My parents died recently. Their wills were held by Coles Solicitors in York, which was forced by the regulator to close last summer. We were told that the wills and house deeds were in the Solicitors Regulation Authority (SRA) archive and that we had to request their return. We did so in August, and were…
BlackRock, the world’s largest asset manager, holds investments worth $85bn in coal companies, a year after it promised to sell most of its shares in producers of the fossil fuel. A loophole in the asset manager’s policy means it is still allowed to hold shares in companies that earn less than a quarter of their…
Morrisons has become the first UK supermarket to break the £10 an hour pay barrier just as the spotlight is being shone on poor pay levels in an industry where workers are in the frontline of the pandemic. The Bradford-based supermarket said it would guarantee pay of at least £10 an hour with the new…
Britain’s electricity prices have soared to an all-time high with gas also surging to a three-year record ahead of sub-zero temperatures forecast for much of the UK next week. Energy prices have jumped as markets brace for freezing temperatures that are expected to boost demand for heating and electricity. The UK’s market price for electricity…
More than 70 cross-party MPs are calling for regulation of buy now, pay later firms such as Klarna and Clearpay, which they say could be “the next Wonga waiting to happen.” The group is planning to table an amendment to the financial services bill on Wednesday that would force the Treasury to introduce regulations within…
The Hut Group, the recently floated online retail company run by billionaire Matthew Moulding, has upgraded its profit forecasts after strong sales at its beauty and sports nutrition brands during the coronavirus pandemic. The Manchester-based company which floated on the London Stock Exchange in September, said sales rose 51% to £558.7m during its fourth quarter,…
