Klarna restricts lending rules during lockdown July 20, 2020 Fintech lender Klarna said it has tightened its lending criteria during the coronavirus pandemic. Its vice president Luke Griffiths said Klarna is only accepting new customers that it believes will repay on time, and is increasing the frequency with which it reviews its acceptance criteria. “[Klarna’s] default rate is less than one per cent and [...]
Commercial struggles offer open skies to private jet operators April 7, 2021 The global collapse of aviation over the past year has for the most part been one long unrelenting nosedive, with the occasional moment of levelling out as much-needed respite. As in most crises, however, there are both winners and losers, and though the big commercial airlines clearly fall into the latter category, an unlikely group [...]
Eve Sleep narrows loss as post-Covid sales bounce back September 15, 2020 Mattress maker Eve Sleep today reported a narrower loss in the first half of the year as it hailed a strong improvement in trading since April. The figures Eve Sleep reported revenue of £12.2m in the six months to the end of June, down five per cent on the same period last year. Statutory loss [...]
Regulators target football fans in pension scam awareness campaign August 25, 2020 Regulators are targeting football fans in a new campaign intended to raise awareness of pension scams, with over £30m reportedly lost to scammers since 2017. Reported losses range from under £1,000 to as much as £500,000, according to the Financial Conduct Authority (FCA) and The Pensions Regulator (TPR) with the average victim being a man [...]
Toyota Yaris Cross Hybrid review: bang on the zeitgeist June 29, 2021 The new Toyota Yaris Cross takes an award-winning small car and makes it larger. Tim Pitt is among the first to drive it.
Land Rover Defender Hard Top review: The van that can July 24, 2021 The best selling car so far in 2021 is… a van. The Ford Transit Custom is currently beating the Vauxhall Corsa in the SMMT sales rankings – and by a clear margin of several thousand, too. ‘Building back better’ clearly means a focus on vehicles driven by people who build or make stuff – and now Land Rover is getting in on [...]
How London Marathon Events has adapted to the pandemic October 7, 2021 This article first appeared in ICAS’ CA magazine. Stephen Dell CA tells Cherry Casey how London Marathon Events has adapted to the pandemic – and why its return to full strength means more than just one day’s race for glory. There are few one-day sporting events as iconic as the London Marathon. Created in 1981 by [...]
Matt Hancock sets target of 100,000 coronavirus tests a day by end of April April 2, 2020 The government has struck a deal to work with the private sector and universities to reach a tenfold increase in daily coronavirus tests by the end of the month. Health secretary Matt Hancock unveiled a five-point plan at today’s daily press briefing to increase testing rates to 100,000 tests per day in just a few [...]
UK retailers warn shoppers face price hikes if no EU trade deal agreed July 10, 2020 Britain’s retail industry has warned that consumers could face higher prices next year if the UK is unable to reach a tariff-free EU trade deal. The British Retail Consortium said the industry could not absorb the additional costs of tariffs, meaning the hike in prices would be passed on to consumers whose finances have already [...]
John Lewis may convert department stores into affordable housing July 30, 2020 John Lewis is considering converting some of its store estate into housing in an attempt to strengthen its services business as the high street battles the impact of the coronavirus crisis. The retailer, which owns the department store chain and Waitrose, said it is exploring the concept of new mixed-use affordable housing with third parties. [...]