Nicola Horlick is thwarted by coronavirus in quest for profit

Superwoman Nicola Horlick is thwarted by coronavirus in quest for profit By Daily Mail City & Finance Reporter Published: 22:08 BST, 22 July 2020 | Updated: 22:29 BST, 22 July 2020 Profits have again eluded the crowdfunding business founded by former fund manager Nicola Horlick as cautious investors consider the coronavirus.  Money & Co, which … Read more

Luxury yacht revamps put GVG on the crest of a wave

Luxury yacht revamps put GVG on the crest of a wave By Daily Mail City & Finance Reporter Published: 22:09 BST, 22 July 2020 | Updated: 22:29 BST, 22 July 2020 Billionaires are still keen to spruce up their superyachts despite the coronavirus outbreak.  Luxury yacht painter and refitter GYG said there had been no … Read more

Board bust-up escalates at gold miner Petropavlovsk

Activist shareholder in gold miner Petropavlovskis threatening fresh legal action against seven former directors in an escalating boardroom bust-up By Francesca Washtell For The Daily Mail Published: 22:09 BST, 22 July 2020 | Updated: 22:30 BST, 22 July 2020 An activist  shareholder in London-listed Russian gold miner Petropavlovskis threatening fresh legal action against seven former … Read more

ALEX BRUMMER: Folly of debt-fuelled acquisition

ALEX BRUMMER: Big battalion investors do nation a huge disservice when they sell engineering and aerospace crown jewels to leveraged financial buyers with no strategic vision The debt-fuelled model at Melrose was unsuited to an engineering enterprise like GKN It may be frustrating for Melrose’s already-rich top team that they might not achieve the supercharged … Read more

Melrose shares plunge as coronavirus lays waste to GKN

Boss claims takeover WILL come good, but Melrose shares plunge as coronavirus lays waste to GKN  Critics of Melrose, and the men who run it, will seize on this as evidence of a well-deserved nemesis  Chief executive Simon Peckham insists the deal will pay off in the end By Ruth Sunderland for the Daily Mail … Read more

Tesla goes full throttle towards American S&P 500 index

Tesla goes full throttle towards elite American S&P 500 index By Lucy White And Francesca Washtell For The Daily Mail Published: 22:24 BST, 22 July 2020 | Updated: 22:24 BST, 22 July 2020 Tesla was speeding towards America’s prestigious S&P 500 index ahead of its results last night.  The electric car maker, run by eccentric … Read more

MARKET REPORT: Gold and silver prices rocket

MARKET REPORT: Traders have a glint in their eyes as gold and silver prices shoot to their highest levels in years By Francesca Washtell For The Daily Mail Published: 22:09 BST, 22 July 2020 | Updated: 22:18 BST, 22 July 2020 Traders had a glint in their eyes yesterday as gold and silver prices shot … Read more

VW’s electric ID.3 hatchback is available to order from TODAY

Order books have finally been opened in Britain for Volkswagen’s first car in the hotly-anticipated electric-only ID range. The ID.3 – which is around the same size as a VW Golf – was unveiled last September, but eco-conscious buyers haven’t been able to place an order for one until today. Currently only the launch ‘1st … Read more

Stagecoach Group cancels dividend amid dwindling demand

Stagecoach scraps dividend for shareholders amid lower bus passenger numbers and the demise of rail franchises Stagecoach’s commercial revenues are now back at 40% of their pre-Covid level A £254m government package for bus, tram and light rail was announced in May By Harry Wise For This Is Money Published: 16:29 BST, 22 July 2020 … Read more