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Watchdog lifts bank dividends ban after lenders post healthy profits

By webzrulecom December 18, 2020December 12, 2020

Investors in UK banks will be breathing a sigh of relief after the regulator lifted its ban on dividends. The Bank of England’s Prudential Regulation Authority (PRA) lent heavily on…

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Business

ALEX BRUMMER: Mind the UK output gap

By webzrulecom December 17, 2020December 12, 2020

The latest monthly output data tells us what we already know. When you allow often misleading health data to drive decisions on opening and closing down activity, confidence is battered…

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Business

Hot property! Airbnb shares DOUBLE on long-awaited market debut

By webzrulecom December 16, 2020December 12, 2020

Airbnb shares rocketed last night as the San Francisco-based company made its long-awaited debut on the US stock market. The technology firm, which allows 'hosts' to let out their properties…

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Business

US goes to war with Facebook: Lawsuit could break up social media firm

By webzrulecom December 15, 2020December 12, 2020

Eight years ago, Facebook boss Mark Zuckerberg emailed a colleague at the social network, musing about smaller competitors that were nipping at their heels. Photo-sharing apps Instagram and Path, as…

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Business

Advisers set for £835m fees windfall off LSE and Refinitiv mega-merger

By webzrulecom December 14, 2020December 12, 2020

Advisers working on the mega-merger between the London Stock Exchange and data provider Refinitiv are set to bag £835million in fees. Bankers, lawyers and brokers will all be flush with…

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Business

Applegreen soars after owners eye private move

By webzrulecom December 13, 2020December 12, 2020

The deal-making bonanza that has swept the London market over the last few weeks is showing no signs of slowing down. Petrol forecourt retailer Applegreen became the target of a…

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Business

Mike Ashley ready to pounce on Topshop AND Debenhams

By webzrulecom December 12, 2020December 12, 2020

Mike Ashley's Frasers Group has revealed it could still buy Arcadia brands such as Topshop as it attempts to mount a parallel rescue of Debenhams. The firm's finance chief, Chris…

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