moneymarkets

More misery for Woodford investors as Synairgen shares – which were sold by fund administrators – rocket 550% By Daily Mail City & Finance Reporter Published: 21:51 BST, 20 July 2020 | Updated: 22:23 BST, 20 July 2020 Investors trapped in Neil Woodford’s former flagship fund have missed out on a huge windfall after administrators … Read more

Delivery firm Hermes to create more than 10,000 new UK jobs as it invests £100m following huge spike in online shopping By Daily Mail City & Finance Reporter Published: 21:50 BST, 20 July 2020 | Updated: 22:16 BST, 20 July 2020 Hermes is creating 10,500 jobs as locked down Britons turn to online shopping. The … Read more

Blow to Boris Johnson’s ‘back to normal’ drive as RBS tells more than 50,000 staff to work from home By Daily Mail City & Finance Reporter Published: 21:51 BST, 20 July 2020 | Updated: 22:16 BST, 20 July 2020 Royal Bank of Scotland has told more than 50,000 staff to work from home until next … Read more

Drug duo Astrazeneca and Synairgen shares soar as they declare major breakthroughs in battle to develop Covid vaccine and treatment By Matt Oliver For The Daily Mail Published: 21:50 BST, 20 July 2020 | Updated: 22:15 BST, 20 July 2020 Pioneering British drugs companies declared major breakthroughs in the battle against coronavirus yesterday – sending … Read more

Illegal lenders who take advantage of cash-strapped customers should be jailed ‘for five years’, say MPs By Daily Mail City & Finance Reporter Published: 21:51 BST, 20 July 2020 | Updated: 21:51 BST, 20 July 2020 The All Party Parliamentary Group on Alternative Lending fears the coronavirus crisis will prompt a spike in illegal lending … Read more

Shares in Amigo plunge as high cost of complaints sends loans company to £27m loss Shares in the subprime lender fell by 23.7 per cent to 7.4p by mid-afternoon  Amigo’s Acting Chair said it had undergone a ‘challenging and difficult period’   The firm recently agreed to resolve all complaints against them by October 31  By … Read more

BUSINESS LIVE: M&S to announce job cuts; Big business sees no recovery until late 2021; Complaints’ costs drives Amigo Loans to loss By This Is Money Published: 08:35 BST, 20 July 2020 | Updated: 08:35 BST, 20 July 2020 Markets are set to have a tepid start to the week as investors wait to hear … Read more

Outgoing chairman of Huawei’s UK arm says he chose to leave Chinese firm when US sanctions hobbled business By Daily Mail City & Finance Reporter Published: 21:52 BST, 19 July 2020 | Updated: 22:35 BST, 19 July 2020 The outgoing chairman of Huawei’s UK arm has said he chose to leave the Chinese firm when … Read more