Is this a real financial firm or a fake? How to spot a ‘clone’ scam

Watchdog warnings about fraudsters impersonating financial firms to trick people out of cash have soared this year, sparking concern this type of scam is becoming more prevalent. ‘Clone’ alerts by regulators have jumped 34 per cent to 401 so far, and 261 per cent since 2015 – and they currently make up two fifths of … Read more

Martin Bashir set up a £200k-a-year firm called ‘Panoramic’ after his BBC Panorama scoop 

Martin Bashir set up a money-spinning private company called ‘Panoramic Productions Ltd’ in the year of his BBC Panorama scoop with Princess Diana. It made more than £200,000 last year – on top of his BBC salary – it can be revealed. The under-fire journalist appears to use Panoramic Productions to reap outside earnings, including lucrative … Read more

Moderna CEO says the firm could get emergency FDA approval for a vaccine in December

BREAKING NEWS: Moderna CEO says the firm could get emergency FDA approval for a vaccine in December if trial results results expected this month are successful Moderna Inc’s CEO says the company is expecting the interim results of its coronavirus vaccine trial this month If the results are positive, along with the two months of … Read more

British firm given £250,000 to figure out how to extract oxygen from moon rocks

Up to £250,000 has been awarded to a British firm by the European Space Agency (ESA) with the explicit aim of extracting oxygen out of lunar rocks.  Metalysis, based in Rotherham, currently specialises in getting precious metals out of minerals for use in electronics.  As part of its process it uses electricity to strip away … Read more

New Army recruits will be put through their paces by Bear Grylls’ bootcamp fitness firm BMF

New Army recruits will be put through their paces by Bear Grylls’ bootcamp fitness firm BMF in bid to stop so many dropping out when gruelling training starts Grylls’ company Be Military Fit is partnering with Army recruiter Capita  The adventurer hopes an intense programme will prepare troops for training About 100,000 people apply to … Read more

Air taxis to make their US debut in Orlando as a German firm plans to deploy flying vehicles by 2025

Air taxis could soon fill the skies of Orlando, Florida, as a German aviation firm is seeking tax incentives from the city to build a 56,000-square-foot transportation hub with a takeoff and landing area. Lilium Aviation plans to bring its five-passenger flying vehicles to the Lake Nona community, which would be a stepping stone to … Read more

Hovis snapped up by UK-based private equity firm Endless in £75m deal

Struggling baker Hovis is snapped up by Leed-based private equity firm Endless in £75m deal By Daily Mail City & Finance Reporter Published: 21:51 GMT, 6 November 2020 | Updated: 21:51 GMT, 6 November 2020 Hovis has been bought by a Leeds-based private equity firm for more than £75million. Endless, which has previously invested in … Read more

Hovis stays in British hands: Private equity firm buys 134-year-old bakery business

A private equity firm has bought the 134-year-old bakery brand Hovis after winning a £100million bidding war with the Italian food firm Newlat. The historic business has been purchased by Endless LLP from joint venture owners Gores Group and Mr Kipling-owner Premier Foods for an undisclosed sum. Premier Foods said it will receive £37million in … Read more

If Ant Group goes public, should investors bet on the Chinese firm for the long-term?

Ant Group’s name supposedly represents a metaphor. On its own, a single digital transaction is like an ant; tiny, insignificant, barely noticeable.  But if billions of them are packed together, they form a huge colony. That colony was set to get a lot bigger on November 5 when the financial services firm was due to … Read more

As Ant Group prepares its IPO should investors bet on the Chinese firm for the long-term?

Ant Group’s name supposedly represents a metaphor. On its own, a single digital transaction is like an ant; tiny, insignificant, barely noticeable.  But if billions of them are packed together, they form a huge colony. That colony is set to get a lot bigger on 5 November when the financial services firm goes public on … Read more