Page 26 - Alex Brummer News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Last modified on Wed 21 Apr 2021 15.12 EDT He was a bete noire for remainers even before being accused of hypocrisy for relocating his business from Wiltshire to Singapore. Now Sir James Dyson, one of Britain’s biggest industrialists and Brexit cheerleaders, has been dragged into what the Labour party is calling “new Tory sleaze” after texts between him and Boris Johnson about tax and the provision of ventilators were made public. The episode led to a bruising prime minister’s questions for Johnson. But for Dyson, 73, who made his early fortune keeping the nation’s carpets clean, it...

By Edward Devlin2021-04-08T07:46:00+01:00 Deliveroo’s shares perked up on their first open day of trading, although the improvement was clouded by a strike by hundreds of its delivery riders (The Times £). More than 200 Deliveroo couriers joined a demonstration in London, riding their bicycles and mopeds from the Deliveroo HQ in central London, according to the strike’s organisers, the Independent Workers’ Union of Great Britain (The Guardian). Deliveroo drivers reveal the human cost of Will Shu’s ambition to become Britain’s food delivery king (The Telegraph). Deliveroo shares s...

Neil Woodford has some nerve. In a tearful interview at the weekend, the disgraced fund manager responsible for torpedoing thousands of savers' retirement plans revealed he is plotting a comeback. It has not even been two years since the fallen star stock-picker's empire imploded, leaving his followers roughly half a billion pounds out of pocket. The City watchdog has not finished investigating the scandal, there are impending court cases and ordinary savers are still waiting to get their hands on around £200 million yet to be freed from the frozen equity income fund. Fallen star: It has not...

Those who doubt the resilience of the City outside the EU have received a sharp reminder that there is life in the old dog yet. The EU has waved through the LSE merger with Refinitiv.

The pandemic is throwing up the unexpected when it comes to the economy. Ben Broadbent notes that 2020 may be the weakest year on record for UK output but unexpectedly ‘retail spending growth is the strongest.’  The Bank of England’s deputy governor also makes the point that we should not get too fussed about the idea of ‘double-dip recession’ when we see the data for the current first quarter of 2021 because everything about the behaviour of the economy is ‘highly unusual’.  Charts showing strong retail spending run contrary to the narrative of last year.  Fashion and homewa...