Moss Bros surges 50% after it agrees £22.6m takeover deal would be a good fit By Daily Mail City & Finance Reporter Published: 23:26 GMT, 12 March 2020 | Updated: 00:32 GMT, 13 March 2020 Moss Bros shares surged almost 50 per cent after it agreed to go private in a £22.6million deal. The suit … Read more
Watchdog exposes Galliford’s £94m accounting errors sending shares crashing 18% By Daily Mail City & Finance Reporter Published: 23:27 GMT, 12 March 2020 | Updated: 00:32 GMT, 13 March 2020 Accounting errors by Galliford Try inflated its net assets by more than £94million. The construction business’s mistakes were uncovered by the Financial Reporting Council (FRC), … Read more
Elderly face uncertainty as care home group Four Seasons transfers another 58 properties to new operators By Lucy White For The Daily Mail Published: 23:29 GMT, 12 March 2020 | Updated: 00:33 GMT, 13 March 2020 Elderly residents at Four Seasons care homes face more uncertainty after the group transferred another 58 properties to new … Read more
ECB fires a blank: Shares go further into freefall after Lagarde says ‘non’ to rate cut By Ruth Sunderland Business Editor For The Daily Mail Published: 23:07 GMT, 12 March 2020 | Updated: 00:09 GMT, 13 March 2020 Christine Lagarde, president of the European Central Bank, dashed hopes of an interest rate cut to fight … Read more
MARKET REPORT: Bookies lose £2 billion as major sport events are cancelled in bid to stop the spread of coronavirus By Francesca Washtell For The Daily Mail Published: 23:33 GMT, 12 March 2020 | Updated: 23:33 GMT, 12 March 2020 More than £2billion was wiped off the value of Britain’s biggest bookies as a wave … Read more
IN THE MONEY: Shell boss Ben van Beurden pocketed £8.7m last year despite taking a 51% pay cut By Daily Mail City & Finance Reporter Published: 23:30 GMT, 12 March 2020 | Updated: 23:30 GMT, 12 March 2020 Shell’s boss’s pay was cut in half in 2019. The FTSE 100 energy business said Ben van … Read more
Firms hit the panic button as Trump’s coronavirus travel ban triggers worst stock market rout since Black Monday By Francesca Washtell For The Daily Mail Published: 23:04 GMT, 12 March 2020 | Updated: 23:04 GMT, 12 March 2020 Some of Britain’s biggest firms were pushed to the brink yesterday after President Trump’s shock travel ban … Read more
A rush of over-75s claiming pension credit to keep their free TV licences is set to cost the Government £600million a year, This is Money can reveal. An estimated 300,000 more people have successfully applied for the traditionally underclaimed benefit since the BBC announced it was axing the licence fee perk for all but the … Read more
The bloodbath on the stock markets is mounting this afternoon, with Britain’s blue-chip FTSE 100 index down nearly 10 per cent. At present, the FTSE 100 is down 9.52 per cent or 559.55 points to 5,316.97, which is lower than it reached in the aftermath of the June 2016 EU referendum vote and the lowest seen … Read more
Revealed: Millions of ‘dumb’ first generation smart meters were fitted last year as overall installation rates drop 12% Of the 4.5m meters installed, 1.5m were still first generation devices These figures do not count towards supplier’s official targets The number of installations has also dropped since 2018 By Grace Gausden For This Is Money Published: … Read more