Shares in controversial lender dipped further today, falling by another 40 per cent, after it put itself up for sale and announced a strategic review. The firm, which targets borrowers with a poor credit history, said its owner Richmond Group is looking to offload its 60.6 per cent stake ‘with a view to maximising value for its shareholders’.
Turkish conglomerate Cengiz has confirmed it is ready to swoop on British Steel as rescue talks with Chinese group Jingye have stalled.
Airlines and miners hit hardest by coronavirus fears – British Airways owner and were the biggest fallers on the Footsie on Monday afternoon, with shares down more than 5 per cent.
’s Openreach is planning to make ultrafast broadband available to 250,000 homes and businesses in more than 200 market towns and villages across the UK.
’s British Gas has unveiled a new green tariff which it claims is ‘one of the greenest in the market’. It introduced its Green Future Plus July 2022 fixed tariff for dual fuel last week with each customer that takes it out supporting the growth of trees in Britain, according to the firm.
shares have fallen by almost 10 per cent after the company saw first-half revenues slide by 6 per cent. The Africa-focused company was hit by lower prices as the diamond industry continues to tackle weak demand from China amid trade tensions with the US and political unrest in Hong Kong.
P&O Ferries is to launch a new fleet of £220million cross-Channel ‘super ferries’. The first of the new vessels will set sail in 2023 and cut fuel use by 40 per cent.
Former British finance minister Philip Hammond has joined the advisory board of fin-tech company OakNorth, a UK bank for small and medium sized companies that provides business and property loans.
Supermarket chain Planet Organic has announced it will double the number of stores it has in the next few years. The health food company says the increasing popularity of ethical and sustainable products has helped it to overcome problems affecting the high street.
