Depop bosses to cash in on takeover by US giant Etsy

£1.2bn! Not bad for a second-hand clothes app: Depop bosses to cash in on takeover by US giant Etsy Simon Beckerman, a 47-year-old British-Italian entrepreneur, who was born in Milan and lives in London, founded Depop in 2011  Beckerman is likely to net a tidy profit along with chief executive Maria Raga, other senior employees and … Read more

Could Premium Bonds be cut? £20bn has been poured in over the last year

Britons with more money to save over the last 12 months have piled £20billion into Premium Bonds since the first full month of lockdown last year, new figures from National Savings & Investments revealed today. The latest prize draw results from the Treasury-backed bank said there were 109.2billion eligible bonds in this month’s draw, which … Read more

Could Premium Bonds be cut? £20bn has been poured in over the last year

Britons with more money to save over the last 12 months have piled £20billion into Premium Bonds since the first full month of lockdown last year, new figures from National Savings & Investments revealed today. The latest prize draw results from the Treasury-backed bank said there were 109.2billion eligible bonds in this month’s draw, which … Read more

House prices surge 10.9% in year to May but could ‘fall back down to earth’ over summer

House prices soared by 10.9 per cent annually in May, marking the strongest growth in nearly seven years. The double-digit house price growth recorded in May followed a 7.1 per cent annual increase in April, according to Nationwide’s house price index. Across the UK, property values hit a new record average of £242,832 – up … Read more

House prices surge 10.9% in year to May but could ‘fall back down to earth’ over summer

House prices soared by 10.9 per cent annually in May, marking the strongest growth in nearly seven years. The double-digit house price growth recorded in May followed a 7.1 per cent annual increase in April, according to Nationwide’s house price index. Across the UK, property values hit a new record average of £242,832 – up … Read more