Virus winners and losers: Britain’s biggest hotelier is hard hit while B&Q owner makes hay while the sun shines, says ALEX BRUMMERBy Alex Brummer for the Daily Mail Published: 17:11 EDT, 22 September 2020 | Updated: 17:11 EDT, 22 September 2020
Tui cuts winter holiday choice as a second wave of Covid-19 hits Europe after summer bookings nosedive over 80%Tui cuts winter packages as it sees decline in booking volumes and trend shiftThe travel company has switched focus and on alternative low risk destinationsBack in May, the company axed 8,000 jobs and shut 166 of high street stores By Angelique Ruzicka For Thisismoney.co.uk Published: 11:28 EDT, 22 September 2020 | Updated: 11:30 EDT, 22 September 2020
B&Q owner Kingfisher benefits from DIY boom as well as new ‘click and collect’ model as it boasts a jump in profitsSales were down by 1.3% in the first six months but recovered in the second halfKingfisher bounced back with a 62% increase in pre-tax profit to £398million Click and Collect accounted for over 90% of the group’s online ordersCEO Thierry Garnier claims ‘longer term opportunity for Kingfisher is significant’By Angelique Ruzicka For Thisismoney.co.uk Published: 07:45 EDT, 22 September 2020 | Updated: 09:16 EDT, 22 September 2020
Influential shareholder advisory service says bumper fat-cat executive bonuses paid in shares should be scrapped unless something special has happenedBy Daily Mail City & Finance Reporter Published: 17:00 EDT, 21 September 2020 | Updated: 08:24 EDT, 22 September 2020
NS&I announces HUGE cuts which could see it pay just £1 on every £10,000 saved – where can its millions of savers turn to?NS&I announced cuts to its accounts after it was deluged with billions of pounds This has already left it close to breaching its fundraising target for the year Millions of savers turned to its as a safe haven over the last 6 months, but now it has announced heavy cuts to its rates they can earn plenty more elsewhereBy George Nixon For Thisismoney.co.uk Published: 05:15 EDT, 22 September 2020 | Updated: 05:53 EDT, 22 September 2020
Britain’s personal finances aren’t prepared for the unexpected: New study shows worrying signs for future financial shocksThe majority are on top basic household finances and debt scoring 20 out of 25But we score three out of 25 when it comes to preparation for the unexpectedSchroders warned we’re also bad at future planning, scoring just five out of 25 But 77% said they haven’t needed to make financial changes because of covidBy Angelique Ruzicka For Thisismoney.co.uk Published: 02:41 EDT, 22 September 2020 | Updated: 02:41 EDT, 22 September 2020
PROPERTY CLINIC: I’m renting out a property and have a choice of tenants, what criteria should I use to pick one?There are rules around whether a landlord can reject a tenant or not Landlords are unable to reject a tenant with ‘protected characteristics’ Landlords can reject a tenant for being unable to move in on a certain dateBy Myra Butterworth For MailOnline Published: 02:40 EDT, 22 September 2020 | Updated: 02:40 EDT, 22 September 2020
Toyota’s new hypercar revealed: The GR Super Sport makes its public debut as radical 1,400 horsepower racer for the road nears arrivalToyota GR Super Sport will be closely based on the Japanese firm’s LMP1 endurance racer that won at Le MansIt will share the 2.4-litre twin-turbocharged V6 petrol-hybrid powertrain with the endurance competition carThere are three electric motors in total: one supplements the petrol engine to drive the rear wheels; the two remaining will send drive to each of the front wheels – it should be able to hit 205mph and morePerformance capability is a reported 1,400bhp, though this is likely to be restricted for the road-legal car By Rob Hull For Thisismoney.co.uk Published: 12:21 EDT, 21 September 2020 | Updated: 02:40 EDT, 22 September 2020
Goodbye to Britain’s favourite mortgage? Halifax axes two-year fixes for remortgage customers as lenders continue to pull up the drawbridgeHalifax has pulled two-year fixed deals for remortgage customersExperts say the lender wants to retain low-risk customers for longer Banks and building societies continue to limit who they will lend to By Will Kirkman For Thisismoney.co.uk Published: 02:39 EDT, 22 September 2020 | Updated: 02:39 EDT, 22 September 2020
‘We want to be the GoCompare of the furniture world’: The couple who launched a furniture comparison site with products from 120 retailers Deirdre Mc Gettrick and Ray Wright are the brains behind furniture site Ufurnish The idea came about after they struggled to find and compare furniture online The business has attracted investing funding of £1.8m from angel investors The couple want Ufurnish to be as big as ‘Gocompare’ or ‘Skyscanner’By Angelique Ruzicka For Thisismoney.co.uk Published: 02:38 EDT, 22 September 2020 | Updated: 02:38 EDT, 22 September 2020
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