moneymarkets

Boots sales in freefall as lockdowns batter High Street and transport hub stores By Tom Witherow For The Daily Mail Published: 21:53 BST, 15 October 2020 | Updated: 21:53 BST, 15 October 2020 Boots continues to struggle due to a ‘significantly reduced’ number of shoppers on the High Street and a collapse in commuter numbers, … Read more

Restaurants were destined for ruin before Covid crisis, claims Franco Manca pizza boss By Daily Mail City & Finance Reporter Published: 21:53 BST, 15 October 2020 | Updated: 21:53 BST, 15 October 2020 The owner of a popular pizza chain has slammed rivals, claiming many were destined for ruin long before the Covid pandemic swept … Read more

Battered recruiter Hays just manages to stay in the black as fee income falls by a third in the pandemic By Daily Mail City & Finance Reporter Published: 21:53 BST, 15 October 2020 | Updated: 21:53 BST, 15 October 2020 Recruitment agency Hays expects to squeeze out a ‘modest’ profit for the first half of … Read more

Shopping centre owner Hammerson paid just a third of rents as its tennants struggle in the pandemic By Daily Mail City & Finance Reporter Published: 21:52 BST, 15 October 2020 | Updated: 21:52 BST, 15 October 2020 Hammerson only collected 38 per cent of its UK rents due for the current quarter after shop tenants … Read more

‘Poldark’ miner Cornish Lithium raises £5.2m in three days through crowdfunding campaign By Daily Mail City & Finance Reporter Published: 21:52 BST, 15 October 2020 | Updated: 21:52 BST, 15 October 2020 A company planning to mine lithium in Cornwall raised £5.2million through a crowdfunding campaign in three days, having only intended to make £1.5million. … Read more

The UK’s futuristic new fighter jet programme could support 20,000 jobs and add £25billion to the economy, according to initial estimates by auditors. The Tempest project would preserve Britain’s prestigious aerospace and defence sector in the wake of the Covid-19 crisis, the industry argues, as well as bolstering national security. BAE Systems, Rolls-Royce, Italy’s Leonardo … Read more

‘You can ride a horse on the road so why not an e-scooter?,’ asks Halfords boss as the sales of the vehicle surge 450% amid growing calls for legalisation The privately-owned use of e-scooters remains illegal on public roads in Britain  Rental e-scooters are permitted though, offering a loophole that many exploit Halfords said the … Read more

G4S insists it will report increased profits for 2020 despite pandemic as it tries to ward off hostile suitors By Daily Mail City & Finance Reporter Published: 21:54 BST, 14 October 2020 | Updated: 21:54 BST, 14 October 2020 G4S bolstered its defences against suitors from Canada and the US by saying it will report … Read more

The rich must pay for Covid borrowing binge, says IMF as global debts hit a record £64 TRILLION By James Salmon for the Daily Mail Published: 21:54 BST, 14 October 2020 | Updated: 21:54 BST, 14 October 2020 The wealthy should pay higher taxes to help deal with a Covid borrowing binge that has pushed … Read more

Audioboom owner Nick Candy abandons attempts to find a buyer for the podcast firm By Daily Mail City & Finance Reporter Published: 21:54 BST, 14 October 2020 | Updated: 21:54 BST, 14 October 2020 Audiogloom: Nick Candy pictured with wife Holly Valance A podcasting group backed by property tycoon Nick Candy has abandoned attempts to … Read more