Hargreaves’ shares plunge after co-founder sells £300m stake

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

Photographers take the plunge as their best oceanic images battle it out in underwater contest 

This incredible octopus selfie beat a snap off a smiling croc and other stunning underwater shots to be crowned king of the creatures of the deep. The up-close photo of an octopus was so highly rated by judges it was named overall winner of the prestigious Annual Ocean Art Underwater Photo Contest. The once-in-a-lifetime photo … Read more

Mystery plunge in coronavirus cases in India baffles experts

Scientists are trying to work out why coronavirus cases in India are falling when at one point it looked like the country might overtake the US as the worst-hit nation. In September the country was reporting some 100,00 new cases per day, but that went into decline in October and is now sitting at around … Read more

Covid infections continue to plunge as UK records another 10,972 cases

Britain has recorded a further 10,972 Covid cases today – down 31 per cent on last Sunday. In a positive sign for Boris Johnson’s ‘roadmap’ out of lockdown, today’s daily case load is almost a third smaller than the 15,845 reported this time last week. Today’s death toll of 258 has also decreased week-on-week, with the figure standing … Read more

MARKET REPORT: Shares in airline Jet2 plunge

Shares in airline Jet2 plunged yesterday as it announced a £422m share issue to help the business ride out the pandemic.  Bosses said the new equity gave it enough liquidity to see it through an extended and unpredictable shutdown, but maintained a cautious approach to the 2021 summer season.  The new shares, at a price … Read more

Rents in London could plunge by a FIFTH

Rents in the Capital could plunge and house prices fall amid a ‘mass exodus’ of workers during the coronavirus pandemic, experts have predicted.  A sudden drop in the population of the UK last year has led to a huge rise in vacancy rates in the London and Midlands rental markets, according to analysis by Capital Economics.   … Read more

Peloton posts $1 BILLION sales for second quarter but shares plunge 8%

Peloton has posted $1 billion in sales for its fiscal second quarter and increased its sales outlook for 2021 to $4 billion as gym enthusiasts continue to turn to the at-home fitness equipment maker while the pandemic rumbles on. The company announced its second quarter fiscal 2021 financial results Thursday recording quarterly sales growth of 128 … Read more

Day of reckoning for the Reddit brigade as Gamestop and silver plunge

Day of reckoning for the Reddit brigade: Gamestop shares plunge and silver slammed into reverse as rebel investors run out of puff By Mark Shapland For The Daily Mail Published: 22:56 GMT, 2 February 2021 | Updated: 22:56 GMT, 2 February 2021 Shares in Gamestop plunged and silver slammed into reverse as rebellious retail investors … Read more

Temperatures will plunge to minus 15C tonight with eight inches of snow and MORE rain on way

Britain has been hit 82 flood warnings as treacherous icy conditions are expected tomorrow with a yellow weather warning in place as temperatures plunge to -15C tonight with eight inches of snow expected across highest areas. Temperatures are set to plummet to -6C overnight in England with the potential for the mercury to fall to between … Read more

Britain’s Covid cases plunge for another day – down 31% in a week to 23,275

The UK’s Covid cases have plunged yet again after 23,275 people tested positive today – down 30.6 per cent on last Saturday. In a positive sign that England’s third national lockdown is working, 10,000 fewer people tested positive today compared to the 33,552 cases on this day last week. Today’s daily death toll has plummeted as well, as … Read more