HSBC and Lloyds report thousands more are digitally scanning cheques

Thousands more people are turning to digital cheque scanning as banks encourage them to stay at home and not visit branches, new data suggests. Figures from HSBC and Lloyds, two of Britain’s big four high street banks, revealed the numbers of cheques being digitally deposited using mobile banking apps has surged, while branch footfall has … Read more

MARKET REPORT: British pharma shines with coronavirus test

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

Coronavirus: US report identifies most accurate antibody tests

A new study of coronavirus antibody tests that are currently on the market revealed that at least eight out of 14 had an accuracy rate of more than 95 percent and three were more than 99 percent accurate, but doctors remain concerned that more work needs to be done before they can be solely relied upon … Read more

MARKET REPORT: Sirius Minerals soars on hopes of securing a £2.5bn funding deal 

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

First ever proof of meteorite killing a man uncovered in 1888 report to Ottoman sultan

First ever proof a meteorite killed a human: Study uncovers 1888 report to Ottoman sultan of a meteor ‘falling like rain’ and killing a man and paralysing another  Researchers at the Meteoritical Society found evidence of event in August 1888  Documents kept by Turkish government archives describe a meteorite in Iraq  It fell on village … Read more

EU officials ‘watered down report on China’s coronavirus fake news campaign under pressure’

The EU is accused of watering down a report on China‘s coronavirus disinformation campaign after Beijing pressured the bloc, according to media reports. The New York Times and South China Morning Post say they have obtained the initial copies of a European report published on Friday which carefully documents how rogue states are pushing ‘fake … Read more

MARKET REPORT: Pearson pledges to pay dividend

MARKET REPORT: Textbook publisher Pearson pledges to pay out its dividend despite a drop in revenues By Francesca Washtell For The Daily Mail Published: 21:55 BST, 24 April 2020 | Updated: 21:55 BST, 24 April 2020 Textbook publisher Pearson has pledged to pay out its dividend despite a drop in revenues.  The education group will … Read more

Kanye West officially becomes a billionaire according to forbes report

Forbes Magazine reveals Kanye West has officially become a BILLIONAIRE …after the rapper’s team provided financial documents as proof showing he’s now worth $1.26bn Rapper Kanye West is now worth $1.26 billion, according to a Friday report by Forbes Magazine  Comes after sister-in-law Kylie Jenner, 22, was named by Forbes as the youngest ‘self-made’ billionaire for … Read more

MARKET REPORT: Housebuilders on rise as sites prepare to reopen

Housebuilders were stacking up gains yesterday as investors hoped construction workers would soon be heading back to work. Taylor Wimpey was the top riser on the FTSE 100 after it said it was still selling homes virtually, adding its order book was at £2.7billion at the end of last week, up from £2.4billion the same … Read more

MARKET REPORT: Slump in electricity demand shocks Centrica’s shares

The slump in demand for electricity has been worse than previously thought and could knock British Gas owner Centrica hard, according to analysts at Jefferies. The utility giant was among the biggest fallers on the FTSE 100 after the US investment bank downgraded its stock from ‘buy’ to ‘hold’, slashed earnings forecasts by a third … Read more