China’s economy is predicted to suffer its worse crash for 60 years with a shrink of nearly 10 per cent due to the coronavirus lockdown. Compared to the previous three months, China’s economy is forecast to be almost 10 per cent down and could see a 6 per cent drop on last year. Financial data … Read more
Final salary pension pots locked as financial advisers can’t afford rising insurance costs By Miles Dilworth For The Daily Mail Published: 22:00 BST, 18 February 2020 | Updated: 15:53 BST, 19 February 2020 Savers face being locked out of their pension pots due to the rising costs of financial advice insurance. Workers can only access … Read more
Global trade heading for ‘ugly’ slump even more severe than during financial crisis as world crashes into recession By Lucy White For The Daily Mail Published: 21:55 BST, 8 April 2020 | Updated: 22:17 BST, 8 April 2020 Global trade is heading for an ‘ugly’ slump even more severe than during the financial crisis as … Read more
‘We are facing the biggest financial crash for 100 years’: Economists warn the UK economy could shrink by 7.8 per cent overall in 2020 The economy is now predicted to shrink by an astonishing 7.8 per cent overall It represents the most severe hit to livelihoods since a 13 per cent slump in 1921 An … Read more
Tony Hetherington is Financial Mail on Sunday’s ace investigator, fighting readers corners, revealing the truth that lies behind closed doors and winning victories for those who have been left out-of-pocket. Find out how to contact him below. B.N. writes: I looked for a safe investment for £20,000 and came across Wellesley & Co, which advertised … Read more
At a meeting of Premier League Shareholders today, clubs discussed in detail how to respond to the COVID-19 global pandemic. First and foremost, it was reaffirmed that the overriding priority is to aid the health and wellbeing of the nation and our communities, including players, coaches, managers, club staff and supporters. It was acknowledged that … Read more
Coronavirus is hitting our financial lives like nothing in modern history. Here, we answer some of the many questions you have raised – on everything from work to home, cars and lifestyle. We answer readers’ coronavirus-related financial questions: From work, to money and life YOUR WORK…AND YOUR RIGHTS H.A. writes: I work for a restaurant … Read more
2020 OLYMPIC GAMES The 2020 Olympic Games has been postponed until 2021 on March 24 – becoming one of the last major sporting events this summer to fall victim to the coronavirus. Japanese prime minister Shinzo Abe held a crucial conference call with Olympics chief Thomas Bach on Tuesday to formally decide a plan and … Read more
Criminals pose as health officials to trick coronavirus victims into handing over financial details Gangs will exploit the outbreak to commit fraud and steal financial information School closures will also leave children vulnerable to online predators Stretched police forces will prioritise crimes as they turn to 10,000 volunteers Coronavirus symptoms: what are they and should … Read more
How sobering to reflect that, as we enter one of the worst financial disasters this country has ever known, the two men in charge of saving the economy have been in their jobs for less than two months between them. Rishi Sunak stepped over the threshold of Number 11 in the middle of February. Andrew … Read more