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Wednesday, March 20, 2019
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MARKET REPORT: Construction and maintenance giant Kier Group swings to £35m loss 20 Mar 5:54pm MARKET REPORT: Construction and maintenance giant Kier Group swings to £35m loss
After seeing Interserve hog the spotlight for most of this month, it was Kier Group’s turn to return centre-stage yesterday as it revealed it had swung to a loss for the first half of the year.
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Currencies in USD
GBP 1,29 -0,622%
EUR 1,11 -0,809%
CHF 0,98 -0,409%
ALEX BRUMMER: Inmarsat bid sends the wrong signal 20 Mar 5:51pm ALEX BRUMMER: Inmarsat bid sends the wrong signal
Running a public company can be harsh. Investors are impatient especially with tech firms where earnings can be bumpy. But hiding behind private equity ownership is rarely the best answer.
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Backlash at foreign swoop on £2.5bn satellite pioneer: Takeover talks send Inmarsat shares soaring  20 Mar 5:51pm Backlash at foreign swoop on £2.5bn satellite pioneer: Takeover talks send Inmarsat shares soaring 
The FTSE 250 company revealed it is in talks with a consortium of investors, including US-based Warburg Pincus, London-based Apax and two Canadian pension funds.
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Luxury fashion house Hermes enjoys soaring profits as wealthy customers continue to splash out 20 Mar 5:50pm Luxury fashion house Hermes enjoys soaring profits as wealthy customers continue to splash out
The French firm posted a 15 per cent jump in profits to £1.2bn last year as sales climbed 7.5 per cent to £5.1bn. Hermes tableware, jewellery and bathing products performed particularly well.
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B&Q boss stands down as losses mount: Veronique Laury agrees to quit after five years as chief exec 20 Mar 5:50pm B&Q boss stands down as losses mount: Veronique Laury agrees to quit after five years as chief exec
Laury’s departure will take the number of women in charge of companies in the FTSE 100 to just five. She will stay in the role until Kingfisher has found a replacement.
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Ex-Superdry boss Julian Dunkerton fights for his return after investors are told to vote against it 20 Mar 5:50pm Ex-Superdry boss Julian Dunkerton fights for his return after investors are told to vote against it
Dunkerton, 54, said he was 'disappointed' by the recommendation of a shareholder advisory group to block his reappointment to the board but vowed to push ahead.
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FTSE LIVE: Tusk throws spanner in the Brexit extension works 20 Mar 2:08pm Updated FTSE LIVE: Tusk throws spanner in the Brexit extension works
The FTSE 100 closed down 32.99 points at 7291.01 and the pound was at $1.32 against the dollar. Theresa May has asked the EU to delay Brexit until June 30.
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FTSE LIVE: Kingfisher boss departs; Sterling and UK stocks in the red 20 Mar 12:33pm Updated FTSE LIVE: Kingfisher boss departs; Sterling and UK stocks in the red
The clock is ticking and it appears Theresa May has a different view to senior EU figures on how long the delay to the Brexit date should be.
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The best broadband providers for haggling over a better deal 20 Mar 11:25am Updated The best broadband providers for haggling over a better deal
By comparison, Virgin Media were found to be the company which has the least satisfied customers with only 32 per cent saying they were happy with the response from the firm.
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Property prices fall £4,000 in three months, ONS data shows 20 Mar 9:04am Property prices fall £4,000 in three months, ONS data shows
Average home values have dropped from £232,116 in September 2018 to £228,147 in January 2019, data from the Office for National Statistics show.
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Written off cars are being sold with no record of a crash history 20 Mar 8:24am Updated Written off cars are being sold with no record of a crash history
An investigation by Auto Express found 10 cars that had previously suffered substantial damage - enough to be written off by insurers - being sold almost a year later with a clean bill of health.
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National Audit Office says loyal customers are ripped off on bills 20 Mar 7:12am National Audit Office says loyal customers are ripped off on bills
National Audit Office warns that loyal customers pay more than new customers for on household bills. Their report questions the effectiveness of utility and finance regulators.
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How to use an Isa to save tax-free as they celebrate their 20th birthday 20 Mar 6:51am Updated How to use an Isa to save tax-free as they celebrate their 20th birthday
Individual Savings Accounts - or Isas - have been handing out tax-free rewards for two decades. They now help us to invest, buy homes and save for our retirement and our children's futures.
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How to invest £20,000 in an Isa: Experts top fund choices 20 Mar 6:41am Updated How to invest £20,000 in an Isa: Experts top fund choices
Isas are an investment for all seasons, so how can different investors fill up their tax-free pot. We asked advisers for their choices.
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How tax-free savings made this 62-year-old a millionaire 20 Mar 6:41am Updated How tax-free savings made this 62-year-old a millionaire
By using his tax-free savings allowance every year for the past 20, David Charles from Berkshire has amassed a fortune of £1.1 million.
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B&Q and Screwfix owner Kingfisher starts search for new boss as profits tumble 20 Mar 5:56am Updated B&Q and Screwfix owner Kingfisher starts search for new boss as profits tumble
The FTSE-listed firm said it had begun succession planning for chief executive Veronique Laury who took up the job in 2014, but has not yet set a date for her departure.
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The keyless car crime loophole: If thieves use electronic trickery, insurers may refuse to pay out 20 Mar 5:32am Updated The keyless car crime loophole: If thieves use electronic trickery, insurers may refuse to pay out
Items stolen from cars when electronic locking systems are hacked are not always covered by insurers, because many policies insist customers must prove that 'force and violence' was used.
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UK families are sitting on a forgotten fortune of old £5 and £10 notes, Bank of England reveals 20 Mar 5:24am Updated UK families are sitting on a forgotten fortune of old £5 and £10 notes, Bank of England reveals
According to the Bank of England, there are still £600m worth of paper £5 notes and more than £1 billion worth of £10 notes unaccounted for. You can exchange old notes in person at the Bank.
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ASK TONY: How a trip to the vet left me sick with worry about the £2,200 bill 20 Mar 5:13am Updated ASK TONY: How a trip to the vet left me sick with worry about the £2,200 bill
When my little dog, a Cavachon, had an operation on her leg, insurer Animal Friends refused to pay for it as it claimed she had not been in an accident. This cost me more than £1,000.
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