AJ Bell rakes in 45% extra from trading fees in six months

Investors trying to cash-in on the stock market slump during lockdown trigger a bumper rise in AJ Bell’s customer base as it rakes in 45% extra from trading fees AJ Bell’s customer numbers rose by over 30,000 in past six months Group’s revenue up over 20%, while cash from fees jumps sharply Shell, Lloyds and … Read more

Nearly one in four UK firms have halted trading due to coronavirus lockdown

Nearly one in four UK firms have halted trading due to coronavirus lockdown, new figures show ONS said 23 per cent of businesses have temporarily closed or paused trading  It said the food sector was the worst hit, with 81% of firms halting operations   It also revealed 58% of companies said turnover had slipped below … Read more

5,000-year-old ornate ostrich eggs reveal a complex trading network

Decorative ostrich eggs were the ultimate symbol of wealth and influence around the Mediterranean 5,000 years ago but little is known about how they were traded.  Analysis of surviving specimens reveals the ornate eggs were skilfully crafted and featured as the focal point in a highly complex trading system in Europe, North Africa and the … Read more

Ladbrokes owner GVC hails ‘excellent’ trading

Ladbrokes owner GVC hails ‘excellent’ trading as booming online business outweighs hit from crackdown on betting terminals Betting giant thrives despite regulation on fixed-odds betting terminals (FOBTs) UK retail like-for-like revenues dived 12 per cent over the year as a result GVC Holdings said it benefited from ‘strong’ online growth in the fourth quarter By Sara … Read more

Glastonbury call-off hits trading at power generator supplier Aggreko

Glastonbury cancellation hits trading at power generator supplier Aggreko By Daily Mail City & Finance Reporter Published: 21:50 GMT, 23 March 2020 | Updated: 22:09 GMT, 23 March 2020 The cancellation of this year’s Glastonbury Festival and other big events because of the coronavirus outbreak has hit trading at Aggreko.  The power generator supplier scrapped … Read more

Britain’s biggest pubs, bars and restaurants report dire trading

Britain’s biggest pubs, bars and restaurants report dire trading amid warnings that many will collapse this weekend with the loss of a million jobs By Tom Witherow For The Daily Mail Published: 23:29 GMT, 18 March 2020 | Updated: 23:29 GMT, 18 March 2020 Britain’s biggest pubs, bars and restaurants reported dire trading yesterday amid … Read more

Former Goldman Sachs banker pleads guilty to insider trading 

Former Goldman Sachs investment banker pleads guilty to insider trading By Daily Mail City & Finance Reporter Published: 21:54 GMT, 7 January 2020 | Updated: 22:37 GMT, 7 January 2020 A former Goldman Sachs investment banker linked to an insider trading ring has admitted fraud. US prosecutors say Bryan Cohen, 33, passed confidential information about … Read more

US Secret Service warns hackers are trading on coronavirus fears with phishing email scams

Someone who is infected with the coronavirus can spread it with just a simple cough or a sneeze, scientists say. More than 4,000 people with the virus are now confirmed to have died and more than 110,000 have been infected. Here’s what we know so far: What is the coronavirus?  A coronavirus is a type … Read more

What are stock market ‘circuit breakers’ and why was one used to halt trading in the US today?

What are stock market ‘circuit breakers’ and why was one used to halt trading in the US today? By Harry Wise For This Is Money Published: 15:38 GMT, 9 March 2020 | Updated: 15:50 GMT, 9 March 2020 Trading on the New York Stock Exchange was paused for fifteen minutes today after the S&P 500 … Read more

Liquidity injection from China’s Central Bank turns the trading screens green on New Year’s

MARKET REPORT: New Year Beijing bounce for stock markets as China central bank pumps an extra £87bn into the economy  Chinese Central Bank gives the market a whooping £87billion kick-start  Move comes off the back of the US-China trade war and a weak year for the SSE  FTSE, DAX, and the DOW were nudged up … Read more