Taxpayers’ cash designed to keep hard-pressed businesses afloat during the coronavirus pandemic is being used by some company bosses to buy themselves luxury supercars, claim motor-trade experts and dealers. Supercar dealers across the UK say their business has boomed since the government began handing out the ‘Boucne Back Loans to company owners, according to reports … Read more
No one could doubt that the world now is a very different place to the world as it seemed at the beginning of this year. Coronavirus has come and wreaked havoc on the health and wellbeing of millions around the world, and disrupted markets and income streams everywhere. In one or two serendipitous cases however, … Read more
What next for shares after the post-crash bounce? By This Is Money Published: 17:09 BST, 8 June 2020 | Updated: 17:09 BST, 8 June 2020 The stock market in the UK has bounced substantially since late March and shares in the US have soared even more, but how long can this last? On this episode … Read more
Britain’s investors poured £4.1billion back into investment funds in April after a torrid March saw them pull money out in the coronavirus crash. Investment Association figures showed that a quarter of April’s uptick was thanks to a significant flow of money into responsible investing funds – a theme that has been under the spotlight in … Read more
Let’s say hurrah for £5,000 handbags, handmade Swiss watches and trainers at £630 a pair. Demand for luxury goods was merely put on pause by the pandemic, and has now been rekindled. Or so you would conclude from the rebound in the share prices of companies that make and sell these and other objects of … Read more
‘Spring bounce’ for the property market fails to materialise as official data shows house price stagnation continues House prices grew on average by £3,000 to £227,000 in March this year Transaction volumes remain stagnant in the face of ongoing Brexit uncertainty London sees house prices fall, pulling down national average By Will Kirkman For Thisismoney.co.uk … Read more
Struggling small firms land £8.4bn of Bounce Back loans since it launched on May 4 By Lucy White For The Daily Mail Published: 23:37 BST, 12 May 2020 | Updated: 00:23 BST, 13 May 2020 Britain’s banks have now lent more than £8billion to keep the country’s smallest businesses afloat during the pandemic. In the … Read more
The day Britain’s lockdown was announced, a message pinged on my phone with a rhetorical question: ‘Is 5,000 some form of chart point?’ That text, on 23 March, referred to the FTSE 100 having closed below that waterline at 4,993.9 – down 35 per cent on its peak of 7,675. Things were looking about as … Read more
We publish our podcast every Friday to the player on This is Money, above, and on Apple Podcasts (iTunes) and on the podcast platforms Audioboom and Acast, both of which allow you to listen on desktop, mobile, or download an app. We also now publish to Spotify. To download the Apple Podcasts app if you … Read more
Property market to bounce back in 2020 as shape of Brexit becomes clearer, industry bosses predict By Daily Mail City & Finance Reporter Published: 21:50 BST, 13 January 2020 | Updated: 21:50 BST, 13 January 2020 Property bosses have predicted the market will bounce back this year as the shape of Britain’s exit from the … Read more