Amazon’s opens huge Manchester tech centre

Amazon’s opens huge Manchester tech centre which it claims will eventually employ 600 people By Daily Mail City & Finance Reporter Published: 22:08 BST, 15 January 2020 | Updated: 22:08 BST, 15 January 2020 Amazon has opened a new corporate base in Manchester as it continues to ramp up its presence in the North. The … Read more Amazon’s opens huge Manchester tech centre

Climate risks put at top of Davos agenda – but business leaders still fly in

Climate risks put at top of Davos agenda… as the global elite fly in on their private jets! By Lucy White For The Daily Mail Published: 22:07 BST, 15 January 2020 | Updated: 22:07 BST, 15 January 2020 The World Economic Forum has urged business leaders to step into the void left by governments in … Read more Climate risks put at top of Davos agenda – but business leaders still fly in

Fairburn opens US-style fund to give some of his £82m bonus to charity

Former Persimmon boss Jeff Fairburn sets up US-style fund to give some of his £82m bonus to charity By Daily Mail City & Finance Reporter Published: 22:03 BST, 15 January 2020 | Updated: 22:03 BST, 15 January 2020 Former Persimmon boss Jeff Fairburn will give some of his £82m bonus to charity, it has emerged … Read more Fairburn opens US-style fund to give some of his £82m bonus to charity

Upmarket grocer Booths fights off competition from German discounters

Upmarket grocer Booths fights off festive competition from the German discounters By Daily Mail City & Finance Reporter Published: 22:03 BST, 15 January 2020 | Updated: 22:03 BST, 15 January 2020 Sales at upmarket grocer Booths rose over Christmas as it fought off intense competition from the German discounters. The chain, known as the ‘Waitrose … Read more Upmarket grocer Booths fights off competition from German discounters

ALEX BRUMMER: Bank should think of savers and hold fire on rate cut

The drumbeat for a cut in interest rates is building, with money markets betting on a reduction as soon as January 30 when the Monetary Policy Committee meets. Some 62 per cent of traders have placed deals which point to a quarter of a percentage point cut in the bank rate to 0.5 per cent. This … Read more ALEX BRUMMER: Bank should think of savers and hold fire on rate cut

China pledges to import more US goods if Trump scraps new tariffs

China pledges to import more US goods if Trump scraps new tariffs as world’s two largest economies agree trade pact By Lucy White For The Daily Mail Published: 21:57 BST, 15 January 2020 | Updated: 21:57 BST, 15 January 2020 The US and China moved a step closer to resolving their 18-month trade war after … Read more China pledges to import more US goods if Trump scraps new tariffs

Baker Greggs teams up with Just Eat to expand food delivery service 

Steak slices and vegan sausage rolls delivered! Baker Greggs teams up with Just Eat to expand food delivery service By Daily Mail City & Finance Reporter Published: 21:56 BST, 15 January 2020 | Updated: 21:56 BST, 15 January 2020 Delivery decision: Greggs said that it had decided to work exclusively with Just Eat Greggs has … Read more Baker Greggs teams up with Just Eat to expand food delivery service 

Savers face more misery as interest rate cut looms

Savers face more misery as interest rate cut looms… but mortgages could get EVEN cheaper By Hugo Duncan for the Daily Mail Published: 21:52 BST, 15 January 2020 | Updated: 21:52 BST, 15 January 2020 Long-suffering savers are braced for a further hit to their nest eggs as pressure mounts on the Bank of England … Read more Savers face more misery as interest rate cut looms

Malaysian fraud scandal hits Goldman Sachs’ with profits down 19%

Malaysian fraud scandal hits Goldman Sachs’ results with profits down 19% from the previous year By Daily Mail City & Finance Reporter Published: 21:50 BST, 15 January 2020 | Updated: 21:50 BST, 15 January 2020 Goldman Sachs’ missed profit expectations as it blamed a surge in litigation charges Legal costs relating to a Malaysian fraud … Read more Malaysian fraud scandal hits Goldman Sachs’ with profits down 19%

MARKET REPORT: £1.2billion writedown clobbers troubled Tullow Oil

Tullow Oil’s shares are so easily rattled these days that a trading update with few real surprises sent it plunging into the red. Scrapped exploration projects, a lower assumption about what oil prices will be in the long term and a re-evaluation of how much oil is at some of its sites in Ghana mean … Read more MARKET REPORT: £1.2billion writedown clobbers troubled Tullow Oil