Keir Starmer, the new Prime Minister, has said that economic growth will be the “obsession” of his new government. His focus on growth reflects the fact that the economy has …
Personal Finance
Downing Strategic Micro-Cap hits back at activist investor attempt to ‘thwart’ wind-down
Activist investor Milkwood Capital has been condemned by an investment trust it is targeting for an attempt to “thwart” its pursuit to shutter. Downing Strategic Micro-Cap, which invests in small …
Investment trust industry urges Labour to win ‘early success’ on cost disclosure rules
The investment trust sector has called for the incoming Labour government to scrap “misleading” cost disclosure rules on the sector that it says are hampering its performance. Legacy EU regulations …
Boeing will plead guilty in 737 Max crash deal while facing maximum fine
Boeing will plead guilty to a criminal fraud conspiracy charge stemming from two 737 Max crashes that resulted in the deaths of 346 people, the US Department of Justice (DoJ) …
Wincanton slipped into the red before London deslisting by US logistics giant
Wincanton slipped into the red for the first time in more than 20 years in the year leading up to it being taken private by the logistics giant GXO, according …
Disgraced former BP boss Bernard Looney plans Abu Dhabi comeback
Former BP chief executive Bernard Looney is reportedly plotting a comeback in Abu Dhabi after he was dismissed last year over past relationships with colleagues. The Irishman has met with …
French election: Markets stabilise after shock results lead to stalemate
In 1962 president Charles De Gaulle expressed his frustration at the difficulties facing anyone governing France: “How can anyone govern a country with 246 varieties of cheese,” he lamented. Today’s …
M25 closure to clash with Euro 2024 final: Here’s how to get to London (and avoid ULEZ)
The AA has warned Brits heading to London for the final game of the Euros to plan ahead to avoid disruption caused by the construction of a new bridge. The …
Shortage of high-quality student homes drives growth at Unite
In a half-year update, the student accommodation provider Unite Group said strong rental growth helped drive up the value of its portfolio. The real estate investment trust (REIT), which specialises …
Quartix shares jump as vehicle tracking firm reports profit jump
Shares in vehicle tracking outfit Quartix jumped 8.2 per cent on Monday after it posted positive revenue, profit and cashflow in preliminary earnings as it looks to distance itself from …