Fury as bosses pocket big dividends after tax breaks

Bosses of five lockdown winners received £45m in dividends after firms’ profits were fuelled by big tax breaks Retailers and hospitality firms were handed £10billion of business rates relief this year  Critics say shops which are lockdown winners should pay the tax break back  By Tom Witherow For The Daily Mail Published: 21:50 GMT, 29 … Read more

Asset manager Columbia Threadneedle shuts former £1bn fund

Asset manager Columbia Threadneedle shutting UK fund that held more than £1bn of investors’ money at its peak By Emma Dunkley, Financial Mail On Sunday Published: 21:49 GMT, 28 November 2020 | Updated: 21:49 GMT, 28 November 2020 Asset manager Columbia Threadneedle is shutting a UK fund that held more than £1billion of investors’ money … Read more

Banks clash with Boris Johnson over tower blocks

Banks and Government at loggerheads over plans to let homeowners sell flats in low-rise blocks without having cladding survey By Helen Cahill, Financial Mail On Sunday Published: 21:50 GMT, 28 November 2020 | Updated: 21:50 GMT, 28 November 2020 Banks and the Government are at loggerheads over plans to let homeowners sell flats in low-rise … Read more

EasyJet may have to raise more money from shareholders

EasyJet faces having to raise more money from shareholders next year to repair its finances, industry experts say By Harriet Dennys, Financial Mail On Sunday Published: 21:50 GMT, 28 November 2020 | Updated: 21:50 GMT, 28 November 2020 EasyJet faces having to raise more money from shareholders next year to repair its finances, industry experts … Read more

Loophole gives £85m to owners of second homes

Second home owners who registered properties as businesses set to land £85m windfall from Government’s small business grant scheme By Neil Craven, Financial Mail on Sunday Published: 21:50 GMT, 28 November 2020 | Updated: 21:50 GMT, 28 November 2020 Second home owners who have registered their properties as businesses are set to land an £85million … Read more

M&S could buy Austin Reed alongside its sister label Jaeger

M&S directors discuss possibility of buying menswear brand Austin Reed alongside its sister label Jaeger By Neil Craven, Financial Mail on Sunday Published: 21:50 GMT, 28 November 2020 | Updated: 21:50 GMT, 28 November 2020 Marks & Spencer directors have met in recent days to discuss the possibility of buying menswear brand Austin Reed alongside … Read more

Plea over 25,000 jobs at EDF’s Sizewell C nuclear plant

Firms lined up to work on EDF’s Sizewell C nuclear plant in Suffolk say they need green light from Government by Christmas to protect 25,000 jobs By Harriet Dennys, Financial Mail On Sunday Published: 21:49 GMT, 28 November 2020 | Updated: 21:50 GMT, 28 November 2020 Firms lined up to work on EDF’s Sizewell C … Read more

Airbus says extra defence spending vital to protect satellites

Airbus says extra defence spending announced by Government is vital to protect Britain’s satellites from attack By Alex Lawson, Financial Mail On Sunday Published: 21:49 GMT, 28 November 2020 | Updated: 21:50 GMT, 28 November 2020 Airbus has said the extra defence spending announced by the Government this month is vital to protect Britain’s satellites … Read more