Serco hoping to go into space after snapping up US defence contractor Whitney, Bradley & Brown for £212m By Daily Mail City & Finance Reporter Published: 22:00 GMT, 16 February 2021 | Updated: 22:00 GMT, 16 February 2021 Serco said its takeover of Whitney, Bradley & Brown could open the door to the Pentagon Outsourcer Serco … Read more
Bitcoin hits $50,000 for the first time: Cryptocurrency continues to soar as mainstream appeal grows By Daily Mail City & Finance Reporter Published: 22:02 GMT, 16 February 2021 | Updated: 22:02 GMT, 16 February 2021 Bitcoin hit $50,000 for the first time as the cryptocurrency continued to enjoy explosive growth. The milestone takes gains this … Read more
Former CBI chief Dame Carolyn Fairbairn lands HSBC job just a week after joining BAE By Daily Mail City & Finance Reporter Published: 22:02 GMT, 16 February 2021 | Updated: 22:02 GMT, 16 February 2021 In demand: Dame Carolyn Fairbairn is being lines up to join the board of HSBC Dame Carolyn Fairbairn is set to … Read more
Mining giants promised bumper payouts to investors after a surge in commodity prices that has fuelled talk of a new ‘supercycle’. BHP will pay shareholders a record half-year dividend of 72p per share after a rally in iron ore prices helped profits rise 17 per cent to £7billion. It means that the world’s biggest miner … Read more
The City watchdog is facing a furious backlash over its handling of the Neil Woodford savings scandal. As the disgraced fund manager prepares to make an audacious comeback, the Financial Conduct Authority (FCA) has been accused of ‘dragging its feet’ over its investigation into the implosion of his investment empire. And campaigners, MPs and peers … Read more
Astrazeneca boss Pascal Soriot scooped £15.4million in pay last year – taking his earnings to almost £90million since he took the reins at the British drug maker nine years ago. The chief executive’s 2020 package, his biggest yet, is up from £15.3million the previous year. It comes after his decision to join forces with Oxford … Read more
Electric vehicle tech firm REE Automotive to create 200 high-skilled jobs at new engineering centre in Warwickshire REE Automotive said it would invest about £66m and create around 200 jobs It added that it plans to establish 15 ‘integration centres’ across the globe REEcorner and REEboard are the company’s two main technologies By Harry Wise For … Read more
Tax rises look ‘more likely than ever’ in future years as the Government’s spending splurge amid the pandemic rolls on, the Institute for Fiscal Studies has warned. The IFS said Chancellor Rishi Sunak is likely to need to raise an additional £60billion via taxes over the coming years. But, with Britain’s economy facing an ‘extraordinarily’ … Read more
Former JP Morgan star is Britain’s cryptocurrency queen after making a £360m personal fortune By Daily Mail City & Finance Reporter Published: 21:50 GMT, 15 February 2021 | Updated: 00:55 GMT, 16 February 2021 A British woman who created the credit default swap has emerged as one of the world’s richest cryptocurrency and blockchain tycoons. … Read more
Pound hits highest level in almost three years as optimism about the vaccine rollout grows By Daily Mail City & Finance Reporter Published: 21:50 GMT, 15 February 2021 | Updated: 21:50 GMT, 15 February 2021 Sterling rose above $1.39 for the first time since April 2018 The pound hit its highest level in almost three … Read more