Don’t be naive about Evergrande, says HSBC chief Noel Quinn: Markets will feel the force of China crisis By Calum Muirhead For The Daily Mail Published: 16:51 EDT, 23 September 2021 | Updated: 16:51 EDT, 23 September 2021 The boss of banking giant HSBC has warned that the crisis at debt-laden Chinese property developer Evergrande … Read more
Stephen Marks moves a step closer to selling his struggling fashion company French Connection after receiving a £29m takeover offer By Francesca Washtell For The Daily Mail Published: 16:54 EDT, 23 September 2021 | Updated: 16:54 EDT, 23 September 2021 Stephen Marks has moved a step closer to selling his struggling fashion company French Connection … Read more
BUSINESS CLOSE: CBI warns of staff shortages hitting competitiveness; ‘No decision’ on break-up, says SSE; Tech sector raises £13.5bn; Home prices spike in South West; Gas crunch bites By This Is Money Published: 03:06 EDT, 20 September 2021 | Updated: 18:02 EDT, 20 September 2021 The FTSE 100 closed down 0.79 per cent, or 55.2 … Read more
The BoE could raise interest rates earlier than expected in the face of soaring in inflation, says HSBC boss CFO Ewen Stevenson predicts the base rate could start moving from mid-2022 The raise in interest rates would be welcomed by long-suffering savers The Bank of England slashed interest rates to a record low of 0.1% … Read more
Food fight over Ben & Jerry’s: Boycott of Israeli settlements puts ice-cream brand at odds with owner Unilever By Alex Brummer for the Daily Mail Published: 17:26 EDT, 29 July 2021 | Updated: 17:26 EDT, 29 July 2021 Of all Britain’s companies Unilever, among the largest of them all with a stock market value of … Read more
Food fight over Ben & Jerry’s: Boycott of Israeli settlements puts ice-cream brand at odds with owner Unilever By Alex Brummer for the Daily Mail Published: 17:26 EDT, 29 July 2021 | Updated: 17:26 EDT, 29 July 2021 Of all Britain’s companies Unilever, among the largest of them all with a stock market value of … Read more
Virgin Media 02 ramps up broadband battle with BT-owned Openreach by pledging to upgrade its entire network of 14m homes and businesses to full fibre by the end of 2028 Group said the ultrafast fibre tech would be laid alongside existing cables In June, BT-owned Openreach announced full fibre expansion to 551 more sites By … Read more
Boss of world’s largest hedge fund dismisses bitcoin and other cryptocurrencies as having ‘no inherent worth’ By Tom Harmsworth For The Daily Mail Published: 17:11 EDT, 26 July 2021 | Updated: 17:43 EDT, 26 July 2021 The boss of the world’s largest hedge fund has dismissed bitcoin and other cryptocurrencies as having ‘no inherent worth’. … Read more
First Group’s largest shareholder demands chief executive resigns as it steps up battle with transport group By Francesca Washtell For The Daily Mail Published: 17:11 EDT, 26 July 2021 | Updated: 17:43 EDT, 26 July 2021 Fist Group’s largest shareholder has demanded its chief executive resign as it steps up its battle with the transport … Read more
Last of three Persimmon executives to cash in from £185m bonus scheme is leaving housebuilder By Daily Mail City & Finance Reporter Published: 17:10 EDT, 26 July 2021 | Updated: 17:44 EDT, 26 July 2021 The last of the three Persimmon executives to cash in from a £185m bonus scheme is leaving the housebuilder. Finance … Read more