Italy’s PM resigns as coalition allies withdraw support over Covid

Italy’s PM Giuseppe Conte quits after coalition allies withdraw support over his handling of coronavirus Conte, 56, arrived at the presidential palace to hand in resignation around noon  He is hoping to gain President Sergio Mattarella’s backing to form new cabinet Conte’s coalition government was thrown into chaos earlier this month Junior party led by … Read more

Indian ministry calls on WhatsApp to withdraw updated privacy policy

We’ve seen users complain about WhatsApp’s new privacy policy and we’ve even seen some ditch the messaging app and move to rivals Signal and Telegram. And now we’re hearing from a ministry from one of their biggest markets, asking them to reconsider implementing the policy. India’s Ministry of Electronics and Information Technology (MeitY) has sent … Read more

ATM usage slumps after Britons rush to withdraw cash before lockdown

There was a sharp rise in people taking out money from cash machines in the days before England’s second lockdown but withdrawals have slumped since last Thursday, as footfall collapsed after the country was again told to stay at home. The amount of cash withdrawn between Friday and Sunday last weekend, the first one of … Read more

Monzo will charge customers to withdraw more than £250 from ATMs

Monzo is set to become the first major UK bank to charge its customers to make withdrawals from an ATM, amid fears Britain is increasingly going cashless. The smartphone bank said today it would charge customers a 3 per cent fee if they withdrew more than £250 from UK and European ATMs over a 30-day … Read more

Oregon governor says federal agents to withdraw from Portland

President Donald Trump claimed Wednesday afternoon that Portland would have ‘burned to the ground’ a week ago if federal agents had not been sent in President Donald Trump claimed Wednesday afternoon that Portland would have ‘burned to the ground’ a week ago if federal agents had not been sent in and warned Oregon’s governor that … Read more

I’m worried about my job – can my lender withdraw my mortgage offer?

We’ve exchanged contracts on a property but I’m worried about job security – can the lender withdraw its mortgage offer? By Will Kirkman For Thisismoney.co.uk Published: 07:43 BST, 28 May 2020 | Updated: 07:43 BST, 28 May 2020  We’ve exchanged contracts on a property but I’m worried about my job. I haven’t been furloughed, but … Read more

First-time buyers face mortgage crisis as firms withdraw or lower offers fearing house price crash 

First-time buyers looking to get on the property ladder following the coronavirus crisis may face a £12,000 gap in their finances as banks offer only high-deposit mortgages.  The Government reopened the housing market last week after it was effectively shut down in March in response to the COVID-19 pandemic.  But because of fears of a … Read more

First-time buyers face mortgage crisis as firms withdraw or lower offers fearing house price crash 

First-time buyers looking to get on the property ladder following the coronavirus crisis may face a £12,000 gap in their finances as banks offer only high-deposit mortgages.  The Government reopened the housing market last week after it was effectively shut down in March in response to the COVID-19 pandemic.  But because of fears of a … Read more

Care homes face cash crisis as scared families ‘inundate’ staff with requests to withdraw relatives

The care sector could be plunged into financial crisis as fearful families choose not to put their loved ones in homes, experts warned last night. Resident numbers could plummet by as much as ten per cent as a result of deaths from coronavirus, as well as fears about going into care. This would leave more … Read more

Banks withdraw savings accounts after base rate is cut to record low

Banks withdraw savings accounts after base rate is slashed to a joint record low of 0.25% By Fiona Parker For The Daily Mail Published: 21:51 GMT, 13 March 2020 | Updated: 09:18 GMT, 14 March 2020 Banks and building societies have rushed to pull more than 25 savings accounts, dealing another blow to long-suffering savers. … Read more