MARKET REPORT: Bank of England’s £100bn boost doesn’t excite investors

MARKET REPORT: Bank of England’s £100bn cash injection fails to excite investors, with the FTSE 100 shedding 0.5% By Francesca Washtell For The Daily Mail Published: 21:51 BST, 18 June 2020 | Updated: 21:51 BST, 18 June 2020 London shares sagged after the Bank of England disappointed investors with its latest stimulus plan. The Old … Read more

Bounce Back Loans ‘being splashed on supercars’, insiders claim

Taxpayers’ cash designed to keep hard-pressed businesses afloat during the coronavirus pandemic is being used by some company bosses to buy themselves luxury supercars, claim motor-trade experts and dealers. Supercar dealers across the UK say their business has boomed since the government began handing out the ‘Boucne Back Loans to company owners, according to reports … Read more

Hot tub scams: Watch out for dodgy listings and payment requests

Hot tub crime machine: Scams rocket 400% as crooks take advantage of sunshine-fuelled lockdown buying spree Hot tub sales have surged since the lockdown as Britons splash out on luxuries NatWest said purchase scams went up five-fold between April and May Hot tubs involved in third-most purchase scams after Nintendo Switch and pets Nearly £7.1m … Read more

FCA bans promotion of mini-bonds for good

City watchdog bans promotion of speculative mini-bonds for good, amid fears investors don’t grasp the risks Mass-marketing of mini-bonds first banned in January, ahead of Isa season They involve buying company debt for a set period in exchange for interest Watchdogs fear investors don’t understand the risks and can’t afford the potential losses they face … Read more

Hot tub scams: Watch out for dodgy listings and payment requests

Hot tub crime machine: Purchase scams involving plug-in pools up 400% as crooks take advantage of sunshine loving Britons Hot tub sales have surged since the lockdown as Britons splash out on luxuries NatWest said purchase scams went up five-fold between April and May Hot tubs involved in third-most purchase scams after Nintendo Switch and … Read more