The economy has started to recover from the depths that it plumbed during the lockdown. But according to the Organisation for Economic Cooperation and Development, Britain still faces the deepest recession in the developed world this year. And it looks likely that, after a bounce as restrictions are eased, we may then be stuck for … Read more
HSBC should stop kowtowing to China: US Secretary of State joins British politicians in criticising bank for its stance on Hong Kong By Lucy White For The Daily Mail Published: 21:50 BST, 10 June 2020 | Updated: 22:02 BST, 10 June 2020 A top US official has blasted HSBC for its ‘corporate kowtows’ to Beijing. … Read more
Unite union battles British Airways owner over its £890bn bid for Spanish airline Air Europa By James Salmon for the Daily Mail Published: 21:51 BST, 10 June 2020 | Updated: 21:51 BST, 10 June 2020 The owner of British Airways has been referred by trade union leaders to the European competition watchdog over its 1bn … Read more