Office space firm IWG courts investors with plan to raise £315m and take advantage of knock-down property prices By Daily Mail City & Finance Reporter Published: 21:50 BST, 27 May 2020 | Updated: 22:10 BST, 27 May 2020 Office space firm IWG last night launched a £315million shares placing and invited small shareholders to take … Read more
Mike Ashley rages at Debenhams as Sports Direct unveils plans to buy £15m of shares back off investors By City & Finance Reporter for the Daily Mail Published: 21:50 BST, 11 April 2019 | Updated: 21:50 BST, 11 April 2019 Mike Ashley’s firm Sports Direct said it will purchase 5m of its own shares in … Read more
Burberry becomes latest blue-chip company to cancel dividend in attempt to absorb £241m hit from pandemic By Tom Witherow For The Daily Mail Published: 22:05 BST, 22 May 2020 | Updated: 22:05 BST, 22 May 2020 Tough times: The luxury retailer ditched a payout worth £120m Burberry became the latest blue-chip company to cancel its … Read more
Investors lose out in £221m Norwegian deal: Airline to go in ‘hibernation’ for a year’ after securing state-backed loan By Daily Mail City & Finance Reporter Published: 21:50 BST, 20 May 2020 | Updated: 21:50 BST, 20 May 2020 Norwegian Air has secured a £221million state-backed loan after completing a huge refinancing that virtually wiped … Read more
Investors hit by £30bn in dividend cuts as companies fight to survive the coronavirus crisis By Francesca Washtell For The Daily Mail Published: 22:59 BST, 19 May 2020 | Updated: 22:59 BST, 19 May 2020 Investors are facing a £30billion dividend black hole as companies scramble to cut costs to survive the coronavirus crisis. Imperial … Read more
When it comes to the Covid-19 pandemic, every day is a school day – and that isn’t just because many parents (myself included) are having to teach our children about fronted adverbials at the same time as working from home. As we scan the news for information, we are all learning a great deal about … Read more
Holidays giant Tui considering tapping investors for hundreds of millions of pounds By Jamie Nimmo, Financial Mail On Sunday Published: 21:56 BST, 16 May 2020 | Updated: 21:56 BST, 16 May 2020 Holidays giant Tui is considering tapping investors for hundreds of millions of pounds. A major equity fund-raise is one of the options under … Read more
When it comes to the Covid-19 pandemic, every day is a school day – and that isn’t just because many parents (myself included) are having to teach our children about fronted adverbials at the same time as working from home. As we scan the news for information, we are all learning a great deal about … Read more
Nick Train, Finsbury Growth & Income trust manager, has been round the block a few times in a 39-year investing career ‘We know enough to know that we don’t know.’ Anyone tempted to try to predict the stock market’s next move in the coronavirus crisis would do well to heed those words from Finsbury Growth … Read more
FTSE 100 opens nearly 0.5% up as it climbs 28 points to 5,882 as investors welcome easing of lockdown and Chinese exports rise quicker than expected FTSE 100 of Britain’s biggest firms rose by 28 points or 0.47% to 5,882 today Investors welcome plans to ease rules imposed under lockdown from Monday Analysts also react … Read more