MARKET REPORT: Aston Martin investors hit eject over £100m losses

Shares in Aston Martin hit a record low as losses ballooned to more than £100million and its finance boss quit. James Bond’s favourite car maker plunged 9 per cent, or 35.2p, to 355.8p after the latest dire update since it joined the stock market 18 months ago. It also warned that there could be a … Read more

WPP’s woes hit Sir Martin Sorrell just as he faces a £110m divorce 

WPP’s sales growth dries up – hitting Sir Martin Sorrell in the pocket just as he faces a £110m divorce By Daily Mail City & Finance Reporter Published: 21:51 GMT, 27 February 2020 | Updated: 22:03 GMT, 27 February 2020 Advertising giant WPP had its worst day on the stock market in nearly 30 years … Read more

‘Tin-eared’ RSA insurance chief criticised after praising Britain’s flood defences 

‘Tin-eared’ RSA insurance chief criticised after praising Britain’s flood defences By Lucy White For The Daily Mail Published: 21:50 GMT, 27 February 2020 | Updated: 22:03 GMT, 27 February 2020 The boss of RSA Insurance insisted Britain’s flood defences had ‘done a better job than in prior years’ – despite the devastating storms leaving thousands … Read more

Sirius faces do-or-die investor vote over Anglo American takeover

Sirius faces do-or-die investor vote over controversial £405m Anglo American takeover By Francesca Washtell For The Daily Mail Published: 21:50 GMT, 2 March 2020 | Updated: 21:50 GMT, 2 March 2020 Crunch time: Sirius chief executive Chris Fraser Shares in Sirius Minerals plunged ahead of a crunch vote on a controversial takeover that will determine … Read more

MARKET REPORT: Recruiters warned that AI may put them out of a job

MARKET REPORT: Recruiters’ shares slump after analysts warn that artificial intelligence may put them out of a job By Francesca Washtell For The Daily Mail Published: 21:51 GMT, 2 March 2020 | Updated: 21:51 GMT, 2 March 2020 While much of the public is sceptical – or even downright scared – of artificial intelligence, businesses … Read more

NMC Health hires advisers to oversee emergency debt restructuring

NMC Health hires team of advisers to oversee emergency debt restructuring after shares were suspended last week By Daily Mail City & Finance Reporter Published: 21:51 GMT, 2 March 2020 | Updated: 21:51 GMT, 2 March 2020 NMC Health is in turmoil after the FCA launched a probe following devastating revelations about its finances Scandal-hit … Read more

BA owner IAG and Easyjet among shares hammered by coronavirus crisis

£15 billion airline rout: BA owner IAG and Easyjet among shares hammered as coronavirus crisis clobbers the travel industry By James Salmon and Hugo Duncan for the Daily Mail Published: 21:54 GMT, 2 March 2020 | Updated: 22:04 GMT, 2 March 2020 Major airlines have seen more than £15billion wiped off their value in just … Read more

Coronavirus wreaks havoc in factories around the world

Coronavirus wreaks havoc in factories around the world with even Germany and the US suffering slowdowns By Daily Mail City & Finance Reporter Published: 21:52 GMT, 2 March 2020 | Updated: 22:04 GMT, 2 March 2020 Coronavirus is wreaking havoc in factories around the world. In a string of bleak reports, research group Markit said … Read more

Fears manufacturing recovery will hit the wall if coronavirus worsens 

Fears manufacturing’s Boris bounce will hit the wall if coronavirus outbreak worsens By Daily Mail City & Finance Reporter Published: 21:50 GMT, 2 March 2020 | Updated: 22:04 GMT, 2 March 2020 The post-election recovery in British manufacturing could run out of steam because of the coronavirus. Research group IHS Markit said its index of … Read more

SMALL CAP MOVERS: Novacyt rare riser thanks to coronavirus test

Novacyt was one of the rare risers in a bloodbath week for the UK stock market, thanks to the success of its coronavirus diagnostic test which it handily launched a few weeks ago. The stock has been rising steadily for the past month or so, but shot up 33 per cent to 140.14p in the … Read more