Shell joins Big Oil rout as 2020 loss hits £15bn: Supermajor follows BP and ExxonMobil plunging into the red By Mark Shapland For The Daily Mail Published: 21:51 GMT, 4 February 2021 | Updated: 21:51 GMT, 4 February 2021 Shell followed rival BP and posted a multi-billion pound loss for 2020. In what chief executive … Read more
Sterling falls as third national lockdown triggers largest decline in business activity since May – leaving Britain facing double-dip recession By Hugo Duncan for the Daily Mail Published: 21:58 GMT, 22 January 2021 | Updated: 21:58 GMT, 22 January 2021 Sterling fell yesterday as the third national lockdown triggered the largest decline in business activity … Read more
IOC member Dick Pound says athletes should be priorities for Covid vaccine to ensure delayed Tokyo 2020 can go ahead… just weeks after Olympics chief Thomas Bach insisted they wouldn’t be able to jump the queue! IOC member Dick Pound says Olympic athletes should get a Covid vaccine soon Tokyo 2020 was delayed last summer … Read more
BUSINESS LIVE: FTSE and pound slump as new Covid strain crisis grips the nation; Frasers Group warns on profits; Arcadia sells Evans to Australian firm By This Is Money Published: 08:40 GMT, 21 December 2020 | Updated: 08:40 GMT, 21 December 2020 The FTSE 100 and the pound are deep in the red this morning … Read more
Fans of the steamy BBC dealing room drama Industry will be less than impressed at the flimsy evidence on which multi-million-pound trades on foreign exchange markets are made. A combination of guile, instinct and, occasionally, hard data drives trends. Currency dealers may have little more direct insight as to what is going on in the … Read more
Warnings of a no-deal Brexit saw the value of the pound suffer its biggest daily drop in months today against the euro and US dollar as the financial implications of Boris Johnson‘s failed negotiations began to show. The British currency was 1.3177 dollars compared to 1.3293 dollars at the previous close, a fall of 0.9 … Read more
Two sisters-turned-gangsters who ran a multi-million pound drugs ring from their beauty salon business have been jailed. Shazia, 43, and Abia Din, 45, operated online beauty product supply business ‘Beauty Booth’ in Bury as a front for their covert criminal enterprise. The Dins were farming out heroin, cocaine and amphetamines to contacts in South Yorkshire, through the … Read more
Ryanair strikes multi-billion pound deal to buy 75 scandal-hit Boeing 737 Max jets The airline’s order is the first since the aircraft was given the all-clear to fly again All 737 Max planes were grounded in March 2019 following two crashes Ryanair’s order has a list value of almost £7bn – but the firm didn’t … Read more
Rishi waves the cheque book AGAIN: Chancellor unveils multi-billion pound investment with £100bn on infrastructure, £20bn on housing and £19bn on transport in bid to dig Britain out of Covid black hole By Mark Duell for MailOnline Published: 13:55 GMT, 25 November 2020 | Updated: 13:55 GMT, 25 November 2020 Advertisement Rishi Sunak today revealed … Read more
The pound has slumped against the dollar as the US presidential election battle failed to produce an early result and looks set to continue for days. At midnight, the pound was trading at $1.315 but dropped to $1.290 earlier this morning before settling at around $1.300 in the afternoon. Leading up to election day, markets … Read more