Daily Mail Articles

From Britain’s first Caribbean bank to the best buy provider you’ve never heard of… meet two new banks on the block offering savers supportSavings rates have tumbled since NS&I announced it would soon cut its offers But two new banks have launched to provide competitive deals to savers New bank launches often help boost competition in the market and improve rates – we take a look at DF Capital and JN Bank UK and see what they’re offeringBy George Nixon For Thisismoney.co.uk Published: 08:05 EDT, 19 October 2020 | Updated: 09:33 EDT, 19 October 2020

Households struggling to pay for their energy this winter are set to get emergency credit as watchdog strengthens pandemic protectionsOfgem said homes struggling to pay their energy bills will get emergency credit  The new rules for suppliers will come into place on 15 DecemberPrepayment meter customers will also be offered help with paying their billsBy Grace Gausden For This Is Money Published: 05:00 EDT, 19 October 2020 | Updated: 08:21 EDT, 19 October 2020

Chinese government hands out £1million in FREE digital money to boost its ailing economy post-Covid – could Britain ever try the same thing?China has been trying to digitalise its currency for the past four years Last week it launched a trial giving 50,000 people 200 yuan each in a lotteryThe money can be spent at 3,400 shops in Shenzhen by scanning a QR codeThe country is far ahead of the UK when it comes to smartphone payments but growing numbers of Britons have used them as a result of the pandemicBy George Nixon For Thisismoney.co.uk Published: 07:36 EDT, 19 October 2020 | Updated: 08:21 EDT, 19 October 2020

State pension set to rise 2.5% next April: ‘Triple lock’ will determine annual increase as inflation rate is forecast at just 0.4%Consumer price inflation expected to have risen to 0.4% in September It means triple lock guaranteeing a 2.5% rise in state pension will kick in Retirees to get an extra £4.40 a week in state pension, from £175.20 to £179.60 By Camilla Canocchi for Thisismoney.co.uk Published: 08:05 EDT, 19 October 2020 | Updated: 08:05 EDT, 19 October 2020

I have more than £1m in my pension pot and my scheme says I can retire from age 50 – but isn’t the minimum age 55? Steve Webb repliesBy Steve Webb for This Is Money Published: 02:37 EDT, 19 October 2020 | Updated: 02:37 EDT, 19 October 2020

Switching energy isn’t just for households: Ten tips on how to save your small business money on bills tooBusinesses have had a tough year with many having to close for periods of time Saving money on energy bills is one way to keep costs down We reveal top tips for cutting your firm’s energy costs during the pandemic  By Grace Gausden For This Is Money Published: 02:37 EDT, 19 October 2020 | Updated: 02:37 EDT, 19 October 2020

Government pressed to adopt ‘pension bonus’ plan to end the unfair penalty that hits low paid workersSome 1.5million poorly paid staff lose Government payments into their pensionsThis free pension cash is automatically given to better paid workers The Treasury put forward four potential fixes to tax flaw over the summer Experts favour solution where HMRC would pay’ bonuses’ into workers’ funds By Tanya Jefferies for Thisismoney.co.uk Published: 02:36 EDT, 19 October 2020 | Updated: 02:36 EDT, 19 October 2020

RUTH SUNDERLAND: Wall Street starting to believe that Joe Biden in the Oval Office and the Democrats in control would boost economy more than Donald TrumpPresident Trump warns that Democrats would destroy the economy Trump has not fulfilled his bombastic claims in 2016 of ushering in the greatest period of growth ever By Ruth Sunderland for the Daily Mail Published: 16:51 EDT, 18 October 2020 | Updated: 17:23 EDT, 18 October 2020

Top luxury brands warn Chancellor that axing duty-free sales during Covid-19 pandemic will put thousands of retail jobs further at risk16 firms said removing VAT refunds for international visitors to shops would deliver a hammer blow to the fashion industryTheir warning comes after research laid bare the devastation retailers face this year, with a record 11,120 chain stores closing in the first six monthsBy Matt Oliver For The Daily Mail Published: 16:51 EDT, 18 October 2020 | Updated: 17:23 EDT, 18 October 2020

Security firm G4S urges shareholders to block hostile takeover by rival Garda World after its bid was publishedBy Daily Mail City & Finance Reporter Published: 16:51 EDT, 18 October 2020 | Updated: 17:22 EDT, 18 October 2020