Trump trade war with EU threatens to put tariffs on Cheddar, Stilton and smoked salmon exports By City & Finance Reporter For Financial Mail On Sunday Published: 23:02 GMT, 9 April 2019 | Updated: 07:59 GMT, 10 April 2019 Cheddar, Stilton and smoked salmon exports to the US could be hit with higher tariffs as … Read more
As crunch time approaches for Sirius Minerals, the fertiliser company boring a massive tunnel underneath the North York Moors, investors have been eagerly snapping up its shares. Sirius is trying to thrash out a financing agreement worth more than £2.5billion with an unnamed major financial institution, which should secure the construction of its Yorkshire polyhalite … Read more
Hundreds of jobs at risk as Barclays moves tech and customer service positions to Glasgow, Manchester and Northampton By City & Finance Reporter for the Daily Mail Published: 23:02 GMT, 9 April 2019 | Updated: 23:02 GMT, 9 April 2019 Barclays is moving 400 technology and customer service positions to Glasgow, Manchester and Northampton Hundreds … Read more
IN THE MONEY: G4S chief exec Ashley Almanza, 55, pocketed £2.9m last year By City & Finance Reporter for the Daily Mail Published: 23:02 GMT, 9 April 2019 | Updated: 23:02 GMT, 9 April 2019 The boss of security firm G4S pocketed £2.9million last year. This was down from the £3.8million he took home in … Read more
Standard Chartered fined for breaking Iran sanctions after letting a customer open an account with suitcase of cash By James Burton For The Daily Mail Published: 23:02 GMT, 9 April 2019 | Updated: 23:02 GMT, 9 April 2019 Standard Chartered let a customer open a bank account using a suitcase stuffed with £500,000 in cash in … Read more
Online womenswear firm Sosandar’s sales soar 228% thanks to celebrity support By City & Finance Reporter for the Daily Mail Published: 23:02 GMT, 9 April 2019 | Updated: 23:02 GMT, 9 April 2019 Online womenswear firm Sosandar has seen sales soar thanks to booming demand for animal print dresses and leather pencil skirts. The firm, … Read more
Sports Direct tycoon Mike Ashley is thought to have lost as much as £150m from his 29.9 per cent stake in Debenhams Sports Direct tycoon Mike Ashley suffered a humiliating defeat after his dogged attempts to take over Debenhams were knocked back – wiping out his entire investment. The retail mogul is thought to have lost … Read more
FTSE CLOSE: Pound at $1.30 as May meets Merkel over Brexit; Debenhams slides into administration; US reveals plan for tariffs on $11bn of EU goods The FTSE 100 closed down 26.32 points at 7425.57 Debenhams crashed into administration after Ashley offer was rejected Cake Box said it expects to serve up a 30 per cent … Read more
ICG ENTERPRISE: Private equity management does not have a good reputation – but this trust isn’t an asset stripper By Jeff Prestridge, Financial Mail on Sunday Published: 21:53 BST, 6 April 2019 | Updated: 10:45 BST, 9 April 2019 Private equity management does not have a particularly good reputation, given its ruthless pursuit of profits … Read more
‘Sell everything and leave the country!’ That was the immediate response from a well-known City stockbroker to the notion of a Corbyn-led government. He is not alone. Millions of investors, large and small, are terrified by the idea of a Labour victory at the next General Election. Their fear is understandable. Labour intends to force … Read more
Jury in £322m fraud trial against four Barclays executives discharged By City & Finance Reporter for the Daily Mail Published: 21:57 BST, 8 April 2019 | Updated: 23:02 BST, 8 April 2019 The jury in the fraud trial against four Barclays executives has been discharged. John Varley, the bank’s chief executive from 2004 to 2011, … Read more
The FTSE 100 closed up 5.02 points at 7451.89 and the pound was at $1.31 against the dollar. Oil prices hit their highest level so far this year, fuelled by violent clashes in oil-rich Libya. The instability poses a threat to the supply of oil from Libya. A barrel of Brent crude was trading 0.97 … Read more
England football legend Shaun Wright Phillips on money in the game, agents, US soccer and how to tackle racism – This is Moneyball podcast By This Is Money Published: 15:04 BST, 8 April 2019 | Updated: 15:04 BST, 8 April 2019 It is 2019 – and yet we still haven’t managed to kick racism out … Read more