Payments firm Klarna valued at £32bn after raising funds for expansion

Payments firm Klarna valued at £32bn after raising fresh funds to help its expansion By Lucy White For The Daily Mail Published: 22:16 BST, 10 June 2021 | Updated: 22:28 BST, 10 June 2021 Payments firm Klarna is now worth £32billion after raising a fresh chunk of money to help fund its expansion. The shopping … Read more

BT rival in talks with 20 funds to secure £1bn for broadband push

High-speed broadband builder CityFibre nearing sale of £1bn stake in company as it plots expansion to ramp up pressure on rival BT By Alex Lawson, Financial Mail On Sunday Published: 21:50 BST, 22 May 2021 | Updated: 11:46 BST, 23 May 2021 High-speed broadband builder CityFibre is nearing the sale of a £1billion stake in … Read more

Relief for trapped savers as M&G reopens property fund after 18 months

M&G has said it will reopen its property fund on 10 May – nearly 18 months after it was suspended – offering some relief to trapped savers.  The investment firm froze its £2.1billion Property Portfolio Fund in December 2019, fearing that Brexit had caused too much uncertainty and that it would not be able to … Read more

L&G chief calls on pension funds to help end housing crisis

‘We simply haven’t built enough’: L&G chief calls on pension funds to invest in projects to help end housing crisis L&G boss Nigel Wilson believes we haven’t built enough homesL&G has already backed a number of projects across the country It has invested £450million in the regeneration of Cardiff Central Square By Emma Dunkley For The … Read more

RIVER & MERCANTILE UK RECOVERY: Fund to benefit from recovery

RIVER & MERCANTILE UK RECOVERY: Fund poised to benefit from UK stock market bounce as economy recovers By Jeff Prestridge for The Mail on Sunday Published: 22:30 BST, 10 April 2021 | Updated: 22:56 BST, 10 April 2021 Veteran fund manager Hugh Sergeant has rarely been more positive about the UK equity market in a … Read more

What fund experts say you should put in your 2021 Isa

Tomorrow’s easing of lockdown restrictions will be at the forefront of many people’s minds as they plan a mini-spending spree at their local shops. But canny investors among them will not have forgotten that a new opportunity to invest tax-efficiently in the months ahead has just begun.  One that should be used – despite the … Read more

Best performing funds and investment trusts since the start of 2021

Funds investing in the UK were some of the top performers in the first quarter of this year as Britain’s fast roll-out of vaccines has tempted some investors to bet on the country’s recovery.  The Investment Association’s UK Smaller Companies sector came top of the table, with returns of 9 per cent in the first … Read more

Britain blows millions of taxpayer funds on foreign aid projects

Britain blows millions of taxpayer funds on foreign aid projects including anti-smoking lessons, ‘friendship benches’ and eco-hammams Taxpayers’ cash is being spent on things like ‘friendship benches’ in Zimbabwe More than £700,000 will allow people to discuss their mental health issues A further £1 million will be spent on health promotion activities in Asia   By Anna Mikhailova … Read more

Banksy donates £3m artwork to raise funds for the NHS

Banksy artwork which appeared in hospital corridor in tribute to medics during pandemic will go up for auction for more than £3m to raise money for NHS A Banksy artwork displayed at Southampton General Hospital is up for saleThe artist has consigned the original canvas of Game Changer for auction Auction house Christie’s have put a … Read more

Baillie Gifford Managed Fund’s Iain McCombie on the Investing Show

A simple mix of shares, bonds and cash doubled investors’ money in five years: Baillie Gifford Managed Fund manager on the INVESTING SHOW By This Is Money Published: 14:31 GMT, 5 March 2021 | Updated: 14:31 GMT, 5 March 2021 Is a simple portfolio made up largely of shares and balanced out by some bonds … Read more