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Surge in scams as fraudsters cash in on desperate savers

Fraudsters are cashing in on savers desperate for a decent return on their money after the stock market plunged and interest rates plummeted. Reports of investment scams soared 49 per cent to a record high last month, figures from Barclays revealed. Scams relating to bitcoin and cryptocurrency are increasingly prevalent …

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Marriott faces High Court showdown over data hack that affected 339m

Marriott International is being sued in the High Court for a massive data hack that affected 339m people. Martin Bryant, 41, a technology journalist from Manchester, is claiming compensation on behalf of up to 7m guests of Starwood Hotels from England and Wales. Fraudsters harvested data including guests’ credit card …

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HSBC shoots down Bank of England’s optimism over the economy

Britain’s biggest lender has taken issue with predictions from the Bank of England that the economy may recover to pre-coronavirus levels by the end of 2021. HSBC has slashed its own expectations for the UK’s recovery, putting it at loggerheads with the Bank of England’s chief economist Andy Haldane. On …

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It’s lift off! Elon Musk’s SpaceX is now worth £35bn

Elon Musk’s rocket company SpaceX has been valued at $46billion (£35million) after a new round of fundraising. The firm, which this year became the first private enterprise to send humans into space, raised £1.4billion from investors, according to regulatory filings. It is the largest single fundraising round to date by …

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US tech giants soar by $2.5trillion in 2020

America’s technology giants have added nearly $2.5 trillion to their market values this year – an astonishing rally worth almost as much as the entire UK economy. Despite the economic impact of the coronavirus crisis, Facebook, Apple, Amazon, Netflix, Google parent Alphabet, Microsoft and Tesla have surged higher as their …

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Ten tips for buy-to-let: Essential advice for property investment

Ten tips for buy-to-let: the essential advice for property investors Our buy-to-let guide explains the essentials of property investment Regularly update guide explains how to assess investments and make a profit Learn about the best locations to invest in property, buy-to-let mortgages, rental yields and what tax changes mean for …

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How much money do I need to save for my pension?

The amount you can save into a pension ultimately depends on what you can afford – but the longer you leave it the more you will need to save. Research regularly shows that we put ambitious targets on our hoped for income in retirement and then underestimate how much we …

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