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
Finance boss at struggling Liberty Steel claims he was in the dark over company finances By Matt Oliver For The Daily Mail Published: 22:25 BST, 22 June 2021 | Updated: 22:25 BST, 22 June 2021 Liberty Steel’s chief financial officer was unable to answer questions from MPs about the company’s balance sheet A finance boss at … Read more
Joshua puts his cash into cannabis: Heavyweight champ takes stake in CBD brand Love Hemp By Daily Mail City & Finance Reporter Published: 22:11 BST, 21 June 2021 | Updated: 22:11 BST, 21 June 2021 Boxer Anthony Joshua is the latest celebrity to get involved in the City’s cannabidiol (CBD) craze. The two-time world heavyweight … Read more
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
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
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 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
Hedge funds take £162m bet against shares in property giant British Land By Neil Craven, Financial Mail on Sunday Published: 21:50 BST, 19 June 2021 | Updated: 21:50 BST, 19 June 2021 Hedge funds have taken a £162million bet against shares in property giant British Land. Official data shows the value of British Land shares … Read more
Lloyds Banking Group is set to buy its first property under radical plans to become a private landlord By Emma Dunkley, Financial Mail On Sunday Published: 21:51 BST, 19 June 2021 | Updated: 21:51 BST, 19 June 2021 Lloyds Banking Group is set to buy its first property under radical plans to become a private … Read more
Think-tank warns that sudden spike in inflation is set to cost the average family as much as £700 By Neil Craven, Financial Mail on Sunday Published: 21:50 BST, 19 June 2021 | Updated: 22:06 BST, 19 June 2021 A sudden spike in inflation is set to cost the average family as much as £700, a … Read more
Campaigners claim profits made by Britain’s biggest children’s home provider a ‘scandal’ By Daily Mail City & Finance Reporter Published: 22:00 BST, 18 June 2021 | Updated: 22:00 BST, 18 June 2021 The profits made by Britain’s biggest children’s home provider are a ‘scandal’, claim campaigners. Caretech increased its profits by 140 per cent to … Read more
Fashion giant Boohoo set to join official ‘list of shame’ after investors rebel over fat cat pay: But founder survives By Matt Oliver For The Daily Mail Published: 21:51 BST, 18 June 2021 | Updated: 22:07 BST, 18 June 2021 Fashion giant Boohoo is set to join an official ‘list of shame’ after investors rebelled … Read more
BP set to plough £407m into string of solar power projects in northern Spain as oiler continues its net zero mission By Daily Mail City & Finance Reporter Published: 21:51 BST, 18 June 2021 | Updated: 21:51 BST, 18 June 2021 BP is set to plough £407m into a string of solar power projects in … Read more