News archive from 5 July 2017, page 2

DAILY BRIEFING: UK Asset Resolution warns up to one in ten of its customers could struggle if interest...

RATE WARNING Financial holding company UK Asset Resolution, the state-owned group responsible for winding down the mortgage books of failed lenders Northern Rock and Bradford & Bingley, has warned up to one in ten of its customers could struggle...

 

ON THE BOARD: Greene King chairman Philip Yea lands non-exec director role at Equiniti

Equiniti has named the chairman of pub chain Greene King as a non-executive director. As well as being on the board of the payments firm, Philip Yea will replace outgoing chairman Kevin Beeston when he retires in September. Yea, 62, who has been...

 

Plan to put a mini computer screen on bank cards with a security code that changes by the hour to beat fraud

Customers may soon be offered bank cards with a security code that changes by the hour in a bid to tackle fraud. The new debit and credit cards will have a tiny computer screen on the back of the plastic near the signature strip. This is where the...

 

Buy now, pay later deals that triple the cost of your shopping: They're advertised as fee-free but beware...

Shoppers are being lured into rip-off 'buy now, pay later' deals that wallop them with hidden high interest charges and late payment fees, a Money Mail investigation has found. Experts say these deals are fuelling Britain's debt boom as they encourage...

 

Market glitch sees Amazon and Google lose more than half their value while Apple shares double

Shares in several big-name Nasdaq companies appeared to spike or plummet well after the closing bell on Monday due to a suspected glitch. About five-and-a-half hours after the market closed, shares in internet giants Amazon and Microsoft appeared to...

 

ASK TONY: A neighbour hit my car a year ago - but his insurance company Esure still hasn't repaired it

My neighbour reversed into my car a year ago. His insurance company, Esure, accepted responsibility and I agreed to allow it to repair the car. Within a week, the garage was demanding £1,000 and threatening to make unrelated repairs. When I refused to...

 

CITY DIARY: Former Tory treasurer Lord Feldman gets yet another a senior advisor role

City spinners Tulchan Communications have hired former Tory treasurer Lord Feldman as a senior advisor.  His lordship, 51, already enjoys half a dozen other such roles, including a sinecure with Messina, the political strategists the Tories paid...

 

UK payments giant Worldpay sees £1.9m added to its value as US rivals plot a takeover

Investors piled into Worldpay yesterday, adding £1.8billion to its value after bosses revealed the company was at the centre of a takeover battle. The electronic payment firm said Wall Street giant JP Morgan and US payments rival Vantiv were both...

 

Ashley's secret calls to stop share price slump: What did the Sports Direct boss say to end sell-off caused...

Sports Direct owner Mike Ashley made a flurry of private calls in a bid to prop up shares in his company as a row over Chelsea football shirts spooked investors, according to court papers. Shares in Sports Direct tanked on December 12, 2013 after it...

 

Now energy firms could be forced to write to customers about rivals' cheaper deals

Energy suppliers could be forced to write to customers to let them know about rivals’ cheaper deals. Under plans, customers who have been stuck on an expensive standard variable tariff for at least one year will receive a letter from their supplier...

 

Online fixed rates creep up to 1.86% as new banks are leapfrog one another to offer the best deal

New banks are leapfrogging one another to offer the best deal on fixed-rate bonds — but to earn these top rates you must be willing to open an account online. OakNorth bank's one-year fixed-rate deal pays a top 1.86 per cent, followed by Paragon...

 

Savers miss out on £1bn interest by not switching from 0.01% easy-access deals with new banks offering 1.25%

Savers are missing out on more than £1 billion in interest by sticking with terrible easy-access deals paying as little as 0.01 per cent. The gap between the best and worst rates on easy-access accounts is widening, with new banks offering up to 1.25...

 
NHS 'rationing leaves patients in pain'

NHS 'rationing leaves patients in pain'

Vital NHS operations and treatments are being increasingly rationed in England, leaving patients in pain, doctors say. The treatments affected include hip and knee replacements and cataract surgery to help restore sight as well as drugs for conditions...

BBC, 00:12 in Regional
 
Wimbledon 2017: Andy Murray insists he and Dustin Brown are two peas in a pod

Wimbledon 2017: Andy Murray insists he and Dustin Brown are two peas in a pod

A rare smile crosses the lips of the world No1 when it is suggested the pair are not obvious choices to be pigeon-holed together as friends. They have only met once on court – a straight-sets win for Murray seven long years ago at the US Open. But...

 
BREAKING: US demands 'global action' over North Korea & vows 'to enact stronger measures'

BREAKING: US demands 'global action' over North Korea & vows 'to enact stronger measures'

In a fearsome warning, the US Secretary of State called for “global action” to be taken against Kim Jong-un to stop the “global threat” the communist state poses. Launching an attack also on North Korean citizens, Mr Tillerson said any country hosting...

 


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