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Home ‘flipping’ in the UK reaches 12-year high, despite Covid crisis

Home ‘flipping’ in the UK reaches 12-year high, despite Covid crisis

The proportion of homes in England and Wales that have been bought, renovated and sold again within a short period has hit a 12-year high, with Burnley in Lancashire topping the list of properties most commonly “flipped”. So far this year, one in every 40 homes sold were bought and sold within 12 months, according…

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Covid cuts third-quarter dividends to lowest level since 2016

Covid cuts third-quarter dividends to lowest level since 2016

The economic turmoil caused by the Covid-19 pandemic pushed third-quarter shareholder payouts to their lowest level since 2016, according to the latest snapshot, with the UK recording the biggest falls. Janus Henderson is now warning that dividends for the whole of 2020 are likely to drop at least 15.7%, which would “eradicate” more than three…

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Secondhand no longer second-best for UK’s ‘circular economy’ consumers

Secondhand no longer second-best for UK’s ‘circular economy’ consumers

Furloughed from her hospitality job during the first lockdown, Hannah Russo was trying to sell her child’s baby clothes when she found many other mothers trying to do the same. From there has come Babybundle, a website where parents can buy and sell bundles of often unused clothes to each other. “Many mums are gifted…

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Flat’s £23,000 service charge bill ‘beggars belief’, says owner

Flat’s £23,000 service charge bill ‘beggars belief’, says owner

A resident at a 24-flat development in central London says he had the shock of his life when he opened his latest service charge bill and found he was being asked to pay £23,309 for the year – 12 times the average for the capital. “Many of the charges listed beggar belief,” says Waiel Yahia,…

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Online shoppers fail to get parcels but struggle to get refund

Online shoppers fail to get parcels but struggle to get refund

Black Friday shoppers and anyone gearing up for an online Christmas should beware: Guardian Money has seen a big jump in complaints from people who bought expensive items online that failed to arrive as planned. But rather than refunding the buyer as they should, retailers have been claiming that parcels were delivered and it is…

Read More Online shoppers fail to get parcels but struggle to get refundContinue

Catalogues make a comeback in UK amid festive Covid curbs

Catalogues make a comeback in UK amid festive Covid curbs

High street retailers and websites in the UK are returning to traditional catalogues and leaflets to grab the attention – and spending power – of shoppers stuck at home during the biggest shopping period of the year. With most stores closed and a large proportion of people working from home, many have more time to…

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