Rising insurance costs could be ‘last straw’ for struggling small businesses November 24, 2021 Half of small and mid-sized UK businesses have seen increases in pandemic-related exclusions in their cover, according to broker Marsh, as insurers try to stop their £1bn bill from mounting further.
Millions dished out to inactive or new companies under covid loan scheme November 24, 2021 Lenders reportedly dished out a whopping £130m to questionable companies under a government Covid support scheme that issued loans up to £5m.
Airline shares splutter as new EU lockdowns spook investors November 24, 2021 The share price of major airlines is on an ongoing downward trajectory as a result of the new wave of Covid-19 infections around Europe which is causing countries such as Austria and the Netherlands to impose lockdown measures. Compared with the last few days, the share price of major carriers such as IAG and Ryanair [...]
Why consistency matters November 24, 2021 | Sponsored Despite an eventful decade that has proved unsettling for markets, The Henderson Smaller Companies Investment Trust has consistently outperformed its benchmark by looking through the noise and sticking to its tried and tested investment process. In this article, Neil Hermon, Portfolio Manager of the Henderson Smaller Companies Investment Trust, explores moments that have defined the [...]
India poised to ban private crypto ownership with stringent bill November 24, 2021 India’s government said late last night that it would reintroduce a bill which could ban most crypto ownership and establish a CBDC.
Volkswagen committee still uncertain over chief executive’s future following row with unions November 24, 2021 The member of Volkswagen’s (VW) executive committee have yet to make a decision regarding the future of chief executive Herbert Diess, following clashes with union representative over his management style. “This topic is so hot, it is on a knife-edge,” a source told Reuters. “I can’t say anything further.” Diess has been at the centre [...]
Record level of UK factories intend to hike prices November 24, 2021 UK factories are bracing to hike prices to offset a margin assault caused by supply chain breakdowns, according to new figures released today. Over three thirds of British manufacturers are intending to raise prices, the highest proportion since the Confederation of British Industry (CBI), who produce the figures, started tracking the data in 1977. Global [...]
Real estate stocks build foundation for positive day in the City November 24, 2021 A strong performance among real estate stocks built the foundations for a positive day on London markets this morning. The capital’s premier FTSE 100 index climbed 0.46 per cent to 7,299.88 points, while the mid-cap FTSE 250 added 0.08 per cent to hit 23,240.57 points. The City was lifted by the likes of housebuilder Barratt [...]
Musk offloads another $1.05bn crossing the halfway mark November 24, 2021 Tesla’s chief executive Elon Musk has sold another 934,091 shares for $1.05bn, crossing the halfway point in his plan to offload 10 per cent of his stake in the company US securities filings from late last night showed that Musk carried out the sale after exercising options to buy 2.15 million shares. Since 6 November [...]
Activists slam Center Parcs over plans to build site on ancient woodland November 24, 2021 Green charities are calling out Center Parcs over plans to build a £350m holiday resort at the heart of ancient Sussex woodland.