moneymarkets

Profits fall at RSA Insurance as it prepares to be broken up and sold By Daily Mail City & Finance Reporter Published: 21:52 GMT, 26 February 2021 | Updated: 21:58 GMT, 26 February 2021 Profits have fallen at RSA Insurance as it prepares to be broken up and sold.  The UK group said profits in … Read more

Bitcoin suffers worst week in a year as Bill Gates warns investors not to dabble with it unless they are super-rich By Daily Mail City & Finance Reporter Published: 21:53 GMT, 26 February 2021 | Updated: 21:53 GMT, 26 February 2021 Bitcoin suffered its worst week in a year as Bill Gates warned investors not … Read more

US hedge fund snaps up £5bn of home loans: Northern Rock and B&B stake finally sold by UK government By Lucy White For The Daily Mail Published: 21:53 GMT, 26 February 2021 | Updated: 21:53 GMT, 26 February 2021 Britain’s ‘bad bank’ created in the aftermath of the financial crisis has finally sold its remaining … Read more

French corporate giant Danone comes under attack again from US investment manager By Daily Mail City & Finance Reporter Published: 21:52 GMT, 26 February 2021 | Updated: 21:52 GMT, 26 February 2021 French corporate giant Danone has come under attack again from a US investment manager.  Artisan Partners, the yoghurt maker’s third largest shareholder, has … Read more

British Airways owner losing £19m EVERY day: IAG rocked by record £6.5bn loss IAG, which also owns Spain’s Iberia and Ireland’s Aer Lingus, saw revenues plummet 69 per cent to £6.7billion last year  It lost the equivalent of £19m a day – or £205 a second – as it carried just a third of the … Read more

A company’s share price does not normally rise after it places shares at a discount – quite the reverse – but Clear Leisure has pulled off this rare trick. Less than two weeks after raising £680,000 by placing shares at 0.6p each the investment company raised a further £1million by placing shares at a penny … Read more

High returns: David Beckham backed cannabis firm Cellular Goods sees share price surge over 400% on its stock market debut Cellular Goods’ share price was 470% higher than the IPO price earlier David Beckham’s investment firm DV Ventures has a 5% stake in Cellular  By Jane Denton For Thisismoney Published: 14:35 GMT, 26 February 2021 … Read more

British Airways owner IAG calls for digital health passes to get people flying again after it suffers £6.8billion pound loss and thousands see their jobs axed Airline group IAG suffered an annual loss of over £6bn, new results show Boss calls for digital health pass to people can start travelling again 10,0000  British Airways jobs … Read more

Up to 5,000 jobs at risk in Asda shake-up just months after Issa brothers’ £6.8bn debt-fuelled takeover By Daily Mail City & Finance Published: 21:52 GMT, 25 February 2021 | Updated: 21:52 GMT, 25 February 2021 Up to 5,000 jobs are at risk at Asda as part of a major restructuring just months after the … Read more