moneymarkets

A-list private members’ clubs chain Soho House eyes £2bn New York stock market float By Daily Mail City & Finance Reporter Published: 21:52 GMT, 25 February 2021 | Updated: 21:52 GMT, 25 February 2021 The Soho House chain of private members’ clubs is set to join the stock market in New York with a valuation … Read more

DS Smith was in high demand as chatter grew that Mondi is mulling a takeover bid for the box-making behemoth. The City rumour mill has been churning out this speculation for a while – and both companies’ swift ‘no comment’ responses to Bloomberg reports did little to dampen investors’ enthusiasm. Before the pandemic, packaging firms … Read more

Serco fights back over Test & Trace farce: Boss Rupert Soamesdefends plans to pay dividend claiming firm has been ‘demonised’ By Francesca Washtell For The Daily Mail Published: 21:52 GMT, 25 February 2021 | Updated: 21:52 GMT, 25 February 2021 Serco’s boss launched a vigorous defence of the NHS Test & Trace system as the … Read more

Sunak set to overhaul Covid loan programme: Bounce back scheme to close at end of March By Lucy White For The Daily Mail Published: 21:52 GMT, 25 February 2021 | Updated: 21:52 GMT, 25 February 2021 The Chancellor is set to shake up the Government’s emergency Covid loan programme in next week’s Budget. Rishi Sunak … Read more

It has been more than a decade since 300,000 British savers lost £4billion in the blockbuster collapse of Icesave. While many were left scarred by the scandal, one high-flying businessman at its centre is still struggling to shake off the damaging legacy of the Icelandic savings brand in an entirely different way. Thor Bjorgolfsson, who … Read more

Losses at struggling Aston Martin balloon as Covid causes collapse in luxury car demand but DBX sales offer ray of hope as it targets a turnaround Aston Martin’s pre-tax losses rose from £119.6m in 2019 to £466m in 2020 The group expects vehicle sales will hit 10,000 by the middle of the decade Sports and GT … Read more

Cryptocurrency platform Coinbase reveals it pulled in revenues of $1.3bn in 2020 as it lines up stock market float amid Bitcoin boom Coinbase is on a mission to bring about mainstream endorsement of crypto  The listing would come after the price of Bitcoin hit highs of over $58k  By Jane Denton For Thisismoney and Reuters … Read more

Boss of banking giant Goldman Sachs calls working from home an ‘aberration’ and says he wants staff back in the office as quickly as possible Only around 10% of Goldman Sachs’ workforce went into the office last year Goldman Sachs joins likes of Barclays’ Jes Staley calling for end of ‘WFH’ Businesses urged to let … Read more

Lloyds £60m man bows out: Departing boss Horta-Osorio insists the bank is now back on its feet – but its shares are STILL languishing By Lucy White For The Daily Mail Published: 21:53 GMT, 24 February 2021 | Updated: 06:31 GMT, 25 February 2021 The boss of Lloyds Bank scooped another £3.4million last year – … Read more

‘I just cannot contemplate him coming back’: City superwoman Helena Morrissey slams Woodford’s return By Daily Mail City & Finance Reporter Published: 22:03 GMT, 24 February 2021 | Updated: 22:03 GMT, 24 February 2021 Helena Morrissey thinks Neil Woodford should not return to fund managing after the damage he caused.  The 54-year-old ‘City superwoman’ declared: … Read more