AJ Bell shares on the up as assets under management top £70bn

AJ Bell shares on the up as group sees value of assets held across its wealth management platforms top £70bn Shares in FTSE-250 listed AJ Bell have risen over 3% today Group added over 21,000 new customers to its books in last quarter  By Jane Denton For Thisismoney Published: 08:07 EDT, 22 July 2021 | … Read more

BUSINESS LIVE: Surge in pay rings alarm bells for pensioners

BUSINESS CLOSE: Surge in wages could mean big state pension boost; Asos share price falls sharply; FCA vows to become more ‘assertive’ New data shows the number of open job posts reached pre-pandemic levels In the three months to May, annual total pay growth hit 7.3%, ONS said  Online retailer Asos has seen its share … Read more

Next to return £29m in business rates relief as sales soar

Next to return £29m in business rates relief as sales soar after lockdown beyond pre-pandemic levels By Matt Oliver For The Daily Mail Published: 17:01 EDT, 21 July 2021 | Updated: 17:01 EDT, 21 July 2021 Next is handing back £29million in business rates relief after the easing of lockdown restrictions led to blowout sales. … Read more

Magazines publisher Future soars 9% on hiked profit forecasts 

Publishing chief set for an even richer future: Magazines group soars 9% as it hikes profit forecasts By Daily Mail City & Finance Reporter Published: 17:01 EDT, 21 July 2021 | Updated: 17:01 EDT, 21 July 2021 Shares in Future soared as it hiked its profit forecasts. The UK’s biggest magazines publisher, which is behind … Read more

Bridgepoint staff scoop £2.5bn windfall as share price surges

Bridgepoint staff scoop a £2.5bn windfall: Private equity firm’s share price surges following its blockbuster stock market debut By Lucy White For The Daily Mail Published: 17:01 EDT, 21 July 2021 | Updated: 17:01 EDT, 21 July 2021 Staff and partners at private equity firm Bridgepoint are sitting on a windfall of £2.5billion following its … Read more

Investor hopes for a bidding war over Morrisons are dealt a major blow

US private equity rivals join forces in Morrisons chase dashing investors’ hopes for a bidding war By Matt Oliver For The Daily Mail Published: 17:00 EDT, 20 July 2021 | Updated: 17:00 EDT, 20 July 2021 Investors hoping for a bidding war over Morrisons were left disappointed yesterday as a US private equity firm withdrew … Read more

Household bills could rise if energy prices for industry are cut

Household electricity bills will rise if Government lowers energy prices for industry, warns business secretary By Daily Mail City & Finance Reporter Published: 17:01 EDT, 20 July 2021 | Updated: 17:01 EDT, 20 July 2021 Households could see their electricity bills rise if the Government lowers energy prices for heavy industry. Business Secretary Kwasi Kwarteng … Read more

Easyjet boss blasts Boris over travel restrictions

Easyjet boss blasts Boris over travel restrictions as budget airline ramps up flight schedule By Francesca Washtell For The Daily Mail Published: 17:01 EDT, 20 July 2021 | Updated: 17:01 EDT, 20 July 2021 Easyjet’s boss blasted travel restrictions on fully vaccinated Britons as the budget airline ramped up its flight schedule. Chief executive Johan … Read more

Scottish Mortgage has 5.8% of its funds invested in China’s Tencent

Scottish Mortgage bets big on Beijing: UK’s biggest investment trust has 5.8% of its funds invested in Tencent By Matt Oliver For The Daily Mail Published: 21:51 BST, 19 July 2021 | Updated: 21:51 BST, 19 July 2021 The UK’s biggest and most popular investment trust is one of Tencent’s top backers. About 5.8 per … Read more

Chinese giant Tencent wrestles for control of UK video games firm Sumo

Chinese giant Tencent wrestles for control of Sumo: Senior figures at British video games firm to rake in £80m from controversial sale By Matt Oliver For The Daily Mail Published: 21:52 BST, 19 July 2021 | Updated: 21:52 BST, 19 July 2021 A video games studio is set to become the latest British technology firm … Read more