FTSE suffers worst quarter since 1987 as virus sends shares tumbling

Not a great start to the year! FTSE suffers its worst quarter since 1987 as coronavirus crisis sees shares tumble By Hugo Duncan for the Daily Mail Published: 22:21 BST, 31 March 2020 | Updated: 23:22 BST, 31 March 2020 Britain’s stock market has suffered its worst run for more than three decades as the … Read more

MARKET REPORT: AIM group boosted by deal for NHS ventilators

Another day, another chance for investors to reward innovative firms rallying to the Government’s call to supply more ventilators.  A small research and development outfit Science Group has become the latest firm to design a ventilator from scratch.  The AIM-listed business – whose Sagentia subsidiary is responsible for the machines – has signed an agreement … Read more

Airline tycoons told to cough up: Ministers say shareholders must pay

Airline tycoons told to cough up: Ministers say shareholders must contribute in bailout By James Salmon for the Daily Mail Published: 22:23 BST, 31 March 2020 | Updated: 22:23 BST, 31 March 2020 Airline tycoons will have to put their hands in their pockets if they want a bail out, Transport Secretary Grant Shapps warned … Read more

UK’s biggest banks face pressure to axe dividends to help businesses during coronavirus crisis

UK’s biggest banks face pressure to axe dividends to ensure they can help struggling businesses weather the coronavirus crisis Barclays, HSBC, Lloyds, RBS and Standard Chartered are due to pay out £15.3bn Half of that money is due to investors in the coming weeks  But they are facing calls to cancel or delay payouts so … Read more

Landlords call for pub groups to waive rents

Publicans whose livelihoods are under threat from coronavirus lockdown rallying against ‘unethical’ practices of Britain’s major pub groups By Daily Mail City & Finance Reporter Published: 22:09 BST, 30 March 2020 | Updated: 22:09 BST, 30 March 2020 Publicans whose livelihoods are under threat from the coronavirus lockdown are rallying against the ‘unethical’ practices of … Read more

Travelex owner Finablr dumped by auditor after troubled finance company rocked by scandal

Travelex owner Finablr dumped by auditor after troubled finance company rocked by scandal By Daily Mail City & Finance Reporter Published: 22:09 BST, 30 March 2020 | Updated: 22:09 BST, 30 March 2020 Travelex owner Finablr has been dumped by its auditor after the troubled finance company was rocked by scandal.  Ernst & Young (EY) … Read more

£1bn takeover of razor brand Harry’s ditched over competition concerns

£1bn takeover of razor brand Harry’s by Wilkinson Sword-owner is ditched due to US competition concerns By Daily Mail City & Finance Reporter Published: 21:51 BST, 10 February 2020 | Updated: 09:39 BST, 11 February 2020 Edgewell Personal Care, the owner of Wilkinson Sword, was set to buy rival Harry’s The £1.1billion takeover of razor … Read more

Oil prices fall to 18-year lows of under $21 a barrel as coronavirus outbreak hits demand

Oil prices fall to 18-year lows of under $21 a barrel as coronavirus outbreak hits demand By Francesca Washtell For The Daily Mail Published: 22:09 BST, 30 March 2020 | Updated: 22:09 BST, 30 March 2020 Oil prices fell to 18-year lows of under $21 a barrel yesterday as the coronavirus outbreak hit demand.  Fears … Read more

UK’s largest banks urged to cut bonuses and dividends

Pressure growing on UK’s largest banks to cut bosses’ bonuses and shareholder payouts to preserve cash in face of growing coronavirus crisis By Lucy White For The Daily Mail Published: 22:09 BST, 30 March 2020 | Updated: 22:09 BST, 30 March 2020 Pressure is growing on the UK’s largest banks to cut bosses’ bonuses and … Read more

Campaigners say Barclays ‘pulling wool over eyes of shareholders’ with environmental claims

Campaigners say Barclays ‘pulling wool over eyes of shareholders’ with its commitment to being more environmentally friendly By Daily Mail City & Finance Reporter Published: 22:10 BST, 30 March 2020 | Updated: 22:10 BST, 30 March 2020 Barclays is ‘pulling the wool over the eyes of shareholders’ with its commitment to being more environmentally friendly, … Read more