Fundsmith Equity, the largest fund in the UK, topped the most-bought list for the UK on platform Interactive Investor in March, despite landing on Bestinvest’s ‘doghouse’ list at the start …
Investing
Waitrose slashes prices in bid to win over middle class shoppers from Marks and Spencer
Waitrose is cutting prices for the fifth time in over a year as it battles Marks and Spencer as the favoured grocery spot of middle class shoppers. The supermarket, which …
Carried interest: Labour sticks by plans to up private equity bonus tax
Rachel Reeves has vowed to stick by Labour’s plans to increase tax on private equity bonuses, by upping the rate on carried interest transactions. The shadow Chancellor pledged to “reform” …
Why economists might be underestimating the UK economy
The UK economy has made a strong start to the year, fuelled by lower inflation and hopes that the Bank of England will start cutting interest rates in a few …
Formula 1: Alfa Romeo supplier AB Dynamics races ahead after £24m acquisition
Formula one testing firm AB Dynamics has received a thumbs up from analysts after announcing a £24m deal to acquire a US company. The firm, which manufacturers robots and simulators …
Buy-to-let repossessions jump 56 per cent as higher interest rates bite
According to new data released by UK Finance, the buy-to-let market has been hammered by higher interest rates, with lending plummeting and arrears rising. The value of new buy-to-let lending …
Royal Mail modernisation plan: What changes is it proposing and how could they affect you?
Britain’s embattled postal service has called for urgent action to modernise its operations as it faces rapidly declining letter volumes and increased competition from niftier couriers. Royal Mail has proposed …
Chelsea manager Pochettino defends ‘great kid’ Gallagher over mascot row
Chelsea manager Mauricio Pochettino has defended Conor Gallagher after the England midfielder was accused of racism towards a young mascot. Gallagher has been targeted online after a clip circulated of …
Ryanair nixed almost 1,000 flights in March due to the Israel-Gaza war
Close to 1,000 Ryanair flights were cancelled in March as conflict in the Middle East continues to hit carriers. Ryanair operated 77,000 flights over the month but said it was …
Complaints over misselling of suitable financial advice skyrockets
The number of consumer complaints over the misselling of the suitability of financial advice being upheld by the Financial Ombudsman Service have skyrocketed over recent years. The number of complaints …