FCA under fire over slow Woodford probe: MPs wonder why nothing has been heard of the inquiry 18 months on By Lucy White For The Daily Mail Published: 21:51 GMT, 18 February 2021 | Updated: 21:51 GMT, 18 February 2021 The City watchdog has been told to set out when it will conclude its probe … Read more
Investors in Barclays can bank on a dividend: Lender revives payouts as boss Jes Staley looks to a big coronavirus recovery By Lucy White For The Daily Mail Published: 21:51 GMT, 18 February 2021 | Updated: 21:51 GMT, 18 February 2021 Barclays became the first major British bank to resume its dividend as the lender’s … Read more
Natwest to quit Ireland after more than 100 years in second major shake-up under Alison Rose By Lucy White For The Daily Mail Published: 21:52 GMT, 18 February 2021 | Updated: 21:52 GMT, 18 February 2021 Natwest is preparing to pull out of the Republic of Ireland after more than 100 years in the country … Read more
Grabbing a share of trading and deals on Wall Street for European investment banks was always going to be a big ask. UBS retreated into wealth management, Deutsche Bank has faced death by a thousand cuts and Credit Suisse has been turned around after some difficult eruptions. Britain’s Barclays has been best placed. It bought … Read more
Are we on the verge of a ‘Taper Tantrum’? asks ALEX SEBASTIAN: It is inflation rather than the GameStop saga that will determine how long the US stock market’s gains can keep coming By Alex Sebastian for This is Money Published: 10:37 GMT, 18 February 2021 | Updated: 10:40 GMT, 18 February 2021 The recent … Read more
Inflation rises on the back of higher prices for cauliflowers, fish fingers and crisps By Daily Mail City & Finance Reporter Published: 22:03 GMT, 17 February 2021 | Updated: 22:03 GMT, 17 February 2021 Inflation bites: Fish fingers are among the foods which have gone up in price UK inflation rose last month on the … Read more
Private equity firm CVC seeks to cash in on the Covid fight by investing in firms running the vaccine rollout By Daily Mail City & Finance Reporter Published: 22:04 GMT, 17 February 2021 | Updated: 22:04 GMT, 17 February 2021 CVC Capital Partners has reportedly snapped up stake in firms involved in running the computer … Read more
Rishi Sunak’s £400bn balancing act: With the Budget fast approaching, here’s how the Chancellor can raise revenues without wrecking the Covid recovery By Douglas Mcwilliams Founder Of The Centre For Economic And Business Research Published: 22:06 GMT, 17 February 2021 | Updated: 23:51 GMT, 17 February 2021 The last new tax proposed by an economist … Read more
The pandemic has produced some of the fastest turnarounds in history. Pharma companies Pfizer and Astrazeneca reduced the vaccine development cycle from a decade to less than a year. And City traders quickly learned that it wasn’t necessary to be in Canary Wharf to drive markets to commanding heights. Commercial transformation to digital has been … Read more
British American Tobacco becomes latest firm to hike its dividend after posting a 10% rise in annual profits By Daily Mail City & Finance Reporter Published: 22:04 GMT, 17 February 2021 | Updated: 22:04 GMT, 17 February 2021 British American Tobacco (BAT) is the latest firm to hike its dividend after a 10 per cent … Read more