Stephen Marks moves a step closer to selling his struggling fashion company French Connection after receiving a £29m takeover offer By Francesca Washtell For The Daily Mail Published: 16:54 EDT, 23 September 2021 | Updated: 16:54 EDT, 23 September 2021 Stephen Marks has moved a step closer to selling his struggling fashion company French Connection … Read more
Don’t be naive about Evergrande, says HSBC chief Noel Quinn: Markets will feel the force of China crisis By Calum Muirhead For The Daily Mail Published: 16:51 EDT, 23 September 2021 | Updated: 16:51 EDT, 23 September 2021 The boss of banking giant HSBC has warned that the crisis at debt-laden Chinese property developer Evergrande … Read more
BUSINESS CLOSE: CBI warns of staff shortages hitting competitiveness; ‘No decision’ on break-up, says SSE; Tech sector raises £13.5bn; Home prices spike in South West; Gas crunch bites By This Is Money Published: 03:06 EDT, 20 September 2021 | Updated: 18:02 EDT, 20 September 2021 The FTSE 100 closed down 0.79 per cent, or 55.2 … Read more
The BoE could raise interest rates earlier than expected in the face of soaring in inflation, says HSBC boss CFO Ewen Stevenson predicts the base rate could start moving from mid-2022 The raise in interest rates would be welcomed by long-suffering savers The Bank of England slashed interest rates to a record low of 0.1% … Read more
Hollywood’s Sunset Studios has a new sister site – a £700m development in Broxbourne, Hertfordshire – the first the chain has built outside Tinseltown By Daily Mail City & Finance Reporter Published: 17:05 EDT, 1 August 2021 | Updated: 17:05 EDT, 1 August 2021 Hollywood’s Sunset Studios chain has a new sister site – in … Read more
Ryanair boss Michael O’Leary could be flying towards an £85m payout despite pandemic turbulence By Daily Mail City & Finance Reporter Published: 16:50 EDT, 1 August 2021 | Updated: 18:17 EDT, 1 August 2021 Ryanair boss Michael O’Leary could be flying towards an £85m payout despite pandemic turbulence. The businessman stands to bag the lucrative … Read more
One of Britain’s electricity grid operators pays billionaire owner £237m dividend for second year in a row By Daily Mail City & Finance Reporter Published: 16:50 EDT, 1 August 2021 | Updated: 16:50 EDT, 1 August 2021 One of Britain’s electricity grid operators has paid its billionaire Hong Kong owner a £237m dividend for the … Read more
As pandemic restrictions are lifted, Bank of England set to keep pumping money into economy despite fears of rising inflation The inflationary spike has put the Bank’s huge quantitative easing programme in the spotlight, with its monetary policy committee increasingly at odds over what to do next Having hit 2.5 per cent in June, inflation … Read more
Santander in turmoil as ‘next boss’ leaves: Mystery over shock departure of deputy chief – just 11 months after he joined as boss’s heir Tony Prestedge joined Santander last September on the understanding that he would succeed Nathan Bostock this year, according to sources His mysterious exit was being kept shrouded in secrecy by the bank, … Read more
House sales on track for their best year since before financial crisis By Emma Dunkley, Financial Mail On Sunday Published: 16:50 EDT, 31 July 2021 | Updated: 17:01 EDT, 31 July 2021 House sales are on track for their best year since before the financial crisis. The number of homes bought and sold is set … Read more