Money > Investing

Gen Z banks, invests, and manages their money via app - but they still want to talk to a human for advice

Gen Z banks, invests, and manages their money via app - but they still want to talk to a human for advice

1 day ago   |   Business Insider

Gen Z relies on technology to bank, budget, and invest their money, according to new research from Morningstar. And yet, the average 18-to-25-year-old still finds human...
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Fraudsters steal £4m as investors are lured by sophisticated scams

Fraudsters steal £4m as investors are lured by sophisticated scams

1 day ago   |   Daily Mail

Aiming to capitalise on savers' uncertainty during the coronavirus lockdown, the fraudsters have been impersonating real investment managers and their products - investment...
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Barclay's boss Roger 'Big Dog' Jenkins leaves with a £50m payoff

Barclay's boss Roger 'Big Dog' Jenkins leaves with a £50m payoff

1 day ago   |   Daily Mail

Roger Jenkins, 64, who once dated supermodel Elle MacPherson, called top financier Amanda Staveley a 'dolly bird' and a 'tart' as he fought for the £7bn investment in autumn 2008.
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WeWork says it's a year closer to profitability than previously planned thanks to 8,400 job cuts

1 day ago   |   Business Insider

WeWork will be cash-flow positive, a step toward profitability, in 2021, according to a SoftBank executive. Marcelo Claure, CEO of the Japanese investment fund, cited WeWork's...
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All the best slippers to stay cosy during lockdown

All the best slippers to stay cosy during lockdown

1 day ago   |   Marie Claire

Seeing as we might be in lockdown for a little while longer , there really is no better time to invest in a new pair of slippers . Even if you're trying to save money right...
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Precious metal: the gold-standard investment when a crisis hits?

2 days ago   |   The Guardian

Fuelled by low interest rates and the prospect of a recession, gold has hit record highs. So is it worth buying now? As the coronavirus pandemic causes havoc in economies...
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Make your investments fly by picking the BEST of BRITISH

Make your investments fly by picking the BEST of BRITISH

3 days ago   |   Daily Mail

Investors who have flown the Union Flag over their portfolios this year have endured some stomach-churning turbulence. But some leading experts argue it will pay investors to...
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Rollercoaster ride for shareholders in BMO Global

Rollercoaster ride for shareholders in BMO Global

3 days ago   |   Daily Mail

Investment manager Peter Ewins, currently running the £810million fund from his attic at home in Kent, says the past four months have been a 'difficult and challenging times'...
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When I first started investing with an app at 21, I thought I was doing the right thing. I've since learned I had it all backward

When I first started investing with an app at 21, I thought I was doing the right thing. I've since learned I had it all backward

3 days ago   |   Business Insider

I started out investing simply to grow wealth over time, but using an app that only offered one type of account meant I ended up investing out of order. After several years, I...
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This VC just raised $150 million to invest in ground transportation startups. He says there are better opportunities than trying to find the next Tesla

3 days ago   |   Business Insider

Quin Garcia's venture firm, Autotech Ventures, is on the lookout for new deals. Autotech focuses on startups that are involved in ground transportation in some way, but instead...
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Carole Baskin Hits Back After Being Tricked Into Recording 'Shout-Out' To...

Carole Baskin Hits Back After Being Tricked Into Recording 'Shout-Out' To Rolf Harris In Video Message

Tiger King star Carole Baskin has hit back after being tricked into giving a shout-out to disgraced TV personality Rolf Horris in an online video message. The big cat... Read more ...

French health workers are given a £7billion pay rise in the wake of coronavirus

French health workers are given a £7billion pay rise in the wake of coronavirus

The majority of the money will be spent on a pay rise for nurses, carers and non-medical staff, while it will also pay for another 15,000 new recruits after years of spending... Read more ...

From stimulus checks to unemployment benefits, top analysts shared their...

From stimulus checks to unemployment benefits, top analysts shared their predictions for the next coronavirus bailout package. They're pegging it at $1.5 trillion

Congress and the Trump administration are negotiating another coronavirus stimulus bill. Top analysts told us the legislation will spend $1.5 trillion in all. They said it will... Read more ...

Lloyds announces in-app service to let customers cancel subscriptions

Lloyds announces in-app service to let customers cancel subscriptions

Millions of Lloyds customers who signed up for new subscription services during the coronavirus lockdown will be able to cancel them in their banking apps under a new update... Read more ...

Administrators had to pay Virgin employees with loans because airline had no...

Administrators had to pay Virgin employees with loans because airline had no money for wages

Deloitte said Virgin Australia had been burning $200million a month and they had to negotiate with financial institutions to gain access to more cash so the business could stay... Read more ...

Taxpayer faces £34bn coronavirus loans bill 

Taxpayer faces £34bn coronavirus loans bill 

Treasury figures show £46.3bn has now been lent to 1.1m firms, including £31.7bn lent to 1m of the UK's smallest companies through the Bounce Back scheme. Read more ...

Fears that pandemic slump will wipe more than £30K off the value of a...

Fears that pandemic slump will wipe more than £30K off the value of a typical home

The Office for Budget Responsibility said prices could fall 2.4 per cent this year and 11.7 per cent next year. That would push the average price down from around £230,000 to... Read more ...

Budget defecit may top £400bn this year as cost of pandemic spirals

Budget defecit may top £400bn this year as cost of pandemic spirals

In its latest update, the OBR laid out the potential damage which coronavirus will cause to the public finances. In its central forecast, public sector borrowing will rise to... Read more ...

Ocado profits double as pandemic pushes families online for groceries

Ocado profits double as pandemic pushes families online for groceries

Ocado The group reported a 27 per cent jump in retail revenues to £1bn due to 'unprecedented' demand during the six months to May 31. This helped retail profits jump 87 per... Read more ...

Loss-making DFS considers axing up to 200 workers 

Loss-making DFS considers axing up to 200 workers 

The sofa chain is overhauling the two brands. It said revenues slumped to around £725m in the year to June 28 after it was forced to freeze deliveries for most of its final... Read more ...