British drug maker Indivior faces bankruptcy after the US Government accused it of overseeing a multi-billion pound fraud to drive up sales of its opioid addiction treatment. The FTSE 250 firm’s shares crashed by more than 70 per cent after prosecutors claimed it had engaged in a ‘truly shameful scheme’ that put profits before the … Read more
It often begins at a young age with a sit-down one April with a parent or relative, telling you to pick a horse out of a 40-strong Grand National field that they’ll place a small wager on for you. You’ll pick by humorous name or colourful outfit – and it’s all in good jest. As … Read more
Mothercare, Debenhams and L.K. Bennett all fell into administration in 2019, with thousands of jobs cut or put at risk. It was the second year in a row that the High Street was ravaged, after 2018 saw one of the worst years for UK retailers. Baby retailer Mothercare cut 2,500 jobs after its administration announcement … Read more
Key investor turns his back on Sir Philip Green as the tycoon comes under fire over Arcadia pensions By Hannah Uttley For The Daily Mail Published: 21:50 GMT, 10 April 2019 | Updated: 21:59 GMT, 10 April 2019 Sir Philip Green has lost the backing of one of his biggest investors as he embarks on … Read more
The message from the IMF meeting in Washington this week is that the world economy is in a precarious position. Brexit is just one instance of a wider uncertainty as the long-established rules of the game, in particular a belief in free trade, are being ripped up. The idea that a US President would threaten … Read more
Should proof be required of how much fun BMW’s new 8-series convertible sports tourer can be, after just one day behind the wheel I came home with a tan. Granted, I was driving in Portugal’s Algarve region at the start of spring and among the first to get behind the wheel of the flagship two-door … Read more
Older homeowners are on track to raid their homes for a record £5 billion of cash this year as lenders launch a raft of top equity release deals. These loans can be a lifeline for pensioners who are property rich but cash poor. They allow borrowers aged 55-plus to tap into the wealth built up … Read more
For many, comparison websites and online travel agents are the go-to place to find cheap flights. The sites claim to compare the prices of hundreds of airlines based on your destination and dates in order to offer you the best deals. More holidaymakers are putting their trust in websites such as Skyscanner, TravelSupermarket, Momondo and … Read more
I have been a John Lewis broadband customer since 2017 and, on January 1, I renewed my contract for £25 per month. However, after this, two refunds appeared on my bank statement and, on January 17, my landline was cut off. John Lewis said my bank had refused one of my direct debits. But my … Read more
When Adrian Neal’s beloved dog Poppy had to be put to sleep, he was grateful his pet insurance would at least cover her vet bills. But despite paying more than £1,500 in premiums over eight years, the father-of-four was told he could claim just 80p. Adrian, 50, is just one of scores of readers to … Read more
There’s more to choosing an investment fund than deciding on a manager, your favoured spot in the world and the level of risk. One choice that is not often highlighted is the type of fund. Fund types include unit trusts, open-ended investment companies (Oeics), investment trusts and exchange-traded funds. All types of fund give investors access … Read more
Nearly 2 million low-paid or part-time workers are missing out on vital pension tax relief By Samantha Partington For The Daily Mail and This Is Money Reporter Published: 23:21 GMT, 9 April 2019 | Updated: 10:03 GMT, 10 April 2019 Around 1.75 million low-paid or part-time workers could be missing out on vital tax relief … Read more
Top rates on simple easy-access deals accounts are vanishing as the accounts become more popular By Sylvia Morris For The Daily Mail Published: 23:22 GMT, 9 April 2019 | Updated: 09:23 GMT, 10 April 2019 Savers paid £5.4 billion into easy-access accounts in the first two months of 2019 Simple easy-access accounts paying top rates … Read more