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Electric vehicle tech firm REE Automotive to create 200 high-skilled jobs at new engineering centre in Warwickshire REE Automotive said it would invest about £66m and create around 200 jobs It added that it plans to establish 15 ‘integration centres’ across the globe REEcorner and REEboard are the company’s two main technologies By Harry Wise For … Read more
Tax rises look ‘more likely than ever’ in future years as the Government’s spending splurge amid the pandemic rolls on, the Institute for Fiscal Studies has warned. The IFS said Chancellor Rishi Sunak is likely to need to raise an additional £60billion via taxes over the coming years. But, with Britain’s economy facing an ‘extraordinarily’ … Read more
Former JP Morgan star is Britain’s cryptocurrency queen after making a £360m personal fortune By Daily Mail City & Finance Reporter Published: 21:50 GMT, 15 February 2021 | Updated: 08:22 GMT, 16 February 2021 A British woman who created the credit default swap has emerged as one of the world’s richest cryptocurrency and blockchain tycoons. … Read more
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
Fresh anger over Neil Woodford’s comeback as he is still being probed over his former fund’s collapse By Lucy White For The Daily Mail Published: 21:50 GMT, 15 February 2021 | Updated: 21:53 GMT, 15 February 2021 Neil Woodford’s return to fund management has sparked incredulity among MPs, peers and campaigners. The fallen star is … Read more
Rolls-Royce appoints a former Deloitte partner as its new finance chief as it seeks to rebound from the Covid crisis By Francesca Washtell For The Daily Mail Published: 21:51 GMT, 15 February 2021 | Updated: 21:51 GMT, 15 February 2021 Rolls-Royce has picked a former partner at Deloitte to be its finance boss as it … Read more
Stock markets soar around the world as shares in hospitality and travel firms get a vaccine boost By Daily Mail City & Finance Reporter Published: 21:51 GMT, 15 February 2021 | Updated: 21:51 GMT, 15 February 2021 Global stock markets made a flying start to the week amid renewed optimism that the pandemic can be … Read more
Billionaires seize control of UK’s largest pubs group: Caribbean-based tycoons ride to rescue of Mitchells & Butlers By Tom Witherow For The Daily Mail Published: 21:51 GMT, 15 February 2021 | Updated: 21:51 GMT, 15 February 2021 A group of super-rich tycoons based in the Caribbean has seized control of Britain’s biggest listed pub chain. … Read more
MARKET REPORT: Oil heats up on a Texan chill and a vaccine roll out that looks set to lift many countries out of recession By Francesca Washtell For The Daily Mail Published: 21:51 GMT, 15 February 2021 | Updated: 21:51 GMT, 15 February 2021 A cold snap in Texas and the rollout of Covid vaccines … Read more
Former JP Morgan star is Britain’s cryptocurrency queen after making a £360m personal fortune By Daily Mail City & Finance Reporter Published: 21:50 GMT, 15 February 2021 | Updated: 21:50 GMT, 15 February 2021 A British woman who created the credit default swap has emerged as one of the world’s richest cryptocurrency and blockchain tycoons. … Read more