Investors face £33trn climate change threat: Fund manager warns shares could fall 30% if global warming is not controlled By Daily Mail City & Finance Reporter Published: 21:50 GMT, 30 December 2019 | Updated: 21:50 GMT, 30 December 2019 Around £33trillion could be wiped off the value of global stock markets because of climate change, … Read more
Drugs company Astrazeneca rounded off a stellar decade as it announced its lynparza ovarian cancer treatment has now been granted approval in the US to treat pancreatic cancer. The nod from the US Food and Drug Administration (FDA) marks the first time that a drug of this kind, which blocks the DNA repair mechanism so … Read more
FTSE LIVE: Carney says climate change will damage pension funds; Rio Tinto miners return to work after shooting in South Africa; Small business confidence slumps to eight-year low Carney said the curbing of investment into fossil fuels was too slow Rio Tinto miners in South Africa return to work following a shooting Confidence among small … Read more
Smiths Group boss rumoured to be set to leave after firm spins off its medical arm By Daily Mail City & Finance Reporter Published: 21:50 GMT, 29 December 2019 | Updated: 21:55 GMT, 29 December 2019 Smiths Group is due to spin off its £2billion medical arm in the first half of 2020 The boss … Read more
Up to 10,000 jobs at risk in HSBC overhaul: Lender’s interim boss seeks to cut costs across global bank By Daily Mail City & Finance Reporter Published: 21:50 GMT, 29 December 2019 | Updated: 21:50 GMT, 29 December 2019 HSBC is plotting an overhaul that could see up to 10,000 jobs axed. Noel Quinn, the … Read more
Doting daughters sending their mothers flowers help business boom at florist Bloom & Wild By Daily Mail City & Finance Reporter Published: 21:50 GMT, 29 December 2019 | Updated: 21:50 GMT, 29 December 2019 Daughters sending their mothers flowers helped business boom at Bloom & Wild this year. Turnover surged by 70 per cent at … Read more
Tracking through the air: After traders are caught tapping into leaked Bank audio feed. we reveal how hedge funds trail private jets to get an edge on deals Traders are paying up to £76,000 for flight data to try and gain an advantage Quandl collects information about private jets’ movements to sell to investors Following … Read more
Political chaos sees total value of takeovers this year fall by 30% Foreign acquisitions by British companies fell by 69 per cent this year Analysts are expecting a wave of deals in 2020 because of rising certainty A weak pound has made it tougher for British companies to buy firms abroad By Ben Harrington For … Read more
DON’T expect a miracle year, say economists. Growth will stay below 2% despite the Brexit dividend and house prices will not go up for months The International Monetary Fund prediction for UK growth is 1.4 per cent in 2020 Low unemployment (now 3.8%) has been a success story of the post-crisis years Economist Peter Dixon, … Read more
Posh pet food firms loved by Prince Charles and Ed Sheeran want buyers to gorge on £150million feast London-based Lily’s Kitchen was founded by Henrietta Morrison in 2008 Forthglade, which boasts ‘100 per cent natural’ pet food, was set up in Devon Financiers estimated that Lily’s Kitchen could be worth as much as £100million By … Read more
Mobile bank Monzo makes call out to raise tens of millions for expansion The startup digital bank now has around 3.5 million customers and 1,500 staff Monzo received £113million from specialist venture capitalists earlier this year It is popular with young people due to its coral-coloured debit cards and its app By Ben Harrington For … Read more
Major office cleaning firm sweeps up Welsh company for £490million By Financial Mail on Sunday Reporter Published: 22:00 GMT, 28 December 2019 | Updated: 23:21 GMT, 28 December 2019 Caerphilly-based PHS – which services 300,000 offices and toilets – was founded in 1963 as Personal Hygiene Services by brothers George and Alfred Tack Britain’s largest … Read more
Itsu, the Asian-inspired fast-food chain, will more than double in size over the next five years by opening 100 outlets across the UK and abroad, The Mail on Sunday can reveal. The ambitious expansion strategy, led by millionaire founder Julian Metcalfe, should treble Itsu’s sales – while other restaurants are struggling to survive. Half the … Read more