Investors trying to cash-in on the stock market slump during lockdown trigger a bumper rise in AJ Bell’s customer base as it rakes in 45% extra from trading fees AJ Bell’s customer numbers rose by over 30,000 in past six months Group’s revenue up over 20%, while cash from fees jumps sharply Shell, Lloyds and … Read more
A private school which collapsed into administration in the coronavirus crisis has demanded parents pay for summer term – or forfeit their children’s GCSE results. HawleyHurst school in Hampshire gave parents and staff two hours notice when it closed at the end of March. Owned by the millionaire founder of The Eden Project, Sir Tim … Read more
Desperate travel firms are attempting to claw money back from holidaymakers by charging ‘monstrous’ cancellation fees. Others are claiming their small print means part of the holiday is ‘non-refundable’, even when the customer is entitled to a full refund by law. Last week Money Mail exposed how airlines and travel agents are using underhand tactics … Read more
Students will still have to pay full tuition fees even if classes are taught online and universities remain closed, it has been revealed. Higher Education institutions are facing a funding crisis after a predicted large fall in the numbers of students from overseas taking up places in the coming academic year, as reported by The … Read more
Channel 4 ‘set to slash celebrity guest fees and introduce a £2,000 pay cap in a bid to save money’ amid the coronavirus pandemic By Niomi Harris For Mailonline Published: 01:44 BST, 2 May 2020 | Updated: 01:47 BST, 2 May 2020 Channel 4 are reportedly planning to slash the appearance fees paid to celebrity … Read more
FCA launches probe as lenders are accused of cashing in on Covid-19 by fee-gouging to exploit desperate firms By James Salmon for the Daily Mail Published: 23:40 BST, 28 April 2020 | Updated: 23:40 BST, 28 April 2020 Leading banks are being investigated by the City watchdog amid concerns that they have been exploiting firms … Read more
Banks have been trying to squeeze extra fees out of businesses in return for helping them through the coronavirus crisis, Britain’s banking regulator revealed today. The Financial Conduct Authority (FCA) has written to lenders warning them not to mistreat their customers after learning some were demanding cash for no actual work. Most British banks have already been … Read more
Edward Bramson’s stalking of Barclays bank reaps him £7m in fees since securing support from investors Bramson is trying for a place on Barclays’ board at its shareholder meeting He helped build a 5.5% stake in the bank with backing from major institutions Bramson will earn a hefty fee from the vehicle he set up to … Read more
Take out loan to avoid 50% overdraft fees, says City watchdog as it admits changes will leave three in ten bank customers worse off By Hugo Duncan and Amelia Murray For The Daily Mail Published: 21:50 BST, 24 January 2020 | Updated: 10:35 BST, 27 January 2020 Families are being advised to take out loans … Read more
Formula One may have to return around £200m in fees after races were called off due to the coronavirus crisis By Christian Sylt For The Daily Mail Published: 21:55 BST, 5 April 2020 | Updated: 21:55 BST, 5 April 2020 Formula One may have to return around £200m in fees after races were called off … Read more