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FTSE 100 CRASH: £210bn wiped off shares in biggest drop since 2008 | City & Business | Finance

A total of £210billion was wiped off shares this week as traders panicked over the spread of coronavirus. The blue chip index closed for the week on 6580.61 points – its worst performance since October 2008. On Friday alone, the FTSE 100 dropped by 3.2 percent or 215.79 points and resulted in the value of shares falling by £58bn. The FTSE More...

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By admin On Friday, February 28th, 2020
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Steven Seagal in hot water over cryptocurrency claims | City & Business | Finance

The Under Siege and Above The Law actor used his social media accounts to push Bitcoiin2Gen and encourage investment. SEC investigators say Seagal – who currently lives in Moscow – failed to inform his followers More...

By admin On Friday, February 28th, 2020
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Martin Lewis money saving expert on best bank account switch rewards now | Personal Finance | Finance

Martin Lewis refers to these cash incentives as “bribes for newbies”. It appears that banks may realise that consumers are more willing to switch accounts these days in order to find the best outcomes. This More...

By admin On Friday, February 28th, 2020
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Mortgage UK: Woman in her 20s purchased her first home by using this simple tip | Personal Finance | Finance

Recent research from Money Super Market reveals that loans from family members doubled over the last 12 months. The specific amount given by family members has risen to nearly £6,000, equating to £281 billion More...

By admin On Thursday, February 27th, 2020
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Minimum Wage 2020: Is the Minimum Wage going up this year? | Personal Finance | Finance

Every year the National Living Wage and the National Minimum Wage changes in April. This year the boost could see some workers almost £1000 better off. Following their landslide election win, the Conservatives More...

By admin On Thursday, February 27th, 2020
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Pound falls against euro and dollar after UK makes Brexit threat | Personal Finance | Finance

Britain said on Thursday it wants binding obligations on access to the EU financial market. London, Europe’s biggest financial centre, faces being locked out of its biggest market for services like banking, More...

By admin On Thursday, February 27th, 2020
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Martin Lewis: NS&I are cutting rates so you’d be better off putting your money here | Personal Finance | Finance

“In fact, with typical luck most people will win less than the prize rate, so easy access savings beat it.” Despite this, Martin said the chance rates for winning the £1 million jackpot aren’t that More...

By admin On Thursday, February 27th, 2020
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GBP/EUR sinks on speculation Brexit trade talks will be ‘very difficult’ | City & Business | Finance

Mr Barnier also highlighted the growing concerns that the UK could renege on its Brexit pledges to Northern Ireland. He said: “[T]here are reasons for us to remain vigilant because the British minister in More...

By admin On Wednesday, February 26th, 2020
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Dow Jones today: What is happening to the stock markets? £100billion wiped off | City & Business | Finance

The number of coronavirus cases has risen to more than 80,000 worldwide and has caused over 2,700 deaths. The deadly Covid-19 virus has started to spread faster in Europe with parts of Italy now under quarantine More...

By admin On Wednesday, February 26th, 2020
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Martin Lewis money saving expert urges savers to take action now or lose money | Personal Finance | Finance

As a result of the 2008 financial crisis, central banks and monetary authorities across the world have been cutting interest rates to as low as possible. The aim of this was to encourage and stimulate economic More...

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