The UK-based electric van maker Arrival has secured an £85m investment from South Korean car firms Hyundai and Kia – a cash injection which values the business at £3bn, defying the struggles of the British automotive industry. The money will be used by Arrival to fund the next stage of …
Read More »Ottawa Senators hire former Royal Bank and Shaw executive Jim Little as CEO
During his time with RBC, Jim Little was named by the Globe and Mail as one of the top 50 people affecting sport in Canada for his role in the bank’s sponsorship of the Canadian Open. MIKE CASSESE/The Globe and Mail The Ottawa Senators have named Jim Little as the …
Read More »Brexit-backing hedge fund boss Crispin Odey suffers another year of losses
Hedge fund tycoon Crispin Odey, the outspoken Brexiteer accused of betting against Britain, saw his main fund slump in 2019 after his bets failed to pay off. The investment grandee’s flagship European fund fell 10.1pc, according to performance data from the company which showed that his other funds also fell for the year – losses he …
Read More »our Income Portfolio in 2019
Questor Income Portfolio: the election gave our income stocks a late fillip, while bonds made steady income and some worthwhile capital gains It was a year of two – rather unequal – halves for the Income Portfolio in 2019. Until the election our holdings were becalmed but many came to life …
Read More »Stock markets start the year on a high as China raises spending
Royal Mail forecast a surge in returns of products bought online, with volumes predicted to be 72pc higher on January 2 than the average number of … Source link
Read More »Royal Alliances Acquires the Automated Presort Division of Wolverine Solutions Group – Press Release
Wolverine dedicates their full focus on industry-leading print & mail capabilities while Royal Alliances scales into Presort with their revolutionary software platform and unparalleled operational expertise Royal Alliances (RA) reaches an agreement with long-time partner, Wolverine Solutions Group (WSG), to acquire Wolverine Automated Mailing Services (WAMS), a division of Wolverine …
Read More »the election has boosted the value of our Income Portfolio by almost 5pc
Questor Income Portfolio: Boris Johnson’s victory has reinvigorated the very stocks in which our portfolio is largely invested What did the general election do for holders of Questor’s Income Portfolio? There has, naturally enough, been no effect so far on the dividends paid by our holdings but in capital terms the …
Read More »Exclusive: Redington pensions consultancy set for £50 million investment deal
Two London entrepreneurs are poised to sell a stake in their fast growing pensions consultancy to private equity in a deal that could value it at £50 million. The Evening Standard understands Phoenix Equity Partners is set to invest in Redington, which advises pension fund trustees how to ensure the …
Read More »Government-Backed Review Proposes Overhaul of U.K. Audit Sector
A review commissioned by the U.K. government is proposing far-reaching changes to the country’s audit sector amid concerns about conflicts of interest, the quality of audits and the structure of the industry. The 135-page report by Donald Brydon —the former chairman of various British companies including London Stock Exchange Group …
Read More »Should Auditors Uncover Fraud? For the First Time, UK Says Yes
For the First Time, U.K. Says Yes … of auditors in this area,” said Donald Brydon, the former Royal Mail Group Ltd. chairman who led the review. It's the … Source link
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