moneymarkets

London Stock Exchange soars 9.6% amid rising hopes £20bn Refinitiv takeover will be approved By Daily Mail City & Finance Reporter Published: 21:51 GMT, 2 December 2020 | Updated: 21:51 GMT, 2 December 2020 LSE jumped 9.6 per cent amid reports it is set to win approval for its takeover of Refinitiv Shares in the … Read more

The FTSE 100 hit its highest level since June after the UK became the first country to approve Pfizer and Biontech’s Covid vaccine. The jab will be rolled out from next week to pave the way for mass vaccination and could herald a return to ‘normal’ life by next summer. Elderly people in care homes … Read more

Wetherspoons boss Tim Martin sells £5m worth of shares after warning Government’s tier system will keep 366 of his pubs shut By Daily Mail City & Finance Reporter Published: 21:50 GMT, 2 December 2020 | Updated: 21:50 GMT, 2 December 2020 Wetherspoons boss Tim Martin has sold £5million worth of shares in his pub chain … Read more

Liberty hammers out a deal to buy German rival Thyssenkrupp’s steel business By Daily Mail City & Finance Reporter Published: 21:50 GMT, 2 December 2020 | Updated: 21:50 GMT, 2 December 2020 Sanjeev Gupta’s Liberty Steel has moved a step closer to buying rival Thyssenkrupp’s steel business Sanjeev Gupta’s Liberty Steel is hammering out a deal … Read more

GardaWorld ups its offer for G4S by £680m to £3.68bn as tense takeover tussle comes to a head GardaWorld has reached a deal on a £770m package with G4S pension trustees G4S has advised shareholders to not take action in relation to the revised offer The preceding bid was called ‘unattractive and highly opportunistic’ by … Read more

UK hit harder by Covid than any other developed economy except Argentina, in OECD ratings By Lucy White For The Daily Mail Published: 23:16 GMT, 1 December 2020 | Updated: 23:16 GMT, 1 December 2020 The UK has been hit harder by the pandemic than any other developed economy except Argentina, a global watchdog says. … Read more

Controversial payment firm Klarna hires Silicon Valley guru Sir Michael Moritz as its chairman By Lucy White For The Daily Mail Published: 23:15 GMT, 1 December 2020 | Updated: 23:15 GMT, 1 December 2020 Swedish payments firm Klarna has appointed Sir Michael Moritz as its chairman Controversial payments firm Klarna has appointed a veteran investor … Read more

Antonio Horta-Osorio lands the top job at Credit Suisse before he’s even left his current role at Lloyds By Lucy White For The Daily Mail Published: 23:15 GMT, 1 December 2020 | Updated: 23:15 GMT, 1 December 2020 The outgoing boss of Lloyds Bank has wasted no time in lining up his next job. Antonio … Read more

Rivals circle ruins of Arcadia after collapse as 242-year-old Debenhams faces its last ever Christmas By Tom Witherow For The Daily Mail Published: 23:14 GMT, 1 December 2020 | Updated: 23:14 GMT, 1 December 2020 The hunt is on for buyers of the bombed-out brands left behind after Sir Philip Green’s retail empire went bust. … Read more

Landlords set to challenge Caffe Nero rescue deal in court after bosses reject Issa brothers’ takeover approach By Matt Oliver For The Daily Mail Published: 23:08 GMT, 1 December 2020 | Updated: 23:08 GMT, 1 December 2020 Caffe Nero’s rescue deal faces a legal challenge from landlords after bosses rejected a late takeover approach from … Read more