Uber loses $1bn in first quarter
Uber saw losses widen to $1bn in its first quarterly update as a listed public company.
Losses at the ride-hailing app doubled year-on-year during...
Economic insecurity is rising – especially for gig workers
Gig economy workers and the self-employed are the least prepared for automation or Brexit, according to a think-tank.
A report by The...
BANKING
First Direct ditches £10 a month fee for 1st Account
Written by: Emma Lunn
16/08/2019
First Direct has scrapped the monthly fee on its current account.
HSBC-subsidiary First Direct is making its flagship current account, the...
MONEY HEADLINES
NHS staff borrow more than £45m in payday loans
Written by: Emma Lunn
16/08/2019
Financial wellbeing platform FairQuid claims that 59,037 members of NHS staff borrow £45.1m in payday loans every year.
The firm’s...
Brits are spending more on credit cards, but owe less
Written by: Emma Lunn
16/08/2019
Consumers spent £16.9bn on credit cards in May, up 2.3 per cent in a year, according to UK Finance.
Brits...
Monzo starts offering loans to current account customers
Written by: Emma Lunn
16/08/2019
The challenger bank has added a range of personal loans to the products available through its app-based bank account.
App-only bank...
A third of Brits put spending on hold due to Brexit
Written by: Emma Lunn
16/08/2019
Brits are also pulling back from investing in stocks and shares, choosing the safety of cash instead.
About a third (30...
Economic insecurity is rising – especially for gig workers
Gig economy workers and the self-employed are the least prepared for automation or Brexit, according to a think-tank.
A report by The...
INVESTING
A third of Brits put spending on hold due to Brexit
Written by: Emma Lunn
16/08/2019
Brits are also pulling back from investing in stocks and shares, choosing the safety of cash instead.
About a third (30...