Breaking news
Almost £100billion has been wiped off the FTSE 100 in just two days as the number of coronavirus cases surged in Europe. The FTSE 100 swung to a 12-month low yesterday as the first cases of the disease, known as Covid-19, were recorded in Austria, Switzerland, Croatia and mainland Spain. It came as more deaths … Read more
Hotel Chocolat founder slams ‘crazy’ rates regime with stores paying more on property tax than they do on rent By Daily Mail City & Finance Reporter Published: 23:42 GMT, 25 February 2020 | Updated: 23:42 GMT, 25 February 2020 The co-founder of Hotel Chocolat has demanded the Chancellor shake up the ‘crazy’ business rates system. … Read more
Now Business Secretary is dragged into Sirius row amid fears ordinary shareholders will be shut out of vote By Francesca Washtell For The Daily Mail Published: 23:42 GMT, 25 February 2020 | Updated: 23:42 GMT, 25 February 2020 The Business Secretary has been dragged into the Sirius Minerals takeover battle amid growing fears ordinary shareholders … Read more
Tesco has revealed 1,800 jobs could be cut in an overhaul of its bakeries as Britain buys less bread. The supermarket giant said that customers are buying fewer traditional loaves of bread and turning to wraps, bagels and flatbread instead, denting its traditional in-store bakeries. Tesco announced today that it will change its bakery space … Read more
Prudential could end 172-year presence in the UK as it comes under attack from billionaire US tycoon By Lucy White For The Daily Mail Published: 21:55 GMT, 24 February 2020 | Updated: 22:11 GMT, 24 February 2020 The boss of Barclays is preparing to stand down after a storm of controversy over his friendship with … Read more
British Steel rescue facing fresh delay amid reports £50m deal with Chinese buyer will not be sealed this week By Daily Mail City & Finance Reporter Published: 21:55 GMT, 24 February 2020 | Updated: 22:10 GMT, 24 February 2020 The British Steel sale faces fresh delays as sources insist a deal with Chinese buyer Jingye … Read more
Private equity giant Blackstone to pump billions into UK infrastructure projects By Matt Oliver For The Daily Mail Published: 21:55 GMT, 24 February 2020 | Updated: 22:10 GMT, 24 February 2020 One of the world’s biggest private equity firms is ready to pump billions of pounds into British infrastructure projects in a resounding vote of … Read more
Barclays’ chief could be out by end of 2021: Jes Staley ‘set to depart’ after storm over friendship with paedophile Jeffrey Epstein By Matt Oliver For The Daily Mail Published: 21:55 GMT, 24 February 2020 | Updated: 22:10 GMT, 24 February 2020 The boss of Barclays is preparing to stand down after a storm of … Read more
The coronavirus goldrush: Fears of a pandemic push prices of the precious metal to a 7-year high as investors scramble to protect their savings By Lucy White For The Daily Mail Published: 21:55 GMT, 24 February 2020 | Updated: 22:09 GMT, 24 February 2020 Panicked investors have pushed gold to an all-time high in sterling … Read more
Investors snapped up shares in biotechnology minnow Novacyt as the coronavirus edged closer to becoming a pandemic. AIM-listed Novacyt is selling a test for the infection that delivers a result in two hours and doesn’t need a doctor to oversee it. It was the first company to receive an approval for a Covid-19 test, meaning … Read more