Sensation Report Sensation Reports and News

Supermarket giant Asda is set for a significant overhaul that will mimic department stores by hiring out large parts of its shops to other businesses.  The bold plan under its new owners – a departure from how its rivals are run – means the stores will remain owned by Asda …

The US markets are pricing in a Biden victory and if they are right – they have of course been wildly wrong in the past – they think that would be good news for the economy as a whole.  At least that is the view of the giant US banking …

Crispin Odey’s hedge fund business is considering a rebrand that could see the tycoon’s name drop off some of its funds.  Odey Asset Management, the Mayfair-based company he founded in 1991, has also drawn up emergency plans in case he is unable to continue running investments.  But the 61-year-old told …

Longstanding fund manager Jeremy Gleeson is convinced there are still rich returns to be made from investing in the world’s established technology companies. This is despite the fact that the £1.2billion fund he runs – Axa Framlington Global Technology – has enjoyed a tremendous run of form in recent years, …

Despite more than 60 years of reporting on our planet and its inhabitants, Sir David Attenborough still has the power to shock. His latest film, A Life On Our Planet – extracts from an accompanying book were recently printed in The Mail on Sunday – provides a terrifying look at …

The future: Worldwide, more than £5trillion is invested in ETFs Easy, cheap and abundant. That is the lure of Exchange Traded Funds – and investors are increasingly giving in to their appeal. These investment funds, that typically track the performance of specific stock market indices or the value of precious …

Under fire Serco chief executive Rupert Soames has launched a bitter attack on critics who he says have thrown ‘vitriol’ at his firm. He insists the Government’s Test and Trace system is ‘more world beating than a shambles’. In an irate defence of Serco’s involvement in the programme, launched in …

Wizz Air is plotting a multi-billion-pound expansion that could see it operating up to one in five flights from Gatwick within five years.  The Hungarian airline agreed a €3billion financing package in August and now hopes to expand its UK business by taking over airport slots from rival airlines after …

Standing in a giant warehouse on a grey October morning somewhere in the Midlands, it’s impossible to escape the uncomfortable feeling that Christmas won’t be very merry for shops this year. From here, Henry Birch – chief executive of £2billion online retail giant Shop Direct – is already shipping out …

High street bank Santander will make yet more changes to perks on its 123 accounts this week – the latest in a string of savage cuts.  From Tuesday, the bank will alter the rate of cashback it pays on some bills – while doubling the monthly fee on its 123 …