MIDAS SHARE TIPS: Induction Healthcare

Prime Minister Boris Johnson put healthcare at the heart of his multi-billion pound spending plan last week. That does not just mean building more hospitals, but also using technology to help them work more effectively. Induction Healthcare and Diaceutics are at the forefront of these efforts. Every year, the NHS …

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HAMISH MCRAE: It’s time to box clever, Rishi…

Could Super Saturday be followed by Woeful Wednesday? If Rishi Sunak does not pitch the next stage of his rescue operation right, then when the job furlough scheme ends in October, the outlook could be grim indeed. There is no question that the Chancellor’s initial rescue did the job. In …

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£2m golden goodbye for sacked boss of Thames Water

Britain’s biggest water company has handed its former boss a £2million pay-off after he was fired for a series of failings. Thames Water has been accused of rewarding failure over the golden handshake for Steve Robertson. Robertson presided over numerous major leaks, hefty fines and sewage flooding controversies during three …

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Fashion chain New Look wins extension to crucial loan

Embattled fashion chain New Look has agreed terms on a crucial bank loan as it prepares to overhaul hundreds of lease contracts. Lenders agreed an extension to an £80million credit facility in recent days. That provides the 480-store chain with breathing space as it steps up talks with landlords to …

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Sir Stelios to blast ‘dishonest’ easyJet board

EasyJet founder Stelios Haji-Ioannou is preparing a fresh attack on the airline’s board. At a shareholder meeting on Tuesday week, he is set to accuse directors of being ‘dishonest’ about the state of the airline’s finances. EasyJet has tapped investors for £419million to survive the coronavirus crisis – and needs …

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How small businesses are faring since the easing of lockdown

The past few months have been some of the most difficult in living memory for Britain’s small and medium-sized enterprises.  They have seen their incomes disappear overnight and battled to get Government-backed grants and loans. They have had to furlough staff, move sales online and even launch entirely new ventures. …

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