End of mortgage drought as banks gear up for price war in New Year By Helen Cahill, Financial Mail On Sunday Published: 21:50 GMT, 19 December 2020 | Updated: 22:28 GMT, 19 December 2020 Banks have kick-started a mortgage price war, ending four months of rate hikes. In a report, the Bank of England revealed … Read more
Mike Ashley considering moving his brands into empty Debenhams stores as part of a deal to acquire the company and its online division By Neil Craven, Financial Mail on Sunday Published: 21:50 GMT, 19 December 2020 | Updated: 22:28 GMT, 19 December 2020 Retail tycoon Mike Ashley is considering moving his brands into empty Debenhams … Read more
Facebook told to pay £139,667 in legal costs to UK markets watchdog after losing court battle over its acquisition of image firm Giphy By Helen Cahill, Financial Mail On Sunday Published: 21:50 GMT, 19 December 2020 | Updated: 22:27 GMT, 19 December 2020 Facebook has been told to pay £139,667 in legal costs to the … Read more
Billionaire Phones4U founder John Caudwell to discuss his proposals to reboot economy with Treasury By Alex Lawson, Financial Mail On Sunday Published: 21:50 GMT, 19 December 2020 | Updated: 22:27 GMT, 19 December 2020 Vision: Billionaire John Caudwell has outlined plans for a huge investment drive Billionaire Phones4U founder John Caudwell is to discuss his proposals … Read more
Five shopping days until Christmas and even with many plans thrown into chaos yesterday, the boss of one of Britain’s biggest grocers is sure of one thing. There will be celebrations – families will still do what they can to enjoy the day. ‘We’re banking on it,’ says David Potts, chief executive at Morrisons, who … Read more
BA owner IAG to buy Spanish budget airline Air Europa for £450m – half the price it initially agreed By Daily Mail City & Finance Reporter Published: 21:50 GMT, 18 December 2020 | Updated: 22:36 GMT, 18 December 2020 British Airways’ owner will buy a Spanish budget airline for half the price it initially agreed … Read more
Watchdog delayed raid on London Capital & Finance over concerns there were guns on the firm’s premises By Mark Shapland For The Daily Mail Published: 21:50 GMT, 18 December 2020 | Updated: 22:36 GMT, 18 December 2020 The City watchdog delayed a crucial raid on London Capital & Finance over concerns there were guns on … Read more
Mastercard’s Richard Haythornthwaite to succeed Stuart Rose as Ocado chairman By Daily Mail City & Finance Reporter Published: 21:51 GMT, 18 December 2020 | Updated: 22:35 GMT, 18 December 2020 Mastercard’s Richard Haythornthwaite has been named Ocado’s chairman, replacing Stuart Rose. Haythornthwaite, chairman of the financial giant, will join in January as an independent director … Read more
Next plots dramatic Topshop rescue: Fashion in talks with US investor over deal to rescue Sir Philip Green’s Arcadia empire By Mark Shapland For The Daily Mail Published: 21:51 GMT, 18 December 2020 | Updated: 21:51 GMT, 18 December 2020 Bosses at Next will spend the weekend thrashing out a deal to rescue Sir Philip … Read more
Vauxhall in talks about producing electric vans in Britain following calls from some of the country’s biggest fleet operators By Matt Oliver For The Daily Mail Published: 21:51 GMT, 18 December 2020 | Updated: 21:51 GMT, 18 December 2020 Vauxhall is in talks about producing electric vans in Britain after calls from some of the … Read more