Cher’s number one hit Believe snapped up by music investment fund Hipgnosis By Daily Mail City & Finance Reporter Published: 21:51 GMT, 24 January 2020 | Updated: 21:51 GMT, 24 January 2020 A music investment fund has snapped up the rights to number one Cher hit Believe along with other chart-topping songs. Hipgnosis said it … Read more
On a strong day for the stock market, forex group Finablr stood out for all the wrong reasons. It lost more than a quarter of its value after it emerged billionaire majority owner BR Shetty had pledged 392m shares, or 56 per cent of the company, to refinance debts related to the acquisition of Travelex in … Read more
DIRECTOR DEALS: Fever-Tree non-exec director Kevin Havelock spends £300,000 on 21,600 shares By Daily Mail City & Finance Reporter Published: 21:51 GMT, 24 January 2020 | Updated: 21:51 GMT, 24 January 2020 Fever-Tree non-executive director Kevin Havelock has spent £300,000 on 21,600 shares in the tonic drink maker. Havelock, 62, spent an average of 1483p … Read more
The £112 million king of Wall Street: JP Morgan chief Jamie Dimon becomes the best-paid bank boss for fifth year in a row By Matt Oliver For The Daily Mail Published: 21:50 GMT, 24 January 2020 | Updated: 21:50 GMT, 24 January 2020 JP Morgan boss Jamie Dimon will be Wall Street’s best-paid banking chief … Read more
Ocado U-turn over school’s pollution fear: Online grocer pledges to use electric delivery vans from new London depot By Ben Atkinson For The Daily Mail Published: 21:50 GMT, 24 January 2020 | Updated: 21:50 GMT, 24 January 2020 Ocado has backed down in a row over plans to open a major distribution hub next to … Read more
Amazon to get £3m business rates rebate after arguing that mezzanine floors do not count as floor space By Daily Mail City & Finance Reporter Published: 21:50 GMT, 24 January 2020 | Updated: 21:50 GMT, 24 January 2020 Amazon is set to get millions of pounds in business rates back from a council after a … Read more
SMALL CAP MOVERS: Fevertree loses its fizz over American roll-out; Musical instrument seller Gear4music hits the right notes By Giulia Bottaro At Proactive Investors For Thisismoney.co.uk Published: 15:14 GMT, 24 January 2020 | Updated: 15:21 GMT, 24 January 2020 Fevertree lost its fizz this week after the after the premium tonic producer had to revise … Read more
Rolls-Royce aims to have at least ten ‘mini nuclear reactors’ that it can transport on lorries running by 2029 in plan which could revitalise energy industry Construction at Hinkley Point C is expected to be £3billion over budget Small modular reactors are portable enough to be transported on a lorry Proponents believe SMRs have better … Read more
Stocks surge as World Health Organisation calms investor fears over coronavirus outbreak and fresh data suggests an economic bounce is underway in Britain FTSE 100 up 1.6 per cent by midday, FTSE 250 up 1.2 per cent Business output returns to growth following December’s General Election result Global stock exchanges rally as coronavirus fears seen … Read more
Virgin Money starts hunt for a new chairman as City veteran Jim Pettigrew steps down Pettigrew engineered a major transformation in 2018 when bought by CYBG plc The chartered accountant joined the company in September 2012 Last year the business started to bring all of its services under the Virgin brand By Sara Scarlett For … Read more
EasyHotel reports losses despite strong booking numbers after new Ipswich hotel hit by £3million writedown Converting the listed building proved more complicated than first thought EasyHotel ended up taking a £3 million non-cash impairment on the hotel Despite the loss the budget hotel reported revenue growth of 56 per cent By Sara Scarlett For Thisismoney.co.uk Published: … Read more
Just Eat and Takeaway.com investors slam watchdog’s ‘shocking and unwarranted’ last minute decision to probe their planned merger The deal was announced six months ago but has now been delayed for a week Investors believe the merger is necessary to compete with other delivery firms The investigation comes after 90% of Just Eat shareholders accepted … Read more
Milestone: Alison Rose is the first woman to be chief executive of a Big Four UK bank Alison Rose is the first woman to be chief executive of a Big Four UK bank and the first to lead Royal Bank of Scotland since it was founded in 1727. But she certainly hasn’t let it go … Read more