Santander’s UK boss finally agrees to copy his Spanish colleagues in donating £1m to charity By Daily Mail City & Finance Reporter Published: 21:50 BST, 9 April 2020 | Updated: 22:04 BST, 9 April 2020 Santander’s UK chief exec Nathan Bostock will donate £1m to a charity buying medical equipment for the coronavirus pandemic Santander’s UK … Read more
Watchdog warns banks to treat their customers fairly as they hike the cost of mortgages but slash savings rates By Daily Mail City & Finance Reporter Published: 21:51 BST, 9 April 2020 | Updated: 22:04 BST, 9 April 2020 Interim FCA boss Chris Woolard said he is looking into concerns that banks are not passing … Read more
Pearson fighting for Footsie future: Share price falls another 9%, profit forecasts slashed again as top exec quits the business By Lucy White For The Daily Mail Published: 21:50 BST, 16 January 2020 | Updated: 21:50 BST, 16 January 2020 Pearson is fighting for its place on the FTSE 100 after a bleak warning about … Read more
Persimmon improves the quality of its homes after years of complaints over shoddy workmanship – but it comes at a cost By Daily Mail City & Finance Reporter Published: 21:50 BST, 7 November 2019 | Updated: 21:50 BST, 7 November 2019 Attempts by Persimmon to improve the quality of its homes have eaten into sales. … Read more
FTSE CLOSE: Markets rally on hopes of US rate cut; FCA hits banks with clampdown on overdraft fees; Depressed pound edges up as Theresa May steps down The FTSE 100 closed up 1%, or 72 points, at 7,331.94 The FCA has banned banks from charging more for unarranged overdrafts The pound has edged up a little … Read more
UK becoming a country of ghost towns: Think tank calls for overhaul of town planning rules to allow high streets to thrive By Tom Witherow For The Daily Mail Published: 21:50 BST, 16 January 2020 | Updated: 21:50 BST, 16 January 2020 Britain will become a ‘country of ghost towns’ unless High Street planning laws … Read more
Guinness owner Diageo has warned that the mass closure of pubs and restaurants around the world is having a ‘significant’ impact on its business. While listing its global woes sparked by the Covid-19 pandemic, the FTSE 100 listed drinks group confirmed it will still pay an interim dividend to its shareholders, but planned share buyback … Read more
Chief executives of Greggs and Kingfisher agree to take 20pc pay cuts after taking advantage of Government’s 12-month business rates holiday By Daily Mail City & Finance Reporter Published: 21:55 BST, 8 April 2020 | Updated: 22:14 BST, 8 April 2020 Two High Street bosses announced pay cuts yesterday amid pressure to share the pain … Read more
Clive Selley, the chief executive of Openreach, is in charge of the broadband architecture that is keeping the country connected during the pandemic – a task he is carrying out from his home in south-east London. ‘I don’t leave the bedroom. It is an awful feeling, like a caged animal,’ he says. ‘My day starts … Read more
Shares tank after shock US rate cut: Dow falls 786 points as Trump urges Fed to do more and Carney vows help for UK firms By Hugo Duncan for the Daily Mail Published: 23:17 BST, 3 March 2020 | Updated: 13:08 BST, 4 March 2020 Shares on Wall Street tumbled last night after the first … Read more