There has been ‘rampant fundraising activity’ on AIM this year, and the junior market has been well and truly open for business during lockdown, according to data compiled by City broker Allenby. Indeed, since the lows of mid-March, activity levels are at their highest in recent memory, it added. A total of £2.4billion has been … Read more
Engineering firm John Wood Group warns profits set to fall by nearly a fifth due to the coronavirus crisis depressing the oil market The firm won a contract worth over $200m to build two solar projects in Virginia Company orders at the end of May have fallen 11% since December 2019 John Wood Group’s board … Read more
Credit card and loan borrowers can freeze repayments for three more months, but regulator says they should pay a reduced amount if possible The FCA brought in new unsecured debt proposals It announced a three-month extension to payment holidays Watchdog also says overdraft borrowers could have a £500 fee-free buffer for three more months – … Read more
Three months of brutal cuts to savings rates means the best cash Isa with no strings attached pays just £130 interest a year on the full £20,000 tax-free allowance. And falls in tax-free rates mean the best Isa available anywhere at the moment – a two-year fix – pays less interest than the best easy-access … Read more
My older sister has turned up after many years of absence and persuaded our elderly father to change his will, and I write in the sincere hope you can help me and my twin sister. Our family had a lot of unpleasantness growing up. Our parents married each other three times (to each other) and … Read more
Income investors face a 16 per cent drop in dividends from Britain’s top companies this year as they attempt to weather the Covid-19 crisis, a new forecast shows. Nearly half of FTSE 100 firms have now cut or suspended shareholder rewards as the coronovirus pandemic takes a dramatic toll on business activity. The other half … Read more
In March, Alphagreen Group, which claims to own Europe’s largest consumer marketplace for legally certified cannabis (CBD cannabidiol) products, secured £500,000 in its first equity funding round. Several tech angel investors were behind the deal alongside cannabis-focused investment company Enexis AB, which has backed several cannabis industry businesses in the past. While some angel investors … Read more
Electric and hybrid cars are not cheap. They usually demand a premium over a comparable petrol or diesel equivalent, which is one of the hurdles slowing the uptake of low-emission cars right now. But with recent reports that Prime Minister Boris Johnson has been considering a scrappage scheme for EVs to help the automotive sector … Read more
When the British government abolished slavery in 1833, around 47,000 individuals involved in the slave trade were compensated for the ‘property’ they had lost overseas. The property in question referred to the men, women and children whom they owned as slaves, as well as the plantations. To compensate for their loss of slaves, the UK … Read more
MARKET REPORT: Bank of England’s £100bn cash injection fails to excite investors, with the FTSE 100 shedding 0.5% By Francesca Washtell For The Daily Mail Published: 21:51 BST, 18 June 2020 | Updated: 21:51 BST, 18 June 2020 London shares sagged after the Bank of England disappointed investors with its latest stimulus plan. The Old … Read more