Insurers brace themselves for cost of Australian wildfire destruction Lloyd’s of London said it is too early to put a number on the impact of the blazes The blazes have burned through an area almost three times the size of Wales Local news sources have reported that insurance claims could top £320 million By … Read more
Terry Leahy hopes to cash-in on the growing backlash against vaping Sir Terry has partnered with Voke, a device that gives users a hit with no smoke The device claims to be more effective than patches or gum Move comes as US health chiefs move to ban the devices from teenagers By James Salmon for the … Read more
ALEX BRUMMER: The cost of climate risk soars as British insurers are exposed to Australian Bush Fires By Alex Brummer City Editor For The Daily Mail Published: 23:00 GMT, 2 January 2020 | Updated: 23:17 GMT, 2 January 2020 Mark Carney has been banging on about climate change since the autumn of 2015. Among sceptics, … Read more
Allianz starts 2020 off as UK’s second largest insurer after Aviva having sealed deals worth £820 million The Munich company has completed two £820 million deals The move puts the company just behind Aviva in the general insurance market By A Daily Mail Reporter Published: 23:00 GMT, 2 January 2020 | Updated: 23:16 GMT, 2 … Read more
John and Irene Hays of Hays Travel stepped up to pick up some of the pieces of the Thomas Cook bust Which of Britain’s business leaders performed as well as they were paid… Those who did: John and Irene Hays, Hays Travel From the wreckage of Thomas Cook’s tragic collapse came at least one good … Read more
Bittersweet: I’m penalised for success, says hotel chocolat boss Thirlwell By A Daily Mail Reporter Published: 22:30 GMT, 2 January 2020 | Updated: 23:14 GMT, 2 January 2020 The boss of Hotel Chocolat said the high rents his company faces are a ‘penalty for being successful’. Co-founder Angus Thirlwell has opened fire on controversial insolvency … Read more
Beijing bounce: Liquidity injection from China’s Central Bank turns the trading screens green on New Year’s Chinese Central Bank gives the market a whooping £87billion kick-start Move comes off the back of the US-China trade war and a weak year for the SSE FTSE, DAX, and the DOW were nudged up as global markets reacted … Read more
Woe! Woe! Woe! Retailers battled against weak demand this Christmas By A Daily Mail Reporter Published: 22:30 GMT, 2 January 2020 | Updated: 23:12 GMT, 2 January 2020 Shop prices continued to fall in December as struggling retailers responded to weak demand and intense competition in the crucial run-up to Christmas. Woe! Woe! Woe! Santa … Read more
Woodford faces another legal battle as third law firm pursues claims By A Daily Mail Reporter Published: 23:08 GMT, 2 January 2020 | Updated: 23:08 GMT, 2 January 2020 Another legal firm is exploring action against former fund manager Neil Woodford A third law firm is pursuing claims against Hargreaves Lansdown in the wake of … Read more
Airbus to become the world’s largest plane manufacturer for first time since 2011 as Boeing falls into second place By A Daily Mail Reporter Published: 23:00 GMT, 2 January 2020 | Updated: 23:00 GMT, 2 January 2020 Airbus has overtaken Boeing to become the world’s largest plane manufacturer. The European company delivered 863 planes in … Read more
The Great Trade Wall: China blocks market pact with London China has unofficially halted Shanghai-London Stock Connect sheme Scheme allows Chinese companies access to international investors Johnson faced with controversy over Chinese technology giant Huawei By Lucy White For The Daily Mail Published: 22:45 GMT, 2 January 2020 | Updated: 22:45 GMT, 2 January 2020 … Read more
Some British Gas customers on prepayment meters left fuming after struggling to top-up as energy giant ditches Paypoint for Payzone Some British Gas customers say they didn’t know about top-up changes People on social media claim they were without energy on New Year’s Day From 1 January 2020, pre-pay customers can’t use Paypoint terminals Have … Read more
Last minute holidaymakers can save up to 63 per cent on the price of a city break by departing in January or February, research shows. The average price per person, per night for a short-haul city break for flights and a three or four star hotel in December is £179.60. However, this drops to just … Read more