Ocado bets on boom in online grocery sales with £1billion investment plan
OCADO is betting on the boom in online groceries continuing, as it looks to raise more than £1billion from investors. Seeking the “financial flexibility” to expand, the grocery chain will raise cash through a combination of debt and newly issued shares. Daily Express :: City and Business Feed More...
EU cash crisis: Bloc warned it has just ONE MONTH to find solution or face ‘problem’
FRANCE has ordered the European Union to reach a deal on a proposed £672billion economic recovery plan to cope with the impact of the coronavirus crisis by July. Daily Express :: City and Business Feed More...
US lashes out at ‘corporate kowtows’ cosying up to ‘bully’ China and singles out HSBC
BRITISH bank HSBC has been accused of “kowtowing” to China by supporting its plans for Hong Kong as the row over the territory’s sovereignty intensified. Daily Express :: City and Business Feed More...
UK house prices plunge to 10-year low – but new hope for housing market
UK HOUSE PRICES hit a 10-year low in May, according to a survey published today, but there are signs that life may be returning to the market. Daily Express :: City and Business Feed More...
Tesla ‘world’s most valuable car’ as Elon Musk car company’s share prices soar
ELON MUSK’S electric vehicle brand Tesla has been named the world’s most valuable car manufacturer amid a soar in share prices. Daily Express :: City and Business Feed More...
Social enterprises and disadvantaged communities fear hammer blow if tax relief ends
Hard-up communities suffering from the impact of Covid-19 could be dealt another hammer blow if a vital scheme that encourages investment is withdrawn. Social enterprises and social investors are urging the Government More...
Joy as data charges removed for websites supporting victims of crime
Access to websites supporting some of the most vulnerable victims of crime will be free of charge during the coronavirus pandemic. Following a new deal brokered by the Government, the UK’s major telecoms More...
FTSE 100 LIVE: Steve Mnuchin considering more direct payments in next aid bill
THE UNITED STATES Treasury Secretary said on Wednesday he would seriously consider more direct payments in the next phase of coronavirus rescue legislation. Daily Express :: City and Business Feed More...
Why did the Dow Jones rally on the same day it was revealed the US had entered recession?
ON MONDAY, the National Bureau of Economic Research revealed economic growth in the US peaked in February, before the country entered its first recession in over a decade. Daily Express :: City and Business Feed More...
Airline and travel industry faces 70,000 job losses due to coronavirus groundings
THE AVIATION industry and its supply chains face job losses on par with those in the coal mining industry in the 1980s, warns a new report. Daily Express :: City and Business Feed More...
