FTSE CLOSE: London shares rise; NMC Health founder forced out; Japanese economy shrinks 6.3%; ii snaps up The Share Centre The FTSE 100 has closed up 0.3%, or 24.12 points at 7,433.25 Pound fell 0.2% against dollar and euro, with £1 buying $1.30 and €1.20 NMC Health shares recovered earlier losses …
Read More »Royal Bank of Scotland changing name to Natwest Group as it seeks to put chequered past behind it
Alison Rose’s revolution: Royal Bank of Scotland changing its name to Natwest Group as it seeks to put its chequered past behind it Bank seeks to draw line under its near collapse under Fred Goodwin New boss also plans to halve the size of its investment bank By Lucy White …
Read More »British Gas owner Centrica slumps to £1BILLION loss and sees its share price dive
British Gas owner Centrica swung to a loss of £1.1billion last year, with the group blaming the Government’s energy bill price cap and lower natural gas prices for its fall in fortunes. The energy group’s annual pre-tax profit was wiped out in a dramatic reversal of the £575million it banked …
Read More »ON THE BOARD: Adam Crozier made chairman of research firm Kantar
ON THE BOARD: Former ITV boss Adam Crozier made chairman of research firm Kantar By Daily Mail City & Finance Reporter Published: 21:51, 10 February 2020 | Updated: 21:51, 10 February 2020 Former ITV boss Adam Crozier has been made chairman of research firm Kantar. The company said the 56-year-old, …
Read More »MARKET REPORT: Hargreaves Lansdown takes another blow as founder flogs £550m worth of shares
MARKET REPORT: Fund supermarket Hargreaves Lansdown takes another blow as founder Peter Hargreaves flogs £550m worth of shares By Francesca Washtell For The Daily Mail Published: 21:48, 7 February 2020 | Updated: 21:48, 7 February 2020 Fund supermarket Hargreaves Lansdown took another blow as its founder Peter Hargreaves flogged £550m …
Read More »MARKET REPORT: More bad news in post for Royal Mail investors
Investors in Royal Mail face further reductions in their dividends, German bank Berenberg has warned. Analysts said the FTSE 250 firm’s turnaround plans, which are aiming to move it away from letters and toward more profitable parcel deliveries, were becoming ‘increasingly difficult’ and cuts to earnings alongside higher spending would …
Read More »IT and warehouse problems behind Asos as fashion retailer boasts £1bn sales
Asos smashes through £1bn in sales as the online fashion shop cashes in on Black Friday while putting IT and warehouse problems behind it The chairman of Asos is the former Royal Mail and ITV boss Adam Crozier The firm is headquartered in an Art Deco former cigarette factory in …
Read More »‘Throw your cards in’: Investors warned as Card Factory shares tumble
Shares in Card Factory have slumped after the group revealed it suffered a ‘challenging’ period of trading over Christmas and lowered its full-year earnings outlook. Blaming dwindling High Street footfall, the General Election and weak shopper sentiment, Card Factory said Christmas trading had been ‘softer’ than expected and revealed it …
Read More »More Christmas chaos as UPS workers at Argos distribution site vote to strike over festive period
Christmas presents could be left sitting in warehouses as Argos workers vote to strike over festive period South Western Railway and English universities are also affected by strike action Barton, Staffordshire is the main distribution site for electrical items from Argos Unite regional officer: ‘The treatment of these workers has …
Read More »Analysts say millions of savers risk being ‘crushed’ if a Labour government is elected
Analysts say millions of savers with cash tied up in utilities, telecoms and banks risk being ‘crushed’ if a Labour government is elected By Matt Oliver For The Daily Mail Published: 21:58, 2 December 2019 | Updated: 21:58, 2 December 2019 Millions of savers with cash tied up in utilities, …
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