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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 day's 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 assumes he means in the good sense. Yet to the objective observer, it’s not that obvious precise...

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 that jars somewhat with its claim to be “helping people, families and businesses to thrive”. Yes,...

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 day's 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 attempting to justify the grocer’s refusal to hand back its slice of the Government’s business rates...

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 it's 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 day's 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 could have failed to notice. Now? “The landscape for food retailing is changing, for good,” ...