DFS Furniture plans to tap shareholders for cash to get it through extended coronavirus lockdown

DFS enjoys a sales rise thanks to people seeking to spruce up their living rooms during lockdown as the sofa retailer lines up fresh finance DFS  considering issuing new shares worth just under 20% of its existing capital It said it is also close to secure an additional £60-£70million from its banks  Online sales up more … Read more

Credit card approvals will fall and interest-free terms will shrink

Banks will increasingly tighten lending criteria over the next three months, approvals for credit cards and loans will fall and interest-free term lengths will shrink, banking giants and building societies predict. The Bank of England’s latest credit conditions survey revealed lenders by a large margin believe the availability of unsecured credit for households will decrease … Read more

Should you consider a direct cremation? It is the cheapest type of funeral

Coronavirus lockdown rules for funerals are expected to prompt a rise in direct cremations, which take place without a service. No frills cremations cost around £1,600 on average, and ashes are returned to a family afterwards, allowing them to organise their own personal memorial for a loved one at a time of their choosing. The … Read more

British households will have £43bn less to spend on essentials in second quarter

British households will have £43bn less to spend on essentials in second quarter of this year as coronavirus pandemic squeezes family finances By Daily Mail City & Finance Reporter Published: 00:01 BST, 20 April 2020 | Updated: 00:01 BST, 20 April 2020 British households will have £43 billion less to spend on essentials in the … Read more

Experts warn urgent stimulus from Government needed to ward off collapse in UK’s housing market

Experts warn urgent stimulus from Government needed to ward off collapse in UK’s housing market By Daily Mail City & Finance Reporter Published: 00:01 BST, 20 April 2020 | Updated: 00:01 BST, 20 April 2020 Urgent stimulus from the Government is needed to ward off a collapse in the UK’s housing market, experts have warned.  … Read more

RUTH SUNDERLAND: West’s great China dilemma

RUTH SUNDERLAND: When the Berlin Wall fell, many assumed western liberal democracy had beaten communism – they reckoned without the rise of China By Ruth Sunderland for the Daily Mail Published: 21:55 BST, 19 April 2020 | Updated: 22:00 BST, 19 April 2020 The Chinese economy is suffering badly from coronavirus and a draconian lockdown, … Read more