Plumbing giant Ferguson has brought back its dividend after a stronger than expected recovery from the coronavirus crisis. The FTSE 100 firm, formerly known as Wolseley, said a surge in demand for home improvements and cost-cutting measures helped to cushion the pandemic’s blow, giving it confidence to restore its investor payout. Ferguson shelved the divi … Read more
Rishi has much more to do: Britain’s recovery needs a degree of certainty and confidence, says ALEX BRUMMER By Alex Brummer for the Daily Mail Published: 21:51 BST, 24 September 2020 | Updated: 22:24 BST, 24 September 2020 Throughout the pandemic, each time No 10 has raised the public health alert status because of the … Read more
Britain’s economic recovery had lost steam even before virus crackdown, latest figures show By Lucy White For The Daily Mail Published: 21:57 BST, 23 September 2020 | Updated: 22:06 BST, 23 September 2020 Britain’s economic recovery was slowing down even before the Government imposed new lockdown restrictions this week, figures suggest. Growth in the manufacturing … Read more
Recovery in UK’s tourism and recreation industry outpaced global average last month By Daily Mail City & Finance Reporter Published: 00:01 BST, 21 September 2020 | Updated: 00:01 BST, 21 September 2020 Recovery in the UK’s tourism and recreation industry outpaced the global average last month, Lloyds Bank has found. Activity in 13 of the … Read more
The threat of a second national lockdown, just as the UK’s resilient economy shows signs of recovering from the first, is a thoroughly depressing prospect. It illustrates so clearly the dilemma of a government under pressure to save the vulnerable from the scourge of Covid-19, but also wanting to avoid plunging the citizens of Britain … Read more
The threat of a second national lockdown, just as the UK’s resilient economy shows signs of recovering from the first, is a thoroughly depressing prospect. It illustrates so clearly the dilemma of a government under pressure to save the vulnerable from the scourge of Covid-19, but also wanting to avoid plunging the citizens of Britain … Read more
Retail sales rise for fourth month as economy shows signs of a post-lockdown recovery By Daily Mail City & Finance Reporter Published: 21:51 BST, 18 September 2020 | Updated: 22:06 BST, 18 September 2020 Households continued to splash out last month as the economy showed signs of recovery after lockdown. Retail sales rose by 0.8 … Read more
M&G Recovery manager Tom Dobell to step away from struggling £1.4bn fund after 20 years in charge Over the past ten years, the fund has returned just 6.7 per cent to investors A value fund invests in stocks that its managers believe are undervalued in price This style of investing has endured a hard time … Read more
The pandemic delivered the deepest and swiftest American downturn in modern history in the first half of 2020, with unemployment soaring to 22m and output plunging. As the presidential election campaign enters its final 60 days, the strategy of Democrat candidate Joe Biden is to pin the blame for the cruel economic fallout on Donald … Read more
SIMON LAMBERT: These draconian new lockdown rules could knock a V-shaped recovery for six By Simon Lambert for Thisismoney.co.uk Published: 12:16 BST, 10 September 2020 | Updated: 12:16 BST, 10 September 2020 The Government has announced a far more draconian tightening of lockdown that anyone expected, at the same time as it tries to get … Read more