Daily Mail publisher lifts dividend despite Covid-19 profit hit November 23, 2020 The publishing group behind the Daily Mail and the Mail on Sunday today said it will hike its full-year dividend, despite seeing its profit slashed in half due to the coronavirus pandemic. The figures Daily Mail and General Trust (DMGT) posted revenue of £1.2bn in the year to the end of September, down 14 per [...]
The City View: Offshore Energies UK CEO on deleterious effects of a windfall tax May 25, 2022 Today Andy Silvester chats to Deirdre Michie, CEO at Offshore Energies UK. They unpick the windfall tax, the risk it poses for smaller energy firms and the sector in general, the state of the energy industry, and the seemingly lackadaisical speed of the energy transition. In other news: M&S is leaving its Russian franchise business, [...]
The best sports cars to buy in 2022 November 18, 2022 We nominate the best sports cars on sale in 2022, from the eccentric Morgan Super 3 to the venerable Porsche 911.
Breaking: World Health Organization recommends Astrazeneca vaccine for all age groups February 10, 2021 The World Health Organization (WHO) has recommended the use of the Astrazeneca/Oxford University vaccine for use by all countries around the world, with a 8 to 12 week interval between doses. In a major snub to European countries that have applied age limits to the vaccine, WHO said there was enough evidence to recommend vaccines [...]
Rise in SUVs and car usage hinders net zero targets, spending watchdog says February 26, 2021 An aversion to public transport, made worse due to the pandemic means the UK will have even further to go to reach its net zero emission targets, data from the National Audit Office (NAO) today has shown. The NAO report revealed transport is the UK’s largest contributor to carbon emissions, with cars being the primary [...]
An optimistic outlook for global markets February 3, 2021 Alex Crooke, Fund Manager for The Bankers Investment Trust, discusses recent performance of the Trust and highlights which stocks in particular are driving this performance. Alex also looks at the year ahead and explains why he is largely optimistic on the outlook for global markets and highlights which regions and sectors he and his team [...]
Mercedes recalls ‘compelling evidence’ of nitrogen oxide problem, lawyers say October 12, 2020 Lawyers building a class action against Mercedes alleging that the carmaker has deliberately engaged in emissions fraud said that the firm’s latest recall of diesel vehicles is “compelling evidence” that it has a nitrogen oxide emissions problem. London law firm Fox Williams says that the auto giant programmed an emission defeat device during test conditions [...]
Startup Checkout.com triples valuation to $5.5bn in Series B funding round June 22, 2020 London fintech startup Checkout.com has tripled its valuation to $5.5bn following a $150m Series B funding round. The online international payments business, which powers the likes of Grab, Revolut, and Klarna, said the steep increase in value reflected a growing demand for its cross-border online payment product. Checkout.com’s online transaction numbers had already increased by [...]
UK admits EU’s ban on shellfish exports was ‘correct’ despite complaints February 10, 2021 The UK government has privately accepted the EU’s ban on British shellfish exports is justified, despite publicly declaring otherwise. Environment secretary George Eustice this week wrote to the EU Commissioner for food safety Stella Kyriakides to say that the ban – which applies to oysters, mussels, scallops, cockles and clams – was “legally wrong” and [...]
All Bar One and Toby Carvery owner Mitchells & Butlers to close 20 sites November 16, 2020 All Bar One and Toby Carvery owner Mitchells & Butlers will permanently close 20 sites due to the impact of the coronavirus pandemic. The pub and restaurant chain, which also owns Harvester, O’Neills and Miller & Carter, said it had decided not to reopen the sites after assessing expected footfall and business layout. It opened [...]