Daily Mail Articles

Ahead of the September 1st start date M&S has dropped prices to undercut its upmarket rival on thousands of everyday items such as honey roast ham, tinned tomatoes and organic cucumbers.

The company said sales were turbocharged by the ‘shift towards greater in-home consumption’ during the lockdown, as families avoided going out and stocked up on meat at the supermarket.

Shay Segev, who took over at the owner of Ladbrokes Coral from Kenny Alexander last month, has bought close to 1.5m shares for £3.17 thanks to an incentive plan put in place in 2016.

Taxpayer-backed Natwest operates in the UK under both the Natwest and Royal Bank of Scotland brands. But personal banking customers have ranked both among the poorest for service.

The reputation of Britain’s high street banks never recovered fully from the 2008-09 financial crisis and is not helped by the savage cuts in savings rates during the current pandemic.

BR Shetty stepped down from his role at Finablr with immediate effect yesterday, with no explanation given for his departure in a one-sentence statement to the stock market.

Households have become gloomier about their finances this month and are ‘highly pessimistic’ about their prospects over the next year, according to information provider IHS Markit.

Revenues fell by 13.9 per cent to £22.4million in the first six months of the year, with the most significant effect happening in the second quarter.

Research found that SME owners that had to shut their business due to lockdown restrictions are now spending, on average, £21,830 to fully reopen.

The two gurus of the financial world are towering figures with the aura of visionaries. In the coronavirus pandemic, their wisdom is sought more avidly than ever.