moneymarkets

Princess Camilla de Bourbon to pay £2m fine in bitter inheritance dispute The fine is part of an inheritance dispute over her mother’s €250m trust fund The Royal Court of Jersey turned down her application to delay paying the fine By Harriet Dennys For Financial Mail On Sunday Published: 22:16 GMT, 20 February 2021 | Updated: … Read more

Britain’s best known deal-maker admits a big realisation has dawned on him since Covid struck almost a year ago: he had been dashing around the world unnecessarily.  Guy Hands, one of the few high-profile faces of the lucrative and powerful world of private equity, explains: ‘I should’ve spent far more time with my kids, but … Read more

Stagecoach on track to extend £300m Covid loan by a YEAR amid uncertainty over duration of lockdown Stagecoach has agreed an extension to the first £100million  And it is hammering out new terms for the remaining £200million It will not have to repay the loan until February 2022 By Neil Craven for The Mail on … Read more

STOCK WATCH: Will Lloyds divi rise as boss Horta-Osorio rides into sunset? By Alex Lawson For The Mail On Sunday Published: 22:16 GMT, 20 February 2021 | Updated: 22:16 GMT, 20 February 2021 Lloyds chief Antonio Horta-Osorio will this week preside over his final set of annual results before leaving the saddle at the Black … Read more

M&S revamps clothes with raft of new labels: Finery London is first to launch in major shake-up to take on Next Touker Suleyman to launch his Finery London label on M&S website on Thursday Others expected to launch in instalments for the spring offensive include Joules, Phase Eight, Hobbs, Seasalt and Ghost  M&S executives say … Read more

City giants call for cuts to red tape and taxes to boost Britain’s financial sector after Brexit Finance firms want it to be easier for professionals from abroad to work in the UK The cap on bankers’ bonuses could be ditched to make the Square Mile more attractive to top talent Lobbying offensive comes amid … 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 Topshop on its website tomorrow 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 Craven … Read more

Chancellor accused of ‘insulting’ struggling firms as he delays overhaul of ‘busted’ business rates system By Tom Witherow For The Daily Mail Published: 22:10 GMT, 19 February 2021 | Updated: 22:18 GMT, 19 February 2021 The Chancellor was accused of ‘insulting’ struggling firms as he delayed the overhaul of the ‘busted’ business rates system to … Read more

Online used-car dealer Cazoo is latest British technology star to be linked with a stock market listing By Mark Shapland For The Daily Mail Published: 21:57 GMT, 19 February 2021 | Updated: 22:18 GMT, 19 February 2021 Online used-car dealer Cazoo is the latest British technology star to be linked with a stock market listing.  … Read more

Natwest becomes latest bank to bring back its dividend – despite setting aside £3.2bn to cover bad loans and recording a £351m loss last year By Lucy White For The Daily Mail Published: 21:57 GMT, 19 February 2021 | Updated: 22:17 GMT, 19 February 2021 Change of direction: Natwest chief executive Alison Rose   Natwest … Read more