moneymarkets

Lloyds £60m man bows out: Departing boss Horta-Osorio insists the bank is now back on its feet – buts its shares are STILL languishing By Lucy White For The Daily Mail Published: 21:53 GMT, 24 February 2021 | Updated: 22:03 GMT, 24 February 2021 The boss of Lloyds Bank scooped another £3.4million last year – … Read more

Issa brothers beef up board ready for float: Former investment banker Dame Alison Carnwath joins EG Group By Tom Witherow For The Daily Mail Published: 22:00 GMT, 24 February 2021 | Updated: 22:00 GMT, 24 February 2021 The new owners of Asda have appointed another heavyweight director to their petrol station empire to allay concerns … Read more

Landlords were some of the big winners on the stock market as offices and shopping centres gear up to reopen later this year. The commercial property market has been hammered since Britain first went into lockdown last March, with warehousing being the only sector that has really thrived. Since the Prime Minister’s Covid roadmap was … Read more

Computer scientist who claims to have invented bitcoin launches lawsuit over £3.5bn of the digital currency By Lucy White For The Daily Mail Published: 21:53 GMT, 24 February 2021 | Updated: 21:53 GMT, 24 February 2021 A man claiming to be the inventor of bitcoin has launched a blockbuster lawsuit to recover £3.5billion of the … Read more

It is not quite a tale of scallop kitchen to soup kitchen, but not far off. Royal Bank of Scotland’s vast Gogarburn complex outside Edinburgh, widely viewed as a monument to the vanity of former chief executive Fred Goodwin, is now playing host to a food bank. Shortly after the UK went into the first … Read more

Disinfectant demand lifts consumer goods giant Reckitt Benckiser to its largest ever annual sales increase Durex sales also rose despite periods of strict social distancing regulations Reckitt Benckiser expects net revenue growth this year of 0-2 per cent The firm also announced it had bought pain relief label Biofreeze By Harry Wise For This Is … Read more

What does Joanna Coles, a former women’s magazine editor, have in common with US sports stars Alex Rodriguez (A-Rod) and Shaquille O’Neal, tycoon Sir Richard Branson and Martin Luther King III? The answer, as those who keep up with the latest craze on Wall Street will know, is that they are all aficionados of the … Read more

Investors who have used London-listed funds to access the seemingly unstoppable US tech rally chalked up heavy losses yesterday. The likes of Scottish Mortgage Investment Trust and Allianz Technology Trust have been in demand in the last year from British retail shareholders who prefer not to buy into firms such as Apple, Facebook, Google-owner Alphabet and … Read more

Melrose chief under fire from union over closure of GKN Birmingham car parts plant By Matt Oliver For The Daily Mail Published: 22:19 GMT, 23 February 2021 | Updated: 22:36 GMT, 23 February 2021 The boss of Melrose faced a backlash after claiming that the closure of GKN’s last British automotive plant was ‘difficult’ but … Read more

Sterling and travel stocks fly higher as investors welcome plans to ease lockdown rules By Mark Shapland For The Daily Mail Published: 22:18 GMT, 23 February 2021 | Updated: 22:36 GMT, 23 February 2021 Sterling made fresh gains and shares in sectors battered by the pandemic rallied as investors welcomed the plan to ease lockdown … Read more