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moneymarkets Archives - Tech - ReadSector

Recovery in UK tourism outpaced global average last month

Recovery in UK’s tourism and recreation industry outpaced global average last month By Daily Mail City & Finance Reporter Published: 00:01 BST, 21 September 2020 | Updated: 00:01 BST, 21 September 2020 Recovery in the UK’s tourism and recreation industry outpaced the global average last month, Lloyds Bank has found.  Activity in 13 of the … Read more Recovery in UK tourism outpaced global average last month

MPs to debate Arm sale as fears increase over US rules

Future of British tech giant Arm hanging in balance as MPs prepare to debate its controversial sale to US rival By Daily Mail City & Finance Reporter Published: 21:50 BST, 20 September 2020 | Updated: 21:50 BST, 20 September 2020 The future of British tech giant Arm is hanging in the balance as MPs prepare … Read more MPs to debate Arm sale as fears increase over US rules

President Trump gives ‘blessing’ to TikTok deal

President Trump gives ‘blessing’ to deal which will allow Chinese social media app TikTok to continue operating in US By Daily Mail City & Finance Reporter Published: 21:50 BST, 20 September 2020 | Updated: 21:50 BST, 20 September 2020 President Trump has given his ‘blessing’ to a deal which will allow Chinese social media app … Read more President Trump gives ‘blessing’ to TikTok deal

Law firm considers more Covid insurance claims

Law firm weighing legal action against 12 more insurers over failing to pay out business interruption claims to small companies By Daily Mail City & Finance Reporter Published: 21:50 BST, 20 September 2020 | Updated: 21:50 BST, 20 September 2020 A law firm is weighing legal action against 12 more insurers over failing to pay … Read more Law firm considers more Covid insurance claims

Brokers expecting clamour for shares in The Hut Group

Brokers expecting clamour for shares in The Hut Group as firm begins trading in full on stock market, despite board concerns By Lucy White For The Daily Mail Published: 21:50 BST, 20 September 2020 | Updated: 22:09 BST, 20 September 2020 Brokers are expecting a clamour for shares in The Hut Group today as the … Read more Brokers expecting clamour for shares in The Hut Group

Taxman set to get new powers over bank details

Taxman being given new powers to seize bank customers’ financial details without their consent By Helen Cahill, Financial Mail On Sunday Published: 21:50 BST, 19 September 2020 | Updated: 21:50 BST, 19 September 2020 The taxman is being given new powers to seize bank customers’ financial details without their consent.  New laws will allow the … Read more Taxman set to get new powers over bank details

Hedge fund triggers talk of William Hill sell-off

US activist investor wages £115m on stake in William Hill, fuelling speculation that it could push for sale of bookmaker By Jamie Nimmo, Financial Mail On Sunday Published: 21:50 BST, 19 September 2020 | Updated: 21:50 BST, 19 September 2020 A US activist investor has wagered £115million on a stake in William Hill, fuelling speculation … Read more Hedge fund triggers talk of William Hill sell-off

Race to buy Asda could be decided this week

Race to buy supermarket giant Asda could be decided as soon as this week, say sources close to the deal By Neil Craven, Financial Mail on Sunday Published: 21:50 BST, 19 September 2020 | Updated: 21:50 BST, 19 September 2020 The race to buy supermarket giant Asda could be decided as soon as this week, … Read more Race to buy Asda could be decided this week

Thousands of BA cabin crew vote to accept pay cuts

Thousands of British Airways cabin crew vote to accept pay cuts as firm battles to survive By Harriet Dennys, Financial Mail On Sunday Published: 21:50 BST, 19 September 2020 | Updated: 21:50 BST, 19 September 2020 Thousands of British Airways cabin crew have voted to accept pay cuts as the firm battles to survive.  The … Read more Thousands of BA cabin crew vote to accept pay cuts

Nvidia hits out at bid to block deal for tech giant Arm

The American software giant buying Britain’s biggest technology company is willing to make legally-binding commitments to keep its tax revenues in the UK, The Mail on Sunday can reveal.  Nvidia, which is buying Cambridge-based chip designer Arm in a controversial £31billion deal, makes vast profits outside the US but only pays a tiny fraction in … Read more Nvidia hits out at bid to block deal for tech giant Arm