Blackrock profits surge 40% to £1bn

Blackrock profits surge 40% to £1bn: Investment titan manages £5.7trillion for savers and pension funds By Daily Mail City & Finance Reporter Published: 22:09 BST, 15 January 2020 | Updated: 22:09 BST, 15 January 2020 Profits at Blackrock, the world’s largest asset manager, shot up 40 per cent to £1billion in a year which saw … Read more Blackrock profits surge 40% to £1bn

Amazon’s opens huge Manchester tech centre

Amazon’s opens huge Manchester tech centre which it claims will eventually employ 600 people By Daily Mail City & Finance Reporter Published: 22:08 BST, 15 January 2020 | Updated: 22:08 BST, 15 January 2020 Amazon has opened a new corporate base in Manchester as it continues to ramp up its presence in the North. The … Read more Amazon’s opens huge Manchester tech centre

Upmarket grocer Booths fights off competition from German discounters

Upmarket grocer Booths fights off festive competition from the German discounters By Daily Mail City & Finance Reporter Published: 22:03 BST, 15 January 2020 | Updated: 22:03 BST, 15 January 2020 Sales at upmarket grocer Booths rose over Christmas as it fought off intense competition from the German discounters. The chain, known as the ‘Waitrose … Read more Upmarket grocer Booths fights off competition from German discounters

China pledges to import more US goods if Trump scraps new tariffs

China pledges to import more US goods if Trump scraps new tariffs as world’s two largest economies agree trade pact By Lucy White For The Daily Mail Published: 21:57 BST, 15 January 2020 | Updated: 21:57 BST, 15 January 2020 The US and China moved a step closer to resolving their 18-month trade war after … Read more China pledges to import more US goods if Trump scraps new tariffs

Baker Greggs teams up with Just Eat to expand food delivery service 

Steak slices and vegan sausage rolls delivered! Baker Greggs teams up with Just Eat to expand food delivery service By Daily Mail City & Finance Reporter Published: 21:56 BST, 15 January 2020 | Updated: 21:56 BST, 15 January 2020 Delivery decision: Greggs said that it had decided to work exclusively with Just Eat Greggs has … Read more Baker Greggs teams up with Just Eat to expand food delivery service 

Savers face more misery as interest rate cut looms

Savers face more misery as interest rate cut looms… but mortgages could get EVEN cheaper By Hugo Duncan for the Daily Mail Published: 21:52 BST, 15 January 2020 | Updated: 21:52 BST, 15 January 2020 Long-suffering savers are braced for a further hit to their nest eggs as pressure mounts on the Bank of England … Read more Savers face more misery as interest rate cut looms

Malaysian fraud scandal hits Goldman Sachs’ with profits down 19%

Malaysian fraud scandal hits Goldman Sachs’ results with profits down 19% from the previous year By Daily Mail City & Finance Reporter Published: 21:50 BST, 15 January 2020 | Updated: 21:50 BST, 15 January 2020 Goldman Sachs’ missed profit expectations as it blamed a surge in litigation charges Legal costs relating to a Malaysian fraud … Read more Malaysian fraud scandal hits Goldman Sachs’ with profits down 19%

MARKET REPORT: £1.2billion writedown clobbers troubled Tullow Oil

Tullow Oil’s shares are so easily rattled these days that a trading update with few real surprises sent it plunging into the red. Scrapped exploration projects, a lower assumption about what oil prices will be in the long term and a re-evaluation of how much oil is at some of its sites in Ghana mean … Read more MARKET REPORT: £1.2billion writedown clobbers troubled Tullow Oil

‘I have set up a charity’, insists former Persimmon boss Jeff Fairburn

‘I have set up a charity’, insists former Persimmon boss Jeff Fairburn (but he won’t say how much of his £82m bonus he’s given away) By Daily Mail City & Finance Reporter Published: 22:39 BST, 14 January 2020 | Updated: 08:51 BST, 15 January 2020 The former Persimmon boss ousted over his ‘obscene’ £82m bonus … Read more ‘I have set up a charity’, insists former Persimmon boss Jeff Fairburn

Builder Taylor Wimpey posts a 5% sales rise 

Builder Taylor Wimpey credits ‘increased political stability’ in the UK as it posts a 5% sales rise By Daily Mail City & Finance Reporter Published: 22:40 BST, 14 January 2020 | Updated: 22:40 BST, 14 January 2020 Taylor Wimpey boss Peter Redfern said the market had remained stable in 2019 Taylor Wimpey cheered ‘increased political stability’ … Read more Builder Taylor Wimpey posts a 5% sales rise