UK’s largest pension fund ditches coal, tobacco and arms manufacturing

UK’s largest pension fund cuts out ‘financially unsuitable’ coal, tobacco and arms manufacturing By Daily Mail City & Finance Reporter Published: 21:50 BST, 1 June 2020 | Updated: 22:09 BST, 1 June 2020 The Universities Superannuation Scheme is to ditch investments in sectors including coal, tobacco and arms manufacturing The UK’s largest private sector retirement fund … Read more

Manufacturing activity in eurozone at record low

Manufacturing activity in eurozone at record low due to factory closures to prevent spread of coronavirus By Daily Mail City & Finance Reporter Published: 22:08 BST, 4 May 2020 | Updated: 22:08 BST, 4 May 2020 Manufacturing activity in the eurozone has plummeted to a record low as factories closed to prevent the spread of … Read more

FTSE LIVE: UK manufacturing slides to 7-year low; Channel tunnel firm ‘ready’ for Brexit

FTSE CLOSE: UK manufacturing slides to seven-year low; Channel tunnel firm ‘ready for a no-deal Brexit’; US-China trade war escalates Channel tunnel operator GetLink insists it is ‘ready for a no-deal Brexit’ There was a marked escalation in the US-China trade war overnight The latest UK manufacturing figures show activity slid to a 7-year low … Read more

Fears manufacturing recovery will hit the wall if coronavirus worsens 

Fears manufacturing’s Boris bounce will hit the wall if coronavirus outbreak worsens By Daily Mail City & Finance Reporter Published: 21:50 GMT, 2 March 2020 | Updated: 22:04 GMT, 2 March 2020 The post-election recovery in British manufacturing could run out of steam because of the coronavirus. Research group IHS Markit said its index of … Read more

Coronavirus hits world economy as Chinese manufacturing sector plunges further than expected

There are emerging fears that the coronavirus outbreak could spark a global economic crisis after China’s manufacturing sector plunged further than expected this month.    An official survey showing the plunge added to mounting evidence of the vast cost of the disease that emerged in central China in December.  The monthly purchasing managers’ index (PMI) issued … Read more