moneynews

TSB is first bank to withdraw mortgage deals for customers with 15% deposit amid fears of a plunge in house prices By Helen Cahill, Financial Mail On Sunday Published: 21:53 BST, 13 June 2020 | Updated: 21:53 BST, 13 June 2020 TSB has become the first bank to withdraw mortgage deals for customers with a … Read more

Tom Ilube was in his 20s when a headhunter put him forward for a job at a big City firm. He was told the boss remarked: ‘Ilube, that’s an interesting name. Is he black?’ On hearing that he was, the boss exploded: ‘Don’t you know? We don’t employ black people.’  Thankfully, times have altered since … Read more

Ladbrokes Coral owner GVC sparks backlash after it hands top bosses share bonuses despite furloughing all 14,000 staff at its betting shops By Jamie Nimmo, Financial Mail On Sunday Published: 21:53 BST, 13 June 2020 | Updated: 21:53 BST, 13 June 2020 Ladbrokes Coral owner GVC has sparked a backlash after it handed top bosses … Read more

Advent International – the buyout firm that acquired Cobham for £4bn – eyes up £1.5bn bid for Clinigen By Ben Harrington, Financial Mail on Sunday Published: 21:51 BST, 13 June 2020 | Updated: 21:51 BST, 13 June 2020 One of Britain’s most successful pharmaceutical entrepreneurs could be in line for a windfall after it emerged … Read more

With millions of Britons stuck in their own home for months on end, it appears they have turned to purchasing high-ticket items in order to pass the time. One of the main products that has seen a huge surge in interest is hot tubs with sales seeing increases of up to a huge 1,080 per … Read more

Last year, shoppers in Britain spent more than £1billion on sustainable seafood for the first time on record. This was an increase in sales of Marine Stewardship Council fish of more than a fifth compared to 2018 and it represents nearly a third of all seafood bought. I’ve been in this boat for a while … Read more

Watchdog hits Lloyds with £64m fine after it failed to look after customers who had difficulty paying their mortgages Lloyds, Bank of Scotland and The Mortgage Business hit with £64million fine Banks failed to look after customers who had difficulty paying their mortgage Lloyds has already paid some £300million in redress to affected customers  By … Read more

Lockdown families buying online put Hornby on the right track for a happy 100th birthday By Daily Mail City & Finance Reporter Published: 21:50 BST, 10 June 2020 | Updated: 21:50 BST, 10 June 2020 Model train company Hornby is celebrating its 100th anniversary as parents and grandparents spending more time with the young in … Read more

Bank chief regrets sending his sexist emails about financier Amanda Staveley By Lucy White For The Daily Mail Published: 23:56 BST, 9 June 2020 | Updated: 23:56 BST, 9 June 2020 Court fight: Financier Amanda Stavely  The head of Britain’s biggest banking lobby group is preparing to express regret over sexist comments he made about … Read more