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Kuwaitis eye a stake in Rolls-Royce as troubled engineering giant reports a record £5.4bn annual loss By Daily Mail City & Finance Reporter Published: 21:50 BST, 25 September 2020 | Updated: 21:50 BST, 25 September 2020 Kuwait’s sovereign wealth fund was last night said to be in talks about buying a stake in Rolls-Royce. The … Read more
Will the Winter Economy Plan save jobs and how does the new scheme work? The This is Money podcast By This Is Money Published: 15:51 BST, 25 September 2020 | Updated: 15:54 BST, 25 September 2020 There won’t be another budget this year. Instead, we had the Winter Economy Plan unveiled this week as fears … Read more
SMALL CAP MOVERS: Coppa Club owner Various Eateries makes AIM market debut; rivals tumble on 10pm curfew rules By Giulia Bottaro At Proactive Investors For Thisismoney.co.uk Published: 14:34 BST, 25 September 2020 | Updated: 14:34 BST, 25 September 2020 It is difficult to know whether serial entrepreneur Hugh Osmond’s timing is awful or inspired. The … Read more
More misery for savers: Marcus Bank slashes its easy-access account rate to 0.7% – blaming ‘market conditions’ Marcus has continually cut its rate for its easy-access customers The new rate of 0.7% – down from 1.05% – will come into effect on 12 October NS&I also slashed its rates earlier this week By Grace Gausden … Read more
Car factory production in the UK fell by a massive 45 per cent in August ,as weak demand for new motors during the Covid-19 pandemic continued to strangle the automotive industry. Just 51,039 new motors left UK assembly lines last month compared to 92,153 in the same month of 2019. That’s despite a predicted surge … Read more
British car maker Land Rover and US electric vehicle producer Tesla have been named the two most unreliable manufacturers in a poll of thousands of UK drivers. Land Rover, which has for years struggled with reliability issues with its big – and expensive – 4X4s, was named the least dependable brand for cars aged 0 … Read more
‘The days of interest on your current account are pretty much finished’: TSB won’t pay customers ANYTHING from December TSB’s Classic Plus account paid 5% on up to £1,500 as recently as June 2019 From December it will pay nothing as banks slash account perks It has launched a new current account and blamed record low … Read more
As many as 200,000 disabled children over the next eight years could potentially be locked out of their Child Trust Funds unless their families pay hundreds or even thousands of pounds in court fees. Campaigners, Child Trust Fund and Junior Isa providers and trade bodies are in discussions with the Government to come up with … Read more
Where’s my free Google Nest Mini? Spotify subscribers left in the dark after signing up for smart gadget giveaway Spotify was offering its Premium customers a free Google Nest Mini Weeks later and many haven’t received an email from the music giant Customers have taken to social media to complain about the lack of contact … Read more
Npower has increased off-peak night tariffs meaning some households have seen bills rise by hundreds of pounds. One customer was told her prices are changing from 1 October and from that date, her off-peak electricity will be charged at the ‘standard’ rate, meaning a potential rise of £304.87 a year. Calling the increase ‘scandalous’, Jan … Read more