From pollution to health, waste and joblessness, start-ups all over the world are increasingly focusing on finding solutions to some of the world’s toughest problems. While they aim to create profitable businesses, they also want to create solutions for the poor, environment and health of the global population. This change in strategy appears to be … Read more
Waterstones’ boss called to the US to revive the fortunes of America’s biggest bookstore chain By City & Finance Reporter for the Daily Mail Published: 21:51 BST, 7 June 2019 | Updated: 21:51 BST, 7 June 2019 Waterstones’ British boss James Daunt will become chief executive of Barnes & Noble Waterstones’ British boss has been … Read more
FTSE CLOSE: Markets rally on hopes of US rate cut; FCA hits banks with clampdown on overdraft fees; Depressed pound edges up as Theresa May steps down The FTSE 100 closed up 1%, or 72 points, at 7,331.94 The FCA has banned banks from charging more for unarranged overdrafts The pound has edged up a little … Read more
What’s gone wrong for fund manager Neil Woodford and retail mogul Sir Philip Green? The This is Money podcast By This Is Money Published: 14:53 GMT, 7 June 2019 | Updated: 16:08 GMT, 7 June 2019 It’s been a rocky week to say the least for Britain’s most recognisable fund manager Neil Woodford – he … Read more
Games Workshop shares march higher after the Warhammer creator hands out £5m in staff bonuses (again) and sales surpass £250m Games Workshop shares jumped 5% on Friday after the firm updated the market It said it has handed out more than £5million in staff bonuses this year The firm said it expects its full-year sales … Read more
Pull your finger out and tell parents child benefit errors can hit their state pension, NICKY MORGAN MP warns the Government By Nicky Morgan Mp For This Is Money Published: 13:44 GMT, 7 June 2019 | Updated: 14:09 GMT, 7 June 2019 Nicky Morgan MP, chair of the Treasury Committee: ‘The problem was wholly foreseeable … Read more
Hargreaves Lansdown chiefs in £6m share sale: High-flyers cashed in weeks before Woodford crisis sent stock tumbling By Lucy White For The Daily Mail Published: 21:50 GMT, 6 June 2019 | Updated: 10:08 GMT, 7 June 2019 Two high flyers at Hargreaves Lansdown sold millions of pounds of shares in the company just weeks before … Read more
Not all big SUVs are suitable for blossoming families: Measurements reveal which new large cars can fit more than two child seats in at once What Car? tested 16 large cars and found only MPVs are able to carry more than 3 small children at once Only 4 of 12 popular SUVs had capacity for … Read more
Most savers with direct or indirect holdings in funds run by Neil Woodford are nursing nasty losses. It is worse than that. Investors in two of the firms that promoted the Woodford cult – investor platform Hargreaves Lansdown (HL) and advisers St James’s Place – have had a nasty shock. Not everyone is a loser. … Read more
Judged by the standards of most tycoons, insurance entrepreneur Sir Peter Wood, founder of Direct Line, Esure and Go Compare, is a laid-back figure. A fit septuagenarian, he likes nothing better than to spend time on the tennis court or playing golf, and loves personally to direct promotional campaigns as he constantly invents and backs … Read more
Entertainment One shares surged nearly 16 per cent higher after the maker of Peppa Pig refuted a report that the company’s president and chief content officer was in talks to quit. It followed an exclusive in the Hollywood trade title Variety that the veteran film and TV producer Mark Gordon was headed for the exit following … Read more
Rolls-Royce hands a £4.6bn chunk of its pensions scheme to Legal & General By City & Finance Reporter for the Daily Mail Published: 21:51 GMT, 6 June 2019 | Updated: 21:51 GMT, 6 June 2019 Rolls-Royce has offloaded a £4.6billion chunk of its pension scheme covering 33,000 members to Legal & General, in the biggest … Read more
New Look founder Tom Singh to retire amid major boardroom reshuffle at the fashion chain By City & Finance Reporter for the Daily Mail Published: 21:50 GMT, 6 June 2019 | Updated: 21:50 GMT, 6 June 2019 Fashion change: New Look founder Tom Singh (pictured here in 2004) has announced his retirement New Look founder … Read more