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Hopes of a V-shaped recovery as factories lead Britain’s recovery from the Covid-19 pandemic By Daily Mail City & Finance Reporter Published: 21:50 BST, 1 July 2020 | Updated: 21:50 BST, 1 July 2020 Leading the recovery: Workers at the HL Display factory in Harlow make protective screens for supermarkets Manufacturers are leading Britain’s rebound from … Read more
Shares in train station and airport cafe operator SSP came under pressure as it became the latest company to lay off workers because of the plunge in travel. The Upper Crust-owner warned investors it could axe up to 5,000 jobs from its head office and UK outlets as commuters stay home, socialising remains limited and … Read more
After the 2008 financial crisis, the strength of Britain’s jobs market consistently confounded the forecasters. In spite of below-trend output, employment climbed and the jobless rate dropped below 4 per cent. Covid-19 looks to have changed that. Each day the country wakes to a long list of companies shedding staff. John Lewis and Harrods are … Read more
Bentley’s best-selling Bentayga luxury 4X4 has been given a significant make-over and upgrade to make it look and feel even more dynamic following feedback from its wealthy customers. Priced from £146,700 – an increase of £7,100 – first deliveries are from July. Bentley bosses have given the revamped Bentayga a more ‘dynamic’ fresh look front … Read more
The city regulator today effectively gave the green light to banks to reintroduce overdraft rates of nearly 40 per cent within weeks, despite the coronavirus pandemic potentially leaving millions struggling financially. The Financial Conduct Authority announced it would not launch an investigation into overdraft changes announced by banks, nor would it require lenders to continue … Read more
Volvo recalls 170,000 UK cars due to ‘extremely rare’ seatbelt fault By Rob Hull For Thisismoney.co.uk Published: 10:31 BST, 1 July 2020 | Updated: 13:00 BST, 1 July 2020 Volvo Cars has confirmed it is recalling 2.2 million vehicles worldwide due to an ‘extremely rare’ seatbelt safety issue, which impacts almost 170,000 UK cars. The … Read more
Now that’s a lockdown investment! Saver scoops £1m Premium Bond jackpot with May purchase as £4.5bn worth are snapped up in three months The Tyne and Wear saver secured a 4,900% return on a £20,000 punt in May It was the first draw their investment was eligible to win prizes in Figures from NS&I suggest … Read more
Sir Jim Ratcliffe has proved that a British billionaire can bring an all-new car to market, today launching his ‘back to basics’ Ineos Grenadier – a rugged, hard-working and utilitarian 4X4 machine. The Grenadier, named after a pub in Knightsbridge, is expected to cost from between £30,000 and £45,000 and will go into full production … Read more
Sir Jim Ratcliffe has proved that a British billionaire can bring an all-new car to market, today launching his ‘back to basics’ Ineos Grenadier – a rugged, hard-working and utilitarian 4X4 machine. The Grenadier, named after the multinational chemical company owner’s favourite pub in Knightsbridge, is expected to cost from between £30,000 and £45,000 and … Read more
War has been declared on polluting petrol and diesel vehicles, and motorists can expect to pay more and more to keep driving them. So is it time to turn your back on fossil fuel? How much do electric cars cost to run, and could you really run out of power on the motorway? Money Mail … Read more