moneymarkets

STOCK WATCH: Ryanair and easyJet go to court; Rivals bid for Just Eat; Brother acting Cleverley By Jamie Nimmo For The Financial Mail On Sunday Published: 00:00 BST, 22 December 2019 | Updated: 01:14 BST, 22 December 2019 All airline industry eyes will be trained on Dublin tomorrow when the Irish High Court is due … Read more

Oil giant Shell stung by £1.8bn hit to the books as it’s forced to write down the value of some assets Shell also trimmed back its forecast for quarterly oil production Oil and gas companies have had to write down the value of US shale assets  Shares in the oil firm  fell 1 per cent following the news … Read more

Business Secretary Leadsom welcomes financial watchdog’s decision to extend probe into collapse of holiday giant Thomas Cook The FRC announced it will analyse financial statements by auditors EY Thomas Cook collapsed in September after failing to find a funding lifeline By This Is Money Published: 11:43 GMT, 19 December 2019 | Updated: 11:45 GMT, 19 … Read more

Anniversary: Brian Lake runs Jarndyce Antiquarian Booksellers wit his wife and son When you step inside Jarndyce Antiquarian Booksellers, it looks as though Charles Dickens might materialise at any moment from behind one of the tall shelves. Named after Jarndyce v Jarndyce, the interminable legal case in his novel Bleak House, the shop in London’s Bloomsbury … Read more

Struggling education publisher Pearson offloads Penguin stake as boss John Fallon bows out Pearson has struck a £530million deal to sell its stake in Penguin Random House  The deal values book publisher Penguin Random House  at around £2.8billion. John Fallon will step down as boss in 2020 once a successor has been named  By This Is … Read more

Serco bosses charged with fraud and false accounting after firm billed Government for tagging criminals who were dead or in jail By Hugo Duncan for the Daily Mail Published: 21:51 BST, 16 December 2019 | Updated: 22:58 BST, 16 December 2019 Two former Serco directors have been charged with fraud and false accounting over its … Read more

Under-fire FirstGroup looks into selling off US assets following pressure from shareholders By Daily Mail City & Finance Reporter Published: 21:50 BST, 16 December 2019 | Updated: 22:54 BST, 16 December 2019 US operations: First Group already has plans in place to offload the Greyhound coach business (pictured)  First Group has announced the appointment of … Read more

Property tycoon Nick Candy seeks to up his stake in trendy London gym chain 1Rebel By Daily Mail City & Finance Reporter Published: 21:51 BST, 16 December 2019 | Updated: 21:51 BST, 16 December 2019 Property tycoon Nick Candy has bumped up his stake in a trendy chain of London gyms. The 46-year-old already owned … Read more

Energy provider iSupply hit with £1.5m fine after it overcharging thousands of customers By Daily Mail City & Finance Reporter Published: 21:51 BST, 16 December 2019 | Updated: 21:51 BST, 16 December 2019 iSupply Energy overcharged around 4,400 of its customers under the new price cap Energy provider iSupply will pay £1.5million after it overcharged thousands … Read more

Among the big undeclared losers from overseas takeovers are Britain’s taxpayers. The nation’s research universities, supported by public funds, are the source of dozens of commercial spin-offs, the result of work done in labs and research institutes. When the companies fall into overseas hands, the UK corporate tax base is eroded and the patents and … Read more