August 11, 2022

The owner of Ladbrokes will pay out £100million to investors this year despite worries about a rise in problem gambling amid the cost-of-living squeeze.Entain, which also owns Coral and Foxy Bingo, unveiled the mammoth sum after reporting…

As a bulwark against the power of government, Bank of England independence is to be cherished.Currently, it is under threat on two fronts. Governor Andrew Bailey is seen as having done a poor job of holding back the menace of inflation.He…

GSK shares sank like a stone amid growing concerns over a possible lawsuit relating to a heartburn and stomach ulcer treatment called Zantac.The stock tumbled 10.1 per cent, or 156.6p, to 1400p following reports of a court case in the US…

HSBC's largest shareholder has escalated its campaign to spin off the bank's Asia business as the stand-off between the two looks set to turn ugly.Ping An hit back at chairman Mark Tucker and chief executive Noel Quinn's arguments against…

The pound is set to fall to its lowest level against the dollar since the pandemic crash and could slip below $1.20 soon, a currency expert warned.Olivier Korber, strategist at French bank Societe Generale, said sterling is ‘struggling’…

Disney has become the world’s biggest subscription TV streaming company after it overtook Netflix on the total number of subscribers.Results from the US media giant revealed that it now has 221m total subscriptions across its three…

The Groucho Club, the private members' club famed for its bohemian clientele drawn from London's art and film scene, has changed hands in a deal worth £40million.A favourite of the 'Cool Britannia' set – including Noel Gallagher, Tracey…

Tone-deaf MPs who claim their energy bills on expenses have been slammed for doing nothing to help ordinary folk cope with the cost of living crisis.More than 400 MPs, including Tory leadership frontrunner Liz Truss, have claimed expenses…

Ryan Giggs told ex-girlfriend Kate Greville 'I wish I had cheated' as she labelled him 'an absolute skank, liar and narcissist' in a furious exchange of messages, a court has heard.The former Manchester United footballer, 48, is accused of…

Antofagasta has become the latest mining giant to slash its interim dividend payments following a deterioration in profits.Investors in the London-listed Chilean miner will receive a payout of 9.2 cents per share compared to a record 23.6…