moneymarkets

De La Rue ‘in discussions with several governments’ about producing Covid immunity travel documents By Lucy White For The Daily Mail Published: 21:51 GMT, 25 November 2020 | Updated: 21:51 GMT, 25 November 2020 Banknote maker De La Rue is in discussions with several governments about Covid immunity certificates as it hopes to play a … Read more

Turnaround specialist Melrose Industries was a steady riser on the FTSE 100 leaderboard as investors cheered a bullish update. Aggressive cost-cutting and a rebound in demand for car parts has helped steady the ship after a tumultuous start to the year. Melrose, which bought prestigious engineer GKN in 2018, was hit harder by Covid than … Read more

Virgin Money sinks to a £168m full year loss after putting £500m aside to cover bad loans By Lucy White For The Daily Mail Published: 21:51 GMT, 25 November 2020 | Updated: 21:51 GMT, 25 November 2020 Virgin Money has sunk to a full-year loss after setting aside £501million to cover bad loans. The challenger … Read more

Deliveroo signs Premier League director Claudia Arney as its first chairman ahead of market float By Daily Mail City & Finance Reporter Published: 21:51 GMT, 25 November 2020 | Updated: 21:51 GMT, 25 November 2020 Deliveroo has hired Claudia Arney ahead of its hotly anticipated stock market float next year. Arney, 49, becomes the food … Read more

G4S makes dividend pledge to sweeten shareholders as deadline approaches on predator’s £3bn offer By Daily Mail City & Finance Reporter Published: 21:50 GMT, 25 November 2020 | Updated: 21:50 GMT, 25 November 2020 G4S has offered a final sweetener to shareholders ahead of the deadline to respond to Canadian predator Garda World’s £3billion offer. … Read more

Magazine publisher Future agrees deal to buy the owner of price comparison site Go Compare for £594m Insurance mogul and GoCo chair Sir Peter Wood could net £50m from the deal  Future also produces FourFourTwo, ProCycling, and Horse & Hound magazines Shares in the Bath-based firm have shot up over twentyfold in the last six … Read more

AA shares jump as roadside recovery group agrees seals £219m deal with two private equity firms – but there could be a ‘limited’ number of job cuts on the cards AA is being snapped up by Towerbrook and Warburg Pincus PE groups  Shares in FTSE 250-listed AA have rose over 7% early this morning  By … Read more

Virgin Money’s profits plummet as the lender braces for a £501m surge in bad loans stemming from the pandemic Virgin’s annual profits have fallen by 77% to £124m, results today have revealed End of furloughing and more mass job cuts on the cards next year  Lender also thinks the housing market could slow once stamp … Read more

The vaccine breakthrough news may have sparked hope that the lights will go on again sooner than expected in the theatres of New York’s silent and shuttered Broadway. There may be no business like show business. But tidings are darker for that other great American symbol – the dollar – as the Covid-19 ravage continues. … Read more

Catering giant Compass is offering home deliveries as it shifts towards a future where more of its tech office staff work remotely. Boss Dominic Blakemore expects widespread home working to continue after the pandemic, with white collar employees likely to do so for two and a half days per week. It has prompted the company, … Read more