UK watchdog slams government failures to tackle Covid loan fraud December 3, 2021 The National Audit Office has chastised the government for failing to crack down on an estimated £5bn of loan fraud during the pandemic. The government’s department for business, energy and industrial strategy handed out far more in Covid Bounce Back Loans than it was expecting during the pandemic with a total of £47bn dished out [...]
Didi prepares to delist in US and go public in Hong Kong December 3, 2021 Didi has started preparations to delist from the New York stock exchange and debut shares in Hong Kong as it bows to pressure from Beijing.
Wickes lifts profit forecast to £83m beating analyst expectations December 3, 2021 Wickes has announced it expects fully year profits to reach £83m beating the upper range of analyst forecasts at just £75m.
Crypto bros step aside as female investors dive into digital assets December 3, 2021 The age of the ‘crypto bro’ could be coming to an end according to new data. Women are diving into the male-dominated crypto space in increasing numbers with exchange Bitstamp registering a 198 per cent increase in female investors on its platform this year. In the first three quarters of 2021 trade volume generated by [...]
Over half of Brits in the dark over their credit score December 2, 2021 A survey has revealed that 51 per cent of Brits do not know their credit score even though many are aware of its importance.
Disney elects first woman chairman in its 98 year history December 2, 2021 Walt Disney has elected Sarah Arnold as chairman. She is poised to become the first woman chair in the company's 98 year history.
Shares drop as Deliveroo founder sells £47m stake to settle tax bill December 2, 2021 Deliveroo's stock is down 4.5 per cent after takeaway business founder Will Shu had to sell off £47m of his shares to pay a tax liability.
Jack Dorsey’s Square prepares to change its name to Block December 2, 2021 Twitter founder Jack Dorsey has announced that tech company Square will be renamed as Block, hinting at a push into blockchain technology.
AJ Bell ends year overseeing £72.8bn in assets amid retail investor boom December 2, 2021 AJ Bell has enjoyed soaring profits and inflows for the year as non-professional investors turned to the platform in record numbers.
Lord Rothermere raises final offer in Daily Mail privatisation push December 2, 2021 Lord Rothermere has upped his offer to shareholders as he seeks to privatise the Daily Mail Group Trust (DMGT).