moneymarkets

Successive governments, since the Thatcher years, have lived in fear of the state taking stakes in troubled private sector firms.  Northern Rock in 2007 and the financial crisis of 2008 changed that, when only the state was capable of preventing financial Armageddon. The allergy dates back to the Wilson governments of the 1960s and the … Read more

Warner Music Group eyes £11bn stock market float after announcing it will be selling 70m shares By Daily Mail City & Finance Reporter Published: 22:58 BST, 26 May 2020 | Updated: 22:58 BST, 26 May 2020 Record label Warner Music Group could be valued at almost £11billion in its upcoming stock market listing. The $23 … Read more

Bloodbath of bankers in HSBC’s biggest shake-up in its 155-year history By Daily Mail City & Finance Reporter Published: 22:58 BST, 26 May 2020 | Updated: 22:58 BST, 26 May 2020 HSBC is set to intensify the biggest shake-up in its 155-year history, putting even more jobs at risk. The bank had already announced it … Read more

Retailers jump as restrictions are eased with non-essential shops to open from June 15 By Daily Mail City & Finance Reporter Published: 22:58 BST, 26 May 2020 | Updated: 22:58 BST, 26 May 2020 British retailers were finally back on the front foot yesterday after Prime Minister Boris Johnson set a date for them to … Read more

Travel stocks soar amid signs lockdown restrictions across Europe might finally be easing By Lucy White For The Daily Mail Published: 22:58 BST, 26 May 2020 | Updated: 22:58 BST, 26 May 2020 Shares in travel firms soared amid signs that lockdown restrictions across Europe might finally be easing – paving the way for the … Read more

Vauxhall boss warns production will be down and thousands of staff will remain furloughed for months By James Salmon for the Daily Mail Published: 22:57 BST, 26 May 2020 | Updated: 22:57 BST, 26 May 2020 The boss of Vauxhall has warned its factories may not be operating at full tilt again until the end … Read more

The bell finally tolled for Aston Martin boss Andy Palmer as the company confirmed his ousting yesterday. The announcement came after two days of media reports saying just as much – and almost as many years of pain for investors. For though Palmer was once credited with leading the car maker’s recovery after taking the … Read more

VW ordered to buy back diesel cars it sold equipped with emission evasion software based on their current value By Daily Mail City & Finance Reporter Published: 21:50 BST, 25 May 2020 | Updated: 22:06 BST, 25 May 2020 Volkswagen must buy back the diesel cars it sold equipped with software to evade emissions testing … Read more

Rolls-Royce turns the screw on hundreds of smaller suppliers by demanding price cuts of up to 15% By Daily Mail City & Finance Reporter Published: 21:50 BST, 25 May 2020 | Updated: 22:06 BST, 25 May 2020 Rolls-Royce is demanding price cuts of up to 15 per cent from hundreds of smaller suppliers as the … Read more