Financial news

• Don't be fooled, this is a false dawn for the property market | Larry Elliott

  27-08-2019 18:58
  Competition to sell mortgages is strong, but vendors are in no mood to cut and runThese are tough times to be an estate agent. A period of rocketing prices in the middle of the decade has made residential property expensive. Buyers are unable or unwilling to pay the prices demanded by sellers and with unemployment low sellers feel in no need to adjust their expectations downwards.The result is a flat market with next to no house price inflation. Or so it seemed before the release of the latest U
  
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• Virgin does nothing ... and charges me my week’s pension

  27-08-2019 08:00
  I gave 30 days’ notice to cancel my contract and then I was billed for £140 as if nothing had happenedI am not being allowed to leave Virgin Media although my contract expired last year and I gave the required 30 days’ notice in June both by telephone and in writing.Instead of acting on my instructions they continued to send me bills now amounting to £140 as if nothing has happened. Continue reading...
  
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• Ferdinand Piech, Porsche patriarch and VW saviour, dies at 82

  27-08-2019 02:07
  Brilliant engineer ranks with Henry Ford and Gottleib Daimler for transforming struggling Volkswagen into world-beater Ferdinand Piech, the Porsche family patriarch who transformed Volkswagen from a struggling carmaker into a global powerhouse, has died at the age of 82.Piech, the grandson of sports car and VW Beetle pioneer Ferdinand Porsche, died on Sunday in Rosenheim, Bavaria, his wife said. Continue reading...
  
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