U K retail sales suffered their largest annual fall in history in 2020, as the coronavirus crisis hammered the high street. New figures show last month retail sales volumes increased by 0.3% when compared with…
Market wrap for Thursday January 21 Inauguration hangovers started to kick in on Thursday as the strong gains following the swearing in of new US president Joe Biden petered out. The FTSE 100 closed the…
B ritain borrowed a further £34.1 billion last month, taking total government borrowing up to £270.8 billion in the first nine months of this financial year as tax revenues plunged and public spending soared in…
T he FTSE 100 Index was today set for a flat or slightly negative start as investors began to turn their attention to Rishi Sunak’s forthcoming Budget amid reports of tax rises to fund the…
T he makers of popular game Fortnite have begun legal action against Apple and Google in the UK, accusing the tech giants of breaking UK competition rules. Epic Games has taken its case to the…
M Ps representing victims of pension mis-selling today accused the Financial Conduct Authority of being “not fit for purpose” over its failure to help consumers. Nick Smith and Stephen Kinnock, MPs whose constituents saw their…
T im Ashley could be a broker at Goldman Sachs. He does come off as a City trader – chatty, gregarious, up for a laugh (and, one day, a drink). But his VCL Vintners firm…
D avid and Victoria Beckham paid themselves £14.5 million from their business empire, according to new accounts that cover trading before the coronavirus outbreak. The dividend, outlined in results for 2019, comes despite profits declining…
E ntain has come a long way since its scrappy days as GVC, running bookies operations in territories where the legality of gambling was grey, at best. It’s now the owner of those granddaddies of…
D ining Street, the firm behind London’s century-old Richoux afternoon tea rooms and a string of commuter-belt restaurants, is to close all 15 of its sites with the loss of almost 150 jobs. The company,…