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The recently posted offer document by £30billion mining giant Anglo-American for the purchase of Sirius Minerals reads like any other. The buyer underlines the generosity of its bid noting the big 34.1 per cent premium to the price on the day of the announced deal, and an even bigger uplift of 61.7 per cent if the … Read more
One in six think their relationship with money is unhealthy according to a new ‘Money Wellness Index’ The survey found that only 6 in 10 feel in control of their finances First Direct asked 4,300 people as part of a new Money Wellness Index More than a third agree they need money to be happy By … Read more
FTSE CLOSE: Retail sales slide again; Ladbrokes owner hails ‘excellent’ year; Gym Group posts healthy revenue growth By This Is Money Published: 08:13 GMT, 17 January 2020 | Updated: 17:10 GMT, 17 January 2020 The FTSE 100 closed up 64.75 points at 7674.56 and the pound was at $1.30 against the dollar. In the … Read more
SMALL CAP MOVERS: Lekoil value plunges by two-thirds as it falls victim to investment scam By Calum Muirhead At Proactive Investors For Thisismoney Published: 12:15 GMT, 17 January 2020 | Updated: 12:15 GMT, 17 January 2020 Junior oiler Lekoil was the major story on AIM this week with its value dropping by around two-thirds after … Read more
Ladbrokes owner GVC hails ‘excellent’ trading as booming online business outweighs hit from crackdown on betting terminals Betting giant thrives despite regulation on fixed-odds betting terminals (FOBTs) UK retail like-for-like revenues dived 12 per cent over the year as a result GVC Holdings said it benefited from ‘strong’ online growth in the fourth quarter By Sara … Read more
A Lastminute customer is out of pocket after booking the same holiday twice, believing it hadn’t gone through the first time. Mr Liu, from Portsmouth, booked a holiday on 1 December 2019 for four people to travel to Tenerife and stay in all-inclusive accommodation from 8 to 12 December. During the booking process, he says … Read more
Toyota hails flying taxis plan with £300m gamble: Japanese car maker backs California-based Joby Aviation By Daily Mail City & Finance Reporter Published: 21:51 GMT, 16 January 2020 | Updated: 21:51 GMT, 16 January 2020 Toyota has made a £300million bet on flying taxis. The Japanese car maker led a £450million fundraising by California-based Joby … Read more
MARKET REPORT: Trade talks push Wall Street to record highs as spat between China and the US moves a step closer to being resolved By Francesca Washtell For The Daily Mail Published: 21:51 GMT, 16 January 2020 | Updated: 21:51 GMT, 16 January 2020 The rally on Wall Street gained more steam last night as … Read more
The folly of serial sell-offs: Doing the splits can leave the mother ship vulnerable, says ALEX BRUMMER By Alex Brummer for the Daily Mail Published: 21:51 GMT, 16 January 2020 | Updated: 21:51 GMT, 16 January 2020 At first blush, there looks to be very little in common at FTSE 100 quoted firms ABF, Pearson … Read more
Boss of High Street retailer The Works to steps down after shock profit warning sends shares tumbling By Daily Mail City & Finance Reporter Published: 21:50 GMT, 16 January 2020 | Updated: 21:50 GMT, 16 January 2020 The Works chief exec Kevin Keaney (pictured) will be replaced by chief financial officer Gavin Peck The Works’ … Read more