Do Christmas without making Amazon even richer

For many, Christmas shopping is in full swing, albeit online from a sofa or kitchen table while still in lockdown.  It might be tempting to click on the obvious, but there are plenty of alternatives to billionaire Jeff Bezos’s Amazon for people who want to put time and thought into their festive spending.  Also, though … Read more

Use high streets at Christmas, urges owner of HMV

Music mogul Doug Putman is not a man to ignore harsh truths. Rescuing music chain HMV last year thrust him directly in the path of tech giant Amazon. Even back then he was keenly aware of the challenge he faced, just as he’s now candid about the pandemic boost gifted to his arch rival.  ‘Look, … Read more

HAMISH MCRAE: UK must play financial cards judiciously

The new adventure begins. If you wanted to choose a moment when the UK starts to direct its economy away from Europe and towards the rest of the world, this is as good as any.  On Wednesday we get Rishi Sunak’s Spending Review, setting out the Government’s plans to direct the 40 per cent plus … Read more

Facebook’s war with CMA could end in £3bn fine

Unfriended! Facebook’s war with Competition and Markets Authority that could end in £3bn fine By Helen Cahill, Financial Mail On Sunday Published: 21:51 GMT, 21 November 2020 | Updated: 21:51 GMT, 21 November 2020 Facebook has become embroiled in an explosive row with Britain’s markets watchdog that could result in a fine of up to … Read more

Joe Biden tax hikes will sink shares in US, says guru

Veteran investor Mark Mobius warns US stock market faces sharp drop due to Joe Biden’s plans to hike taxes By Emma Dunkley, Financial Mail On Sunday Published: 21:50 GMT, 21 November 2020 | Updated: 21:50 GMT, 21 November 2020 Warning: Funds chief Mark Mobius Veteran investor Mark Mobius has warned that the US stock market … Read more

PM Boris Johnson tells firms to fund £40bn green surge

PM Boris Johnson holds private meeting with 20 industry giants to raise cash for his clean power revolution Boris Johnson and Business Secretary Alok Sharma held a private meeting with more than 20 powerful British and multinational corporations Sources said the meeting was called to drum up billions of pounds of private sector investment in solar, … Read more

Exit fees here to stay as the regulator does a U-turn

Rip-off exit fees for investors switching between investment platforms could be here to stay, after financial regulator ditched proposals to ban them By Rachel Rickard Straus, Financial Mail On Sunday Published: 21:50 GMT, 21 November 2020 | Updated: 21:50 GMT, 21 November 2020 Rip-off exit fees for investors switching between investment platforms could be here … Read more

Nationwide mortgage boost for first-time buyers

Nationwide examining plans to make it easier for first-time buyers to get mortgage with 10% deposit By Helen Cahill, Financial Mail On Sunday Published: 21:50 GMT, 21 November 2020 | Updated: 21:50 GMT, 21 November 2020 Nationwide is examining plans to make it easier for first-time buyers to get a mortgage with a 10 per … Read more

WeWork lures more City firms as offices shut due to Covid

WeWork in negotiations with string of City firms that want more flexible offices because so many staff working at home By Harriet Dennys, Financial Mail On Sunday Published: 21:50 GMT, 21 November 2020 | Updated: 21:50 GMT, 21 November 2020 WeWork is in negotiations with a string of City firms that want more flexible offices … Read more

Anglo American ID cards flash red if staff get too close

Employees at miner Anglo American given security passes that flash red if they stand too close together By Alex Lawson, Financial Mail On Sunday Published: 21:50 GMT, 21 November 2020 | Updated: 21:50 GMT, 21 November 2020 Employees at platinum and diamond giant Anglo American have been given security passes that flash red if they … Read more