FD Technologies was founded in 1996 as First Derivatives by Brian Conlon By HARRY WISE Updated: 10:40 EDT, 8 May 2025 A prominent Northern Irish software developer has agreed to be acquired by a US private equity business in a deal valuing the group at £542million. FD Technologies revealed on …
Read More »Got a suspicious text? This WhatsApp number will tell you if it’s a scam
‘The URL in the image you sent me is not part of the official Royal Mail Website, meaning it’s likely a scam.’ This is the response from AI scam-detection tool Ask Silver, when it was sent a screenshot of a message received from an unknown number on WhatsApp. The text …
Read More »European ETFs post record $93bn inflows as investors shun US funds
By HARVEY DORSET Updated: 11:06 EDT, 1 May 2025 Investors piled record amounts into European exchange-traded investment funds at the start of 2025 as capital flowed out of US assets, fresh data suggests. US President Donald Trump’s imposition of tariffs on imports from around the world has seen investors reposition their …
Read More »Drax boosts guidance amid Miliband ‘greenwashing’ spat
By JANE DENTON Updated: 06:18 EDT, 1 May 2025 Drax Group lifted annual profit guidance on Thursday, having been bolstered by strong pellet production and biomass generation. The group, which generates energy by burning wood pellets, told investors it now expects its annual adjusted core profit to come in at …
Read More »Lloyds sets aside £100m for tariff uncertainty as lender’s profits plunge
Lloyds Banking Group profits fell at the start of the year as the lender set aside more money for bad debts amid economic uncertainty heightened by the emerging trade war. The lender reported pre-tax profits of £1.52billion for the three months to the end of March, down 7 per cent …
Read More »Labour’s postal sell-out: Did we learn nothing from the financial vandalism of our water firms? asks ALEX BRUMMER
Labour’s greatest business betrayal has been accomplished without words of public dissent. Assured by undertakings from Czech sphinx Daniel Kretinsky, 80 per cent of shareholders voted in favour of his EP Group’s £3.6billion purchase of Royal Mail owner International Distribution Services (IDS). Sell-out merchant Keith Williams, IDS chairman, hailed the …
Read More »Investors approve Czech Sphinx’s £3.6bn Royal Mail bid: Postal service falls into foreign hands for first time
By CALUM MUIRHEAD Updated: 17:01 EDT, 30 April 2025 Royal Mail’s takeover by a Czech billionaire is official after enough shareholders approved his bid. It means Britain’s 509-year-old post carrier will fall under foreign ownership for the first time since it was established by Henry VIII in 1516. Daniel Kretinsky, …
Read More »Labour’s postal sell-out: Did we learn nothing from the financial vandalism of our water firms? asks ALEX BRUMMER
Labour’s greatest business betrayal has been accomplished without words of public dissent. Assured by undertakings from Czech sphinx Daniel Kretinsky, 80 per cent of shareholders voted in favour of his EP Group’s £3.6billion purchase of Royal Mail owner International Distribution Services (IDS). Sell-out merchant Keith Williams, IDS chairman, hailed the …
Read More »Investors set to approve takeover of Royal Mail by Daniel Kretinsky
By JESSICA CLARK Updated: 21:50, 27 April 2025 Royal Mail is set to fall into foreign hands this week for the first time in its history. Shareholders have until Wednesday to accept a £3.6bn takeover of the postal service’s owner by Daniel Kretinsky. International Distribution Services (IDS) shocked the City …
Read More »Wall Street must speak up as Trump continues his attacks on Federal Reserve boss, says ALEX BRUMMER
By ALEX BRUMMER FOR THE DAILY MAIL Updated: 17:17 EDT, 22 April 2025 The downgrade to British and global growth in the International Monetary Fund’s World Economic Outlook report will come as no surprise. Donald Trump’s random ‘Liberation Day’ tariffs imposed on April 2, then subsequently watered down, shattered confidence …
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