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Monday, May 20, 2019
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Thomas Cook feels the heat as shares fall ANOTHER 13% 20 May 5:19pm Thomas Cook feels the heat as shares fall ANOTHER 13%
The travel operator spent much of Monday reassuring customers on social media that they will still be able to go on their holidays.
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Ailing investment manager Neil Woodford is dealt a fresh blow as his business is downgraded 20 May 5:09pm Ailing investment manager Neil Woodford is dealt a fresh blow as his business is downgraded
The 59-year-old’s flagship Equity Income fund has had its rating cut by Morningstar from ‘bronze’ to ‘neutral’ – the second-lowest level, above only ‘negative’.
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Fund manager Schroders digs heels in over bid for doorstep lender Provident Financial 20 May 5:07pm Fund manager Schroders digs heels in over bid for doorstep lender Provident Financial
Fund manager Schroders doubled down on a previous pledge not to support a bid by rival Non-Standard Finance to buy the doorstep lender.
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MARKET REPORT: Stock at Theme park operator Merlin Entertainments tumbles by 6.7% 20 May 4:39pm MARKET REPORT: Stock at Theme park operator Merlin Entertainments tumbles by 6.7%
Merlin Entertainments was hoping the announcement of its first Madame Tussauds franchise would cheer investors. But instead, a double downgrade from analysts rained on its parade.
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Investors to urge BP in its fight against climate change at AGM following pressure from activists 20 May 4:37pm Investors to urge BP in its fight against climate change at AGM following pressure from activists
Greenpeace activists yesterday blocked the entrances to BP’s head office in central London, urging the firm to end oil and gas exploration.
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Materials maker Low & Bonar forces out its boss as the U.S.-China trade war bites 20 May 4:31pm Materials maker Low & Bonar forces out its boss as the U.S.-China trade war bites
As shares plunged more than 23 per cent, the London-listed materials maker said Philip de Klerk will step down at the beginning of July, with chairman Daniel Dayan taking charge for now.
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Government bid to put workers on company boards in tatters as big firms make mockery of idea 20 May 11:47am Updated Government bid to put workers on company boards in tatters as big firms make mockery of idea
Our survey of the 100 biggest listed companies found none had appointed a worker to its board of directors since the reforms came into force on January 1.
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Thomas Cook shares slip again as struggling travel firm tells customers your holiday is safe 20 May 11:42am Updated Thomas Cook shares slip again as struggling travel firm tells customers your holiday is safe
Britain's biggest independent tour operator has suffered a dire few days that saw its share price fall 40 per cent after posting a £1.5 billion half-year loss.
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How to choose a mortgage broker: what matters when choosing your adviser  20 May 11:31am Updated How to choose a mortgage broker: what matters when choosing your adviser 
Applying for a mortgage is not the most straightforward of tasks, which is perhaps partly why a whopping 97 per cent of us used the services of a mortgage broker last year.
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Ryanair profits plunge as the budget airline hits some turbulence 20 May 11:04am Updated Ryanair profits plunge as the budget airline hits some turbulence
Investors and traders did not react well , with shares trading €0.53 down at €10.28 shortly before the close, a fall of 4.9 per cent.
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Jaguar Land Rover posts £3.6BILLION annual loss 20 May 10:42am Updated Jaguar Land Rover posts £3.6BILLION annual loss
Britain's largest carmaker - owned by Indian firm Tata - slumped from a £400million profit in the previous financial year as it was hit by the economic slowdown in China.
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Record number of 660k customers switch energy supplier in April - after price cap came into force 20 May 8:51am Record number of 660k customers switch energy supplier in April - after price cap came into force
The numbers changing their supplier in April were up 34 per cent since April 2018 and the highest number ever recorded, according to data from Energy UK, a trade body.
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Lloyds Banking Group hiring 500 software engineering staff for new Edinburgh tech hub 20 May 6:48am Lloyds Banking Group hiring 500 software engineering staff for new Edinburgh tech hub
The banking giant is hiring 500 new software engineering staff in the Scottish capital, with recruitment taking place over the next 18 months.
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Investec UK Special Situations invests in companies doing badly in hope they will turn around 20 May 5:47am Updated Investec UK Special Situations invests in companies doing badly in hope they will turn around
It's an investment strategy, overseen by Alasdair Mundy, that can take a while to generate results. Over the past five years, the fund's performance has failed to match the FTSE All Share Index.
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MIDAS SHARE TIPS: Jeff Prestridge loathes Lloyds television adverts - but loves the shares 20 May 5:45am Updated MIDAS SHARE TIPS: Jeff Prestridge loathes Lloyds television adverts - but loves the shares
At 60p and with the prospect of more dividend growth in the pipeline (provided the economy does not nosedive), the shares represent good value for money.
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House prices in Wales and the North West of England defy Brexit to reach all-time high 20 May 5:21am Updated House prices in Wales and the North West of England defy Brexit to reach all-time high
In Wales, the average asking price of newly-listed homes breached the £200,000 mark for the first time on record last month, rising by 2.1 per cent, Rightmove's latest figures show.
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Grandparents providing childcare are urged to claim state pension credits 20 May 4:35am Updated Grandparents providing childcare are urged to claim state pension credits
Hundreds of thousands of grandparents and other family members could be missing out on valuable credits towards the state pension worth around £250 a year in old age, new research reveals.
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Quiz to guess the price of these log cabins 20 May 3:54am Updated Quiz to guess the price of these log cabins
How many of the half a dozen log cabins in our quiz can you get right, with values ranging from £25,000 to an impressive £1million.
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M&S speeds up its plan to shut 100 stores with an 11% fall in pre-tax profits forecast 20 May 3:34am Updated M&S speeds up its plan to shut 100 stores with an 11% fall in pre-tax profits forecast
Since the end of March, M&S has closed 14 shops, bringing the total over two years to 63. The shift in gear emerged ahead of its annual results later this week.
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Do you still get the state pension if you go into a care home? 20 May 2:55am Do you still get the state pension if you go into a care home?
This is Money pensions columnist Steve Webb explains the rules, which depend on whether you pay fees yourself or if your place in a home is publicly funded.
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