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British supermarket chains offer an antidote to the despondency about the future of shopping after the insolvency procedures at Arcadia and Debenhams. With much of the High Street closed in November the grocers made hay, with consumers spending £10.9billion on food and drink, a rise of 11.3 per cent. By getting their holiday ranges out … Read more
Today alone, fraud victims in Britain will lose another £4 million. That’s around £1.5 billion pocketed by scammers in a year. And as career criminals continue to outsmart the police, banks and security experts, these losses are only set to balloon further. So it’s little wonder our profit-hungry High Street banks are feeling a bit … Read more
The word of finance is puzzled. How is it that fishing, which accounts for just 0.1 per cent of the British economy and at most employs 24,000 people, has become the linchpin issue in the never-ending UK-EU trade talks? There are all manner of explanations cited, including the UK’s maritime traditions, the impact on the … Read more
RUTH SUNDERLAND: Business is up to the challenge of using coronavirus as a catalyst for change – as long as politicians don’t muck it up Many of those going under are victims of their over-indebtedness and bad management, not the virus The coronavirus vaccine has the potential to pull us out of our financial funk … Read more
JEFF PRESTRIDGE: Without prompt action, I fear the end of cash as a payment mechanism – and the death of communities nationwide By Jeff Prestridge for The Mail on Sunday Published: 21:52 GMT, 5 December 2020 | Updated: 21:52 GMT, 5 December 2020 How frustrating. A key announcement on recommendations to keep cash alive on … Read more
If share prices are a crude indicator of confidence in the future of an economy, what should we make of the FTSE100 index closing on Friday at 6,550 – its highest point for nine months? Relief after the misery of last spring and a hope that come the summer we will be regaining much of … Read more
ALEX BRUMMER: Chancellor could discourage risk taking and raise funds for Exchequer by removing break on debt interest – what’s holding him back? The common theme which dragged down firms before and during the pandemic is borrowings The UK tax system favours companies, whether owned by private equity, rich entrepreneurs or publicly quoted, which take … Read more
ALEX BRUMMER: The grocers that saw the light – and those who are still sitting on their hands By Alex Brummer for the Daily Mail Published: 21:11 GMT, 3 December 2020 | Updated: 21:11 GMT, 3 December 2020 The cascade of grocers rushing to pay back Covid business rates relief rather than suffer the slings … Read more
Pharma’s shot in the arm: Being outside the EU does not appear to be troubling British innovation just yet, says ALEX BRUMMER By Alex Brummer for the Daily Mail Published: 21:50 GMT, 2 December 2020 | Updated: 21:50 GMT, 2 December 2020 Long before Covid crept out of Wuhan a year ago, Britain’s life sciences … Read more
ALEX BRUMMER: Covid has shown us that Britain’s creaky retail sector is in desperate need of repurposing By Alex Brummer for the Daily Mail Published: 23:07 GMT, 1 December 2020 | Updated: 23:07 GMT, 1 December 2020 The pandemic has been as much an economic shock as a health emergency. It has concertinaed commercial change. … Read more