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Revolutionary plan will see workers paid wages the same day they earn them

Published on 2020-06-23 by admin

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ChancellorRishiSunakissettolookataplanwhichcouldletstrugglingworkersdrawpayassoonasthey’veearnedit.TheschemewouldendthewaitforamonthlywageandeasecashflowproblemshittingmillonsduringtheCovid...


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HSBC scraps plans for redundancies during coronavirus outbreak

Published on 2020-06-23 by admin

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HSBC hasputitsmammothredundancyprogrammeoniceasitrevealedfirst-quarterprofitsalmosthalvedduetothecoronaviruspandemic.ThebanksaidinFebruaryitwasplanning35,000jobcutsaspartofaplantobecomemore...


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Lockdown mistakes that will still be costing you in 6 years' time

Published on 2020-06-23 by admin

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Mistakesmadeduringthecoronaviruslockdownorwhileonfurloughcouldstillbecostingyouinsixyears'time.That'sbecausewhilesupportmeasureslikefurlough,paymentholidaysandfreeoverdraftsendonOctober31,blackm...


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Interest rates could be taken 'below zero' Bank of England governor warns

Published on 2020-06-23 by admin

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BankofEnglandgovernorAndrewBaileyhassaidpolicymakersareactivelyreviewingalltheiroptions-includingtakingUKinterestratesintonegativeterritoryforthefirsttimeever.SpeakingtoMPs,theBank'sgovernorsaid...


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EasyJet, Ryanair, Thomson and 14 more airlines to be taken to court over flight refunds

Published on 2020-06-23 by admin

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TheSpanishGovernmentistotake17airlinestocourtoverholidayrefundpracticesthathaveleftthousandsofpassengersoutofpocketsincethestartofthecoronavirusoutbreak.Authoritiessaidcourtactionwillbetakena...


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Bank of England tells banks to prepare for no-deal Brexit as UK hits 6 month countdown

Published on 2020-06-23 by admin

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TheBankofEnglandhassaidBritain'sbanksshouldprepareforano-dealBrexitasministersremainintalkstostrikeadealbyDecember.GovernorAndrewBaileytoldHSBC,RBS,BarclaysandmoreUKlenderstostep-uptheirpla...


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Bank transfers are changing - new anti-fraud rules you'll have to follow from June 30

Published on 2020-06-23 by admin

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Sixmajorbanksareabouttointroducenewsafetymeasuresforpeoplewhotransfercashtofriends,family,businessesandotherpayees.Barclays,HSBCandLloydsareamongstthosethatwillsoonbecarryingoutnamecheckswhens...


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Many supermarket prices soaring during lockdown - but some goods are now cheaper

Published on 2020-06-23 by admin

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Supermarketpriceson'essential'itemshaverisenbyaneye-watering8%inthepastmonth,withpetfood,riceandvegetablesseeingthebiggestjump.Thedata,publishedbytheOfficeforNationalStatistics(ONS),showstheea...


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Simple change that could more than double the interest you earn on your savings

Published on 2020-06-23 by admin

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Saverscantypicallymorethandoubletheirinterestrateiftheygivetheirprovidersomenoticebeforemakingawithdrawal.That'saccordingtonewfiguresfromMoneyfacts.co.uk,showingtheaverageeasyaccessrateisnowjust...


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