Only 17 per cent of actively managed equity funds managed to beat the index over the last decade, according to a new report from Morningstar. Morningstar’s Active/Passive Barometer found that…
The first trophy of the English domestic rugby scene is up for grabs this evening as Gloucester Rugby take on Leicester Tigers in the Premiership Rugby Cup. Equivalent to football’s…
While ministers are issuing press releases and creating new regulations around AI, everyone else has got a head start, says Joe Hill Everyone caught the AI bug in 2023, and…
Following on from the festival it’s the traditional Midlands National at Uttoxeter on Saturday, plus they race at Kempton on the same afternoon. City AM Racing editor Bill Esdaile previews…
Sadiq Khan has been blasted for “incredible spin” over his linking the cost of living crisis to increasing crime in London. In a speech on Thursday, the mayor of London…
The billionaire founder and chief executive of Victorian Plumbing has been handed millions of shares in his own company by his mother. Mark Radcliffe has received more than 5.3 million…
Activist investor Tribeca sent jitters through the City yesterday with the claim that London had lost its lustre for the likes of Glencore. The London Stock Exchange, the Aussie hedge…
The competition watchdog is to investigate Barratt’s £2.5bn acquisition of rival housebuilder Redrow. This morning, the Competition and Markets Authority (CMA) said it is: “considering whether it may be the…
Thermal processing expert Bodycote has begun a £60m share buyback programme after reporting a strong growth in profit in its annual results. The firm’s stock price jumped five per cent…
Shares in air quality solutions supplier Volution jumped more than five per cent this morning after the group posted its half-year results, which came in ahead of expectations. Covering the…