Israeli tailor Bagir was out of fashion this week after announcing it is taking legal action against Chinese giant Shandong Ruyi. Once touted the ‘LMVH of China’, the fashion conglomerate is now drowning in billions’ worth of debt following an acquisition spree of European brands such as Sandro and TM Lewin. Only last month the … Read more
SMALL CAP MOVERS: Redx Pharma surges as bidder unexpectedly returns with second takeover offer By Calum Muirhead At Proactive Investors For Thisismoney Published: 12:03 GMT, 13 March 2020 | Updated: 12:03 GMT, 13 March 2020 Redx Pharma was one of the few winners on AIM amid the week’s market rout after it confirmed a second … Read more
Banks set to hand £20bn in emergency cash to small firms crippled by coronavirus By Daily Mail City & Finance Reporter Published: 23:09 GMT, 12 March 2020 | Updated: 00:27 GMT, 13 March 2020 Britain’s biggest banks pledged last night to immediately make available £20billion of emergency cash to small and medium-sized enterprises brought to … Read more
Government will REFUND coronavirus-related sick pay for ALL small and medium-sized firms for up to 14 days as Chancellor reveals a £2bn fighting fund to keep companies afloat Rishi Sunak announced government will cover cost of sick pay for small firms Firms with fewer than 250 staff able to claim back coronavirus-related sick pay Fighting … Read more
Meghan Markle and Prince Harry were today reunited with Prince William and Kate for the first time in four months – in what one body language expert described as ‘not exactly the warm reunion we were hoping for’. The Sussexes and Cambridges came together, at the Queen’s Commonwealth Service in Westminster Abbey, for the first time … Read more
Small shareholders set for power boost as shake-up may give investors a bigger say over fat-cat pay and takeover battles By Harriet Dennys, Financial Mail On Sunday Published: 23:46 GMT, 7 March 2020 | Updated: 23:46 GMT, 7 March 2020 Millions of small shareholders could be given more power to block takeovers and challenge fat-cat … Read more
SMALL CAP MOVERS: Travel concierge firm Ten Lifestyle hit by coronavirus fears; Easyhotel rises on shares sale to majority investor By Giulia Bottaro At Proactive Investors For Thisismoney.co.uk Published: 14:17 GMT, 6 March 2020 | Updated: 14:17 GMT, 6 March 2020 Ten Lifestyle was one of the latest coronavirus victims this week after it warned … Read more
The Last Of Us video game heads to the small screen with a TV adaptation by Chernobyl creator Craig Mazin By Brian Gallagher For Dailymail.com Published: 07:10 GMT, 6 March 2020 | Updated: 07:10 GMT, 6 March 2020 Following his critically-acclaimed HBO series Chernobyl, writer Craig Mazin is re-teaming with the network to adapt the … Read more
A lifeline for small firms crippled by coronavirus: Bank of England and Treasury draw up plan for emergency loans By James Salmon for the Daily Mail Published: 21:50 GMT, 4 March 2020 | Updated: 22:06 GMT, 4 March 2020 Plans to provide emergency loans to stop small firms going bust during the coronavirus crisis are … Read more
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