Pole position: Simon Dolan now owns his own motorsports team Simon Dolan, the multi-millionaire entrepreneur challenging the Government’s lockdown in the High Court, divides opinion. To the 250,000 supporters of his Keep Britain Free movement, he’s a champion of small businesses devastated by ever-stricter lockdown restrictions. His opponents, however, accuse the businessman of being ‘selfish’ … Read more
Month-long delay to get a mortgage blamed on home working at banks By Helen Cahill, Financial Mail On Sunday Published: 21:51 BST, 19 September 2020 | Updated: 21:51 BST, 19 September 2020 Home working by bank staff has been blamed for causing a massive backlog of mortgage applications that is hammering first-time buyers and delaying … Read more
The American software giant buying Britain’s biggest technology company is willing to make legally-binding commitments to keep its tax revenues in the UK, The Mail on Sunday can reveal. Nvidia, which is buying Cambridge-based chip designer Arm in a controversial £31billion deal, makes vast profits outside the US but only pays a tiny fraction in … Read more
Thousands of British Airways cabin crew vote to accept pay cuts as firm battles to survive By Harriet Dennys, Financial Mail On Sunday Published: 21:50 BST, 19 September 2020 | Updated: 21:50 BST, 19 September 2020 Thousands of British Airways cabin crew have voted to accept pay cuts as the firm battles to survive. The … Read more
Race to buy supermarket giant Asda could be decided as soon as this week, say sources close to the deal By Neil Craven, Financial Mail on Sunday Published: 21:50 BST, 19 September 2020 | Updated: 21:50 BST, 19 September 2020 The race to buy supermarket giant Asda could be decided as soon as this week, … Read more
US activist investor wages £115m on stake in William Hill, fuelling speculation that it could push for sale of bookmaker By Jamie Nimmo, Financial Mail On Sunday Published: 21:50 BST, 19 September 2020 | Updated: 21:50 BST, 19 September 2020 A US activist investor has wagered £115million on a stake in William Hill, fuelling speculation … Read more
Taxman being given new powers to seize bank customers’ financial details without their consent By Helen Cahill, Financial Mail On Sunday Published: 21:50 BST, 19 September 2020 | Updated: 21:50 BST, 19 September 2020 The taxman is being given new powers to seize bank customers’ financial details without their consent. New laws will allow the … Read more
Retail sales rise for fourth month as economy shows signs of a post-lockdown recovery By Daily Mail City & Finance Reporter Published: 21:51 BST, 18 September 2020 | Updated: 22:06 BST, 18 September 2020 Households continued to splash out last month as the economy showed signs of recovery after lockdown. Retail sales rose by 0.8 … Read more
Shares in companies that would suffer in a second lockdown plunged as ministers warned ‘circuit-break’ restrictions could come into force within weeks. Firms in every corner of the economy were hit by the warnings with airlines, engineering groups and banks leading the fallers. Prime Minister Boris Johnson said the UK was ‘seeing the start of … Read more
Gemfields plunges to £50m loss after being only able to hold one precious stones auction between January and June By Daily Mail City & Finance Reporter Published: 21:52 BST, 18 September 2020 | Updated: 21:55 BST, 18 September 2020 Gemfields swung to a loss as Covid-19 shut its mines and cancelled crucial gem auctions. The … Read more