Tag Archives: money

Credit card rates have hit a record high amid soaring inflation which has driven shoppers to borrow to cover living costs. The average annual percentage rate – or “APR” – charge on credit cards has reached 26.6pc this month, the highest since records began in 2006, according to Moneyfacts, a …

Supermarket giant Tesco has announced a major change happening in every single supermarket in the UK. The retailer says the change could potentially save tens-of-thousands of shoppers’ lives. Following in the footsteps of Royal Mail and Travelodge, the supermarket favourite will be encouraging all of its 300,000 UK staff to …

Brad Ashton of RSM UK, a tax firm, said people had been left “between a rock and a hard place” and forced to accept costly charges for taxes that may not in fact be due.  Payment demand letters from Parcelforce, part of the Royal Mail group, said customers must pay …

Royal Mail’s masterplan for Sunday parcel boom: Bosses set to ramp up weekend deliveries in bid to dominate online shopping battleground Bosses have drawn up ‘road map’ that could build its Sunday proposition tenfold Group hails plan a ‘revolution’ similar to the end of Sunday trading restrictions  It would mark …

Tough times in stock markets tend to spark a flight to quality. But bonds, once the first stop on this dash, have been left reeling by spiralling inflation and interest rates.  So the search is on for alternative safe havens, with some investors resolved to be inventive and have fun. And …

Only a handful of listed British companies have been trading for as long as the Queen has been on the throne. They have survived seven decades of economic turbulence, proving their long-term ability to generate cash, but does that make them good investments? Household favourites  Tom Stevenson, of the investment …

MARKET REPORT: Energy giants get an electric shock on reports that the Chancellor is drawing up plans for a windfall tax By Oliver Hail, Proactive Investors, For The Daily Mail Published: 18:03 EDT, 24 May 2022 | Updated: 18:54 EDT, 24 May 2022 It was an uncomfortable day for investors …

Royal Mail shares sink again as broker issues ‘sell’ downgrade amid growing cost pressures and weak forecasts Peel Hunt has slashed its target price for Royal Mail from 500p per share to 307p Royal Mail has raised the price of letters and parcels in response to rising costs Shares in …

Shares in Moonpig jumped more than 11 per cent after the City gave a thumbs-up to its £124million purchase of gift group Smartbox. The online greetings card specialist said the deal will boost revenues to £350million next year, while enhancing profit margins and so adding to earnings per share. Smartbox’s …

Crowning glory: The Queen’s Coronation in 1953 If you have a Royal commemorative mug collecting dust on the mantelpiece, now is the time to spruce it up and raise a toast to the Queen’s Platinum Jubilee.  But while most patriotic pottery is little more than a memento worth a few …