Don’t be naive about Evergrande, says HSBC chief Noel Quinn: Markets will feel the force of China crisis By Calum Muirhead For The Daily Mail Published: 16:51 EDT, 23 September 2021 | Updated: 16:51 EDT, 23 September 2021 The boss of banking giant HSBC has warned that the crisis at debt-laden Chinese property developer Evergrande … Read more
Stephen Marks moves a step closer to selling his struggling fashion company French Connection after receiving a £29m takeover offer By Francesca Washtell For The Daily Mail Published: 16:54 EDT, 23 September 2021 | Updated: 16:54 EDT, 23 September 2021 Stephen Marks has moved a step closer to selling his struggling fashion company French Connection … Read more
Hull is the most affordable city for a first-time buyer with a small deposit to snap up a home, new findings have revealed. With average property prices at £121,335, a buyer with a 5 per cent deposit in Hull will need £6,066 to get onto the housing ladder, according to The Nottingham Building Society. Buyers … Read more
Used Value Car of the Year Winner: Kia Picanto (2017-present) Also consider: Hyundai i10 (2014-2020) & Volkswagen Up (2012-present) Used Small Car of the Year Winner: Skoda Fabia (2015-present) Also consider: Seat Ibiza (2017-present) & Suzuki Swift (2010-2017) Used Family Car of the Year Winner: Audi A3 (2013-2020) Also consider: Skoda Octavia (2013-2020) & Volkswagen … Read more
BUSINESS CLOSE: CBI warns of staff shortages hitting competitiveness; ‘No decision’ on break-up, says SSE; Tech sector raises £13.5bn; Home prices spike in South West; Gas crunch bites By This Is Money Published: 03:06 EDT, 20 September 2021 | Updated: 18:02 EDT, 20 September 2021 The FTSE 100 closed down 0.79 per cent, or 55.2 … Read more
Unlocking pension cash could mean missing out on benefits and other entitlements later in life, experts warn By Money Mail Reporter For The Daily Mail Published: 17:01 EDT, 21 September 2021 | Updated: 05:13 EDT, 22 September 2021 Pension savers could unwittingly cut off their entitlement to certain benefits and other financial help by releasing … Read more
Citroen’s new back-to-basics green electric city car costing around £6,000 is to be sold in the UK following ‘unprecedented’ demand for it to cross the Channel. Bosses gave the green light to the quirky two-seater Citroen Ami runaround coming here in spring 2022 after receiving more than 12,000 expressions of interest from potential British customers. … Read more
The BoE could raise interest rates earlier than expected in the face of soaring in inflation, says HSBC boss CFO Ewen Stevenson predicts the base rate could start moving from mid-2022 The raise in interest rates would be welcomed by long-suffering savers The Bank of England slashed interest rates to a record low of 0.1% … Read more
Premium Bond winner scoops £1m jackpot with one of the SMALLEST ever holdings and just a year after buying them A Premium Bond holder from Devon saw a £1,001 holding turn into £1m The winning bond was purchased in July 2020 Only 12 others have scooped the jackpot with a smaller holding By Ed Magnus … Read more
Halifax has launched the latest offensive in the mortgage price war, and is now offering a home loan with a record ultra-low rate of 0.9 per cent. The bank, which is part of the UK’s largest mortgage lender Lloyds Banking Group, has also brought out several other deals aimed at home movers with plenty of … Read more