Ex-Aviva boss Mark Wilson to snap up motor insurer

Ex-Aviva boss Mark Wilson’s new company to snap up motor insurer Dayinsure By Ruth Sunderland for the Daily Mail Published: 16:50 EST, 7 March 2021 | Updated: 16:50 EST, 7 March 2021 Mark Wilson, the ex-Aviva boss turned fintech entrepreneur, is poised to announce the first multi-million-pound deal by his new company Abacai.  He has purchased […]

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Pernod Ricard rumoured to be mulling £5bn bid for Treasury Wine Estates

French drinks giant Pernod Ricard rumoured to be mulling £5bn bid for Penfolds distributor Treasury Wine Estates By Ben Harrington For The Mail On Sunday Published: 08:01 EST, 7 March 2021 | Updated: 08:01 EST, 7 March 2021 The owner of one of the most popular Australian wine brands sold in the UK could be […]

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Tech boss built money transfer giant and is ready to float Wise

Smart money: Kristo Kaarmann could become a billionaire from a float At first glance, Kristo Kaarmann looks like a typical tech entrepreneur. He is sitting in his spare room in Hackney, wearing a sweater emblazoned with his company’s new name: Wise.  The original brand – Transferwise – was ditched last month because Kaarmann, chief executive, […]

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HAMISH MCRAE: Trading change a shift in Britain’s favour

HAMISH MCRAE: Next great change in globalisation will be from trading goods to trading services – it is a seismic shift in Britain’s favour By Hamish Mcrae, Financial Mail On Sunday Published: 16:51 EST, 6 March 2021 | Updated: 16:51 EST, 6 March 2021 The next great change in globalisation will be from trading goods […]

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Ladbrokes owner Entain puts stock broker up for sale

Ladbrokes owner Entain trying to sell its troubled Intertrader stockbroking business By Ben Harrington, Financial Mail on Sunday Published: 16:50 EST, 6 March 2021 | Updated: 16:50 EST, 6 March 2021 Ladbrokes owner Entain is trying to sell its troubled Intertrader stockbroking business.  Entain, the FTSE100 company behind bookmaker Ladbrokes and online bingo firm Gala […]

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Broadband rivals lash out at BT’s Openreach

Three of Britain’s biggest internet providers tell regulator that broadband customers are suffering outages due to poor service from BT infrastructure arm By Alex Lawson, Financial Mail On Sunday Published: 16:50 EST, 6 March 2021 | Updated: 16:50 EST, 6 March 2021 Three of Britain’s biggest internet providers have told the regulator that broadband customers […]

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Film streaming on Bombardier trains to tempt leisure trippers

Industrial giant behind Bombardier trains plans to use film streaming and food ordering apps to lure passengers back to the railways By Alex Lawson, Financial Mail On Sunday Published: 16:50 EST, 6 March 2021 | Updated: 16:50 EST, 6 March 2021 The industrial giant behind Bombardier trains plans to use film streaming and food ordering […]

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Virgin Galactic boss’s rocket-fuelled $21m payday

Sir Richard Branson’s Virgin Galactic space tourism firm handed its new chief executive a $21 million windfall for his first five months in the job.  Virgin Galactic appointed Michael Colglazier, a former Disneyland theme park boss, as chief executive and president last July.  His $21.25 million (£15 million) pay packet – covering just over five […]

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Supermarket Morrisons quietly builds wholesale business

Supermarket firm Morrisons quietly builds wholesale business worth more than £1bn, analysts calculate By Neil Craven, Financial Mail on Sunday Published: 16:50 EST, 6 March 2021 | Updated: 16:50 EST, 6 March 2021 Supermarket firm Morrisons has quietly built a wholesale business worth more than £1billion, analysts have calculated.  The company last week extended a […]

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Threat to nine in ten live events if Government doesn’t act

Industry experts warn nine in ten live events could be scrapped this summer without intervention by Government By Harriet Dennys, Financial Mail On Sunday Published: 16:50 EST, 6 March 2021 | Updated: 16:50 EST, 6 March 2021 Nine in ten live events could be scrapped this summer without urgent intervention by the Government, industry experts […]

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Boost for L’Oreal-backed hair firm as it raises £1.2m

Beauty start-up backed by L’Oreal raises £1.2m to help salons bounce back from lockdown By Harriet Dennys, Financial Mail On Sunday Published: 16:50 EST, 6 March 2021 | Updated: 16:50 EST, 6 March 2021 A beauty start-up backed by L’Oreal has raised £1.2million to help salons bounce back from lockdown.  About two-thirds of the UK’s […]

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BT boss threatened to quit unless board replaced chairman

BT’s boss threatened to quit unless the board replaced its chairman, according to claims By Daily Mail City & Finance Reporter Published: 17:03 EST, 5 March 2021 | Updated: 17:03 EST, 5 March 2021 BT’s boss threatened to quit unless the board replaced its chairman, it was claimed yesterday.  Philip Jansen, who became chief executive […]

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Gupta steel empire in crisis talks with Government over jobs

Steel firm owned by Sanjeev Gupta in crisis talks with government officials as fears mount that financing behind industrialist’s empire is unravelling By Francesca Washtell For The Daily Mail Published: 16:52 EST, 5 March 2021 | Updated: 16:52 EST, 5 March 2021 The steel firm owned by Sanjeev Gupta is in crisis talks with government […]

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Stock Exchange boss raises the alarm over ‘frothy’ Spacs

Investors risk getting burned by ‘frothy’ market for so-called Spacs, boss of London Stock Exchange warns By Matt Oliver For The Daily Mail Published: 16:52 EST, 5 March 2021 | Updated: 16:52 EST, 5 March 2021 Investors risk getting burned by the ‘frothy’ market for so-called Spacs, the boss of the London Stock Exchange has […]

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ALEX BRUMMER: Greensill’s foothold with Government

ALEX BRUMMER: Important strand of the Greensill implosion is how group’s founder was able to establish a foothold at the heart of the Government By Alex Brummer for the Daily Mail Published: 16:51 EST, 5 March 2021 | Updated: 16:51 EST, 5 March 2021 The narrative surrounding the implosion at the Aussie-domiciled supply chain finance […]

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SMALL CAP MOVERS: Deals and flotations continue to flow

SMALL CAP MOVERS: Broker Finncap ‘in a good moment’ as flotations and deals continue to flow By John Harrington, Proactive Investors For Thisismoney.co.uk Published: 09:44 EST, 5 March 2021 | Updated: 09:44 EST, 5 March 2021 In a week when announcements of forthcoming flotations continued to flow, broker FinnCap revealed it has been trading materially […]

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Superdry boss’s fury at Sunak for failing to reform business rates

Superdry boss’s fury at Chancellor for failing to reform business rates in his budget By Daily Mail City & Finance Reporter Published: 16:51 EST, 4 March 2021 | Updated: 16:51 EST, 4 March 2021 Superdry’s boss has lashed out at the Chancellor for failing to reform business rates. Julian Dunkerton said he was ‘disappointed’ by […]

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