The City watchdog sets its sights on overdrafts and other high cost products, after its success with payday loans November 29, 2016 The City watchdog is taking a closer look at overdrafts and other high-cost credit products, following a crack down on payday loan price caps last year. The Financial Conduct Authority (FCA) has today launched a consultation, calling for evidence and feedback, on products where it is concerned the cost to consumers might overweigh the benefits. Products [...]
Sadiq Khan reveals his spending plans for £3bn Treasury housing fund November 29, 2016 A huge injection of Treasury cash will be used to build a combination of homes to rent and buy in the capital following a deal between the government and City Hall. In the Autumn Statement, chancellor Philip Hammond revealed the Treasury has agreed to hand City Hall of control of £3.15bn in funding to develop 90,000 [...]
Theresa May kicks off bid to slash top dog pay November 27, 2016 The government will tomorrow launch its overhaul of executive pay as Prime Minister Theresa May looks to stamp her authority on City boardrooms despite warnings from business groups that she should not adopt an approach that is too hardline. After U-turning on her campaign pledge to put workers on boards, May will press ahead with [...]
Cheap iPhones and Apple Watches? Here are the best Apple Black Friday deals November 25, 2016 Retailers always go big on tech and electronics for Black Friday, but Apple itself did not jump into the fray last year. In 2016, the company has changed its tune and will hold a "one day shopping event" on Black Friday. The exact deals have not yet been revealed, but will be available here, so [...]
Everything you need to know about Black Friday: Get a Samsung TV, Apple iPad, DKNY perfume and more all on the cheap November 25, 2016 If you're trying to buy all your Christmas presents online without your boss noticing, we're on hand to help. Here's everything we know about Black Friday deals so far, all in one place: John Lewis The department store has announced deals on Samsung TVs, KitchenAids, DKNY perfume, casserole dishes and more. Apple The tech giant [...]
Frosty relations: Iceland vs Iceland legal action has been filed November 24, 2016 Iceland, the country, has today confirmed it is taking legal action against Iceland, the supermarket. The Icelandic government, along with SA Business Iceland and Promote Iceland, has said it is taking the action so its own producers can use the word 'Iceland' when advertising their own food products. The country argues the retailer cold-heartedly pursued businesses [...]
These are eBay’s best Black Friday bargains November 24, 2016 Traditional retailers such as Tesco and John Lewis may be planning big Black Friday events – but don't discount Ebay when you're bargain-hunting – it isn't just about selling people's old tat any more, you know… Here are the auction site's best deals today: 1. Game on One for the gamers (or those with kids who [...]
Tesco has unveiled its Black Friday 2016 deals: Laptops and tablets and bikes, oh my November 24, 2016 The supermarkets may be suffering from competition from discounters, but on Black Friday that all goes out of the window as they come over all Aldi and go berserk for deals. Tesco is no exception – it's so keen it's already launched some deals. Check out the best ones for Black Friday itself. Read more: [...]
Retailers’ share prices stung by the rise in the national living wage in the Autumn Statement November 23, 2016 Retailer's share prices are suffering this afternoon after chancellor Philip Hammond said the national living wage would rise in April next year. The national living wage hourly rate will increase from £7.20 an hour £7.50 an hour in 2017, Hammond said. Read more: The National Living Wage is going up again next April The change [...]
Ex-Sainsbury’s boss Justin King thinks the price of your weekly grocery shop is about to rise five per cent November 23, 2016 Sainsbury's boss Justin King is one of those retail legends who, like former Tesco chief exec Sir Terry Leahy, had the foresight to get out just as things were about to get hairy. Now King has used that foresight to suggest the price of your weekly shop could be about to leap. In an appearance [...]