News

Coronavirus cost to economy unveiled in new figures

Today

Employment figures will reveal how many more people lost their jobs in June. And GDP figures are expected to show only a modest rebound in May after April's 20.4 per cent collapse.

Tax advisers face scrutiny by State regulator

Today

The Treasury is launching its review in the wake of scandals, such as one where staff were paid via tax-avoiding loans not likely ever to be repaid.

Energy boss 'took £12m secret payout from City fraudster'

Today

It is alleged that Mark Martin, whilst chief executive of Exillon Energy, accepted the 'secret' payment from Maksat Arip.

Tui boss says travel industry STILL needs help

Today

Tui's opening schedule of 44 flights a week, initially from Gatwick, Manchester and Birmingham to eight destinations, is just 4 per cent of its usual European summer flying programme.

Private hospital company NMC Health set to be sold

Today

City sources said the administrators to NMC have appointed advisers from Perella Weinberg to find a buyer for Aspen Healthcare as part of a break-up of the stricken company.

HAMISH MCRAE: Will Chancellor's bid to boost economy work?

Today

The answer to the first is: to some extent yes, but that depends on other factors. And to the second it is: all of us, either as taxpayers or savers. But I suspect the greater burden will be on savers.

Blow for investors as M&C Saatchi's profits set to dive

Today

The firm has been in the spotlight following an accounting scandal last year that prompted four directors to leave. The accounts, which are being redrafted, so far have no scheduled release date.

Wetherspoons boss Tim Martin sells £5m of shares

Today

The 65-year-old sold 510,725 shares at a price of £9.84 per share, according to a statement released on Friday evening after the stock market had closed for the weekend.

Rishi Sunak's ex-boss Chris Hohn takes aim at fund managers

Today

Sir Chris - whose firm TCI Fund Management was the world's best performing hedge fund last year - said it was 'time to call bulls***' on City rhetoric which failed to materialise into action.

Start-up Visionable billed as 'Zoom for medics' aims to raise £100m

Today

Visionable, chaired and co-founded by former NHS England board member Lord Victor Adebowale, has grown to 70 people since launching in 2015. Advisers include This Morning's Zoe Williams.

TalkTalk boss says: Home broadband can be as fast as in office

Today

Harrison has just launched a new service that allows employers to splash out on 'business grade broadband for the home' for staff stuck in their houses.

Forget Silicon Valley, now Japan's the land of the rising tech

Today

Japanese technology companies provide UK investors with the opportunity to make solid returns over the coming years because Japan is way behind the US in digitalising its economy.

MIDAS SHARE TIPS UPDATE: Dividends at Robinson

Today

Robinson shares have see-sawed over the past seven years, but steady dividends have provided some consolation. Now, it seems that the company has a new spring in its step.

MIDAS SHARE TIPS: Driver Group can build your portfolio

Today

PM Boris Johnson wants this country to 'build, build, build'. But when ambitions run high and money is tight, disputes are likely. As a building resolution specialist, Driver can smooth the way.

Rollercoaster ride for shareholders in BMO Global

Today

Investment manager Peter Ewins, currently running the £810million fund from his attic at home in Kent, says the past four months have been a 'difficult and challenging times' for investors.

Make your investments fly by picking the BEST of BRITISH

Today

Investors who have flown the Union Flag over their portfolios this year have endured some stomach-churning turbulence. But some leading experts argue it will pay investors to hold tight.

PureGym gets a clean bill of health from Moody's

Today

Analysts at the credit rating agency forecast a 10 per cent contraction in economic activity in the UK this year, which they said was likely to 'curb consumer confidence'.

Hedge fund PSQUARED placed £20m bet on Boohoo's shares falling

Today

A hedge fund has launched an attack on shares in Boohoo - the day after the fast fashion giant was accused of using sweatshop factories in Leicester.

Rockfish owner calls for help to ease rural 'debt mountain'

Today

The VAT cut and dining discount announced last week would help hospitality firms but many rural firms will still struggle to repay loans taken on to survive the crisis, says campaigner.

STOCK WATCH: Red pens come out for McCarthy & Stone

Today

Efforts to turbocharge the housing market were cheered loudly by John Tonkiss, chief executive of FTSE250 member McCarthy & Stone, when they were confirmed by the Chancellor on Wednesday.

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