Breaking news
Lender’s court bid tips troubled private hospital group NMC Health towards collapse By Lucy White For The Daily Mail Published: 21:50 BST, 6 April 2020 | Updated: 22:21 BST, 6 April 2020 A major lender to troubled NMC Health has filed to have the company put into administration. Abu Dhabi Commercial Bank (ADCB), which is … Read more
Thousands more workers furloughed as firms take up government’s offer to pay 80% of their wages By Matt Oliver For The Daily Mail Published: 21:50 BST, 6 April 2020 | Updated: 22:19 BST, 6 April 2020 Thousands of workers were furloughed yesterday as more companies jumped on the Government’s offer to pay 80 per cent … Read more
Defence giant Cobham adapts fighter jet oxygen system technology to build NHS ventilators By Francesca Washtell and Matt Oliver For The Daily Mail Published: 21:51 BST, 6 April 2020 | Updated: 21:51 BST, 6 April 2020 Cobham has become the latest business to join the effort to make ventilators for the NHS. The British defence … Read more
Now bosses ‘must feel the pinch’ on pay along with their workers… but some are already doing the right thing By Matt Oliver For The Daily Mail Published: 21:51 BST, 6 April 2020 | Updated: 21:51 BST, 6 April 2020 Pressure is mounting on firms to slash executive pay, with a leading fund manager saying … Read more
GlaxoSmithKline links up with US-based Vir Biotechnology to find a coronavirus vaccine By Daily Mail City & Finance Reporter Published: 21:51 BST, 6 April 2020 | Updated: 21:51 BST, 6 April 2020 GlaxoSmithKline has teamed up with a US biotech firm to develop potential vaccines and treatments for the coronavirus. Glaxo said it would collaborate … Read more
Frankie and Benny’s parent company Restaurant Group cuts bosses’ pay to help offset losses from closures Non-executive directors at the firm will see their earnings reduced by 40% The Carluccio’s restaurant chain has been an early casualty of the coronavirus Shares in the company rose 4 per cent to 37p following the update By Harry Wise For This … Read more
Exchange-traded fund specialist Will Rhind and his team launched GraniteShares in the US in 2016, and set it with a mandate to shake up the commodity investment space. It has very quickly grown into something much more than this, with £632million of assets under management and products listed in New York and London. ‘The great … Read more
The last 5 per cent savings deal in Britain has gone up in smoke, with Nationwide Building Society slicing the interest rate on its popular FlexDirect current account to 2 per cent from May. The move came in a series of cuts that decimated Britain’s biggest building society’s savings rates, with some legacy accounts now … Read more
Record number of energy firms collapsed in 2019: Could even more disappear this year and why are many struggling to survive? The number of energy firms that went bust last year highest number on record Marks is a 41% increase from 2018 when 17 companies ceased trading A competitive market and the energy price cap … Read more
How to invest in an Isa for the new tax year to profit in the good times AND protect against storms By James Norton For This Is Money Published: 13:05 BST, 6 April 2020 | Updated: 13:05 BST, 6 April 2020 James Norton, a senior investment planner, at Vanguard UK, explains how he has simplified … Read more