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Blameless fraud victims were handed back £41.3million by banks in the second half of last year, new figures reveal, as the percentage winning back some money doubled. But in a sign of the mounting risk to people’s finances losses to bank transfer and impersonation scams rose 29 per cent last year to £455.8million. The introduction of … Read more
Shares in Aston Martin hit a record low as losses ballooned to more than £100million and its finance boss quit. James Bond’s favourite car maker plunged 9 per cent, or 35.2p, to 355.8p after the latest dire update since it joined the stock market 18 months ago. It also warned that there could be a … Read more
Donald Trump told a business leader roundtable in New Delhi on Tuesday that, if he loses re-election in November, the stock market will ‘crash like you’ve never seen before.’ ‘If I don’t win, you’re going to see a crash like you’ve never seen before,’ he predicted. The president has made a strong U.S. economy the … Read more
Struggling fashion chain New Look sees losses narrow after shake-up despite another fall in sales By Daily Mail City & Finance Reporter Published: 23:08 BST, 11 February 2020 | Updated: 23:08 BST, 11 February 2020 Struggling fashion chain New Look has narrowed losses despite another fall in sales. It lost £1.2million in the first nine … Read more
EasyHotel reports losses despite strong booking numbers after new Ipswich hotel hit by £3million writedown Converting the listed building proved more complicated than first thought EasyHotel ended up taking a £3 million non-cash impairment on the hotel Despite the loss the budget hotel reported revenue growth of 56 per cent By Sara Scarlett For Thisismoney.co.uk Published: … Read more
Fresh Port Talbot jobs fears as Tata Steel’s Chandrasekaran says he will not ‘tolerate losses’ By A Daily Mail Reporter Published: 23:00 GMT, 5 January 2020 | Updated: 08:03 GMT, 6 January 2020 There were fresh fears for 4,000 Tata steel workers in Port Talbot after the boss of its Indian owner said he would … Read more
Caffe Nero owner to open dozens of new outlets despite growing losses By Daily Mail City & Finance Reporter Published: 23:59 BST, 15 December 2019 | Updated: 23:59 BST, 15 December 2019 The owner of Caffe Nero is poised to open 80 new outlets next year. The business, which also owns Harris + Hoole, Coffee … Read more