Every major UK car maker halts or slashes production because of the coronavirus crisis By Daily Mail City & Finance Reporter Published: 21:54 GMT, 20 March 2020 | Updated: 22:29 GMT, 20 March 2020 Every major car maker in the UK has halted or slashed production because of the coronavirus crisis. Jaguar Land Rover became … Read more
Shares and sterling rally after the Bank of England slashes interest rates to a record low of 0.1% By Lucy White For The Daily Mail Published: 21:50 GMT, 19 March 2020 | Updated: 22:13 GMT, 19 March 2020 Shares edged higher yesterday and sterling swung wildly after the Bank of England slashed interest rates to … Read more
Bank of England slashes interest rates to just 0.1% to help boost UK economy as ministers unveil emergency laws to tackle the spread of coronavirus Bank of England’s Monetary Policy Committee had a special meeting today Committee decided to cut interest rates from 0.25 per cent to just 0.1 per cent It is second interest … Read more
Could this huge rate chop from Ford Money signal an imminent savings bloodbath after the base rate cut? The savings bank slashed its best buy deals by 0.4 and 0.42 percentage points Its one-year fixed-rate deals were the best around and now pay less than 1% Banks have already started responding to last week’s Bank … Read more
Huge changes coming to Aldi as supermarket slashes hours so staff can ‘take a break’ and look after their families Aldi announces changes to its trading hours in the face of the COVID-19 crisis Stores will now operate from 9.30am until 7pm where trading restrictions allow The move is an effort to help staff care … Read more
The US Federal Reserve cut interest rates for the second time in less than two weeks on Sunday in another emergency move to help shore up the US economy amid the rapidly escalating global coronavirus pandemic. In a statement, the central bank said it was cutting rates to a target range of 0% to 0.25%. … Read more
The US Federal Reserve cut interest rates for the second time in less than two weeks on Sunday in another emergency move to help shore up the US economy amid the rapidly escalating global coronavirus pandemic. In a statement, the central bank said it was cutting rates by to a target range of 0% to … Read more
Tullow Oil slashes workforce as it reveals recent oil price rout could sink it By Daily Mail City & Finance Reporter Published: 23:17 GMT, 12 March 2020 | Updated: 23:17 GMT, 12 March 2020 Tullow Oil’s future was in doubt last night it revealed that the recent oil price rout could sink it. The energy … Read more
The government has cut the financial incentive for buyers of electric cars – and removed it entirely for buyers of expensive models, it has been confirmed. The Chancellor’s Budget document states that the Plug-In Car Grant has been extended for a further three years to 2023. However, the value of the grant has been reduced … Read more
Bank of England makes emergency cut in interest rate from 0.75% to 0.25% ahead of Chancellor Rishi Sunak’s budget to battle coronavirus today By Mark Duell for MailOnline Published: 07:11 GMT, 11 March 2020 | Updated: 07:22 GMT, 11 March 2020 The Bank of England has cut the main interest rate to 0.25 per cent … Read more