moneymarkets

Mortgage fear if you had a loan ‘holiday’: Banks said credit scores would not be hit – but reject borrowers who took a break in payments Banks turning away customers who had taken payment holidays on home loans, credit cards and car finance  Business Secretary Alok Sharma said payment breaks would not affect a customer’s … Read more

Trio of Lloyds’ top bankers emerge as potential successors to outgoing boss Antonio Horta-Osorio By Helen Cahill, Financial Mail On Sunday Published: 21:53 BST, 18 July 2020 | Updated: 21:53 BST, 18 July 2020 A trio of Lloyds’ top bankers have emerged as potential successors to the outgoing boss Antonio Horta-Osorio.  Horta-Osorio is quitting the … Read more

Boohoo may be forced to shift 40% of its production overseas following slave labour allegations By Daily Mail City & Finance Reporter Published: 21:51 BST, 17 July 2020 | Updated: 22:12 BST, 17 July 2020 Boohoo could need to move as much as 40 per cent of its production overseas following allegations of slave labour … Read more

IN THE MONEY: Outgoing Post Office boss Rico Back bagged £868,000 in his last full year in charge By Daily Mail City & Finance Reporter Published: 21:51 BST, 17 July 2020 | Updated: 22:09 BST, 17 July 2020 Royal Mail’s outgoing boss Rico Back bagged £868,000 in his last full year in charge – despite … Read more

Netflix plunges on fears lockdown boost is over and people will start cancelling their subscriptions By Daily Mail City & Finance Reporter Published: 21:51 BST, 17 July 2020 | Updated: 22:08 BST, 17 July 2020 Shares in Netflix plunged after it warned the boom in subscribers from the coronavirus crisis would not last. The US … Read more

MARKET REPORT: IAG shares on the slide as British Airways puts its entire fleet of iconic 747 jumbo jets out to pasture By Francesca Washtell For The Daily Mail Published: 21:51 BST, 17 July 2020 | Updated: 21:51 BST, 17 July 2020 British Airways-owner IAG hit turbulence after the airline said it was scrapping its … Read more

Can Zoom help save John Lewis? Struggling department store chain launches virtual personal shopping service By Daily Mail City & Finance Reporter Published: 21:51 BST, 16 July 2020 | Updated: 22:02 BST, 16 July 2020 John Lewis has launched a virtual personal shopping service using Zoom after announcing eight stores will not reopen after lockdown. … Read more

Boohoo is accused of turning a blind eye to sweatshop factories despite the  issue being repeatedly raised By Tom Witherow For The Daily Mail Published: 21:50 BST, 16 July 2020 | Updated: 21:59 BST, 16 July 2020 Boohoo has been accused of ‘turning a blind eye’ to problems in its supply chain after the issue … Read more

Music investment fund Hipgnosis snaps up the rights to Lady Gaga hits Poker Face and Bad Romance By Daily Mail City & Finance Reporter Published: 21:51 BST, 16 July 2020 | Updated: 21:51 BST, 16 July 2020 A music investment fund has snapped up the rights to the Lady Gaga smash hits Poker Face and … Read more