The billionaire founder of city brokerage ICAP, Lord Michael Spencer, has upped his stake in English wine maker Chapel Down. The former treasurer of the Conservative party serves as a …
Estate Planning
Ben Whitmore: Jupiter’s former star stockpicker launches inaugural fund
Star fund manager Ben Whitmore has launched his inaugural fund within his new boutique asset manager. Last year, Whitmore made a shock exit from Jupiter Asset Management, where he handled …
Massive civil service office complex approved for Manchester
A huge new tech-focused Government office complex in Manchester has been given planning permission. The 5.5 acre project, which could support as many as 7,000 civil service jobs in the …
A seismic election won’t deliver the change Germany needs
Friedrich Merz has emerged victorious in a general election which saw dramatic changes in German politics – but given that his party is responsible for many of the country’s problems, …
National Grid to sell US renewables business to Brookfield
National Grid has agreed to sell its US renewables business to Canada’s Brookfield Asset Management in a deal worth £1.4bn. The UK’s energy operator said the transaction would be an …
Motor finance: Bank of Ireland sets aside £143m provision
Bank of Ireland joined the UK’s biggest lenders in setting aside a lump sump for potential motor finance payouts as it posted its annual results. The bank recorded a pre-tax …
Turnbull & Asser: The King’s tailor who hasn’t made a profit since 2015
High-end fashion retailer Turnbull & Asser, whose customers including Kind Charles III, has now been in the red for almost a decade, it has been revealed. The London-headquartered retailer, which …
Prosus to snap up Just Eat in £3.3bn deal
Private equity giant Prosus has made an offer to acquire Just Eat Takeaway.com for £3.3bn. The Amsterdam-based private equity firm said it intends to launch the offer “as soon as …
A guide to ISAs: The different options for savers
An Individual Savings Account (ISA) is a tax-efficient way to save or invest. It allows you to earn interest or returns without paying income or capital gains tax. There are …