Business (UK) As Bitcoin's price soars, should it now be taken seriously or is it a new bubble?standard.co.uk - Mark Shapland Markets have taken a nosedive lately as President Trump ramped up his trade war with China but one asset class making hay is bitcoin. The digital …
Business (UK) British Steel supplier warns of ‘irrecoverable’ hit from collapsestandard.co.uk - Michael Bow A major subcontractor to British Steel, Hargreaves Services, on Wednesday warned the collapse of the Scunthorpe-based steelmaker may hammer its …
Business (UK) Big six supplier SSE speeds up home energy spin-off plansstandard.co.uk - Michael Bow One of Britain’s big six energy suppliers, SSE, stepped up plans to exit the UK retail market on Wednesday as it lost another 550,000 customers. The …
Business (UK) Royal Mail puts dividend cut in post for shareholdersstandard.co.uk - by RUSSELL LYNCH Royal Mail is slashing its dividend by 40% next year, the latest blow to its army of small shareholders and staff who own 10% of the company. But that …
McLaren Woking based McLaren races ahead of rivals as its road car sales surgestandard.co.uk - JIM ARMITAGE McLaren saw strong demand for its road cars in the first three months of the year despite the crisis facing the rest of the car industry. After eight …
Business (UK) Jim Armitage: Turnaround still a tough ask, even for Archie’s top teamstandard.co.uk - JIM ARMITAGE The City has lost count of M&S turnarounds: the Luc Vandevelde European retreat, the Stuart Rose store investment plan, the Marc Bolland food …
Pret a Manger Pret a Manger buys Eat as it attempts to break the vegetarian and vegan trendstandard.co.uk - Mark Shapland Pret a Manger today confirmed its purchase of smaller rival Eat as it attempts to sell more food to vegetarians and vegans. Pret has snapped up Eat’s …
Waitrose Marks & Spencer taps backers for Ocado tie as Waitrose lurksstandard.co.uk - Laura Onita Troubled Marks & Spencer on Wednesday tapped investors for £600 million by issuing shares at a massive discount to fund its tie-up with Ocado. M&S is …
FlipboardIcon version of the Flipboard logoWaitrose Marks & Spencer taps backers for Ocado tie-up as Waitrose lurksstandard.co.uk - Laura Onita Troubled Marks & Spencer on Wednesday tapped investors for £600 million by issuing shares at a massive discount to fund its tie-up with Ocado. M&S is …
Brexit Party Pound at fresh four-month lows as Brexit rumbles ahead of European electionsstandard.co.uk - Mark Shapland The pound was rooted at four-month lows today after MPs took aim at Prime Minsiter Theresa May's latest attempt to push through her Brexit plans, …
Jeremy Corbyn Severn Trent warns Labour off as fears mount about Jeremy Corbyn's renationalisation plansstandard.co.uk - Laura Onita UTILITY Severn Trent today warned again over the impact of Labour’s plans to renationalise the industry as it posted a jump in profits. Pre-tax …
Business (UK) Chelsea Flower Show 2019: No darling buds for Theresa May from business titansstandard.co.uk - City Spy Chelsea Flower Show’s gala night always brings out the corporate powerbrokers but in these febrile political times more than the usual number of Tory …
OECD Trade wars put global growth at risk of hitting 30-year low, warns OECDstandard.co.uk - Simon English One of the world’s foremost economic forecasters today predicted that global trade wars risk sending growth to the lowest level in 30 years. Laurence …
Bond Markets Bondholders in LCF want wider watchdog probestandard.co.uk - JIM ARMITAGE Bondholders in collapsed investment firm London Capital & Finance are calling for the investigation into the City watchdog’s actions in the scandal …
Business (UK) New man Ozgur Tohumcu takes the wheel at driverless car developerstandard.co.uk - Mark Shapland Driverless car developer Oxbotica, which is up for a Evening Standard Business Award, has hired a new chief executive. The recruitment is part of a …
Capitalism Hamish McRae: Don't listen to Alexandria Ocasio-Cortez, it's time to reform capitalism not wreck itstandard.co.uk - Hamish McRae It is a strange juxtaposition. Politics are in meltdown and we’ll get a taste of that on Thursday with the European elections. Yet the economy, for …
Huawei Google and Huawei: Donald Trump’s boycott sparks global stampede to freeze out Chinese firmstandard.co.uk - Michael Bow President Donald Trump’s dramatic intervention to blacklist Huawei reverberated around the world on Monday as Google and a host of chipmakers cut …
Business (UK) Evening Standard Business Awards 2019: Media Company of the Year nominationsstandard.co.uk - Angela Jameson It’s been a turbulent year in the media world. Giants Sky and 21st Century Fox have fallen to multi-billion dollar take-overs, while on the small …
Business (UK) Pension buyout boss Tracy Blackwell with a warning over dangers of new rivalsstandard.co.uk - Michael Bow Mention Sir Philip Green to Tracy Blackwell and she shakes her head with a knowing smile. “I’m not getting into that one,” says the chief executive of …
EasyJet Jim Armitage: It won’t be easy for ailing easyJet but recovery’s in the airstandard.co.uk - JIM ARMITAGE Scrunched up in a plastic Ryanair seat 10 yards away from your partner, with your children scattered far around the plane, you tend to remember why …
Deliveroo Shock as Amazon buys into UK takeaways with Deliveroo stakestandard.co.uk - Laura Onita Tech giant Amazon on Friday stunned the UK food world as it made a major investment in Deliveroo, valuing the home delivery group at £3 …
Bank of England Bank of England gives Metro its blessing after £375 million cash callstandard.co.uk - Simon English The Bank of England today took the highly unusual step of issuing a message of support to Metro Bank, hours after it secured a £375 million funding …
Jeremy Corbyn Jeremy Corbyn’s renationalisation plans spook traders and put utility companies in a spinstandard.co.uk - Mark Shapland ENERGY and utility firms were sold off today as a fearful City awaited Labour leader Jeremy Corbyn’s renationalisation plans for swathes of UK …
Business (UK) Investec shuts robot savings adviser after losses mountstandard.co.uk - Michael Bow The rise of the robots hit a glitch on Thursday after wealth adviser Investec killed off its “robo-advice” service due to sluggish demand. Click & …
Business (UK) Serious Fraud Office freezes £12 million of property in LCF probestandard.co.uk - JIM ARMITAGE The Serious Fraud Office has frozen more than £12 million worth of property belonging to people linked to the collapse of London Capital & …
Vodafone Anthony Hilton: Vodafone investors paying the price for years of driftstandard.co.uk - Anthony Hilton Vodafone used to be one of our great companies, one of the global leaders, present in most of the world’s major markets. Its sponsorship of sporting …
Business (UK) Landlord Grainger boosted as Brits in their forties head to rental homesstandard.co.uk - Joanna Bourke A rising number of Brits in their thirties and forties priced out of the housing market are embracing renting, the boss of property firm Grainger …
Thomas Cook Jim Armitage: Early bird Thomas Cook shows Metro Bank how to do itstandard.co.uk - JIM ARMITAGE Thomas Cook is a holiday nightmare whichever way you look at it. Profit warnings, debt disasters, bookings bashed by Brexit. It’s getting harder to …
Burberry Burberry looks to Riccardo Tisci designs to boost lacklustre salesstandard.co.uk - Joanna Bourke Burberry on Thursday outlined plans to raise cost-savings targets and roll out more of star designer Riccardo Tisci’s collections, as the fashion …
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