Britain gets building again: Construction firms see new orders rise to the highest level since 2015 amid post-election confidence boost New orders in sector rise at the fastest pace for just over four years Activity in housebuilding swelled to the highest level since July 2018 Reduced uncertainty has given the economy a boost, expert claims … Read more
As investors wrestle with how to react to a crisis nobody saw coming a couple of months ago, they also have something else to think about which has long been inked into the calendar. Just as the novel coronavirus outbreak causes havoc in financial markets – to the extent that it led to a 0.5 … Read more
Big business sounds alarm over virus: Diageo takes a £200m hit to profits, Rio warns on China demand as Chevron UK HQ is evacuated By James Salmon for the Daily Mail Published: 21:54 GMT, 26 February 2020 | Updated: 21:57 GMT, 26 February 2020 The threat posed by coronavirus to businesses of all types was … Read more
Three of Britain’s biggest finance firms to axe more than 2,000 jobs as Lloyds, Virgin Money and Direct Line continue relentless push online By James Salmon for the Daily Mail Published: 21:50 GMT, 26 February 2020 | Updated: 09:04 GMT, 27 February 2020 Three of Britain’s biggest finance firms are to axe more than 2,000 … Read more
NMC Health shares are suspended by the watchdog after accounting debacle at the FTSE 100 hospital group sees its top brass forced out The troubled hospital group fired its chief executive Prasanth Mangat last night American investment firm Muddy Waters first highlighted the problems at NMC By This Is Money Reporter Published: 10:36 GMT, 27 February 2020 … Read more
City watchdog launches probe into stricken NMC Health amid claims founder kept board and shareholders in the dark about loans By James Salmon for the Daily Mail Published: 21:50 GMT, 27 February 2020 | Updated: 22:02 GMT, 27 February 2020 The City watchdog has launched a full investigation into NMC Health as one of the … Read more
Reckitt is rocked as it writes off £5bn from value of baby formula maker Mead Johnson By Matt Oliver For The Daily Mail Published: 21:51 GMT, 27 February 2020 | Updated: 22:02 GMT, 27 February 2020 Reckitt Benckiser has written off £5billion from the value of baby formula maker Mead Johnson, just three years after … Read more
Shares in Aston Martin hit a record low as losses ballooned to more than £100million and its finance boss quit. James Bond’s favourite car maker plunged 9 per cent, or 35.2p, to 355.8p after the latest dire update since it joined the stock market 18 months ago. It also warned that there could be a … Read more
WPP’s sales growth dries up – hitting Sir Martin Sorrell in the pocket just as he faces a £110m divorce By Daily Mail City & Finance Reporter Published: 21:51 GMT, 27 February 2020 | Updated: 22:03 GMT, 27 February 2020 Advertising giant WPP had its worst day on the stock market in nearly 30 years … Read more
Sirius faces do-or-die investor vote over controversial £405m Anglo American takeover By Francesca Washtell For The Daily Mail Published: 21:50 GMT, 2 March 2020 | Updated: 21:50 GMT, 2 March 2020 Crunch time: Sirius chief executive Chris Fraser Shares in Sirius Minerals plunged ahead of a crunch vote on a controversial takeover that will determine … Read more