Pound hits highest level in almost three years amid vaccine optimism

Pound hits highest level in almost three years as optimism about the vaccine rollout grows By Daily Mail City & Finance Reporter Published: 21:50 GMT, 15 February 2021 | Updated: 21:50 GMT, 15 February 2021 Sterling rose above $1.39 for the first time since April 2018 The pound hit its highest level in almost three … Read more

Investing in tech could give UK economy a £232bn boost, says report

Digital technology investment could boost the economy by £232bn over the next 20 years, reseacrh finds Tech investment in health and social care alone could add £33bn to UK GDP  Starting investment early could add £74billion to Britain’s economy by 2025 Covid-19 has accelerated flexible working and the delivery of digital services By Harry Wise … Read more

Vantage Towers grows sites portfolio to 82,000

Vodafone’s Vantage Towers subsidiary grows portfolio to 82,000 sites ahead of expected £2.6bn listing Vantage announced a partnership with the IoT services firm Sigfox Germany Vodafone’s revenues dipped by 4.7% to just below £10bn in the third quarter Vantage said it expects to hit its full-year earnings target of £454m to £463m  By Harry Wise … Read more

Invest now or the North will pay high price, warns L&G

L&G warns chasm between rich and poor households will widen after pandemic unless Government marshals an infrastructure investment boom By Lucy White And Matt Oliver For The Daily Mail Published: 00:01 GMT, 15 February 2021 | Updated: 00:01 GMT, 15 February 2021 The chasm between rich and poor households will widen after the pandemic unless … Read more

Court to rule on Huawei heiress Meng Wanzhou

Judge expected to rule within days on court battle between HSBC and Chinese telecoms heiress Meng Wanzhou over secret documents By Daily Mail City & Finance Reporter Published: 21:50 GMT, 14 February 2021 | Updated: 21:54 GMT, 14 February 2021 A judge is expected to rule within days on a court battle between HSBC and … Read more

City watchdog launches crackdown on cryptocurrency firms

City watchdog launches crackdown on cryptocurrency firms amid explosion of interest from investors By Daily Mail City & Finance Reporter Published: 21:50 GMT, 14 February 2021 | Updated: 21:52 GMT, 14 February 2021 The City watchdog has launched a crackdown on cryptocurrency firms amid an explosion of interest from investors.  In the year to June … Read more

Burberry repays Bank of England loan on Chinese sales boost

Burberry repays Bank of England loan after a sales bounce-back in China By Daily Mail City & Finance Reporter Published: 21:50 GMT, 14 February 2021 | Updated: 21:50 GMT, 14 February 2021 Boost: Burberry’s online sales in China grew by a ‘triple digit’ percentage in the third quarter Burberry has repaid its Bank of England loan … Read more

BA boss Sean Doyle in plea to PM: You MUST save our summer breaks

The boss of British Airways has urged Boris Johnson to commit to lifting the tough restrictions on international travel to save the summer holiday season.  In a letter sent to the Prime Minister on Friday, BA’s chief executive, Sean Doyle, blasted the Government’s ‘uncertainty’ and ‘mixed messaging’ over whether summer holidays are possible this year.  He … Read more

One in five beauty salons could fold by April

One in five beauty salons and hairdressers could fold by April without further support By Harriet Dennys, Financial Mail On Sunday Published: 21:51 GMT, 13 February 2021 | Updated: 10:59 GMT, 14 February 2021 One in five beauty salons and hairdressers could fold by the spring without further support, a stark industry report has warned. … Read more

BT boss reveals bold plan to take on giants like Apple

Philip Jansen is acutely aware how vital the internet has become during the pandemic. Whether it has been Zoom calls for work or for staying in touch with friends, or evening entertainment on BBC iPlayer and Netflix, the BT chief executive has been at the heart of the telecoms industry’s mission to keep the country’s … Read more