FCA calls on banks to rethink plans to shut branches in lockdown

FCA calls on banks to rethink plans to shut at least 300 branches by the end of 2021 By Daily Mail City & Finance Reporter Published: 21:50 GMT, 28 January 2021 | Updated: 21:50 GMT, 28 January 2021 The FCA said it was concerned that closing bank branches at this time could have ‘significant consequences’ … Read more

Melrose breaks promise to protect UK jobs

Melrose breaks promise to protect UK jobs as plans to close yet another factory emerge By Daily Mail City & Finance Reporter Published: 21:50 GMT, 28 January 2021 | Updated: 21:50 GMT, 28 January 2021 Job losses: Melrose is to close GKN Automotive’s assembly plant in Birmingham The corporate raider that controversially bought GKN was accused … Read more

ALEX BRUMMER: Generation ‘Y’ takes on the short-sellers 

Fans of the raunchy BBC series Industry cannot but be astonished about how dealing room culture turns freshly-minted graduates into trading fiends in a matter of days.  Now, ‘Generation Y’ is taking its revenge on a Wall Street and City habit of fixing the money-making machine in its favour. The social media site Reddit, a … Read more

Boohoo is favourite Arcadia brands Burton, Dorothy Perkins and Wallis

Boohoo is favourite Arcadia brands Burton, Dorothy Perkins and Wallis for up to £25m By Daily Mail City & Finance Reporter Published: 21:50 GMT, 28 January 2021 | Updated: 21:50 GMT, 28 January 2021 Boohoo is to enter exclusive talks to buy Burton, Dorothy Perkins and Wallis for up to £25m Boohoo has taken poll … Read more

World’s richest man Elon Musk gets richer with £197m bonus

World’s richest man Elon Musk gets richer with £197m bonus that burns up a third of Tesla’s annual profit By Matt Oliver For The Daily Mail Published: 21:50 GMT, 28 January 2021 | Updated: 21:54 GMT, 28 January 2021 Tesla boss Elon Musk has scooped a bonus worth almost £200million – one third of the … Read more

Warning over market abuse as Reddit fever sweeps Britain

Warning over market abuse as Reddit fever sweeps Britain: FCA sounds the alarm as UK investors pile in to get back at hedge funds By Lucy White For The Daily Mail Published: 21:51 GMT, 28 January 2021 | Updated: 21:51 GMT, 28 January 2021 Traders have been warned they could be guilty of market abuse … Read more

Norton Motorcycles comes riding back home to the West Midlands

Norton Motorcycles opening new headquarters and ‘advanced manufacturing facility’ in Solihull thanks to multi-million investment from new owners Norton was founded in Birmingham in 1898 by James Lansdowne Norton The group’s former headquarters were in Castle Donington, Leicestershire Norton fans have included Clint Eastwood, Keanu Reeves, and Che Guevara  By Harry Wise For This Is … Read more

Winter Fuel Payment: DWP admits some payouts have been delayed

Have you received your Winter Fuel Payment? The DWP admits a technical issue has led to small number of payouts being delayed A small number of households have not received their payouts yet   This was due a technical issue, the DWP said, although it has paid out 99.9%   The Winter Fuel Payment can help older … Read more

Online shopping scam victims will still be covered by anti-fraud code

Banks fail in bid to water down protections for online shopping scams as watchdog confirms victims will still be covered by refund pledge Banks had wanted purchase scams to be excluded from an anti-fraud code   They feel they should not have to pay out when victims lose money this way The watchdog said it would … Read more