Treasury loses more than £2.5billion in fuel duty payments due to dramatic drop in car use during lockdown By Daily Mail City & Finance Reporter Published: 21:51 BST, 19 June 2020 | Updated: 21:51 BST, 19 June 2020 The Treasury has lost £2.5bn in fuel duty under lockdown The lockdown has cost the Treasury more … Read more
MILTON GLOBAL OPPORTUNITIES: A quirky trust that only invests in other London-listed trusts By Daily Mail City & Finance Reporter Published: 21:51 BST, 19 June 2020 | Updated: 21:51 BST, 19 June 2020 What is it? An unusual trust that only invests in other investment trusts listed on the London Stock Exchange and the managers think … Read more
Fresh row hits tainted UK Finance: Ex boss accused of sorting ‘questionable’ £2bn loan as Barclays fought to avoid a Government bailout in 2008 By Tom Witherow For The Daily Mail Published: 21:51 BST, 19 June 2020 | Updated: 21:51 BST, 19 June 2020 The former boss of UK Finance embroiled in a sexism row … Read more
Tesco facing investor revolt over pay rules after departing boss is handed a controversial bonus boost By Daily Mail City & Finance Reporter Published: 21:51 BST, 19 June 2020 | Updated: 21:51 BST, 19 June 2020 Tesco is facing an investor revolt over a controversial decision to change its pay rules and hand outgoing boss … Read more
DIRECTOR DEALS: Talk Talk board member Roger Taylor splashes £1.4m on company shares By Daily Mail City & Finance Reporter Published: 21:50 BST, 19 June 2020 | Updated: 21:50 BST, 19 June 2020 Talk Talk board member Roger Taylor spent £1.4million buying stock in the telecoms group. The former Carphone Warehouse boss bought 1.5m shares … Read more
PUNT OF THE WEEK: Pig and cattle breeder Genus hits an all time high as it targets Chinese farmers By Daily Mail City & Finance Reporter Published: 21:50 BST, 19 June 2020 | Updated: 21:50 BST, 19 June 2020 What is it? Genus breeds pigs and cattle with the best genes for providing high-quality meat and … Read more
MARKET REPORT: Hyve Group’s shares buzz after conference and trade show organiser wins insurance payout for Covid cancellations By Francesca Washtell For The Daily Mail Published: 21:50 BST, 19 June 2020 | Updated: 21:50 BST, 19 June 2020 Conference and trade show organiser Hyve Group has been forced to cancel the biggest event in its … Read more
Volkswagen’s second model in its standalone all-electric ID range has been revealed in error by the Chinese government. Leaked pictures of the production-ready ID.4 SUV have been posted online after they were issued by VW to China’s Ministry of Industry and Information Technology – a process that all car firms must follow to gain type … Read more
Are banks triggering a mortgage credit crunch? This is Money’s podcast on the coronavirus-hit property market By This Is Money Published: 15:56 BST, 19 June 2020 | Updated: 16:01 BST, 19 June 2020 Banks and building societies have been slashing their mortgage ranges for those with smaller deposits. The number of mortgages available for those … Read more
There has been ‘rampant fundraising activity’ on AIM this year, and the junior market has been well and truly open for business during lockdown, according to data compiled by City broker Allenby. Indeed, since the lows of mid-March, activity levels are at their highest in recent memory, it added. A total of £2.4billion has been … Read more