H&M family fashion a £1.1bn windfall for themselves as they begin a major shake-up By Daily Mail City & Finance Reporter Published: 21:50 GMT, 30 January 2020 | Updated: 22:19 GMT, 30 January 2020 The family behind H&M was £1.1billion richer last night as they embarked on a major shake-up of how they run the … Read more
ON THE BOARD: Shriti Vadera, 57, becomes Prudential’s first female chairman By Daily Mail City & Finance Reporter Published: 21:51 GMT, 30 January 2020 | Updated: 22:18 GMT, 30 January 2020 Prudential has poached Santander’s Shriti Vadera to become its first female chairman. Baroness Vadera, who served as a minister in the business department under … Read more
Unilever boss faces uphill battle after profits slide: PG Tips up for sale after profits plunged 33% in 2019 By Matt Oliver For The Daily Mail Published: 21:51 GMT, 30 January 2020 | Updated: 22:18 GMT, 30 January 2020 Unilever boss Alan Jope said he was ‘absolutely determined’ to get the business growing again after … Read more
Antivirus software provider Avast slumps for third day despite pledge to close department at centre of data privacy scandal By Daily Mail City & Finance Reporter Published: 21:51 GMT, 30 January 2020 | Updated: 22:18 GMT, 30 January 2020 Avast’s shares slumped for a third day after it said it will close the division at … Read more
ALEX BRUMMER: Carney trusts the bounce at the end of an exceptional seven years as Bank of England governor By Alex Brummer for the Daily Mail Published: 21:51 GMT, 30 January 2020 | Updated: 22:17 GMT, 30 January 2020 Mark Carney’s near seven-year sojourn as governor of the Bank of England is ending with a … Read more
Aston Martin plans to sell a stake in the business as it struggles to stay afloat after disastrous stock market debut By Daily Mail City & Finance Reporter Published: 21:51 GMT, 30 January 2020 | Updated: 22:17 GMT, 30 January 2020 Aston Martin could reveal plans to sell a stake in the business as soon … Read more
Jaguar Land Rover chief steps aside after a decade at the wheel as car maker begins another £1.1bn round of cost cuts By Daily Mail City & Finance Reporter Published: 21:50 GMT, 30 January 2020 | Updated: 22:15 GMT, 30 January 2020 Jaguar Land Rover has kicked off another £1.1billion round of cost cutting as … Read more
Shares in Elon Musk’s Tesla surged to record highs after the electric car maker said it expected to sell more than 500,000 cars this year. The company’s stock rose by 11 per cent to almost $651 last night, meaning shares have increased by more than 260 per cent since June. Tesla is worth nearly £90billion, making … Read more
Fresh fears about the growing severity of the coronavirus outbreak tore through global stock markets yesterday. Equity markets in Asia, Europe and the US tumbled as the death toll from the outbreak hit 170 in China and the first person-to-person transmission was confirmed in America. More than 7,700 cases have been confirmed in China, while … Read more
Inheritance tax at 40 per cent should be ditched and replaced with a 10 per cent tax on annual gifts of £30,000-plus and a new death allowance, says a report by MPs. Their proposals would sweep away the current rules, including the seven-year survival one on large gifts – whereby the money gradually becomes free … Read more
House prices have only ever been as expensive as they are now compared to wages twice in the past 120 years. That one of those occasions was at the peak of the 2000s property boom will come as no great shock, but that the other was around the start of the 20th century might be … Read more
Tim and Liz: Kent couple want to get finances on track for a comfortable retirement In our Money Pit Stop series, we ask an investing expert to give This is Money readers a free portfolio makeover. Tim and his wife Liz live in Kent and want to invest for a comfortable retirement, which will include … Read more
The charity in charge of dealing with higher education applications is still promoting private loan companies to university students, despite criticism of the practice just five months ago. UCAS received a furious backlash last August after emails it sent out advertised private student loan company Future Finance. This firm provides loans with a representative APR … Read more