Shares slide again as coronavirus pandemic spreads and traders shrug off emergency measures By Francesca Washtell For The Daily Mail Published: 21:50 GMT, 11 March 2020 | Updated: 21:50 GMT, 11 March 2020 Stock markets were plunged back into turmoil as the coronavirus was declared a pandemic and traders shrugged off emergency measures to prop … Read more
Barclays’ staff in Canary Wharf ordered to self-isolate after colleague is diagnosed with coronavirus By City & Finance Reporter for the Daily Mail Published: 21:50 GMT, 11 March 2020 | Updated: 21:50 GMT, 11 March 2020 A worker at Barclays’ Canary Wharf office has been diagnosed with coronavirus. The employee was based on the ninth … Read more
Bank fires up £290bn virus fighting fund: Interest rates are cut to record low of 0.25% By Lucy White For The Daily Mail Published: 21:51 GMT, 11 March 2020 | Updated: 21:51 GMT, 11 March 2020 The Bank of England led a double-barrelled response to the coronavirus crisis as it unveiled an emergency package to … Read more
Lenders can ‘take the strain’: Outgoing Bank Governor Mark Carney says coronavirus will not cause a financial crash as bad as the Great Recession By Daily Mail City & Finance Reporter Published: 21:51 GMT, 11 March 2020 | Updated: 21:51 GMT, 11 March 2020 Mark Carney has reassured the country that coronavirus will not cause … Read more
We’re giving firms the tools to fight this crisis, says Business Secretary ALOK SHARMA By Business Secretary Alok Sharma For The Daily Mail Published: 21:50 GMT, 11 March 2020 | Updated: 22:26 GMT, 11 March 2020 The UK is well prepared to tackle coronavirus but, of course, businesses clearly face challenges in multiple areas. These … Read more
Balfour Beatty to raise dividend as it reaveals HS2 rail scheme has added £3bn to its order book By Daily Mail City & Finance Reporter Published: 21:51 GMT, 11 March 2020 | Updated: 22:27 GMT, 11 March 2020 Construction giant Balfour Beatty hiked its annual dividend as it revealed a big boost from the High … Read more
Shares in G4S hit a 16-year low after a slew of one-off charges pushed it into the red. The security services giant swung to a loss of £91million in 2019, down from a profit of £81million the year before. Its books were rattled by £291million of impairment charges, mostly relating to its UK cash business, … Read more
Top sportswear brands warn of multi-million pound sales hits as coronavirus epidemic worsens By Daily Mail City & Finance Reporter Published: 21:50 GMT, 11 March 2020 | Updated: 22:28 GMT, 11 March 2020 The world’s top sportswear brands have warned of multi-million pound hits to sales as the coronavirus epidemic spreads. Adidas said its sales … Read more
Morrisons to cut cost of 500 everyday items with reductions averaging 15% on fresh, frozen and household goods By Daily Mail City & Finance Reporter Published: 21:50 GMT, 11 March 2020 | Updated: 22:28 GMT, 11 March 2020 Morrisons is slashing the price of more than 500 products. The supermarket chain said it is cutting … Read more
First Group shares edge up after transport provider announces it is set to sell its US school bus operations By City & Finance Reporter for the Daily Mail Published: 21:50 GMT, 11 March 2020 | Updated: 22:28 GMT, 11 March 2020 Shares in First Group edged higher after the transport provider said it had received … Read more