In almost every part of our lives, priorities are shifting, with safety and prudence the new virtues. In future, more people may want to preserve their money, rather than maximise returns: the return of their capital is, in other words, more important than the return on their capital. Growth will be an added extra, rather … Read more
Further gloom descended on airline stocks after Ryanair said it could cut up to 3,000 jobs. The Irish budget carrier will kick off a restructuring programme in a bid to survive the coronavirus crisis that could also include staff taking unpaid leave, slashing salaries by 20 per cent and temporarily closing bases at certain airports. The … Read more
FTSE 100 opens down 2.2% by 144 to 5757 points as data shows slump in UK housing market – after government put brakes on lockdown easing and Trump threatened $1trillion tariffs on China The FTSE 100 of Britain’s biggest firms opened down by 144 or 2.2 per cent Newly released figures show house prices were … Read more
Turbulence on the stock market brought on by the coronavirus crisis has led to a surge in online trading. It has also boosted demand for shares in companies that specialise in this industry. Billionaire Hargreaves Lansdown co-founder Stephen Lansdown found the company’s stock was so sought after that, when he launched his latest sale of … Read more
Scammers are left to ‘run riot’ on social media and are using sites including Facebook and Instagram to market stolen personal details, a probe by consumer group Which? Reveals Which? found 50 discoverable profiles and groups advertising stolen identities The stolen information is used by fraudsters for blackmail and identity scams One Facebook post showed … Read more
Shares in Fever-Tree lost some of their fizz after co-founder and deputy chairman Charles Rolls announced he would bow out in June. Over the last 17 years he and his business partner, chief executive Tim Warrillow, have transformed the market for tonic waters. They launched in time to enjoy the full force of the ‘gin-aissance’ … Read more
MARKET REPORT: Royal Mail shares rise after a first class verdict from analysts as more parcels are sent during lockdown By Francesca Washtell For The Daily Mail Published: 23:37 BST, 28 April 2020 | Updated: 23:37 BST, 28 April 2020 Shifting ordinary life online as much as possible over the past few weeks has come … Read more
Testing has always been key to battling coronavirus. But, now that governments are shifting their attention to easing lockdown restrictions, testing both for the active virus and the evidence someone has already had it are more important than ever. Two British pharmaceuticals groups shone on AIM yesterday on their testing-related milestones. Novacyt has inked a … Read more
As crunch time approaches for Sirius Minerals, the fertiliser company boring a massive tunnel underneath the North York Moors, investors have been eagerly snapping up its shares. Sirius is trying to thrash out a financing agreement worth more than £2.5billion with an unnamed major financial institution, which should secure the construction of its Yorkshire polyhalite … Read more
Since the coronavirus lockdown, like many others, I have been listening to far more commercial radio. I prefer rock, my wife likes country – and sometimes we’ll stick on a random radio station to diversify. A common theme across all, however, is that the same formulaic adverts pop up, no matter which station you put … Read more