MARKET REPORT: Synairgen soars 27% as US authorities agree to step up trials of the UK drug maker’s Covid treatment By Francesca Washtell For The Daily Mail Published: 21:51 GMT, 18 December 2020 | Updated: 21:51 GMT, 18 December 2020 The string of Covid vaccines in development has been in the spotlight for weeks. But … Read more
Clothing sales slump by almost a fifth with stores forced to close during Covid lockdowns By Daily Mail City & Finance Reporter Published: 21:51 GMT, 18 December 2020 | Updated: 21:51 GMT, 18 December 2020 Clothing sales plunged by almost a fifth last month as stores across the country were forced to close during Covid … Read more
Takeovers of companies listed on the junior market have dominated London Stock Exchange deals recently. In the year to September 2020, mergers and acquisitions involving smaller companies accounted for 56 per cent of the total up from 46 per cent in the previous 12 months. There was also a strong rise in takeovers made by … Read more
Frasers Group pulls out of making full takeover offer for Mulberry despite buying over a third of the business this year The Takeover Panel insisted that it make a solid offer by Dec 17 or withdraw Mulberry has been badly affected by Covid-19’s negative effect on tourism Frasers Group has expressed interest in buying Debenhams … Read more
Collins English Dictionary has named ‘lockdown’ as the word of the year, which may come as no surprise to Britons who have swapped the Red Lion pub for Red Dead Redemption. Video games have soared in popularity in 2020 due to people spending more time staying at home, sometimes under ‘quarantine’ – the Cambridge Dictionary’s … Read more
Retailers see the first fall in sales since the initial lockdown in the spring as new Covid curbs hit the High Street Retail sales volumes fell 3.8% in November, the first fall in six months Clothing retailers saw biggest slump of 19% Only food and household retailers saw sales rise – by 3.1% and 1.6% … Read more
MARKET REPORT: Bill Gates in the money as private equity giant Blackstone makes a move on Signature Aviation By Francesca Washtell For The Daily Mail Published: 21:50 GMT, 17 December 2020 | Updated: 22:02 GMT, 17 December 2020 Bill Gates was among the investors sitting pretty yesterday after private equity giant Blackstone made a move … Read more
TalkTalk Founder Sir Charles Dunstone backs broadband provider’s £1.1bn private takeover By Matt Oliver For The Daily Mail Published: 21:50 GMT, 17 December 2020 | Updated: 21:59 GMT, 17 December 2020 Talk Talk founder Sir Charles Dunstone has backed a £1.1billion takeover of the budget broadband provider that will see it go private. The deal … Read more
Britain’s economic recovery is being held back by the Covid clampdown, Bank of England warns By Daily Mail City & Finance Reporter Published: 21:50 GMT, 17 December 2020 | Updated: 21:59 GMT, 17 December 2020 Tough restrictions kept in place after the November lockdowns are slowing Britain’s economic recovery, the Bank of England has warned. … Read more
Every Christmas, Steve Rowe, the chief executive of Marks & Spencer, works as an ‘Elfer’ – short for elf helper – on the shop floor. In the next few days he will go on a ‘magical mystery tour’ and turn up at a store without warning. ‘I like doing the packing, though sometimes colleagues don’t … Read more