• Capital Access

Hot Off The Wires - 24th November 2020


  • A no-deal Brexit would cause more long-term damage to the economy than the coronavirus pandemic, the Bank of England governor Andrew Bailey has warned.

  • Rishi Sunak is set to squeeze millions of retirees’ incomes in his spending review by pressing ahead with an inflation shake-up that will cost investors more than £100 bn.

  • Snapchat has introduced a new feature that will allow users to share videos with a wider audience, becoming the latest social media app to compete with Chinese sensation TikTok.

  • French food company Danone will cut up to 2,000 jobs, or 2% of its workforce, as part of a reorganisation to give more power to managers and squeezing out efficiencies.

  • Equiti Capital, a London foreign exchange broker, is facing a multimillion pound legal claim over its alleged links to a suspected $125m Ponzi-like fraud being investigated by the US Securities and Exchange Commission.

  • Cineworld has secured more than $750m of extra funding after the closure of its screens across the US and UK forced it into emergency talks with lenders.



Which English king built castles in the 13th century to help conquer Wales?

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