Rishi Sunak will use his first Budget tomorrow to turn on the Treasury’s spending taps and pledge to invest ‘hundreds of billions of pounds’ on improving the UK’s critical infrastructure. The new Chancellor will announce plans to invest ‘record amounts’ in the nation’s roads, railways, broadband, housing and research. The government wants the spending spree … Read more
Investment firm M&G launches voluntary redundancy programme to slash costs as profits slump M&G said the redundancies should help it cut costs by 10% It saw investors withdraw £7.5bn from its fund management arm last year That has helped send the firm’s profits tumbling 29 per cent to £1.15bn This is its first full set of … Read more
These are difficult days. At times, it feels like the world is shuddering to a halt. There are fewer people as I wind my way to and from work every day and night on public transport. The high street where I work is quieter than it has been for a long time and local restaurants … Read more
Women are slowly but surely making their presence known in the business world. Ahead of International Women’s Day tomorrow, the FTSE 100 welcomed its sixth female chief executive this week as Milena Mondini de Focatiis was named new boss of insurance group Admiral. On the FTSE 350, women make up nearly a third of board … Read more
Ten tips for buy-to-let: the essential advice for property investors Our buy-to-let guide explains the essentials of property investment Regularly update guide explains how to assess investments and make a profit Learn about the best locations to invest in property, buy-to-let mortgages, rental yields and what tax changes mean for landlords and investors By Simon … Read more
Designer handbags become the new must-have investment outperforming whisky, art and classic cars By Holly Thomas For The Daily Mail Published: 21:50 GMT, 3 March 2020 | Updated: 21:50 GMT, 3 March 2020 Designer handbags are the most profitable luxury investment, according to a new report from Knight Frank. The Wealth Report today reveals that … Read more
The rise of DIY investing has delivered a revolution in the way investors buy shares, investment trusts and funds – offering them huge savings through online brokers. It’s easy to invest in a stocks and shares Isa, self invested personal pension, or standard trading account online and start putting your money to work, without the … Read more
Three former Barclays executives have been cleared of fraud over a £4billion investment deal with Qatar at the height of the banking crisis. Scotsman Roger Jenkins, 64, was said to be Barclays’ ‘gatekeeper’ to the wealthy Middle Eastern state, and in 2008 helped the bank with two large capital raisings to avoid a government bailout. … Read more