Aston Martin stock plunges as luxury car maker seeks new investors Aston Martin is mulling a number of ways to get an injection of cash The firm is courting Formula 1 billionaire Lawrence Stroll and other car makers Shares plunged 9.5 per cent, or 58.4p, to 556.8p on Friday By City & Finance Reporter for … Read more
Monzo hikes overdraft fees for those with lower credit scores as some could pay up to 39% annual interest Monzo customers with lower credit scores will face higher overdraft fees It will ditch its 50p daily charge and instead bill customers on a sliding scale Those who go into the red will be charged annual … Read more
Viagogo’s £3bn takeover of rival ticket resale website Stubhub faces competition probe There are concerns about the impact the takeover could have on ticket prices The CMA said it could result in ‘a substantial lessening of competition’ The deal was announced last month By City & Finance Reporter for the Daily Mail Published: 22:00 GMT, … Read more
M&C Saatchi chairman facing pressure to quit in the wake of £12m accounting fiasco By City & Finance Reporter for the Daily Mail Published: 22:00 GMT, 13 December 2019 | Updated: 10:34 GMT, 14 December 2019 The chairman of M&C Saatchi could be replaced after the advertising group was rocked by a £12million accounting scandal … Read more
Woodford savers set to lose up to 42% of their investments locked in collapsed Equity Income fund Savers who put their money in at the peak in 2017 are facing losses of up to 42% Blackrock said it was ready to begin returning cash to investors on January 20 So far, it has sold enough … Read more
TRUST WATCH: Aberforth Smaller Companies By City & Finance Reporter for the Daily Mail Published: 22:01 GMT, 13 December 2019 | Updated: 10:33 GMT, 14 December 2019 WHAT IS IT? The Aberforth Smaller Companies trust is the largest of its kind within the UK Smaller Companies sector. It aims to make a return greater than … Read more
PUNT OF THE WEEK: Watches of Switzerland sees profits rise 112%, but is it wise to invest luxury companies? By City & Finance Reporter for the Daily Mail Published: 22:01 GMT, 13 December 2019 | Updated: 10:33 GMT, 14 December 2019 What is it? The international luxury watch retailer is the UK’s biggest seller of … Read more
A whole host of fund managers have blamed Brexit uncertainty and Westminster’s intense political wrangling for their problems over the past year. Just this week, former Neil Woodford protege Mark Barnett was fired from managing the £1.1billion Edinburgh Investment Trust. The board of the £700million Perpetual Income and Growth investment trust, another fund he runs, … Read more
When she was told that she’d been selected to take part in the latest series of The Apprentice earlier this year, the then 19-year-old Lottie Lion had a pretty shrewd idea of what her role on the show might be. ‘I was going to be the young, posh, clever one,’ she recalls. ‘And it was … Read more
‘People didn’t trust him to put our country first’: Former northern Labour MP Anna Turley tears into Jeremy Corbyn over his ‘anti-Western world view’ saying he was poison on the doorstep Anna Turley castigated the opposition leader after lost her Redcar seat Working class Cleveland constituency voted Tory for the first time ever She attacked … Read more
Olivia Newton-John, 71, reunites with John Travolta, 65, in their iconic Grease costumes for the first time since the film’s release 41 years ago at sing-along-event The pair played Sandy Olsson and Danny Zuko in the iconic 1978 film Grease Olivia, 71, and John, 65, were pictured at the Meet n’ Grease movie sing-a-long event in … Read more
Christmas revellers let their hair down last night despite the bad weather as office party season got into full swing. Storm Atiyah began to show its teeth as it brought strong winds and rain but this did not dampen the spirits of merrymakers in Leeds, Birmingham and Blackpool as they began their festivities. Party goers donned their … Read more
German bishops declare homosexuality is ‘normal’ as the country’s church begins controversial review of its teachings on sexual morality The bishops agreed homosexuality was a ‘normal form’ of human sexual identity Chair of the Marriage and Family Commission made announced after Berlin talks It comes ahead of a controversial two-year ‘Synodal Process’ by the Germans … Read more