moneymarkets

Fund manager Aviva to snub Deliveroo’s London listing due to concerns over workers’ rights By Daily Mail City & Finance Reporter Published: 21:50 GMT, 24 March 2021 | Updated: 21:50 GMT, 24 March 2021 A leading British fund manager has said it will shun Deliveroo’s London listing because of the way the food delivery firm … Read more

BT pays staff £1,500 bonus… but firm faces first nationwide strike for almost four decades By Matt Oliver For The Daily Mail Published: 21:50 GMT, 24 March 2021 | Updated: 21:50 GMT, 24 March 2021 BT has offered a £1,500 bonus to thousands of staff as it battles to prevent the first national strikes at … Read more

The John Lewis Partnership has revealed the locations of eight stores due to permanently close as it ploughs on with a radical shake-up of its operations.  John Lewis stores in Aberdeen, Peterborough, Sheffield and York will stay shut, as will four ‘At Home’ shops in Ashford, Basingstoke, Chester and Tunbridge Wells.  The radical move puts … Read more

Abu Dhabi agrees to pump £5bn into British technology and infrastructure By Daily Mail City & Finance Reporter Published: 22:36 GMT, 23 March 2021 | Updated: 22:58 GMT, 23 March 2021 Abu Dhabi will invest up to £5bn in the UK through its state-run fund Mubadala Abu Dhabi has agreed to pump billions of pounds into … Read more

Outrage after The National Crime Agency ditches its probe into fraud at HBOS Reading By Daily Mail City & Finance Reporter Published: 22:36 GMT, 23 March 2021 | Updated: 22:57 GMT, 23 March 2021 No evidence: The National Crime Agency has ditched its probe into alleged fraud at HBOS Reading The National Crime Agency (NCA) … Read more

A new breed of thrill-seeking investors is taking huge financial risks on assets such as bitcoin, according to the City watchdog. In an alarming report, the Financial Conduct Authority (FCA) said trendy investment apps and social media platforms were fuelling speculative bets on the markets. The regulator said this ‘new, younger, more diverse’ group of … Read more

Lockdown fraudsters took £135m from savers through investment scams last year By Lucy White For The Daily Mail Published: 22:36 GMT, 23 March 2021 | Updated: 22:36 GMT, 23 March 2021 Fraudsters  exploiting lockdown cheated savers out of £135.1million through scams last year. Criminals used the financial impact caused by the pandemic to lure more … Read more

Founder of retirement savings app Pensionbee eyes £135m windfall amid tech float buzz By Matt Oliver For The Daily Mail Published: 22:35 GMT, 23 March 2021 | Updated: 22:35 GMT, 23 March 2021 Windfall Pensionbee founder and chief exec Romi Savova A retirement savings app is the latest technology firm to unveil plans for a … Read more

Sky launches new business offering broadband to small firms as it steps up battle with BT By Daily Mail City & Finance Reporter Published: 22:35 GMT, 23 March 2021 | Updated: 22:35 GMT, 23 March 2021 Sky’s new subsidiary Sky Connect will offer broadband to small businesses Telecoms giant Sky has launched a business offering … Read more

Premium clothing retailer End snapped up by private equity giant Carlyle in £750m deal By Daily Mail City & Finance Reporter Published: 22:35 GMT, 23 March 2021 | Updated: 22:35 GMT, 23 March 2021 Premium clothing retailer End has been snapped up by private equity giant Carlyle Group for about £750million. End, which specialises in … Read more