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CITY DIARY: Did Sorrell order firm not to advise Kraft?

Daily Mail - Tue, 02/21/2017 - 23:28
The involvement of City PR outfit Finsbury, owned by Sir Martin Sorrell's WPP, in Kraft's aborted takeover of Unilever is much discussed.

HSBC's efforts to become world's local bank fall flat

Daily Mail - Tue, 02/21/2017 - 22:55
The legacy of Sir John Bond still hangs heavily over HSBC, more than a decade after the buccaneering chairman left the hot seat at Britain's biggest bank.

Intercontinental Hotels shares hit record high

Daily Mail - Tue, 02/21/2017 - 22:51
The Holiday Inn owner issued a cash return as it reported a 1.8 per cent rise in revenue per room in 2016. It sent the share price soaring to 4029p although it dropped back to 3879p.

DAILY BRIEFING: Yahoo takes £281m hit after cyber attacks

Daily Mail - Tue, 02/21/2017 - 22:49
Verizon had agreed to buy the internet firm for £3.6bn in July. But at the end of last year Yahoo revealed hackers had attacked it in 2013, stealing email addresses, passwords and dates of birth.

Asda Christmas trade is worse than rivals

Daily Mail - Tue, 02/21/2017 - 22:44
Sales in the three months to December 31 fell 2.9 per cent excluding fuel, handing Asda its tenth consecutive quarterly decline.

Ministers refuse to interfere on LSE deal 

Daily Mail - Tue, 02/21/2017 - 22:39
City minister Simon Kirby last night insisted he could not express a view on Frankfurt-based Deutsche Boerse's bid to seize control of the 216-year-old institution.

US shares hit new record after lift from giant stores

Daily Mail - Tue, 02/21/2017 - 22:32
Grocery chain Wal-Mart Stores was the highest riser as trading began, climbing 3 per cent as the group reported strong online sales over the Christmas period.

HSBC profits sink as it fights 37 legal battles

Daily Mail - Tue, 02/21/2017 - 22:30
The boss of HSBC has been forced to take a bonus cut over money laundering failings at the bank. Stuart Gulliver took home £5.7million last year, down from £7.4million in 2015.

MARKET REPORT: Builder Galliford Try hikes dividend 23%

Daily Mail - Tue, 02/21/2017 - 22:16
Shares soared when the market opened as profit climbed 19 per cent to £63m. Revenue in the six months to December 31 was up 3 per cent to £1.3bn.

Ocado CEO Tim Steiner pockets £1.2m of shares

Daily Mail - Tue, 02/21/2017 - 22:12
Tim Steiner, a former Goldman banker, will be given the cash if Ocado hits targets by 2020. He started Ocado in 2000 after quitting his New York job after eight years.

Miners back in black as metals rally lifts profit after

Daily Mail - Tue, 02/21/2017 - 22:02
BHP Billiton and Anglo American both announced a return to profit, less than two weeks after Rio Tinto doubled its dividend after doing the same.

Currys ditches absurd 48hr return policy for broken goods

Daily Mail - Tue, 02/21/2017 - 22:01
The move could open the floodgates to claims from customers who were refused refunds. According to consumer law, shoppers have 30 days to return goods that are faulty or broken.

Isa rates fall behind as tax year ends

Daily Mail - Tue, 02/21/2017 - 22:01
You can put up to £15,240 into a cash Isa before April 6 and automatically earn tax-free interest on your money. If you don't use the allowance this year, you will lose it as you can't carry it over.

NatWest to help customers use online and mobile banking

Daily Mail - Tue, 02/21/2017 - 22:01
By the end of April, there will be an expert in each NatWest in England and Wales and 200 in Royal Bank of Scotland branches.

Was your hotel a building site? 

Daily Mail - Tue, 02/21/2017 - 22:01
Tui, the owner of Thomson Holidays and First Choice, has been fined three times in the past two years (totalling £11,000) for failing to tell its customers about this before they travelled.

Could you profit from the star fund managed by two women?

Daily Mail - Tue, 02/21/2017 - 22:01
Just 8 per cent of the 2,800 investment funds in the UK have a woman at the helm - and trailblazers Jo Rands, 39, left, and Alexandra Jackson, 32, right, are thought to be the only all-woman double act.

ASK TONY: A friend asked me to hand out £45k in his will

Daily Mail - Tue, 02/21/2017 - 22:01
I was executor for a friend who died. Once the legalities were completed and the property sold, there was £90,000 to be shared equally between his son and daughter, as per his will.

Families trapped in homes they want to sell - by the banks

Daily Mail - Tue, 02/21/2017 - 22:01
Joan Harwood took out a shared appreciation mortgage with her husband Norman in 1997 after their engineering equipment and printing firm went out of business.

Parade of shops facing business rate hikes of up to 3000%

Daily Mail - Tue, 02/21/2017 - 22:01
In total, 17 of the 30 shops in the Market Place square in the Hertfordshire town of Hatfield face paying £50,000 more in rates this year and £400,000 more over the next five years.

M&S gets tough on credit notes

Daily Mail - Tue, 02/21/2017 - 22:01
Shoppers who return unwanted goods with a gift receipt are issued with two pieces of paper for store credit, rather than a plastic gift card.
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