Online shopping boom sends Ocado’s earnings soaring: Sales at grocery retailer rise by a third to £2.2billion as demand for home deliveries rockets during pandemic Online grocer reported group earnings of £73.1million for year to November 29 Earnings in its retail arm, joint venture with M&S, more than trebled to £148.5M Chief executive said: ‘The … Read more
ALEX BRUMMER: Upgrade for London trading as the EU waves through LSE’S £22bn merger with former Reuters platform Refinitiv By Alex Brummer for the Daily Mail Published: 23:03 GMT, 13 January 2021 | Updated: 23:04 GMT, 13 January 2021 Those who doubt the resilience of the City outside the EU have received a sharp reminder … Read more
Rishi’s new bailout Firms in Tier 2 lockdown eligible for £2,100-a-month grants, potentially benefiting 150,000 businesses. If there is full take-up it could cost £1.2billion. Job Support Scheme changed so employers pay just 5 per cent of unworked hours – down from a third – and the minimum threshold for hours worked will be one day … Read more
Goldman fined £2.2bn in Malaysia fraud: 1MDB scandal saw state-owned fund turned into a ‘piggy bank for corrupt public officials’ By Lucy White For The Daily Mail Published: 21:56 BST, 22 October 2020 | Updated: 21:56 BST, 22 October 2020 Goldman Sachs has been fined a record £2.2billion after turning a Malaysian development fund ‘into … Read more
Figures show savers denied £22bn in quarterly dividends after coronavirus prompts ‘unprecedented’ cut to payouts By Matt Oliver For The Daily Mail Published: 21:52 BST, 19 July 2020 | Updated: 21:52 BST, 19 July 2020 Savers have been denied £22billion in quarterly dividends after the virus crisis prompted an ‘unprecedented’ cut to payouts, figures show. … Read more
Amazon boss Jeff Bezos adds an astonishing £22bn to his fortune during coronavirus crisis as demand for online deliveries surges By Daily Mail City & Finance Reporter Published: 22:06 BST, 15 April 2020 | Updated: 22:36 BST, 15 April 2020 Amazon boss Jeff Bezos has added an astonishing £22 billion to his fortune during the … Read more