Private equity firm CVC seeks to cash in on the Covid fight

Private equity firm CVC seeks to cash in on the Covid fight by investing in firms running the vaccine rollout By Daily Mail City & Finance Reporter Published: 22:04 GMT, 17 February 2021 | Updated: 22:04 GMT, 17 February 2021 CVC Capital Partners has reportedly snapped up stake in firms involved in running the computer … Read more

Boss of Grenfell Tower cladding supplier admits firm told ‘misleading half truth’ about safety

Boss of Grenfell Tower cladding supplier admits firm told ‘misleading half truth’ by failing to reveal how one of its products failed fire safety test Arconic’s Reynobond PE cladding came in two variants – ‘cassette’ and ‘rivet’  ‘Cassette’ panels failed a ‘disastrous’ fire test, but certifiers were not informed It was later installed on Grenfell … Read more

RAF backs British firm to develop modular aircraft’ that can change from trainer to fighter

The Royal Air Force has backed a British firm to develop a new aircraft that can be converted from basic trainer to aggressive fighter by swapping engines and wings. Suffolk based Aeralis was given £200,000 by the RAF to develop its ‘modular’ two -seater aircraft that will come in one of three variants depending on … Read more

Takeaway firm is slammed over its £20 Valentine’s Day doughnut boxes that arrived ‘greasy and cold’

Takeaway firm is slammed over its £20 Valentine’s Day doughnut boxes after customers were sent ‘inedible’ treats that arrived ‘greasy and stone cold’ Doughnut boxes from takeaway in Plymouth were put on offer for February 14  Toria Mackay said she felt ‘ripped off’ after ordering box as gift for her boyfriend Other customers who left … Read more

As Woodford launches a new firm, savers are still waiting for answers

Disgraced fund manager Neil Woodford is still under investigation by the City watchdog – but that hasn’t stopped him setting up an investment firm in a bid to revive his career. Woodford’s original investment empire collapsed in 2019 and since then, savers who entrusted him with their money have lost at least £1billion. That is … Read more

SMALL CAP SHARE IDEAS: Telehealth firm Medica Group

While Covid has been an unwelcome interruption for international teleradiology specialist Medica Group, the company has still been able ‘to take great strides in executing on its strategy and the growth potential of the business remains strong’, says Stuart Quin, chief executive. Pre-lockdown, Medica fleshed out plans to double revenues in five years. It said … Read more

Hotel quarantine will force rigs to close, says oil drilling firm

British workers on South American oil rigs lobbying Government for exemption from new hotel quarantine By Harriet Dennys, Financial Mail On Sunday Published: 21:50 GMT, 13 February 2021 | Updated: 21:50 GMT, 13 February 2021 British workers on South American oil rigs are lobbying the Government for an exemption from the new hotel quarantine rules … Read more

Swiss firm Yasava offers private jet cabin upgrades that include covering the walls in OLED screens

Will passenger plane windows become obsolete? Firm offers cabin upgrades that include covering the walls in giant OLED screens that display movies and landscapes The concept has been developed by Swiss design company Yasava, which customises private jet interiors  It says the OLED screens come in various sizes and can be fitted over windows on … Read more

Pension scam victims pay thousands to firm hired to rescue their cash 

Huge hit: David Rhodes was charged £90,000 to rescue his £157,000 pension from fraudsters Pension scam victims have lost millions of pounds more to the government-appointed trustees hired to get their money back. The Mail previously revealed how tens of thousands of savers had lost up to £10 billion in rogue schemes that looked safe because … Read more

Next stop Yorkshire: Local firm picked to build Siemens train factory 

Next stop Yorkshire: Local construction firm picked to build Siemens new train factory By Francesca Washtell For The Daily Mail Published: 23:12 GMT, 9 February 2021 | Updated: 23:12 GMT, 9 February 2021 Siemens has picked a Yorkshire construction company to build its new train manufacturing plant in East Riding. GMI Construction Group beat off … Read more