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Index-tracking funds are not allowed to jump the gun when it comes to guessing which stocks will get promoted or relegated but traders are under no...
The sun is shining on the FTSE 100 with the index receiving an early summer boost pushing it firmly above the psychologically important 7,000 mark.
Insurtech Hedvig Announces European Expansion, Starts in Denmark Sweden-based Insurtech Hedvig has announced an expansion across Europe starting with Denmark. Hedvig reports that hundreds of Danes have signed onto Hedvig’s waiting list for a new type of home insurance. The digital-first insurance platform claims that it can manage claims in about eight minutes. Hedvig says its revenue grew by 200% in 2o2o. To date, Hedvig has insured approximately €8 billion worth of homes and this figure is predicted to grow by about half a billion euros month over month for 2021. Hedvig shares that 8...
South London leaseholders caught up in the cladding scandal are selling their furniture to keep up with huge bills. The rapid spread of the 2017 Grenfell fire, which claimed 72 lives, was found to be caused by dangerous cladding. Now laws designed to make sure combustible cladding and other fire hazards are removed from buildings have left leaseholders facing tens of thousands of pounds in costs. Many of their homes are now unsellable as lenders will not offer mortgages until the cladding is removed. Some blocks were found to be so at risk after External Wall System ...
Outraged customers of Eyeglassesdepot sound like the victims of a man who’s already spent years in prison for terrorizing consumers.