Breaking news
Rishi Sunak has that rare quality among politicians of sounding as though he means what he says. Using the jargon, he comes across as authentic and his enthusiasm makes him immensely likable. Even his nickname, Dishi Rishi, is complimentary rather than derogatory. Again, rare for a politician. Tough call: Chancellor Rishi Sunak admits there is hardship ahead … Read more
It is too early to bring out the champagne, but a big slice of British industry is back in business. Factory output rose in July at its fastest rate since November 2017, giving fresh hope the economy is moving towards a V-shaped recovery. Pollster YouGov’s consumer confidence indicator has also shot up into positive territory … Read more
MAGGIE PAGANO: Should big tech behemoths be broken up like Theodore Roosevelt axed Standard Oil and telephone companies in the 1920s? Or can their power be reined in? By Maggie Pagano For The Daily Mail Published: 21:57 BST, 31 July 2020 | Updated: 21:57 BST, 31 July 2020 While much of corporate America, from airlines … Read more
Britain’s public finances are in a mess. The debt is greater than the size of the economy after the Government borrowed a record amount in May to save the country from collapse. The latest Office for National Statistics figures show the UK borrowed around £55.2billion in May, about nine times more than the same month … Read more
When the British government abolished slavery in 1833, around 47,000 individuals involved in the slave trade were compensated for the ‘property’ they had lost overseas. The property in question referred to the men, women and children whom they owned as slaves, as well as the plantations. To compensate for their loss of slaves, the UK … Read more
BP’s new boss Bernard Looney must be powered by rocket fuel, looking at the speed at which he is rejigging the oil giant. Within days of taking over as chief executive in February, he revealed grand plans for BP to become zero carbon by 2050. That was in the BC – or Before Covid – … Read more
MAGGIE PAGANO: Should Sunak bail out major employers like foreign-owned Jaguar Land Rover? By Maggie Pagano For The Daily Mail Published: 21:51 BST, 25 May 2020 | Updated: 08:35 BST, 27 May 2020 Rishi Sunak won many plaudits for moving so swiftly to pump billions of pounds into the economy to save Britain from going … Read more
When one of France’s richest men, Bernard Arnault of LVMH, went to the corporate bond markets last week to raise around €9billion to help pay for his purchase of US jewellers Tiffany, he made his company even richer. He raised this new debt over a range of bond maturities from two to 11 years, with … Read more
MAGGIE PAGANO: The High Street is turning into a tale of two halves with customers chasing either value for money or quality By Maggie Pagano For The Daily Mail Published: 21:50 BST, 10 January 2020 | Updated: 09:36 BST, 11 January 2020 One of the world’s top trend setters recently came up with the starkest … Read more
Oh dear! Marks & Spencer now has a skinny jeans problem. It was left with a jeans mountain because its buyers ordered far too many of its new ‘skinny and slims’ ranges, but also too few in larger sizes. That meant that loads of skinny fit jeans were left dangling on the sales racks. It … Read more