MARKET REPORT: Coronavirus testing race lifts shares in pharmaceutical firms

After weeks of the pandemic affecting Britons’ daily lives, testing has moved to the front of the political agenda.  But pharmaceuticals companies have been hard at work on the problem of testing for weeks – and in some cases, for months. Investors yesterday cheered some of the latest breakthroughs announced by AIM-listed medical minnows that have … Read more

Global trade heading for ‘ugly’ slump even more severe than during financial crisis

Global trade heading for ‘ugly’ slump even more severe than during financial crisis as world crashes into recession By Lucy White For The Daily Mail Published: 21:55 BST, 8 April 2020 | Updated: 22:17 BST, 8 April 2020 Global trade is heading for an ‘ugly’ slump even more severe than during the financial crisis as … Read more

Wagamama owner The Restaurant Group expects sales to drop by 50pc this year – and furloughs staff

Wagamama owner The Restaurant Group expects sales to drop by 50% this year – and furloughs 20,000 staff By Daily Mail City & Finance Reporter Published: 21:55 BST, 8 April 2020 | Updated: 22:18 BST, 8 April 2020 Wagamama owner The Restaurant Group expects sales will drop by 50pc this year – and has furloughed … Read more

Tesco defies critics to pay £900m in dividends: Boost for pension funds and 220,000 shareholders

Tesco defies critics to pay £900m in dividends: Boost for pension funds and army of 220,000 shareholders By Tom Witherow For The Daily Mail Published: 21:55 BST, 8 April 2020 | Updated: 22:18 BST, 8 April 2020 Tesco offered hard-pressed savers some respite as it pledged to pay a £900m total dividend.  Chief executive Dave … Read more

Bosses at four more of Britain’s biggest banks accept cuts to their pay over coronavirus

Bosses at four more of Britain’s biggest banks accept cuts to their pay in response to coronavirus crisis By Lucy White For The Daily Mail Published: 21:55 BST, 8 April 2020 | Updated: 22:19 BST, 8 April 2020 Bosses at four more of Britain’s biggest banks accepted cuts to their pay last night in response … Read more

Insurance giants axe dividends worth £1.3bn in fresh blow to beleaguered savers

Insurance giants axe dividends worth £1.3bn in fresh blow to beleaguered savers By Lucy White For The Daily Mail Published: 21:55 BST, 8 April 2020 | Updated: 22:19 BST, 8 April 2020 Insurance giants have axed dividends worth £1.3 billion in a fresh blow to beleaguered savers.  Aviva, Direct Line, Hiscox and RSA Group all … Read more

Government’s business support help not enough to bring steel industry back from brink of collapse

Government’s business support help not enough to bring steel industry back from brink of collapse By Daily Mail City & Finance Reporter Published: 21:56 BST, 8 April 2020 | Updated: 21:56 BST, 8 April 2020 The Government’s business support help will still not be enough to bring the steel industry back from the brink of … Read more

SMALL CAP MOVERS: Burford saga continues with sex-tape swap scandal 

SMALL CAP MOVERS: Burford saga continues with sex-tape swap scandal; software group Stilo International to delist to cut costs By Calum Muirhead At Proactive Investors For Thisismoney Published: 12:41 BST, 23 August 2019 | Updated: 14:33 BST, 30 August 2019 The woes of Burford Capital once again dominated AIM headlines after the firm was hit … Read more

Oil price slump will wipe out North Sea tax revenues

Oil price slump will wipe out North Sea tax revenues, says the Treasury watchdog By Daily Mail City & Finance Reporter Published: 21:59 BST, 11 March 2020 | Updated: 22:29 BST, 11 March 2020 The slump in the oil price could almost wipe out tax revenues from the North Sea, according to the Treasury watchdog. … Read more