It’s a hard task getting people interested in pensions, especially those under the age of 35. Retirement feels so far in the future for many living in the here and now. They pay in each month without being actively interested. Meanwhile, confusing messages from politicians – including our housing minister, stating that younger generations could tap … Read more
The cult of personality in fund management is relatively new. The people managing our assets historically were hidden in the back rooms of big investment firms, subservient to the star dealmakers and traders. Perhaps inevitably in an age of celebrity, those who put up the best performances emerged from the shadows essentially as a marketing … Read more
Former Hewlett Packard boss denies trying to avert blame for the disastrous takeover of Autonomy By City & Finance Reporter for the Daily Mail Published: 21:51 BST, 5 June 2019 | Updated: 21:51 BST, 5 June 2019 Former HP boss Meg Whitman was accused of trying to blame the bosses of software firm Autonomy when the … Read more
German media giant Axel Springer could take advantage of Neil Woodford’s crisis to scoop up more shares in Purplebricks – and even take it off the stock market. Axel Springer, which owns media brands such as music magazine Rolling Stone and website Business Insider, is ‘open to opportunities’ to buy more shares in the online … Read more
Ladbrokes rocked by fat cat pay backlash… but bosses dodge furious shareholders by holding AGM on yacht in Gibraltar tax haven By Tom Witherow For The Daily Mail Published: 21:51 BST, 5 June 2019 | Updated: 21:51 BST, 5 June 2019 The owner of Ladbrokes and Foxy Bingo is under fire on two fronts after … Read more
Tycoon behind failed Provvy bid sees shares in the doorstep lender jump 16.1% while his rival firm falls 10.7% By Matt Oliver For The Daily Mail Published: 21:50 BST, 5 June 2019 | Updated: 21:50 BST, 5 June 2019 Disappointment: Non-Standard Finance boss John van Kuffeler saw shares in his firm fall 10.7 per cent yesterday … Read more
The remarkable aspect of the NSF bid was the conviction by its architect, John van Kuffeler that the Provvy deal was in the bag A great shortcoming of weak-kneed big battalion shareholders has been the failure to come together to defeat bad decisions by companies in which they invest. That is changing. The revolt by … Read more
FTSE CLOSE: NSF shelves hostile bid for Provident; Landlords to vote on Topshop rescue deal; Card Factory bemoans tough High Street conditions Vote on Arcadia by shop landlords delayed until June 12 Non-Standard Finance has called off its £1.3billion bid for rival Provident Card Factory saw sales rise but said conditions on the High Street … Read more
The trade war is becoming a tech war, and it will carry on long after Donald Trump leaves the White House. A few days in Washington have convinced me we are in the early stages of a new conflict akin to the Cold War between the US and Russia, with the world’s two most powerful … Read more
Almost 9,000 fewer new cars were bought in Britain last month compared to May 2018, official figures show. A total of 183,724 new vehicle were registered, down 4.6 per cent annually as buyers continue to move away from diesel cars. The Society of Motor Manufacturers said confusing government polices had resulted in more drivers keeping … Read more
Retail tycoon Mike Ashley tightens his grip on the High Street with £52m grab for Game Digital Mike Ashley’s Sports Direct has made a mandatory bid of 30p a share for Game The offer values the struggling gaming chain at £51.9million Sports Direct is already the largest shareholder in Game Digital By Emily Hardy For … Read more
Most of us who regularly use car hire companies are bound to have been on the receiving end of their overcharging at one time or another. And, as Money Mail readers well know, the odds are stacked against us. However, I have just chalked up a rare victory. It took me countless emails, hours of … Read more
VICTORIA BISCHOFF: Hargreaves Lansdown investors put it in the dock for championing Woodford’s crisis fund By Victoria Bischoff for the Daily Mail Published: 22:55 BST, 4 June 2019 | Updated: 07:57 BST, 5 June 2019 Hargreaves Lansdown owes its customers one hell of an apology. As we reveal today, Neil Woodford’s decision on Monday to … Read more