Car dealers Pendragon and Inchcape plan to cut jobs as fallout from Covid-19 pandemic hits demand By Daily Mail City & Finance Published: 22:27 BST, 30 July 2020 | Updated: 22:27 BST, 30 July 2020 Car dealers Pendragon and Inchcape plan to cut jobs as the fallout from the Covid-19 pandemic hits demand. Adding to … Read more
Lamborghini has launched its latest hypercar that costs up to £2.7million – but there are a few catches. The Essenza SCV12 is a limited run of just 40 examples powered by a highly-tuned version of Lambo’s 6.5-litre V12 engine producing north of 820bhp and featuring a unique carbon-fibre chassis to provide lightening fast speeds. But … Read more
The amount of money raised from inheritance tax fell for the first time in a decade last year, new figures from HM Revenue and Customs have revealed. The amount of cash raked in from the death tax slumped £223million, or 4 per cent, in the 2019-20 tax year, but the charges still bolstered the Treasury’s … Read more
Global stock markets back in the red: FTSE 100 index drops back below 6,000 as second-wave fears unnerve investors and big UK firms reveal cost of virus FTSE 100 was last trading 183 points down at 5,948, a fall of 3 per cent First time below 6,000 since mid-May when stock recovered from Covid crash London … Read more
Current account competition collapses thanks to coronavirus: More people moved bank in March than the next three months of lockdown Just 98,192 accounts were switched between April and June – a 65% fall Banks closed accounts to new customers and withdrew switching bonuses Figures for the first three months of this year found Santander shed … Read more
There were 1,748 deaths on Britain’s roads in 2019, which is a decline of just two per cent on the year previous and consistent with fatality figures for the last nine years, it has been confirmed today. Preliminary records show there were 153,315 casualties of all kinds on roads last year, which is five per cent … Read more
Panicked holidaymakers heading to Spain are turning to a specialist warzone travel insurer, typically used by those on dangerous assignments to countries renowned for kidnappings and murders, to try and obtain cover for their trip. Battleface says it has had a ‘significant increase in enquiries and bookings’ for policies covering Spain and all destinations in … Read more
Lloyds Banking Group slumped to a pre-tax loss of £602million in the first half of the year, warning investors that the impact of the pandemic was more ‘profound’ and ‘much larger’ than it expected. The lender has set aside £3.8billion for a spate of bad debts expected once furloughing ends, more mass job cuts emerge … Read more
Nurseries, childminders and pre-schools that charged full fees during lockdown are facing mounting pressure to refund parents after an industry watchdog deemed it unfair to charge fees for services that were not provided. The Competitions and Markets Authority wrote an open letter to the early years sector this week, warning that they could face legal … Read more
If Amazon ever needs to deliver to the middle of the Amazon rainforest, there’s a new vehicle that’s more than up to the task. It’s – brilliantly – named the Terrastorm and is created by Czech firm Torsus. It takes a £32,000 Volkswagen Crafter van, adds four wheel drive and then bolts on a hardcore … Read more