Big City buyouts are put on hold By Ben Harrington, Financial Mail on Sunday Published: 23:46 GMT, 14 March 2020 | Updated: 10:09 GMT, 15 March 2020 Major City deals are being put on hold as extreme turbulence and recession fears grip the markets. City sources said buyouts of firms put up for sale earlier … Read more
Hargreaves back in market – after £500million share sale By Helen Cahill, Financial Mail On Sunday Published: 23:46 GMT, 14 March 2020 | Updated: 10:10 GMT, 15 March 2020 Billionaire Brexiteer Peter Hargreaves has invested hundreds of millions back into the stock market – just weeks after cashing in £550million of shares while prices were … Read more
Sweat and tears will get workers through crisis… says grandson of Sir Winston By Neil Craven for The Mail on Sunday Published: 23:46 GMT, 14 March 2020 | Updated: 10:10 GMT, 15 March 2020 Winston Churchill addresses delegates at the Conservative Party Conference in 1953 It could just as easily have been one of the … Read more
£52 BILLION hit to Britain as economy goes into reverse By Helen Cahill, Financial Mail On Sunday Published: 23:46 GMT, 14 March 2020 | Updated: 10:10 GMT, 15 March 2020 Britain is slipping into a sharp recession that will see the economy shrink by as much as 2.5 per cent by the summer and interest rates … Read more
MIDAS UPDATE: Our training provider tip Learning Technologies has risen from just 20p in 2014 to £1.35 today By Joanne Hart for The Mail on Sunday Published: 23:46 GMT, 14 March 2020 | Updated: 21:41 GMT, 15 March 2020 Learning Technologies Group may see sales rise, as companies and governments reflect on the impact of … Read more
RUTH SUNDERLAND: Coronavirus raises the potentially explosive problem of dodgy corporate debt By Ruth Sunderland for the Daily Mail Published: 22:00 GMT, 15 March 2020 | Updated: 22:00 GMT, 15 March 2020 Charting the right economic course through the coronavirus is almost as difficult as calibrating the right medical response. The two, of course, are … Read more
Bailey faces a baptism of fire at the Bank as the global economy teeters on the brink of recession Adrew Bailey starts work as Governor of the Bank of England today Bailey joined forces with Carney last week to announce a cut in interest rates They unveiled plans to free up £290billion for lenders to loan … Read more
Ailing retailer Laura Ashley seeks further £15m rescue loan just weeks after emergency funding deal It was saved from collapse last month by £20m lifeline from US bank Wells Fargo It said it is ‘in advanced discussions with a third-party lender’ But there are fears of the impact of coronavirus By Daily Mail City & … Read more
Goldman Sachs worker at London office tests positive for coronavirus By Daily Mail City & Finance Reporter Published: 22:00 GMT, 15 March 2020 | Updated: 22:00 GMT, 15 March 2020 A Goldman Sachs employee at its London office has tested positive for coronavirus. The worker was confirmed on Friday to have caught the virus. They … Read more
Aramco to cut spending by 25% as oil prices plummet – but it will still fork out £3.2bn in dividends Saudi Aramco racked up costs of almost £27bn last year, but could cut to £20bn The state-backed energy giant went public in December in the biggest ever float It will pay £3.2bn in dividends for … Read more