Car dealer Lookers sees share price plunge 20% and delays results after finding suspected fraud in its books The number of annual new car registrations last year was its lowest for 6 years New chief executive Mark Raban was the former CFO of Marshall Motor Holdings Lookers originally sold bicycles and bicycle parts before becoming … Read more
When the financial crisis of 2008 hit, the then prime minister Gordon Brown was ready with the big bazooka. With two of the nation’s biggest banks, Royal Bank of Scotland and Lloyds-HBOS just hours from running out of cash, the then Labour government launched a near one-trillion-pound rescue package for big banks, business and consumers. … Read more
BUDGET 2020 LIVE: The latest analysis, reaction and verdicts on the Chancellor’s speech – and what it means for you Rishi Sunak delivers his maiden Budget speech at 12.30pm Base rate has been cut to 0.25% today as coronavirus stock market panic bites Follow the latest build-up, the speech itself and the aftermath with our … Read more
I moved into a property in October and found out there is a first generation smart meter already installed. The incumbent energy supplier in the property is Bulb, who I am happy so stay with. But when I contacted them to ask for the meter top be removed, they said it would cost £150. They … Read more
IN THE MONEY: AstraZeneca boss Pascal Soriot to get £7m in shares if he hits his targets By Daily Mail City & Finance Reporter Published: 22:44 GMT, 10 March 2020 | Updated: 22:44 GMT, 10 March 2020 Astrazeneca boss Pascal Soriot has been granted more than £7million worth of shares. The 60-year-old, who has been … Read more
Talktalk founder increases his stake with a £1m share swoop sparking speculation that he may be planning a takeover bid By Daily Mail City & Finance Reporter Published: 22:47 GMT, 10 March 2020 | Updated: 22:47 GMT, 10 March 2020 Talktalk chairman Sir Charles Dunstone (pictured, with his wife Celia) has increased his stake again … Read more
Unilever braces for a rocky ride as boss admits coronavirus outbreak is ‘clearly concerning’ By Daily Mail City & Finance Reporter Published: 22:48 GMT, 10 March 2020 | Updated: 22:48 GMT, 10 March 2020 Coronavirus concerns: Unilever boss Alan Jope The boss of Unilever says it will take a hit from the coronavirus crisis but the … Read more
Asset managers M&G and Standard Life see billions pulled out of funds in sign savers are shunning active stock-pickers By Lucy White For The Daily Mail Published: 22:49 GMT, 10 March 2020 | Updated: 22:49 GMT, 10 March 2020 Two of Britain’s biggest asset managers saw investors pull billions of pounds out of their funds … Read more
ALEX BRUMMER: Why the Coronavirus crisis could restore trust in active fund managers By Alex Brummer for the Daily Mail Published: 22:50 GMT, 10 March 2020 | Updated: 22:50 GMT, 10 March 2020 There is no escaping the reality that it has been a terrible time for active fund management. But it is possible that … Read more
British video game developers already punch above their weight in an industry that often flies under the radar for UK investors. Gaming has been revolutionised by the same move to online streaming services that has changed how people watch TV. And updates from two AIM-listed companies, Frontier Developments and Team 17, showed the sector is … Read more