Mortgage holidays are ending soon but banks will still offer support to the most vulnerable

Mortgage lenders will continue to offer mortgage payment holidays to some financially vulnerable customers after the government scheme ends, the City watchdog has confirmed. While the scheme officially ends at the end of next month, the Financial Conduct Authority said that banks and building societies can continue to offer payment holidays for borrowers who need … Read more

Retail sales rise for fourth month as economy shows signs of recovery

Retail sales rise for fourth month as economy shows signs of a post-lockdown recovery By Daily Mail City & Finance Reporter Published: 21:51 BST, 18 September 2020 | Updated: 22:06 BST, 18 September 2020 Households continued to splash out last month as the economy showed signs of recovery after lockdown. Retail sales rose by 0.8 … Read more

Shares tank on fears of another lockdown within weeks

Shares in companies that would suffer in a second lockdown plunged as ministers warned ‘circuit-break’ restrictions could come into force within weeks. Firms in every corner of the economy were hit by the warnings with airlines, engineering groups and banks leading the fallers. Prime Minister Boris Johnson said the UK was ‘seeing the start of … Read more

TRUST WATCH: Montanaro UK Smaller Companies Trust

MONTANARO UK SMALLER COMPANIES: Industrials-focused fund aims for growth over income By Daily Mail City & Finance Reporter Published: 21:53 BST, 18 September 2020 | Updated: 21:53 BST, 18 September 2020 What is it? The Montanaro UK Smaller Companies Trust invests in small firms listed on the London Stock Exchange and the junior market AIM.  … Read more

PUNT OF THE WEEK: GoCo is behind the Gocompare price comparison

PUNT OF THE WEEK: GoCo is behind the Gocompare price comparison and other money-saving websites By Daily Mail City & Finance Reporter Published: 21:51 BST, 18 September 2020 | Updated: 21:51 BST, 18 September 2020 What is it? The company behind the Gocompare insurance price and comparison website – and its well-known opera-singing adverts. Listed … Read more

DIRECTOR DEALS: Rightmove boss sells £1.1m of company shares 

DIRECTOR DEALS: Rightmove boss Peter Brooks-Johnson sells £1.1m of company shares  By Daily Mail City & Finance Reporter Published: 21:51 BST, 18 September 2020 | Updated: 21:51 BST, 18 September 2020 Rightmove boss Peter Brooks-Johnson sold £1.1million of shares in the FTSE 100-listed property site group. Brooks-Johnson exercised the rights to more than 171,000 shares this … Read more

Nvidia boss promises guarantees on jobs if Arm takeover is approved 

Nvidia boss promises ‘legally binding’ guarantees on jobs if takeover of British rival Arm is approved By Daily Mail City & Finance Reporter Published: 21:51 BST, 18 September 2020 | Updated: 21:51 BST, 18 September 2020 Nvidia’s boss Jensen Huang has promised to give ‘legally binding’ guarantees on jobs Nvidia’s boss has promised to give ‘legally … Read more