5 Things You Need To Know, Today, on Thursday 25th February 2021

Justin Waite
5 Things You Need To Know
06:33, 25th February 2021

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5 Things You Need To Know, Today, on Thursday 25th February 2021

5. Shares in GameStop surged on Wednesday in what could mark a return to frenzied trading that rocked markets last month.

GameStop stock climbed by 104% until trading was halted for a second time - moments before markets closed.

(Click here to read more)

 

4. Ikea UK is planning to launch its promised "Buy Back" venture shortly after retail reopens, giving you the chance to return used items if you're heading back to the office.

The start of the scheme was postponed in November due to the pandemic.

(Click here to read more)

 

3. Goldman Sachs boss David Solomon has rejected remote working as a “new normal” and has labelled it an “aberration” instead.

Mr Solomon said the investment bank had operated throughout 2020 with “less than 10% of our people” in the office.

(Click here to read more)

 

2. Talks to secure the future of Vauxhall's Ellesmere Port plant will continue after no firm decision was taken on Wednesday.

A board meeting of Vauxhall's parent company ended without agreement on its fate, although an announcement is expected within 48 hours.

(Click here to read more)

 

1. Former Chancellor Lord Hammond has said the government must risk unpopularity and tell "some difficult home truths" about the state of the economy.

He said dealing with the pandemic had been the financial equivalent of "fighting a war" but should "bounce back".

(Click here to read more)

 

Disclaimer & Declaration of Interest

The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.

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