Daily Mail Business Articles

The group, which runs Vanquis Bank and Moneyfarm, said the loss was better than it had been expecting given the potential impact of Covid-19 on its business.

The FTSE 250 company, which provides products and services to the marine, oil and gas industry worldwide, will pay investors 8p a share for the first half of the year.

A substantial bid by a listed British company
happens so rarely that it is
a matter for celebration.
The £3.8billion Aveva acquisition of industrial software group
Osisoft fits the bill.

The firm, which makes computer programmes used to design oil rigs, ships and nuclear power stations, is buying data company Osisoft.

London-listed Melody VR, which specialises in virtual reality experiences of live music events, is taking over US group Rhapsody International, known as Napster.

The loss-making lender blamed the economic uncertainty caused by the coronavirus, as it said the job cuts would affect branch staff, middle managers and head office workers.

The historic site near Bideford in Devon has been bought by Infrastrata, the company that owns the Harland & Wolff yard in Belfast where the Titanic was built.

The firm’s mammoth pension scheme deficit, estimated to be about £9billion, is seen as a key risk for anyone mounting a takeover. This is because a buyer could be forced to plug the vast hole.

LCF, which sold investors mini-bonds and promised their money would be invested in low-risk loans to small companies, collapsed last year owing 12,000 savers £237m.

Teachers Lidia Szmid, 30, and partner Adam Burton, 32, went to battle with UK General Insurance after their wedding venue in Chichester had to close in April.