Page 5 - City Intelligence News Today

Billionaire’s repair job will struggle to fix Aston Martin’s problems Lawrence Stroll insists 2020 was transformative, but huge losses prove the luxury car brand is stuck in reverse 25 February 2021 • 4:39pm This article is from The Telegraph’s  City Intelligence newsletter. Sign up here for incisive analysis of the days biggest corporate story from our chief City commentator Ben Marlow. When Lawrence Stroll says “2020 really has been a transformative year for Aston Martin”, one...

NatWest’s Ireland exit fails to address the elephant in the room of state ownership It’s hard to see how jettisoning its operation in the Irish Republic will help the taxpayer-controlled bank boost its share price 19 February 2021 • 2:00pm NatWest customers are used to the bank closing branches. Since 2015 its network has halved in size with more than 1,000 branches under either the NatWest or RBS brand shutting their doors permanently – equivalent to one every two day. It is a policy t...

Iceland’s excuses on business rates relief do not stack up Boss Richard Walker says supermarket cannot afford to return the tax break after using it to buy out biggest shareholder This article is from The Telegraph’s City Intelligence newsletter. Sign up here for incisive analysis of the days biggest corporate story from our chief City commentator Ben Marlow. Presumably this is what passes for “doing it right” at Iceland: a self-absorbed blog from managing director Richard Walker attem...

Boss Ben van Beurden is right to say “the energy transition must be faster” – it’s just not clear what Shell really proposes to do about it

Sales are soaring, but Ocado is still yet to deliver The food delivery retailer is a lockdown winner, but for all its share price success its failing to hit a key business metric This article is from The Telegraph’s  City Intelligence newsletter. Sign up here for incisive analysis of the days biggest corporate story from our chief City commentator Ben Marlow. Ocado’s Tim Steiner loves change. Six months ago he was telling everyone: “The world as we know it has changed”, as if anyone...

Critics say chopping down more forests for fuel is modern energy policy gone mad, but investors are welcoming the company's reinvention

Changing of the high street guard poses fresh questions for our town centres Asos is in talks to buy Topshop, and Boohoo has snapped up Debenhams’ website. But few of the 23,000 jobs at risk will be saved This article is from The Telegraph’s  City Intelligence newsletter. Sign up here for incisive analysis of the days biggest corporate story from our chief City commentator Ben Marlow. Who knew Sir Philip Green, a famously angry man, did irony? Yet, here he is with his own version of Aso...

Pub chain taps investors to the tune of almost £100m as founder looks to double down on expansion in difficult times

The service is a vital link to the continent but it’s owned by the French state and pension funds, so why should the UK bail it out?

The latest growth figures look grim but are nowhere near as severe as in the spring, underlining the economy’s growing resilience