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 …
Retirement Planning
Air Astana chief says London’s ‘powerful’ governance framework is key pull for investors
The chief executive of Air Astana has said concerns over the Kazakh flag carrier’s London listing have proved “largely unfounded.” The airline gave a much-needed boost to London’s struggling equity …
Premiership Rugby Cup: Who’s playing and when’s it on?
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 …
AI is supposed to automate paperwork, not create more
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 …
EP: 260 Uttoxeter, Kempton & Hong Kong
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 …
‘Incredible spin’: Sadiq Khan slated for linking rising crime to cost of living crisis
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 …
Victorian Plumbing’s billionaire boss is handed millions more by his mother
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 …
Could Glencore really ditch the so-called ‘home of mining’ the London Stock Exchange?
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 …
Competition watchdog probes Barratt’s multi-billion pound Redrow deal
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 …
Bodycote stock surges after company announces profit jump and new buyback
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 …