moneymarkets

MARKET REPORT: Software group Sage unveils plans for a spending spree – but fails to put its investors on cloud nine By Francesca Washtell For The Daily Mail Published: 21:50 GMT, 20 November 2020 | Updated: 22:07 GMT, 20 November 2020 Software group Sage spooked the market by unveiling plans to kick off a spending spree … Read more

Footsie eyes best month in 30 years on vaccine hopes: Respite for investors as blue-chip index gains 13.9% since the start of November By Hugo Duncan for the Daily Mail Published: 21:51 GMT, 20 November 2020 | Updated: 22:06 GMT, 20 November 2020 The FTSE 100 is on course for its best month for more … Read more

Pets at Home sales soar as Britons turn to furry friends to help them through lockdown By Daily Mail City & Finance Reporter Published: 21:51 GMT, 20 November 2020 | Updated: 22:05 GMT, 20 November 2020 A boom in pandemic pet ownership has helped Pets At Home to a sales surge. The retailer is set … Read more

Embattled BT boss hints at sale of stake in its broadband infrastructure arm Openreach By Francesca Washtell For The Daily Mail Published: 21:51 GMT, 20 November 2020 | Updated: 22:05 GMT, 20 November 2020 BT is considering selling a stake in its broadband infrastructure arm Openreach. Chief executive Philip Jansen said a deal could be … Read more

Pandemic drives national debt to highest since 1960: Government set to borrow a record £400bn this year By Lucy White For The Daily Mail Published: 21:50 GMT, 20 November 2020 | Updated: 22:04 GMT, 20 November 2020 The staggering cost of the coronavirus pandemic has pushed the national debt to its highest level since 1960. … Read more

Mother of six who is the Queen of M&A: Karen Cook to pocket another big cheque after leading sale of RSA By Lucy White For The Daily Mail Published: 21:50 GMT, 20 November 2020 | Updated: 22:04 GMT, 20 November 2020 City superwoman Karen Cook will pocket another bulging pay cheque after leading the sale … Read more

SMALL CAP MOVERS: Hydrogen companies lifted by UK green recovery plan; and will Frasers Group make an offer for Mulberry? By Giulia Bottaro At Proactive Investors For Thisismoney.co.uk Published: 14:44 GMT, 20 November 2020 | Updated: 14:44 GMT, 20 November 2020 Hydrogen companies were given a boost this week after the Prime Minister vowed to … Read more

Shoppers indulged in a pre-lockdown and early-Christmas splurge in October as retail sales rose for a sixth consecutive month, beating analysts’ forecasts, new official figures show.   The amount of goods bought from UK retailers last month was 1.2 per cent higher than September while the amount spent rose 1.4 per cent, despite restrictions tightening again … Read more

Royal Mail shares hit highest level in almost two years as it reveals online boom could deliver £580m in extra revenue The firm is making more money from parcels than letters for the first time The boom in demand is expected to result in its busiest ever Christmas Bosses predict it could add between £380m … Read more

Rescue deal lined up for Cineworld as Covid-19 leaves it struggling under weight of £6.2bn debt pile Cineworld had to close all of its 127 sites in the UK during the first lockdown  It is considering a company voluntary arrangement (CVA)  This form of insolvency would see it pay a portion of its debt back to … Read more