Daily Mail Business Articles

The company said it would issue up to 19.99 per cent of its existing equity in a shares placing, which began after markets closed. Shares rose 0.6 per cent, or 0.85p, to 138.9p yesterday.

Ashtead, which rents out everything from generators and portable cabins to tools and cranes, suffered in the initial downturn in March and April, with profits almost halving in the final quarter.

Lord Bilimoria of Chelsea replaces John Allan at the top of the business lobby group at a time when the Black Lives Matter protests have thrust race relations back into the spotlight.

Joules will report a loss before tax of between £2m and £3m for the year to the end of May, having made a £12.8m profit in the previous 12 months. Revenues were down 12 per cent to £191m.

Stephen Jones, chief exec of UK Finance, quit after a court heard he made ‘deeply unpleasant’ comments about the top female financier who is now embroiled in a £1.6bn case against Barclays.

We ask whether inflation or deflation is the greater risk in the coming months and years and whether gold is a sensible option for investors looking to diversify.

The builders’ merchant, which also owns Toolstation and Wickes, said the decision comes as it expects the recession to hit the trade for at least two years.

The shopping centre group said David Tyler would be replaced by Robert Noel. The announcement came less than a month after Hammerson said chief executive David Atkins is leaving.

Bernard Looney says the coronavirus pandemic has accelerated and amplified the shift to a greener
economy, and oil prices will stay below historic levels. So the company must adapt to survive.

Analysis by Moneyfacts has found that the average rate on an easy access savings account has almost halved from 0.59 per cent in January to 0.27 per cent this month.