moneymarkets

London is named top city in the world to invest in as LA plummets in global league revealed by financial giant Schroders Britain’s capital rose to the number one from second place last year The City firm has put more emphasis on environmental and social factors San Francisco took the runner-up spot thanks to its … Read more

BUSINESS LIVE: FTSE starts the week on the back foot; G4S bidder Gardaworld refuses to improve offer By This Is Money Published: 08:15 GMT, 22 February 2021 | Updated: 08:16 GMT, 22 February 2021 The FTSE 100 has begun the week slightly lower as investors await confirmation of Britain’s path out of lockdown today. Details … Read more

Ministers enter intensive meetings in bid to save 800 jobs at Vauxhall’s Ellesmere Port plant in Cheshire By Daily Mail City & Finance Reporter Published: 21:50 GMT, 21 February 2021 | Updated: 21:50 GMT, 21 February 2021 Ministers have entered intensive meetings in a bid to save 800 jobs at Vauxhall’s Ellesmere Port plant in … Read more

Stamp duty holiday boosts number of house sales by close to 140% to their highest level since 2007 By Daily Mail City & Finance Reporter Published: 21:50 GMT, 21 February 2021 | Updated: 21:50 GMT, 21 February 2021 The stamp duty holiday boosted the number of house sales by close to 140 per cent to … Read more

Taxpayers will only recoup fraction of £44.2m owed by Sir Philip Green’s fallen Arcadia retail empire, according to newly released documents By Daily Mail City & Finance Reporter Published: 21:50 GMT, 21 February 2021 | Updated: 21:50 GMT, 21 February 2021 Taxpayers will only recoup a fraction of the £44.2m owed by Sir Philip Green’s … Read more

John Lewis preparing to close up to eight more stores to slash costs after avoiding its first loss in 101 years By Daily Mail City & Finance Reporter Published: 21:50 GMT, 21 February 2021 | Updated: 21:50 GMT, 21 February 2021 Blow: Dame Sharon White has already closed eight stores and cut 2,800 jobs John … Read more

Boss of Marks & Spencer calls on Chancellor to use increase in corporation tax to overhaul business rates and rescue High Street Steve Rowe said ‘seismic upheaval’ caused by pandemic would lead to thousands more lost jobs unless ‘unbearable yoke’ of business rates is slashed  Rowe urged Rishi Sunak to use a planned rise in … Read more

Topshop is back… on Asos website from tomorrow – as Boohoo is set to swoop on Arcadia’s warehouse Asos is poised to relaunch former Arcadia-owned Topshop on its website Asos swooped on the fashion business in a £295million deal earlier this month   Boohoo has emerged as a contender for Arcadia’s Daventry distribution centre By Neil … Read more

Don’t stop cash for Covid tests at work next month, CBI boss Lord Bilimoria tells Prime Minister By Alex Lawson For The Mail On Sunday Published: 22:16 GMT, 20 February 2021 | Updated: 22:30 GMT, 20 February 2021 One of Britain’s most powerful bosses has called on the Prime Minister to put workplace Covid-19 testing … Read more

Discount retailer Home Bargains pays its billionaire owner £16m dividend Home Bargains paid majority shareholder Tom Morris a £15.8million dividend Firm declined to say whether it has accepted a business rates holiday Home Bargains annual business rates obligations are estimated to be £36m By Neil Craven for The Mail on Sunday Published: 22:16 GMT, 20 … Read more