Financial misery stalks one in four households as the money problems facing millions during Covid-19 pandemic are revealed in new report Report by Financial Conduct Authority revealed extent of UK’s financial position Quarter of population would struggle with change such as £50 drop in income One in three households in the UK expect their income … Read more
Desperately worried about debt, you go online to find help. Only you are not signposted to the charities who offer free advice. Instead, you are bombarded with adverts and websites set up by insidious imposters looking to make money from your misery. They say they can write off almost all your debt in a few … Read more
Airport chiefs: We need financial support NOW as travel industry faces a deepening crisis Heathrow, Gatwick and Manchester bosses warn they are losing £50m a week The trio are calling for urgent help from the Government to avoid more job losses By Harriet Dennys For Financial Mail On Sunday Published: 22:16 GMT, 6 February 2021 | … Read more
Mortgage approvals for house purchases hit their highest level since the financial crisis last year, as the stamp duty holiday and socialising restrictions kept buyers engaged with their search for a new home. There were a total of 103,400 approvals for new mortgages in December 2020, bringing the total for 2020 up to 818,500, according … Read more
RUTH SUNDERLAND: The financial system is changing, accelerated by Covid, which has sped up dismantling of old-style banking and use of fintech The WallStreetBets is problematic for all regulators because it isn’t clear whether the mass-trading amounts to market manipulation To a young generation of day traders, anything seems possible Beneath the anarchic behaviour, WallStreetBets … Read more
City watchdogs have issued an alert about the boom in ‘clone fraud’, where scammers pass themselves off as well-known finance firms to steal cash from savers. People find it hard to tell scam investments apart from real products, because the fraudsters use sophisticated ruses to imitate legitimate financial providers. Clone scammers cheated savers out of … Read more
Most City share-tippers would be unlikely, you might think, to recommend putting your money on a chain of bricks-and-mortar video game shops. Lockdowns have ravaged the High Street, non-essential shops are closed in many countries — and electronic retailers such as Amazon dominate the online space with very competitive prices. And yet if, a few … Read more
Pregnant Bindi Irwin turns Instagram influencer as she shares a sponsored post for snack bars – after she revealed her family’s financial struggles By Marta Jary For Daily Mail Australia Published: 07:02 GMT, 25 January 2021 | Updated: 07:03 GMT, 25 January 2021 Bindi Irwin has promoted a snack bar, after revealing her family’s financial … Read more
Divorce: My abusive husband took away almost all my savings and even got me into a large debt I married more than a decade ago and my partner has been physically, verbally and financial abusive to me. He took away almost all my savings and got me into a large debt. He has been taking … Read more
Could you spot a ‘doorbuster’ in a ‘spendemic’? Those are just two of the wacky new terms it pays to get to grips with in the world of modern finance By Adam Jacot De Boinod For The Daily Mail Published: 22:01 GMT, 19 January 2021 | Updated: 22:01 GMT, 19 January 2021 As our world … Read more