Driverless car start-up Wejo zooms to £10m funding

Driverless car start-up Wejo zooms to £10m funding from Government’s coronavirus fund and investors  Chester-based Wejo hopes to play a major role in autonomous cars   £10m funding among largest secured by a start-up through the Future Fund By Jamie Nimmo For The Financial Mail On Sunday Published: 22:30 BST, 1 August 2020 | Updated: 23:04 … Read more

STOCK WATCH: Is shadowy billionaire set to ring changes at Openreach?

STOCK WATCH: Is shadowy billionaire set to ring changes at Openreach? By Jamie Nimmo For The Financial Mail On Sunday Published: 22:32 BST, 1 August 2020 | Updated: 23:02 BST, 1 August 2020 Could a French telecoms billionaire be circling BT‘s Openreach arm? The mutter from the City gutter is that the secretive Patrick Drahi … Read more

Shopping centre giant Hammerson set to tap investors for £600m

Shopping centre giant Hammerson set to tap investors for £600m Hammerson has only received a fraction of rent due over the past six months  It is currently the London Stock Exchange’s most shorted company  By Neil Craven for The Mail on Sunday Published: 22:31 BST, 1 August 2020 | Updated: 23:02 BST, 1 August 2020 … Read more

BP’s prized dividend faces chop after Covid triggers £5.2bn loss

BP’s prized dividend faces chop after Covid triggers £5.2bn loss  BP is scheduled to unveil half-year figures on Tuesday City analysts said BP could cut or shelve its payout alongside the figures  By Ben Harrington For The Mail On Sunday Published: 22:31 BST, 1 August 2020 | Updated: 23:02 BST, 1 August 2020 BP is … Read more

We MUST let zombie firms die so the strongest can thrive, says Ric Traynor

‘The right thing might be to let the weak go to the wall.’ That’s what Ric Traynor thinks should happen to debt-ravaged businesses, many of which are now surviving only due to taxpayer-backed life support. Traynor is the executive chairman and founder of Begbies Traynor, one of Britain’s largest corporate insolvency companies for smaller firms … Read more

MARKET REPORT: Pets at Home is investors’ best friend

MARKET REPORT: Pets at Home proves to be investors’ best friend as latest figures show how much owners have doted on their animals during lockdown By Francesca Washtell For The Daily Mail Published: 21:56 BST, 31 July 2020 | Updated: 22:20 BST, 31 July 2020 Britain’s millions of pet owners have never taken more comfort … Read more

Amazon, Apple and Facebook shares soar amid pandemic

The £170bn tech boom: Bumper figures send shares in Amazon, Apple and Facebook soaring…but Google dives Huge rally saw Apple shares soar to record highs of more than $412 each Bonanza on Wall Street added £5.3billion to Amazon founder Jeff Bezos’ personal fortune By Matt Oliver For The Daily Mail Published: 21:56 BST, 31 July … Read more

LSE may sell Italian arm in £21bn takeover of Refinitiv

London Stock Exchange may sell its Italian business to appease regulators over its £21bn takeover of Refinitiv By Daily Mail City & Finance Reporter Published: 21:57 BST, 31 July 2020 | Updated: 22:19 BST, 31 July 2020 The London Stock Exchange (LSE) may sell its Italian business in a bid to appease regulators over its … Read more

Eurozone suffers biggest economic contraction

Eurozone suffers biggest economic contraction as countries across bloc are hammered by coronsvirus pandemic By Daily Mail City & Finance Reporter Published: 21:57 BST, 31 July 2020 | Updated: 22:17 BST, 31 July 2020 The eurozone suffered its biggest ever economic contraction over the spring as countries across the bloc were hammered by the Covid-19 … Read more