Another leading Morrisons investor publicly denounces £6.3bn bid

Another leading Morrisons investor publicly denounces £6.3bn bid by private-equity-backed consortium By Daily Mail City & Finance Reporter Published: 17:26 EDT, 29 July 2021 | Updated: 17:26 EDT, 29 July 2021 Another leading Morrisons investor has publicly denounced the £6.3billion bid by a private-equity-backed consortium.  Fortress and its backers were in pole position after the … Read more

Huge spike in oil prices lifts Shell’s profits and dividend

Shell hikes dividend payout for shareholders by 50% and returns £1.4bn in share buyback as oil prices an profits soar Oil group Royal Dutch Shell will pay 11p a share dividend to shareholders Group also announced bumper share buyback scheme this morning Firm’s share price up 4% as oil prices and group’s profits rise   By … Read more

BUSINESS LIVE: Lloyds brings backs dividend as profits surge

BUSINESS LIVE: Lloyds brings backs dividend as profits surge; BT issues bullish forecast for its prospects; Shell boosts dividend and launches bumper share buyback scheme Lloyds Banking Group swung to a profit of £2.6bn, new figures show Lloyds also announced plans to acquire savings and retirement firm Embark  By Jane Denton For Thisismoney Published: 02:59 … Read more

Rio Tinto shareholders in record £6.6bn half-year dividend

Rio Tinto shareholders in record £6.6bn half-year dividend after China’s demand for iron ore sends profits soaring By Francesca Washtell For The Daily Mail Published: 17:06 EDT, 28 July 2021 | Updated: 17:24 EDT, 28 July 2021 Rio Tinto will hand shareholders a record £6.6billion half-year dividend after China’s demand for iron ore sent profits … Read more

Barbie dolls maker warns its toys will be more expensive this Christmas

Barbie dolls maker warns its toys will be more expensive this Christmas because of rampant costs for transport and raw materials By Daily Mail City & Finance Reporter Published: 17:06 EDT, 28 July 2021 | Updated: 17:26 EDT, 28 July 2021 The maker of Barbie dolls warned that its toys will be more expensive this … Read more

Pub group Marston’s performs ahead of expectations

Marston’s performs ahead of expectations after reopening its venues indoors in May amid a boost from staycations and Euro 2020 By Daily Mail City & Finance Reporter Published: 17:06 EDT, 28 July 2021 | Updated: 17:26 EDT, 28 July 2021 Marston’s has said it performed ahead of expectations after reopening its venues indoors in May … Read more

Just Eat boss urged to stop arguing with rivals on Twitter

Just Eat boss urged to stop arguing with rivals on Twitter while his company becomes vulnerable to takeover bids By Daily Mail City & Finance Reporter Published: 19:03 EDT, 27 July 2021 | Updated: 19:03 EDT, 27 July 2021 The boss of Just Eat Takeaway has been urged to stop arguing with rivals on Twitter … Read more

FirstGroup’s largest shareholder demands chief executive resigns

FirstGroup’s largest shareholder demands chief executive resigns as it steps up battle with transport group By Francesca Washtell For The Daily Mail Published: 17:11 EDT, 26 July 2021 | Updated: 04:10 EDT, 27 July 2021 FirstGroup’s largest shareholder has demanded its chief executive resign as it steps up its battle with the transport group.  Coast … Read more

Raising retirement age could help Bank of England fight next recession

Raising retirement age could help Bank of England fight next recession, according to top official By Daily Mail City & Finance Reporter Published: 17:11 EDT, 26 July 2021 | Updated: 17:46 EDT, 26 July 2021 Raising the retirement age could help the Bank of England fight the next recession, according to a top official.  Gertjan … Read more

First Group’s largest shareholder demands chief executive resigns

First Group’s largest shareholder demands chief executive resigns as it steps up battle with transport group By Francesca Washtell For The Daily Mail Published: 17:11 EDT, 26 July 2021 | Updated: 17:37 EDT, 26 July 2021 Fist Group’s largest shareholder has demanded its chief executive resign as it steps up its battle with the transport … Read more