Monzo being investigated over alleged breaches of money laundering rules

Digital bank Monzo being investigated over alleged breaches of money laundering rules By Matt Oliver For The Daily Mail Published: 16:50 EDT, 30 July 2021 | Updated: 16:50 EDT, 30 July 2021 Monzo is being investigated over alleged breaches of money laundering rules.  The digital bank was informed about the probe by City Watchdog, the … Read more

ALEX BRUMMER: Morrisons is the wrong deal at the wrong time

ALEX BRUMMER: Morrisons is a farmer, landowner, fishing company and a food producer, all of which could be damaged by private-equity ownership By Alex Brummer for the Daily Mail Published: 16:50 EDT, 30 July 2021 | Updated: 16:50 EDT, 30 July 2021 Softbank and Koch dynasty-backed Fortress has informed the stock market that it expects … Read more

SMALL CAP MOVERS: Itaconix plunges as sales plateau;

The price of Itaconix shares went down the plughole as the company, whose plant-based polymers are used in detergent products, warned of order fluctuations as brands and retailers adjust inventories due to uncertainties around consumer buying habits.  As a result, unaudited revenues in this business area for the first half of 2021 were flat compared … Read more

Shares in Pets at Home fall nearly 6% despite impressive performance

Shares in Pets at Home fall nearly 6% despite impressive performance over past four months By Daily Mail City & Finance Reporter Published: 17:25 EDT, 29 July 2021 | Updated: 17:25 EDT, 29 July 2021 Shares in Pets at Home fell nearly 6 per cent despite an impressive performance over the past four months.  The … Read more

One of UK’s oldest stockbrokers set to fall into hands of US rival

One of UK’s oldest stockbrokers set to fall into hands of US rival By Tom Harmsworth For The Daily Mail Published: 17:25 EDT, 29 July 2021 | Updated: 17:25 EDT, 29 July 2021 One of the UK’s oldest stockbrokers is set to fall into the hands of a US rival.  The sale of Charles Stanley, … Read more

Another leading Morrisons investor publicly denounces £6.3bn bid

Another leading Morrisons investor publicly denounces £6.3bn bid by private-equity-backed consortium By Daily Mail City & Finance Reporter Published: 17:26 EDT, 29 July 2021 | Updated: 17:26 EDT, 29 July 2021 Another leading Morrisons investor has publicly denounced the £6.3billion bid by a private-equity-backed consortium.  Fortress and its backers were in pole position after the … Read more

Huge spike in oil prices lifts Shell’s profits and dividend

Shell hikes dividend payout for shareholders by 50% and returns £1.4bn in share buyback as oil prices an profits soar Oil group Royal Dutch Shell will pay 11p a share dividend to shareholders Group also announced bumper share buyback scheme this morning Firm’s share price up 4% as oil prices and group’s profits rise   By … Read more

Birmingham Clean Air Zone: First month sees 44k fines

More than 44k fines issued for non-payment of Birmingham’s new £8-a-day Clear Air Zone charge in its first month – including more than 80 for the council’s own vehicles The Birmingham CAZ launched on 1 June but charging only started on 14 June It is the first emission charging zone for car drivers in Britain outside … Read more

BUSINESS LIVE: Lloyds brings backs dividend as profits surge

BUSINESS LIVE: Lloyds brings backs dividend as profits surge; BT issues bullish forecast for its prospects; Shell boosts dividend and launches bumper share buyback scheme Lloyds Banking Group swung to a profit of £2.6bn, new figures show Lloyds also announced plans to acquire savings and retirement firm Embark  By Jane Denton For Thisismoney Published: 02:59 … Read more