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Wednesday, May 23, 2018
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 Bovis Homes hit by shareholder revolt over pay 23 May 5:17pm Bovis Homes hit by shareholder revolt over pay
Daily Mail
Some 37.6 per cent of shareholders voted against the company’s remuneration report. The rebellion was triggered by the decision to bump up the bonus paid to finance director Earl Sibley.
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 Topshop is the latest High Street store to sink into the red 23 May 5:16pm Topshop is the latest High Street store to sink into the red
Daily Mail
The tycoon’s fashion chain, which includes Topman, suffered a £10.9m loss for the 12 months to August 26, compared to a £59.4m profit the previous year.
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 M&S fightback starts here: Chairman lays bare catalogue of failings 23 May 5:13pm M&S fightback starts here: Chairman lays bare catalogue of failings
Daily Mail
M&S has vowed to win back customers after months of brutal cuts and a fundamental overhaul of the business combined with plunging profits and a sales slump.
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23 May 4:58pm The M&S fightback starts here: Brutally frank chairman lays bare catalogue of failings
Daily Mail
M&S has vowed to win back customers after months of brutal cuts and a fundamental overhaul of the business combined with plunging profits and a sales slump.
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23 May 4:55pm Bovis Homes hit by shareholder revolt over pay amid a backlash over boardroom excess
Daily Mail
Some 37.6 per cent of shareholders voted against the company’s remuneration report. The rebellion was triggered by the decision to bump up the bonus paid to finance director Earl Sibley.
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 TSB customers were robbed of their life savings after IT debacle 23 May 3:33pm Updated TSB customers were robbed of their life savings after IT debacle
Daily Mail
Fraudsters stole the entire £1,600 in Tracey Best's TSB current account, leaving the mother from Woodbridge, in Suffolk, having to feed her family from tins in her kitchen cupboards.
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 FTSE LIVE: UK shares slide back from record high 23 May 12:27pm Updated FTSE LIVE: UK shares slide back from record high
Daily Mail
The FTSE 100 closed down 89.01 points at 7788.44, falling back after two consecutive record closes. Investors appear to be cashing in on the sharp rises to bank some profits.
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 London property market suffers worst annual slowdown since 2009 23 May 9:28am Updated London property market suffers worst annual slowdown since 2009
Daily Mail
Annually the value of homes was still growing however, with  an increase of 4.2 per cent on March 2017 taking the average price up to £224,000.
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 GoldenEye Aston Martin DB5 film car to go under the hammer for £1.6m 23 May 8:46am Updated GoldenEye Aston Martin DB5 film car to go under the hammer for £1.6m
Daily Mail
It's the very car used in the famous opening chase scene of the '90s Bond movie, where 007 dices with arch villainess Xenia Onatopp in her Ferrari 355 through the hills above Monaco.
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 Customers of high street banks face huge unauthorised overdraft fees 23 May 8:27am Customers of high street banks face huge unauthorised overdraft fees
Daily Mail
In the worst case Santander customers are charged £179 for using a £100 overdraft for 30 days. According to Which? banks earn some £1.2bn a year from unauthorised overdraft fees.
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 London property market suffers worst annual slowdown since September 2009 23 May 6:36am London property market suffers worst annual slowdown since September 2009
Daily Mail
Annually the value of homes was still growing however, with  an increase of 4.2 per cent on March 2017 taking the average price up to £224,000.
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23 May 5:42am Updated Inflation falls faster than expected to 2.4% to boost wages
Daily Mail
Consumer Price Inflation (CPI) was 2.4 per cent in April, down from 2.5 per cent in March. Analysts had expected the rate to hold steady.
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 Marks & Spencer announces 62 per cent fall in annual pre-tax profits 23 May 5:29am Marks & Spencer announces 62 per cent fall in annual pre-tax profits
Daily Mail
The profits were dragged down by £321.1million in costs linked to a store closure programme. But when adjusted, with costs stripped out, pre-tax profit fell 5.4 per cent to £580.9million.
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 Primark to become biggest clothes retailer in Britain 23 May 4:04am Updated Primark to become biggest clothes retailer in Britain
Daily Mail
Figures from analysts at Global Data suggest M&S’s market share by the end of 2018 will be 7.6 per cent, while Primark’s will be 7 per cent.
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 How you can profit from the rise of talking fridges, smart doorbells 23 May 4:03am How you can profit from the rise of talking fridges, smart doorbells
Daily Mail
Welcome to the smart-home revolution. Within a few years, experts expect most new household appliances will be controlled by our phones and be able to 'talk' to one another.
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 Families whose council tax has soared by 563% while their public services have gone to pot 23 May 3:40am Families whose council tax has soared by 563% while their public services have gone to pot
Daily Mail
In Wellingborough in Northamptonshire, a property in band D - the most common council tax bracket - was charged £245 a year in 1993. Now, the annual bill is £1,625.
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 4 in 10 councils force residents to go online to claim vital tax perks 23 May 3:34am Updated 4 in 10 councils force residents to go online to claim vital tax perks
Daily Mail
Research by charity Age UK has found that four in ten councils are telling the elderly and vulnerable that they must go online to claim housing benefit or a reduction in their council tax.
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 Virgin Media overcharged customers early termination fees 23 May 3:16am Updated Virgin Media overcharged customers early termination fees
Daily Mail
The watchdog launched a formal investigation into the telecoms giant last summer into the fairness of its terms and conditions after receiving scores of complaints from customers.
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 Marks & Spencer announces a 62 per cent fall in annual pre-tax profits to £66.8million 23 May 3:14am Marks & Spencer announces a 62 per cent fall in annual pre-tax profits to £66.8million
Daily Mail
The profits were dragged down by £321.1million in costs linked to a store closure programme. But when adjusted, with costs stripped out, pre-tax profit fell 5.4 per cent to £580.9million.
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23 May 2:42am Updated FTSE 100 index sets new record as it marches towards landmark 8,000 level
Daily Mail
The FTSE 100 ended the day 18.3 points or 0.23 per cent higher at 7877.5 after breaching 7,800 for the first time yesterday..
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 2220 people a day opened an account with Nationwide last year  22 May 7:26pm 2220 people a day opened an account with Nationwide last year 
Daily Mail
Joe Garner, chief exec, of Britain’s biggest building society, said more than 40 per cent of new accounts opened in the year to April were set up by customers who physically visited branches.
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 How to create a dining room that could sell your home 22 May 7:02pm Updated How to create a dining room that could sell your home
Daily Mail
If you are selling your home you're missing a trick if you have a separate dining room or area and do not show it off to its full potential, say property design experts and estate agents.
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