Which? calculated that phone companies make around £182million a year from UK customers continuing to pay for a handset they already own.
Daily Mail Articles
Ocado poaches Rolls-Royce executive
Duncan Tatton-Brown has stepped down due to ‘family circumstances’. In a further setback for Rolls as it reels from a record half-year loss of £5.4billion, he will be replaced by Stephen Daintith.
The Hut Group unveils plans for £4.5bn float
In what will easily be London’s biggest listing of the year, the online shopping company hopes to raise £920m by issuing new shares when it joins the stock market in mid-September.
ALEX BRUMMER: British aerospace on the brink
Opening an air corridor
between London and New
York, together with testing and tracing at the UK’s airports, is a necessity if Britain is to thrive again.
MARKET REPORT: Investors back British pharma to beat Covid
Updates from medical and biotech groups proved they are at the forefront of the fight. Astrazeneca announced it had signed a contract to supply at least 300m doses of a potential Covid-19 vaccine.
Rolls-Royce to sell £2bn of assets after posting £5.4bn loss
The engineer has been hammered by the pandemic, which has triggered a collapse in global air travel and starved it of income it usually makes from servicing plane engines.
Sales at Tiffany higher than they were a year ago
The retailer, known for its distinctive turquoise branding and diamond engagement rings, said takings so far this month are above where they were in August last year.
Fed rips up inflation rules to boost economy
After decades of targeting an inflation rate of 2 per cent, the Federal Reserve said it would now tolerate a higher rate as it warned of the ‘serious risks’ which low inflation posed.
Translation specialist RWS in £2.8bn merger talks
RWS, one of the biggest companies on London’s junior stock market AIM, is buying rival SDL for £854m. The deal will be a significant win for the UK’s tech sector.
WPP dividend returns despite £2.6bn loss
In the first six months of this year, WPP racked up losses of £2.6billion, having made a profit of £409m in the same period last year. Revenues fell from £6.4billion to £5.6billion.










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