moneymarkets

MARKET REPORT: Construction firm Costain soars after striking a deal with the Welsh government over Breacon Beacons road By Francesca Washtell For The Daily Mail Published: 22:06 GMT, 17 February 2021 | Updated: 22:06 GMT, 17 February 2021 Relieved investors sent construction contractor Costain higher after it drew a line under a problematic project. The … Read more

Treasury campus in ‘overlooked’ Teesside is a ‘golden opportunity’ to level up the North, say business leaders By Matt Oliver For The Daily Mail Published: 22:06 GMT, 17 February 2021 | Updated: 22:06 GMT, 17 February 2021 More than 100 business leaders have called for the Treasury’s new northern campus in ‘overlooked’ Teesside. In a … Read more

Rio Tinto to pay largest dividend in its 148-year history: Investors set for a record £6.5bn windfall amid global mining boom By Francesca Washtell For The Daily Mail Published: 22:05 GMT, 17 February 2021 | Updated: 22:05 GMT, 17 February 2021 RioTinto will hand investors the largest dividend in its 148-year history as it cashes … Read more

British American Tobacco becomes latest firm to hike its dividend after posting a 10% rise in annual profits By Daily Mail City & Finance Reporter Published: 22:04 GMT, 17 February 2021 | Updated: 22:04 GMT, 17 February 2021 British American Tobacco (BAT) is the latest firm to hike its dividend after a 10 per cent … Read more

The pandemic has produced some of the fastest turnarounds in history. Pharma companies Pfizer and Astrazeneca reduced the vaccine development cycle from a decade to less than a year. And City traders quickly learned that it wasn’t necessary to be in Canary Wharf to drive markets to commanding heights. Commercial transformation to digital has been … Read more

Private equity firm CVC seeks to cash in on the Covid fight by investing in firms running the vaccine rollout By Daily Mail City & Finance Reporter Published: 22:04 GMT, 17 February 2021 | Updated: 22:04 GMT, 17 February 2021 CVC Capital Partners has reportedly snapped up stake in firms involved in running the computer … Read more

Inflation rises on the back of higher prices for cauliflowers, fish fingers and crisps By Daily Mail City & Finance Reporter Published: 22:03 GMT, 17 February 2021 | Updated: 22:03 GMT, 17 February 2021 Inflation bites: Fish fingers are among the foods which have gone up in price UK inflation rose last month on the … Read more

It’s fair to say that the shipbuilding town of Greenock in west Scotland is not renowned for being a fertile stomping ground for the world’s wealthiest elite.  Monaco it is not. Yet, Greenock is the place where school dropouts turned business powerhouses Sandy and James Easdale were raised, and they’ve got quite a tale to … Read more

Hargreaves Lansdown shares slide after co-founder Peter Hargreaves offloads another £300m of his stake in the firm The share sale takes Hargreaves’s total ownership in the firm to less than 20%  Co-founder Stephen Lansdown has also downsized his stake in Hargreaves Twelve months ago, Peter Hargreaves sold shares worth about £550m By Harry Wise For … Read more

It’s fair to say that the shipbuilding town of Greenock in west Scotland is not renowned for being a fertile stomping ground for the world’s wealthiest elite.  Monaco it is not. Yet, Greenock is the place where school dropouts turned business powerhouses Sandy and James Easdale were raised, and they’ve got quite a tale to … Read more