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moneymarkets Archives - Page 2 of 172 - healthyfrog

MARKET REPORT: Staycation boom fails to save jobs at Whitbread

Shares in Whitbread slammed into reverse as the staycation boom and Eat Out to Help Out scheme failed to stop a slump in bookings during the pandemic. Its chief executive Alison Brittain plans to lay off up to 6,000 staff from its 35,000-strong workforce as it battles to survive the crisis. Many employees will have … Read more MARKET REPORT: Staycation boom fails to save jobs at Whitbread

Tui cuts winter holiday choice after summer bookings nosedive by 83%

Tui cuts winter holiday choice as a second wave of Covid-19 hits Europe after summer bookings nosedive over 80% Tui cuts winter packages as it sees decline in booking volumes and trend shift The travel company has switched focus and on alternative low risk destinations Back in May, the company axed 8,000 jobs and shut … Read more Tui cuts winter holiday choice after summer bookings nosedive by 83%

B&Q owner Kingfisher benefits from home improvement boom with a 62% rise in profits 

B&Q owner Kingfisher’s results were given a boost from home an improvement boom as well as its new ‘click and collect’ model as it reported 62 per cent rise in pre-tax profits today.  For its half year results ending 31 July, Kingfisher has reported only a small hit from the Covid-19 pandemic while other companies … Read more B&Q owner Kingfisher benefits from home improvement boom with a 62% rise in profits 

Financier Lord Spencer leads £4m fintech fundraiser

Financier Lord Spencer doubles down on his investment in technology company shaking up bond market By Daily Mail City & Finance Reporter Published: 22:00 BST, 21 September 2020 | Updated: 22:08 BST, 21 September 2020 Financier Lord Spencer has doubled down on his investment in a technology company shaking up the bond market.  The former … Read more Financier Lord Spencer leads £4m fintech fundraiser

Second coronavirus wave fear engulfs markets

As bosses warn new curbs will cripple economy, second coronavirus wave fear engulfs markets Business leaders pleaded with Prime Minister Boris Johnson for more support   Shares in housebuilders, pub groups and travel firms all fell sharply By Lucy White For The Daily Mail Published: 22:00 BST, 21 September 2020 | Updated: 22:07 BST, 21 September … Read more Second coronavirus wave fear engulfs markets

KPMG comes under fire in Carillion audit probe

Watchdog indicates rule breaches over collapse: KPMG under fire in Carillion audit probe By Matt Oliver For The Daily Mail Published: 22:01 BST, 21 September 2020 | Updated: 22:01 BST, 21 September 2020 KPMG is in the firing line again after regulators delivered a critical report on its audits of Carillion before the construction group’s … Read more KPMG comes under fire in Carillion audit probe

Canadian group gunning to buy G4S asks to meet ministers

Canadian group gunning to buy G4S for £3bn asks to meet ministers in effort to win their support for deal By Daily Mail City & Finance Reporter Published: 22:01 BST, 21 September 2020 | Updated: 22:01 BST, 21 September 2020 The Canadian group gunning to buy G4S for £3billion has asked to meet ministers in … Read more Canadian group gunning to buy G4S asks to meet ministers

Hipgnosis wants to raise £250m for a spending spree

Music investment fund Hipgnosis wants to raise £250m so it can go on a spending spree By Daily Mail City & Finance Reporter Published: 22:01 BST, 21 September 2020 | Updated: 22:01 BST, 21 September 2020 Hipgnosis wants to raise £250m so it can go on a spending spree.  The music investment fund, which bulk-buys … Read more Hipgnosis wants to raise £250m for a spending spree

Shell wields axe as it moves away from oil to renewables

Shell to make sweeping cuts at oil and gas production business to free up cash it can invest in renewable energy By Francesca Washtell For The Daily Mail Published: 22:01 BST, 21 September 2020 | Updated: 22:01 BST, 21 September 2020 Shell plans to make sweeping cuts at its oil and gas production business to … Read more Shell wields axe as it moves away from oil to renewables

MARKET REPORT: Stocks fall over rail bailout

MARKET REPORT: Transport groups start the week in reverse after Government scraps rail franchising model which has been in place since the 1990s By Francesca Washtell For The Daily Mail Published: 22:00 BST, 21 September 2020 | Updated: 22:00 BST, 21 September 2020 Transport groups started the week in reverse after the Government scrapped the … Read more MARKET REPORT: Stocks fall over rail bailout