Stop treating scammers’ victims as second-class citizens, say experts

Consumer champion Martin Lewis says there is not enough sympathy for fraud victims, and is calling for a police crackdown on the ‘almost unpunished crime’. The Money Saving Expert founder warns that those who fall prey to scammers are seen as ‘lesser victims’ because people wrongly assume that they have the money to spare. He … Read more

Lone Star has £862m final bid for engine parts maker Senior rejected

US predator has its £862m final bid for aircraft and car parts maker Senior rejected By Matt Oliver For The Daily Mail Published: 22:23 BST, 22 June 2021 | Updated: 22:55 BST, 22 June 2021 Takeover target: Senior supplies parts to jet engine manufacturer Rolls-Royce Aircraft and car parts maker Senior declared victory after fighting … Read more

Revolut sees losses double despite cashing in on cryptocurrency boom

Banking app Revolut saw losses almost double in 2020 despite cashing in on the cryptocurrency boom, as it continued to expand rapidly around the world and saw staff costs jump. The fintech company chaired by the former boss of Standard Life Aberdeen, Martin Gilbert, said it made a £39million gain on its cryptocurrency investments last year. … Read more

Wise to list in London: Is the City in store for Deliveroo Round 2?

With memories of Deliveroo’s Initial Public Offering flop still alive in the City, investors may approach Wise’s long-awaited London listing with caution. Wise has become somewhat of a darling in the fintech world and has attracted investment from the likes of Silicon Valley Bank and Sir Richard Branson. The payments app, which was recently rebranded … Read more

UK remains the top hub for European finance

UK is still Europe’s ‘destination of choice’ for investment in financial services – but has lost ground to France By Daily Mail City & Finance Reporter Published: 00:01 BST, 21 June 2021 | Updated: 00:01 BST, 21 June 2021 The UK is still Europe’s ‘destination of choice’ for investment in financial services – but has … Read more

Hospitality is reeling from staff shortage in lockdown

Industry leaders warn PM Boris Johnson’s end-of-lockdown betrayal has exacerbated chronic staff shortages faced by restaurants, bars and hotels By Daily Mail City & Finance Reporter Published: 21:50 BST, 20 June 2021 | Updated: 21:50 BST, 20 June 2021 Boris Johnson’s end-of-lockdown betrayal has exacerbated the chronic staff shortage faced by restaurants, bars and hotels, … Read more

Morrisons rejects £5.5bn takeover approach by private equity firm

Morrisons rejects £5.5bn takeover approach by private equity firm advised by former Tesco boss Sir Terry Leahy By Neil Craven, Financial Mail on Sunday Published: 21:50 BST, 19 June 2021 | Updated: 09:44 BST, 20 June 2021 Grocery giant Morrisons has rejected a £5.5billion takeover approach by a US private equity firm advised by former … Read more