moneymarkets

Four supermarkets still resisting calls to hand back pandemic tax breaks despite seeing boom in sales By Daily Mail City & Finance Reporter Published: 21:50 GMT, 4 December 2020 | Updated: 21:50 GMT, 4 December 2020 Four supermarkets are still resisting widespread calls to hand back pandemic tax breaks despite seeing a boom in sales.  … Read more

Mining billionaire Ivan Glasenberg quits: Glencore chief retires…and will set up a farm in Lithuania Glasenberg is retiring after almost two decades at the helm of Glencore  The South African will step aside by June after an 18-year tenure  By Francesca Washtell For The Daily Mail Published: 21:50 GMT, 4 December 2020 | Updated: 21:50 … Read more

SMALL CAP MOVERS: Junior market in healthy shape as fundraisings continue; Helium One makes debut By Giulia Bottaro At Proactive Investors For Thisismoney.co.uk Published: 15:39 GMT, 4 December 2020 | Updated: 15:51 GMT, 4 December 2020 It’s been another bustling week of fundraisings in the junior market as some uncertainty started to dissolve now that … Read more

Music rights investment fund Hipgnosis has announced its intentions to undertake another equity raise as it targets £1billion worth of acquisitions. The group, co-founded by a former manager of Elton John, has already invested almost £1.2billion in procuring over 110 catalogues that include songs from artists such as Fleetwood Mac, Blondie and the Kaiser Chiefs. … Read more

Flying high: Starling founder Anne Boden At the stationery counter in Fortnum & Mason’s store three days before Christmas, a middle-aged woman was fending off questions from customers who assumed she was a shop assistant.  They were not to know that Anne Boden is the only woman in this country ever to have founded a … Read more

Flying high: Starling founder Anne Boden At the stationery counter in Fortnum & Mason’s store three days before Christmas, a middle-aged woman was fending off questions from customers who assumed she was a shop assistant.  They were not to know that Anne Boden is the only woman in this country ever to have founded a … Read more

As three more supermarkets hand back business rates relief, it’s a £1.8bn windfall for the taxman Sainsbury’s, Asda, Aldi and discounter B&M followed Tesco and Morrisons They paid back the windfall after their sales boomed in lockdown Ministers say the action is a ‘real model of good, healthy capitalism’ By Tom Witherow Financial Correspondent For The … Read more

Ex-Debenhams boss says he’s not to blame for the chain’s demise after his tenure left it loaded with more than £1bn of debt Rob Templeman, 63, was CEO of Debenhams for eight years until 2011.  He denied the sale-and-lease-back of 23 stores contributed to the firm’s demise  It owed £700 million to creditors when it … Read more

Ryanair strikes multi-billion pound deal to buy 75 scandal-hit Boeing 737 Max jets The airline’s order is the first since the aircraft was given the all-clear to fly again  All 737 Max planes were grounded in March 2019 following two crashes  Ryanair’s order has a list value of almost £7bn – but the firm didn’t … Read more