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Inflation rises on the back of higher prices for cauliflowers, fish fingers and crisps By Daily Mail City & Finance Reporter Published: 22:03 GMT, 17 February 2021 | Updated: 22:03 GMT, 17 February 2021 Inflation bites: Fish fingers are among the foods which have gone up in price UK inflation rose last month on the … Read more
Hargreaves Lansdown shares slide after co-founder Peter Hargreaves offloads another £300m of his stake in the firm The share sale takes Hargreaves’s total ownership in the firm to less than 20% Co-founder Stephen Lansdown has also downsized his stake in Hargreaves Twelve months ago, Peter Hargreaves sold shares worth about £550m By Harry Wise For … Read more
It’s fair to say that the shipbuilding town of Greenock in west Scotland is not renowned for being a fertile stomping ground for the world’s wealthiest elite. Monaco it is not. Yet, Greenock is the place where school dropouts turned business powerhouses Sandy and James Easdale were raised, and they’ve got quite a tale to … Read more
British American Tobacco adds three million more vaping and oral product users as sales of tobacco continue to plunge BAT’s revenues dipped 0.4% to £25.78bn, partly due to falling tobacco demand The group is aiming to achieve £5billion in sales from new categories by 2025 Travel curbs and South Africa’s temporary ban on tobacco sales hit … Read more
Astrazeneca boss Pascal Soriot scooped £15.4million in pay last year – taking his earnings to almost £90million since he took the reins at the British drug maker nine years ago. The chief executive’s 2020 package, his biggest yet, is up from £15.3million the previous year. It comes after his decision to join forces with Oxford … Read more
The City watchdog is facing a furious backlash over its handling of the Neil Woodford savings scandal. As the disgraced fund manager prepares to make an audacious comeback, the Financial Conduct Authority (FCA) has been accused of ‘dragging its feet’ over its investigation into the implosion of his investment empire. And campaigners, MPs and peers … Read more
Mining giants promised bumper payouts to investors after a surge in commodity prices that has fuelled talk of a new ‘supercycle’. BHP will pay shareholders a record half-year dividend of 72p per share after a rally in iron ore prices helped profits rise 17 per cent to £7billion. It means that the world’s biggest miner … Read more
Former CBI chief Dame Carolyn Fairbairn lands HSBC job just a week after joining BAE By Daily Mail City & Finance Reporter Published: 22:02 GMT, 16 February 2021 | Updated: 22:02 GMT, 16 February 2021 In demand: Dame Carolyn Fairbairn is being lines up to join the board of HSBC Dame Carolyn Fairbairn is set to … Read more
Bitcoin hits $50,000 for the first time: Cryptocurrency continues to soar as mainstream appeal grows By Daily Mail City & Finance Reporter Published: 22:02 GMT, 16 February 2021 | Updated: 22:02 GMT, 16 February 2021 Bitcoin hit $50,000 for the first time as the cryptocurrency continued to enjoy explosive growth. The milestone takes gains this … Read more
Serco hoping to go into space after snapping up US defence contractor Whitney, Bradley & Brown for £212m By Daily Mail City & Finance Reporter Published: 22:00 GMT, 16 February 2021 | Updated: 22:00 GMT, 16 February 2021 Serco said its takeover of Whitney, Bradley & Brown could open the door to the Pentagon Outsourcer Serco … Read more