Virgin Galactic slumps 15% on plan to sell shares and build spaceships

Virgin Galactic slumps 15% on plan to sell shares and build more spaceships following Branson’s successful test flight By Daily Mail City & Finance Reporter Published: 21:50 BST, 12 July 2021 | Updated: 21:50 BST, 12 July 2021 Virgin Galactic said it is raising up to £360million of cash through a share sale just a … Read more

Food delivery firm Parsley Box slumps on its London stock market debut

Over-60s food delivery firm Parsley Box slumps on its London stock market debut By Tom Witherow For The Daily Mail Published: 22:01 BST, 31 March 2021 | Updated: 22:01 BST, 31 March 2021 Parsley Box shares fell 10 per cent on its stock market debut Shares in over-60s food delivery business Parsley Box fell on … Read more

UK may have to stop giving Pfizer vaccine to new patients as supply slumps

Britain may have to stop giving new patients Pfizer‘s Covid vaccine so it can stockpile second doses after the NHS today warned there will be a ‘significant reduction’ in supplies in April.  No10 has only bought 40million doses of the jab – but is not expecting all of its supply until the end of 2021, with deliveries … Read more

GlaxoSmithKline slumps as it diverts dividend cash to drugs pipeline

GlaxoSmithKline slumps as it diverts dividend cash to feed drugs pipeline amid profits warning By Matt Oliver For The Daily Mail Published: 21:50 GMT, 3 February 2021 | Updated: 21:50 GMT, 3 February 2021 Shares in Glaxosmithkline sank by Matt Oliver after it warned profits would fall and that it plans to cut the dividend … Read more

Covid-hit fashion chain Jigsaw in pieces as it slumps to £30m loss 

Covid-hit fashion chain Jigsaw axes stores, clothing lines and overseas operations as it slumps to £30m loss By Daily Mail City & Finance Reporter Published: 22:55 GMT, 2 February 2021 | Updated: 22:55 GMT, 2 February 2021 Struggling Jigsaw has taken the axe to stores, clothing lines and overseas operations after the Covid-19 lockdowns cost … Read more

UK car production slumps 30% in worst 12 months since 1984  

Pandemic hits UK car industry: Production slumps 30% in worst 12 months since 1984 By Daily Mail City & Finance Reporter Published: 21:51 GMT, 27 January 2021 | Updated: 21:51 GMT, 27 January 2021 The UK produced fewer than 1m cars as Covid meant factories were severely disrupted by lockdowns and social distancing measures UK … Read more

Bitcoin slumps 10% to a ten-day low, amid fears of tighter regulation

Bitcoin slumps 10% to a ten-day low, amid fears Biden’s administration will bring in tighter regulation By Daily Mail City & Finance Reporter Published: 21:50 GMT, 21 January 2021 | Updated: 21:50 GMT, 21 January 2021 Bitcoin slumped 10 per cent to a ten-day low, retreating further from record highs, with traders citing fears of … Read more

MARKET REPORT: Easyjet slumps to first loss in its 25 history

MARKET REPORT: Easyjet takes £1.3bn hit as it slumps to its first loss in 25 years with passengers numbers halved in the pandemic By Francesca Washtell For The Daily Mail Published: 22:04 GMT, 17 November 2020 | Updated: 23:27 GMT, 17 November 2020 No amount of bracing for painful results from Easyjet could take the … Read more

ATM usage slumps after Britons rush to withdraw cash before lockdown

There was a sharp rise in people taking out money from cash machines in the days before England’s second lockdown but withdrawals have slumped since last Thursday, as footfall collapsed after the country was again told to stay at home. The amount of cash withdrawn between Friday and Sunday last weekend, the first one of … Read more

MARKET REPORT: Serco slumps as it loses nuclear warhead contract

Serco had a dismal start to the week. The outsourcer admitted it had been stripped of a government contract to run the facilities that make nuclear warheads. The Ministry of Defence has decided to take back control of the Atomic Weapons Establishment (AWE) from a group including Serco – which had a 24.5 per cent … Read more