First-time buyers frozen out of housing market

Existing homeowners overtake first-time buyers as biggest source of demand in housing market By Daily Mail City & Finance Reporter Published: 21:50 BST, 27 September 2020 | Updated: 21:59 BST, 27 September 2020 Existing homeowners have overtaken first-time buyers as the biggest source of demand in the housing market.  Online estate agent Zoopla said the … Read more

Royal London and LV= in talks about £500m tie-up

Royal London and rival financial services firm LV= in talks about £500m tie-up By Daily Mail City & Finance Reporter Published: 21:50 BST, 27 September 2020 | Updated: 21:56 BST, 27 September 2020 Royal London and rival financial services firm LV= are in talks about a £500m tie-up.  The potential deal could see the pair … Read more

MPs: We were misled by Boohoo boss Carol Kane

One of Boohoo’s co-founders accused of giving misleading information to Parliament over appalling conditions at its clothes factories Carol Kane had assured MPs that third-party manufacturers used by her firm were ‘all audited’ on a regular basis  A bombshell report uncovered excessive hours, life-threatening conditions and illegally low pay across much of the fast fashion … Read more

Shareholders criticise Saga plan to raise £150m lifeline

Angry small shareholders criticise Saga’s plans to raise £150m lifeline By Daily Mail City & Finance Reporter Published: 21:50 BST, 27 September 2020 | Updated: 21:50 BST, 27 September 2020 Angry small shareholders have criticised Saga’s plans to raise a £150m lifeline.  They said the over-50s travel and insurance giant’s proposal valued the shares below … Read more

Tech Nation beefs up board as it strives to help economy

Tech Nation – Government-backed technology industry body – beefs up board as it strives to help economy recover from coronavirus crisis By Jamie Nimmo, Financial Mail On Sunday Published: 21:50 BST, 26 September 2020 | Updated: 23:01 BST, 26 September 2020 Boost: Tech Nation helps nurture British technology companies Tech Nation – the Government-backed technology industry … Read more

Pizza duo snap up bargain sites for expansion

Two former Pizza Express chiefs snapping up cut-price high street sites as they spot expansion opportunity By Harriet Dennys, Financial Mail On Sunday Published: 21:50 BST, 26 September 2020 | Updated: 23:01 BST, 26 September 2020 Two former Pizza Express chiefs are snapping up cut-price high street sites as they spot the biggest expansion opportunity … Read more

Payment holiday CAN affect home loan, says Minister

Treasury Minister gives banks all-clear to turn down borrowers who took loan repayment ‘holidays’ during lockdown By Helen Cahill, Financial Mail On Sunday Published: 21:50 BST, 26 September 2020 | Updated: 23:00 BST, 26 September 2020 A Treasury Minister has given banks the all-clear to turn down borrowers who took loan repayment ‘holidays’ during lockdown.  … Read more