moneymarkets

Bank of England official says outlook for economy is rosier than first thought By Daily Mail City & Finance Reporter Published: 21:55 GMT, 26 March 2021 | Updated: 22:18 GMT, 26 March 2021 The outlook for the economy is rosier than first thought, a Bank of England official has said.  Michael Saunders told guests on … Read more

Trendy office provider We Work joins Spac craze sweeping Wall Street as it attempts to float for second time By Matt Oliver For The Daily Mail Published: 21:55 GMT, 26 March 2021 | Updated: 22:16 GMT, 26 March 2021 Trendy office provider We Work has joined the Spac craze sweeping Wall Street as it attempts … Read more

Fund managers ‘overly optimistic’ about how they can cope with rush of investors quitting, according to review published in wake of Woodford scandal By Daily Mail City & Finance Reporter Published: 21:55 GMT, 26 March 2021 | Updated: 22:15 GMT, 26 March 2021 Fund managers are ‘overly optimistic’ about how they can cope with a … Read more

Burberry hit by Chinese backlash over accusations that Muslim Uighurs have been subjected to forced labour By Daily Mail City & Finance Reporter Published: 21:55 GMT, 26 March 2021 | Updated: 22:15 GMT, 26 March 2021 Burberry is facing a growing backlash in China as it became the latest brand to be knocked by rising … Read more

SMALL CAP MOVERS: Parsley Box ready to float; Virtual queuing firm Accesso ready to recover By John Harrington, Proactive Investors For Thisismoney.co.uk Published: 14:18 GMT, 26 March 2021 | Updated: 14:18 GMT, 26 March 2021 If any more evidence about the growing popularity of home delivery services was needed, the flotation of Parsley Box has … Read more

Decarbonising the UK’s most carbon-heavy industries, including aviation and construction, could create 1.7 million new jobs by 2030 and ensure the UK achieves its net zero target, new research has claimed. The ‘Greening the Giants’ report says that a slim majority of all new jobs in decarbonisation would be created in the north of England, … Read more

Biggest ever stock market float by a British company: Arrival’s valuation hits £9.5bn as the electric vehicle maker lists on America’s Nasdaq Arrival shares started trading on the Nasdaq yesterday at $22 each  That gives the electric vehicle company a valuation of around $13.6bn (£9.5bn)  It’s the biggest ever float for a UK company, according … Read more

Ministers looking at all options to save Liberty Steel – and its 3,000 jobs – following Greensill Capital collapse By Francesca Washtell For The Daily Mail Published: 21:50 GMT, 25 March 2021 | Updated: 22:34 GMT, 25 March 2021 The Government is considering ‘all options’ to make sure Liberty Steel does not go bust. The … Read more

A host of Britain’s biggest fund managers have snubbed Deliveroo’s stock market float amid growing concern over the treatment of its workers. Aberdeen Standard, Legal & General and M&G joined Aviva in shunning what looks like being the biggest London listing in a decade. In a further setback, CCLA, which manages funds for the Church … Read more