Nikhil Rathi to run FCA as interim boss Chris Woolard shunned

Outsider chosen to run City watchdog – with interim boss Chris Woolard shunned by the Treasury By Lucy White For The Daily Mail Published: 21:56 BST, 22 June 2020 | Updated: 22:05 BST, 22 June 2020 An outsider has been chosen to run the City watchdog – with interim boss Chris Woolard shunned by the … Read more

Pret a Manger job cuts feared after leaked video reveals sales

Fears mounting over job cuts at Pret a Manger after leaked video reveals dire sales in lockdown By Daily Mail City & Finance Reporter Published: 21:56 BST, 22 June 2020 | Updated: 22:06 BST, 22 June 2020 Fears are mounting over job cuts at Pret a Manger after a leaked video revealed dire sales in … Read more

London Stock Exchange’s takeover of Refinitiv under threat

London Stock Exchange’s £24bn takeover of Refinitiv under threat after European regulators refer deal for in-depth competition probe By Daily Mail City & Finance Reporter Published: 22:08 BST, 22 June 2020 | Updated: 22:08 BST, 22 June 2020 The London Stock Exchange’s £24billion takeover of Refinitiv is under threat after European regulators referred the deal … Read more

Saga on £20m cost-cutting drive as coronavirus hits business

Saga embarking on £20m cost-cutting drive as coronavirus crisis squeezes its holiday and travel insurance businesses By Daily Mail City & Finance Reporter Published: 21:56 BST, 22 June 2020 | Updated: 22:09 BST, 22 June 2020 Saga is embarking on a £20m cost-cutting drive as the coronavirus pandemic crisis squeezes its holiday and travel insurance … Read more

Missing billions push Wirecard to edge of ruin

Accounting scandal engulfs one-time German fintech star: Missing billions push Wirecard to edge of ruin By Matt Oliver For The Daily Mail Published: 21:58 BST, 22 June 2020 | Updated: 21:58 BST, 22 June 2020 Hanging by a thread: A £1.7billion black hole in the firm’s accounts leave its future in doubt Two years ago, … Read more

Nikhil Rathi named as the new boss of city regulator the FCA

City watchdog the FCA names London Stock Exchange boss Nikhil Rathi as its new chief executive Nikhil Rathi, 40, takes over from interim chief Christopher Woolard Woolard had been appointed when Andrew Bailey left for the Bank of England Rathi said he will work towards creating ‘an even more diverse organisation’ By Camilla Canocchi for … Read more

Go Outdoors poised to call in administrators

Outdoor equipment retailer Go Outdoors poised to call in administrators By Daily Mail City & Finance Reporter Published: 21:55 BST, 21 June 2020 | Updated: 21:55 BST, 21 June 2020 Outdoor equipment retailer Go Outdoors was yesterday poised to call in administrators.  The firm’s parent, JD Sports, filed a notice to appoint administrators on Friday, … Read more

New rules to protect vital firms from foreign predators

Ministers set to introduce new rules to protect firms that are critical to public health from foreign takeovers By Daily Mail City & Finance Reporter Published: 21:55 BST, 21 June 2020 | Updated: 21:55 BST, 21 June 2020 Ministers are set to introduce new rules to protect firms that are critical to public health from … Read more

Saudi Arabia’s sovereign wealth fund buys BT shares

Saudi Arabia’s sovereign wealth fund snaps up shares in BT as it searches for stockmarket bargains By Daily Mail City & Finance Reporter Published: 21:55 BST, 21 June 2020 | Updated: 21:55 BST, 21 June 2020 Saudi Arabia’s sovereign wealth fund has snapped up shares in BT as it searches for stockmarket bargains.  The kingdom’s … Read more