Money

Fat cat bosses lap up £100,000 perks as expenses are all covered

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Fat cat bosses at some of Britain’s biggest companies are raking in hundreds of thousands of pounds worth of perks on top of their multi-million pay packages, a Mail on Sunday investigation has found. FTSE 100 chiefs are enjoying what critics call ‘completely gratuitous’ payments to cover private aircraft use, school fees, family travel, chauffeur-driven cars … Read more

JP MORGAN JAPANESE: Trust rises above recession threat by avoiding cyclical stocks

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JP MORGAN JAPANESE: Portfolio that avoids cyclical stocks helps this trust rise above the threat of recession Nicholas Weindling has managed investment trust for nearly 12 years He skips cyclical stocks, which are prone to sharp share price falls  Weindling prefers to hunt down ‘new types’ of company he believes will thrive By Jeff Prestridge … Read more

Carpetright shareholder buys up firm’s debts and gives its shares a much-needed boost

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Carpetright shares rocket as biggest investor boosts confidence in the embattled flooring firm by taking on debt pile Meditor has bought Carpetright’s revolving credit facility of £40.7million  The seeming show of confidence sent Carpetright shares up over 10 per cent  By Emily Hardy For This Is Money Published: 11:02 GMT, 27 August 2019 | Updated: … Read more

TONY HETHERINGTON: Why Easytrade really does swim with the sharks

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Tony Hetherington is Financial Mail on Sunday’s ace investigator, fighting readers’ corners, revealing the truth that lies behind closed doors and winning victories for those who have been left out-of-pocket. Find out how to contact him below. Ms K.P. writes: I fell for a sales pitch from Easytrade.biz, and now I am unable to withdraw … Read more

Algy Cluff’s retirement lasts three hours as he launches new oil venture Michael Spencer

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Algy Cluff’s retirement lasts three hours as he launches new Africa-based oil venture with City investor Michael Spencer By City & Finance Reporter for the Daily Mail Published: 21:53 BST, 26 August 2019 | Updated: 21:53 BST, 26 August 2019 When North Sea oil pioneer Algy Cluff said he was standing down from his firm … Read more

Firms are failing to warn customers who’ve bought risky or defective goods, warn experts

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Firms are failing to warn customers who’ve bought risky or defective goods, warn experts as they call for an overhaul of recall rules By Laura Shannon For The Mail On Sunday Published: 11:29 GMT, 25 August 2019 | Updated: 11:30 GMT, 25 August 2019 Consumer safety experts are calling for an overhaul of the rules … Read more

Credit card deals worsen amid regulator clamp down on UK households’ spiralling debts 

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Credit card deals worsen amid regulator clamp down on UK households’ spiralling debts  By Laura Shannon For The Mail On Sunday Published: 10:13 GMT, 25 August 2019 | Updated: 10:13 GMT, 25 August 2019 Credit card deals are significantly poorer compared to this time last year as the financial regulator prepares to clamp down on … Read more