RBS earmarks £1bn for female entrepreneurs as new boss bids to win back small and medium business customers By Ruth Sunderland for the Daily Mail Published: 21:50 GMT, 23 January 2020 | Updated: 22:18 GMT, 23 January 2020 The Royal Bank of Scotland’s first female chief executive is today launching a £1billion fund to support … Read more
Just Eat’s £6bn takeover facing delay as competition watchdog launches surprise probe By Daily Mail City & Finance Reporter Published: 21:51 GMT, 23 January 2020 | Updated: 21:51 GMT, 23 January 2020 The Competition and Markets Authority is examining Just Eat’s tie-up with Dutch rival Takeaway.com The £6billion takeover of Just Eat could be delayed … Read more
Steel unions strike a deal with the Chinese firm hoping to rescue British Steel By Daily Mail City & Finance Reporter Published: 21:51 GMT, 23 January 2020 | Updated: 21:51 GMT, 23 January 2020 Chinese Jingye, which is hoping to rescue British Steel, has reached a deal with trade unions over the terms of workers’ … Read more
MARKET REPORT: Struggling Asos gifted a £1.1bn festive boost with sales rising 20% in the last four months of 2019 By Ian Lyall For The Daily Mail Published: 21:50 GMT, 23 January 2020 | Updated: 21:50 GMT, 23 January 2020 Black Friday turned out to be a red-letter day for Asos, which delivered strong trading … Read more
Restaurant sector’s woes continue as Handmade Burger Co shuts its doors for good putting 283 staff out of work The number of insolvent restaurants has risen every year for the past five years Raw material costs and a saturated market have hurt the casual dining sector Handmade Burger Co was founded by the Sargeant family … Read more
Countryside Properties reveals surge in demand for its new-build homes with orders topping £1.5bn Countryside’s order book is up 65 per cent in the three months to 31 December Housebuilder reported strong demand for both private and affordable homes It said it completed 1,097 homes in the quarter with average price of £394,000 By This … Read more
FTSE LIVE: Asos smashes £1bn sales mark; Electric car giant Tesla valued at over $100bn; Hotel Chocolat sees Christmas sales jump By This Is Money Published: 07:58 GMT, 23 January 2020 | Updated: 08:07 GMT, 23 January 2020 Online fashion shop Asos scored over £1billion in sales over the four month period covering Christmas. Total … Read more
Sainsbury boss quits after failed Asda deal: Mike Coupe pays for collapse of £14bn merger last year By Matt Oliver For The Daily Mail Published: 22:00 GMT, 22 January 2020 | Updated: 22:50 GMT, 22 January 2020 The boss of Sainsbury’s has quit less than a year after he had to abandon his plan to … Read more
Ted Baker lurches further into crisis after size of its accounting scandal more than doubles – to £58m By Daily Mail City & Finance Reporter Published: 22:00 GMT, 22 January 2020 | Updated: 22:49 GMT, 22 January 2020 Ted Baker has lurched further into crisis after the size of its accounting scandal more than doubled … Read more
More than 150 shop worker jobs were lost every day last year as the bloodbath on Britain’s high streets continued By Matt Oliver For The Daily Mail Published: 22:00 GMT, 22 January 2020 | Updated: 22:49 GMT, 22 January 2020 More than 150 shop worker jobs were lost every day last year as the bloodbath … Read more
Xavier Rolet standing down from role at leading hedge fund CQS after little more than a year in job By Daily Mail City & Finance Reporter Published: 22:00 GMT, 22 January 2020 | Updated: 22:49 GMT, 22 January 2020 Xavier Rolet, the former chief executive of the London Stock Exchange, is standing down from his … Read more
Tesla boss Elon Musk looks set for pay bonanza after his firm becomes first listed American car maker to be valued at more than $100bn By Matt Oliver For The Daily Mail Published: 22:00 GMT, 22 January 2020 | Updated: 22:49 GMT, 22 January 2020 Tesla boss Elon Musk looks set for a pay bonanza … Read more
New boss of BP plotting major shake-up of energy giant that will see it introduce tough new climate goals By Daily Mail City & Finance Reporter Published: 22:00 GMT, 22 January 2020 | Updated: 22:48 GMT, 22 January 2020 The new boss of BP is plotting a major shake-up of the energy giant that will … Read more