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NatWest’s online banking system is back up and running after customers were left unable to access their accounts during an outage that lasted for almost two hours. According to Down Detector, which monitors website outages, hundreds of users began experiencing issues from around 12:30 BST. NatWest said the problem was resolved at about 14:30 BST … Read more
The new renewable energy investment trust that is raising £150m to become the first fund backing onsite solar power generation ROOF will primarily invest in behind-the-meter solar PV generation systems Targets initial annual dividend of 5p per share with annual total return of 8-10% Chaired by Good Energy founder and externally managed by Atrato By … Read more
Average house price soars by £50k in five years as pandemic property craze sets coastal locations buzzing The average price of a home has risen £49,257 in the five years to July this year The total value of homes is up 20% in the past five years to £9.2trillion The total value of housing in … Read more
Charging station maker Pod Point’s London float to boost the electric car revolution By Mark Shapland For The Daily Mail Published: 16:52 EDT, 11 October 2021 | Updated: 16:55 EDT, 11 October 2021 Investors will be given the chance to back the electric vehicle revolution after Pod Point announced plans to float in London. The … Read more
‘We are already running on borrowed time’: Ex-Tory deputy PM Lord Heseltine says UK economy is facing a ‘very nasty situation’ this winter as he accuses ministers of ‘lurching from crisis to crisis’ Lord Heseltine said that if he was Chancellor he would be ‘extremely worried’ Former deputy PM said crises for industry are likely … Read more
Bank of England’s chief economist warns the ‘magnitude and duration’ of the UK’s inflation spike is ‘proving greater than expected’ amid fears of runaway price increases Bank of England’s new chief economist has issued an inflation warning to MPs Huw Pill said ‘magnitude and duration’ of spike is ‘proving greater than expected’ But Mr Pill … Read more
Energy crisis takes toll on struggling steel firms with power prices four times higher than average By Francesca Washtell For The Daily Mail Published: 17:02 EDT, 30 September 2021 | Updated: 17:30 EDT, 30 September 2021 Spiralling energy prices have plunged the steel industry deeper into crisis. Companies are battling to stay afloat as they … Read more
City broker Peel Hunt adds £7m to its value after successful debut on the Aim market By Daily Mail City & Finance Reporter Published: 16:57 EDT, 29 September 2021 | Updated: 16:59 EDT, 29 September 2021 Directors at City broker Peel Hunt pocketed £26.4m from selling shares in the float Peel Hunt directors saw their fortunes … Read more
Pound slumps to lowest level against the dollar this year as stagflation fears stalk the UK By Lucy White For The Daily Mail Published: 16:57 EDT, 29 September 2021 | Updated: 16:59 EDT, 29 September 2021 Sterling sank to its lowest level against the dollar this year amid fears that Britain faces a nasty bout … Read more
Three more energy suppliers have today confirmed they have gone bust amid record high gas prices, UK energy watchdog Ofgem has announced. Energy suppliers Enstroga, Igloo Energy and Symbio Energy – who collectively provide services for more than 230,000 people – confirmed the news via the national regulator this afternoon. Enstroga counts 6,000 people among … Read more