The thousands of savers who entrusted almost £120million of their money to Wellesley Finance could hardly fail to have been impressed by the lineage of its founder, the 8th Earl Cowley, an aristocrat descended from the Duke of Wellington’s brother. But while Graham Wellesley has his illustrious name and his wealth, some of the investors … Read more
LVMH brands Tiffany ‘dismal’ in bid row: French Luxury giant launches lawsuit against American jeweller By Tom Witherow For The Daily Mail Published: 21:54 BST, 29 September 2020 | Updated: 23:09 BST, 29 September 2020 LVMH has claimed Tiffany & Co’s ‘catastrophic’ performance and ‘dismal’ prospects are to blame for the possible collapse of a … Read more
Plumbing giant Ferguson has brought back its dividend after a stronger than expected recovery from the coronavirus crisis. The FTSE 100 firm, formerly known as Wolseley, said a surge in demand for home improvements and cost-cutting measures helped to cushion the pandemic’s blow, giving it confidence to restore its investor payout. Ferguson shelved the divi … Read more
A Done deal? Brothers seek to buy William Hill shops if £3bn US takeover goes ahead By Matt Oliver For The Daily Mail Published: 21:51 BST, 29 September 2020 | Updated: 23:09 BST, 29 September 2020 Two brothers set to cash in from the £3billion sale of William Hill may also swoop on its British … Read more
Lockdown saw 60,000 Britons cut off from cash machines due to mass closures of bank branches By Miles Dilworth For The Daily Mail Published: 22:00 BST, 29 September 2020 | Updated: 23:05 BST, 29 September 2020 Around 60,000 Britons lost access to cash during the lockdown due to mass closures of bank branches and cash … Read more
Hotel Chocolat announces tilt at US market in partnership with newly-floated Hut Group as it reveals online sales helped offset store closures Hotel Chocolat said that sales rose 3% to £136.2m in the fiscal year to June 28 The chocolatier blamed its £6.5m after-tax loss on a large impairment charge The Hut Group’s IPO was … Read more
Las Vegas casino operator emerges as frontrunner to buy William Hill, making a £3bn bid By Matt Oliver For The Daily Mail Published: 22:21 BST, 28 September 2020 | Updated: 22:50 BST, 28 September 2020 A Las Vegas casino operator has emerged as the frontrunner to buy William Hill, making a £3bn bid. Caesars Entertainment, … Read more
BT tells ministers it cannot complete an upgrade of Britain’s broadband network before 2033 without tax breaks and a bonfire of red tape By Matt Oliver For The Daily Mail Published: 22:22 BST, 28 September 2020 | Updated: 22:29 BST, 28 September 2020 BT has told ministers it cannot complete an upgrade of Britain’s broadband … Read more
Diageo toasts ‘good start’ to its financial year after notching up strong sales in the US By Daily Mail City & Finance Reporter Published: 22:21 BST, 28 September 2020 | Updated: 22:21 BST, 28 September 2020 Diageo has toasted a ‘good start’ to its financial year after notching up strong sales in the US. The … Read more
Aldi pledges to create another 4,000 jobs as part of its plans to open 100 stores by the end of next year By Tom Witherow For The Daily Mail Published: 22:21 BST, 28 September 2020 | Updated: 22:21 BST, 28 September 2020 Aldi has pledged to create another 4,000 jobs as part of its plans … Read more