Stephen Marks moves a step closer to selling French Connection

Stephen Marks moves a step closer to selling his struggling fashion company French Connection after receiving a £29m takeover offer By Francesca Washtell For The Daily Mail Published: 16:54 EDT, 23 September 2021 | Updated: 16:54 EDT, 23 September 2021 Stephen Marks has moved a step closer to selling his struggling fashion company French Connection … Read more

Nationwide unveils a major shake-up, with the exit of its boss and chairman

Nationwide unveils a major shake-up, with the exit of its long-standing boss and chairman By Daily Mail City & Finance Reporter Published: 16:50 EDT, 23 September 2021 | Updated: 16:54 EDT, 23 September 2021 Nationwide has unveiled a major shake-up, with the exit of its long-standing boss and chairman.  Joe Garner, the chief executive, and … Read more

Supply chain chaos is a recipe for rising prices, says Finsbury Foods

Supply chain chaos is a recipe for rising prices, says Mary Berry baker Finsbury Food Group By Daily Mail City & Finance Reporter Published: 17:16 EDT, 20 September 2021 | Updated: 17:16 EDT, 20 September 2021 The speciality baker behind Mary Berry’s cake range has become the latest firm to warn about rising prices and … Read more

Prudential tumbles as it turns to Hong Kong in £2.1bn equity drive

Life insurer Prudential tumbles as it turns to Hong Kong investors in £2.1bn equity drive By Lucy White For The Daily Mail Published: 17:16 EDT, 20 September 2021 | Updated: 17:16 EDT, 20 September 2021 Shares in Prudential fell after the life insurer announced plans to raise £2.1billion from investors in Hong Kong. The stock, … Read more

Pimlico Plumber boss Charlie Mullins set for £100m windfall

Plumber to the stars Charlie Mullins set for £100m windfall as he strikes deal to sell his business to US giant By Matt Oliver For The Daily Mail Published: 17:18 EDT, 20 September 2021 | Updated: 17:18 EDT, 20 September 2021 Celebrity plumbing tycoon Charlie Mullins is in line for a windfall of more than … Read more

PensionBee losses soar amid booming customer numbers and assets

PensionBee losses widen in debut stock market year but boss hails booming customer numbers as assets reach £2bn PensionBee pre-tax losses grow by 145% on the same time last year to £12.8m The firm did see revenues, customer numbers and assets grow significantly Boss Romi Savova expects PensionBee to reach breakeven by  the end of … Read more

Galliford Try hits £11m profit return

Galliford Try defies rising prices and shortage of workers to post £11m profits By Daily Mail City & Finance Reporter Published: 16:51 EDT, 16 September 2021 | Updated: 08:03 EDT, 21 September 2021 Galliford Try has seen a return to profit and said it is successfully managing material shortages and price hikes amid supply chain … Read more

Shoeaholics gives out free sprays to help its footwear last longer 

Save your shoes and the Planet! Shoeaholics gives out free protection sprays to help its footwear last longer By Daily Mail City & Finance Reporter Published: 17:10 EDT, 21 September 2021 | Updated: 17:10 EDT, 21 September 2021 Kurt Geiger’s online shopping site Shoeaholics will give away free protection sprays to cut the number of … Read more

Sir Sell-off on course for a £2m after getting green light at Meggitt

Sir Sell-off on course for a £2m windfall as shareholders give green light to Meggitt takeover By Matt Oliver For The Daily Mail Published: 17:01 EDT, 21 September 2021 | Updated: 02:16 EDT, 22 September 2021 The chairman of Meggitt is on course for a multi-million-pound payday after shareholders backed plans to sell the defence … Read more

BoE set to raise interest rates earlier than expected, says HSBC boss 

The BoE could raise interest rates earlier than expected in the face of soaring in inflation, says HSBC boss CFO Ewen Stevenson predicts the base rate could start moving from mid-2022 The raise in interest rates would be welcomed by long-suffering savers The Bank of England slashed interest rates to a record low of 0.1% … Read more