Metals magnate Sanjeev Gupta faces a parliamentary inquiry into the crisis at Liberty Steel By Francesca Washtell For The Daily Mail Published: 21:51 BST, 23 April 2021 | Updated: 21:51 BST, 23 April 2021 Metals magnate Sanjeev Gupta faces a parliamentary inquiry into the crisis at Liberty Steel. MPs on the House of Commons business … Read more
‘We simply haven’t built enough’: L&G chief calls on pension funds to invest in projects to help end housing crisis L&G boss Nigel Wilson believes we haven’t built enough homes L&G has already backed a number of projects across the country It has invested £450million in the regeneration of Cardiff Central Square By Emma Dunkley … Read more
Cineworld to hold crunch vote to increase its £6bn debt pile as it prepares to reopen cinemas Cineworld shareholders to vote on plan to take on an extra £155m of debt It is seeking approval for the suspension of its borrowing limits It said the money is for ‘further liquidity’ reasons in case of more … Read more
People in cities and towns are more likely to have felt lonely during the Covid-19 crisis than their countryside counterparts, official statistics reveal Office for National Statistics data show rising levels of loneliness during Covid Levels of loneliness tended to be greater in urban areas than the countryside Areas with higher rates of unemployment tended … Read more
Angela Merkel calls for national lockdown to curb Germany’s coronavirus crisis Angela Merkel today backed regional leaders’ calls for short, sharp lockdown Comes amid third wave with Germany battling average of 15,000 cases per day ‘Every call for a short, uniform lockdown is right,’ Merkel’s spokeswoman said She added that the country was struggling with … Read more
Official data shows more than 900,000 Americans were hired in March as job market rebounds from Covid crisis By Daily Mail City & Finance Reporter Published: 21:51 BST, 2 April 2021 | Updated: 21:51 BST, 2 April 2021 More than 900,000 Americans were hired in March as the job market began to rebound from the … Read more
Egypt seeks $1billion compensation for Ever Given crisis which blocked the Suez Canal for nearly a week Ever Given spent six days stuck in the canal after running aground on March 23 Compensation includes cost of the salvage operation and recuperation of losses The ship could be held in the Suez Canal until the compensation is … Read more
Fears Sanjeev Gupta’s steel empire is on the brink of collapse after creditors try to shut down one of his businesses By Francesca Washtell For The Daily Mail Published: 22:00 BST, 31 March 2021 | Updated: 22:00 BST, 31 March 2021 Fears are mounting that Sanjeev Gupta’s steel empire is on the brink of collapse … Read more
Credit Suisse faces investor backlash after Archegos crisis leaves it nursing heavy losses By Lucy White For The Daily Mail Published: 22:18 BST, 30 March 2021 | Updated: 22:18 BST, 30 March 2021 Credit Suisse is facing a major investor backlash after the Archegos crisis left it nursing heavy losses. The banking giant was already … Read more
Billions of pounds have been wiped off the value of big banks after a meltdown at a hedge fund. Credit Suisse and Nomura of Japan face a huge hit to their profits after bets placed by their client, Archegos Capital, turned sour. The crisis could cause major losses for British investors exposed through ISAs, pensions … Read more