A cannabis tycoon dubbed ‘Dr Pot’ and his business partner earned £13million last year as their company’s medicinal drugs were approved for use by the NHS. Dr Geoffrey Guy, who earned the nickname after founding Cambridge-based GW Pharmaceuticals in 1998, made £5.8million in 2019 as the company’s chairman. GW’s chief executive Justin Gover pocketed an … Read more
STOCK WATCH: Will Redknapp help broker Dowgate keep its eye on the ball? By Jamie Nimmo For The Financial Mail On Sunday Published: 22:31 BST, 20 June 2020 | Updated: 22:31 BST, 20 June 2020 Stockbrokers have come under pressure in the coronavirus crisis as deals have dried up. Smaller stockbrokers such as Dowgate Capital … Read more
Business lobby groups demand cuts to National Insurance bill ahead of mini-Budget By Helen Cahill For The Mail On Sunday Published: 22:32 BST, 20 June 2020 | Updated: 22:32 BST, 20 June 2020 Three major business lobby groups have demanded cuts to National Insurance bills in the mini-Budget next month. They have told the Treasury … Read more
Sell-off fear as Cobham’s new American owner splits defence giant up into nine divisions Advent International bought Cobham for £4billion earlier this year Cobham has been split in nine divisions; it was previously run as four divisions By Ben Harrington For The Mail On Sunday Published: 22:32 BST, 20 June 2020 | Updated: 22:32 BST, … Read more
Judge takes £1.6bn case between Staveley and Barclays off air Anyone wishing to watch the case must now attend the court in person The decision has prompted appeals from the media By Helen Cahill For The Mail On Sunday Published: 22:32 BST, 20 June 2020 | Updated: 22:32 BST, 20 June 2020 A court has shut … Read more
‘Evil Knievil’ takes out a bet against stock market darling Boohoo By Ben Harrington For The Mail On Sunday Published: 22:32 BST, 20 June 2020 | Updated: 22:32 BST, 20 June 2020 The investor known in the City as ‘Evil Knievil’ has taken out a bet against stock market darling Boohoo. Simon Cawkwell, who gained … Read more
BA owner IAG may ask investors for £1.5bn in emergency fundraising By Ben Harrington For The Mail On Sunday Published: 22:38 BST, 20 June 2020 | Updated: 22:38 BST, 20 June 2020 The owner of British Airways could be looking to raise up to £1.5billion of fresh cash, investors say. International Consolidated Airlines Group (IAG) … Read more
MARKET REPORT: Hyve Group’s shares buzz after conference and trade show organiser wins insurance payout for Covid cancellations By Francesca Washtell For The Daily Mail Published: 21:50 BST, 19 June 2020 | Updated: 21:50 BST, 19 June 2020 Conference and trade show organiser Hyve Group has been forced to cancel the biggest event in its … Read more
DIRECTOR DEALS: Talk Talk board member Roger Taylor splashes £1.4m on company shares By Daily Mail City & Finance Reporter Published: 21:50 BST, 19 June 2020 | Updated: 21:50 BST, 19 June 2020 Talk Talk board member Roger Taylor spent £1.4million buying stock in the telecoms group. The former Carphone Warehouse boss bought 1.5m shares … Read more
Tesco facing investor revolt over pay rules after departing boss is handed a controversial bonus boost By Daily Mail City & Finance Reporter Published: 21:51 BST, 19 June 2020 | Updated: 21:51 BST, 19 June 2020 Tesco is facing an investor revolt over a controversial decision to change its pay rules and hand outgoing boss … Read more