Joaquin Niemann says his major exile is fuelling a purple patch after beginning the LIV Golf season with a play-off victory in Mayakoba, Mexico. Niemann overcame Sergio Garcia at the …
Personal Finance
Farfetch hit with winding up petition as creditors attack rescue deal struck with chief Jose Neves
Farfetch has been hit with a winding up petition amid claims its founder Jose Neves destroyed the value of the embattled retailer in the lead-up to its near £400m rescue …
More than £1tn languishing in low-interest savings accounts as Brits urged to shop around
More than £1tn of savings is languishing in low-interest accounts Bank of England data has shown as Britons are urged to shop around for the best deals. The central bank’s …
Kylie Jenner Instagram post help drive sales at Kurt Geiger as fans buy ‘affordable’ £270 bag
British designer Kurt Geiger thanked reality star Kylie Jenner and a host of other celebrities for helping December sales reach the highest month on record. The handbag and shoe maker, …
FTSE 100 live: CMC job cuts, Vodafone results and Iran sanctions row
London’s FTSE 100 rose on Monday, on the back of trading platform CMC Markets announcing cost-cutting plans, while Lloyds fell after it reportedly helped Iran-backed oil firms evade UK sanctions. …
British Business Bank working on plan to launch new £600m fund for UK startups
The British Business Bank is working to launch a new fund that could invest as much as £600m worth of pension savings into UK growth companies. As first reported by …
CBI settles legal action brought by ousted director Tony Danker
The Confederation of British Industry (CBI) has settled a legal case brought by its former director-general, Tony Danker, after he was dismissed last year following complaints about workplace misconduct. Danker …
Law firm Dechert set to pay £3m to settle English fraud and conspiracy claim
US law firm Dechert is set to pay more than £3m to a US aviation entrepreneur as settlement of a fraud and conspiracy lawsuit in London. Farhad Azima had a …
UK services activity rises at fastest pace in eight months
The UK’s services sector saw a “solid increase” in business activity last month, as well as an uptick in job creation, according to a closely watched survey. The services purchasing …
Interest rates should remain high for ‘some time to come’, OECD warns
Central banks should not cut interest rates too early or risk inflation staying above the two per cent target for an extended period of time, the OECD warned today. In …