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How bad can it get? That’s the question on the lips of investors, from the largest Wall Street operators to the most modest pension saver. It may seem unfeeling, even callous, to think about money when people’s lives and health are in jeopardy. But think about it we must. Millions of people who just a … Read more
Nissan mothballs UK biggest car plant: Sunderland factory employs some 6,000 workers By Daily Mail City & Finance Reporter Published: 00:26 GMT, 18 March 2020 | Updated: 00:26 GMT, 18 March 2020 Nissan has mothballed the biggest car plant in the UK as the Covid-19 outbreak wreaks havoc. Production at the giant factory in Sunderland, … Read more
For the millions of people whose travel plans have been thrown into disarray by coronavirus, pleas from Virgin Atlantic for a multi-billion-pound taxpayer bailout will be greeted with deep distrust. Galling as it is, however, the Government should stand ready to rescue the industry in order to get through the immediate crisis and to help … Read more
RUTH SUNDERLAND: Coronavirus raises the potentially explosive problem of dodgy corporate debt By Ruth Sunderland for the Daily Mail Published: 22:00 GMT, 15 March 2020 | Updated: 22:00 GMT, 15 March 2020 Charting the right economic course through the coronavirus is almost as difficult as calibrating the right medical response. The two, of course, are … Read more
Who would be in Rishi Sunak’s shoes? The young Chancellor – he is yet to turn 40 –has only been in Number 11 for about a month, after the previous occupant unexpectedly resigned. No wonder he has been fortifying himself with cups of strong Yorkshire Tea. By all accounts he is a sharp and impressive … Read more
Nissan backs Brexit Britain by ploughing £400m into its Sunderland car plant By Francesca Washtell For The Daily Mail Published: 21:50 GMT, 6 March 2020 | Updated: 23:36 GMT, 6 March 2020 Nissan is ploughing £400million into its Sunderland car plant in a vote of confidence in Brexit Britain. The Japanese car maker yesterday unveiled … Read more
RUTH SUNDERLAND: Global markets will ride out the coronavirus crisis Global stock markets have fallen to their worst levels since 2016 China’s supply chain dominance makes the epidemic more problematic than SARs, as China only accounted for 5% of world economy in 2003 Markets will bounce back but investors will have to be patient By Ruth Sunderland … Read more
Markets were still reeling yesterday following the turmoil on Monday due to fears over coronavirus, and we are not out of the woods, either in terms of the health crisis or as investors. No one, not even the world’s leading epidemiologists, knows how this is going to unravel. What we do know is that coronavirus … Read more
If the new Chancellor Rishi Sunak wants to appeal to Tory voters in the shires and the new converts in the Red Wall seats of the North, he should use his first Budget to end the war of attrition on savers. Thrift and personal responsibility are at the core of Conservative values. They are also … Read more
British banking is at a tipping point. Twelve years on from the financial crisis, the Big Four lenders have survived but neither their share prices nor their reputations have recovered. And now, with Brexit, only one has a settled boss in place – and she has only just been appointed. The leadership of the other … Read more