ALEX BRUMMER: Hunt keeps his powder dry by holding back on tax cuts By Alex Brummer for the Daily Mail Updated: 17:00 EDT, 2 October 2023 Enthusiastic tax cutters looking for red meat in Jeremy Hunt’s Tory Party address were always going to be disappointed. The Chancellor has been signalling …
Read More »MARKET REPORT: Traders upbeat on Ocado after robot wars victory
MARKET REPORT: Traders upbeat on Ocado after robot wars victory By John Abiona Updated: 17:01 EDT, 18 September 2023 Ocado shot up the FTSE 100 index as the City remained upbeat over its prospects. Ahead of the blue-chip online supermarket’s quarterly results today, Jefferies raised its target price on the stock …
Read More »Martin Lewis urges people to load up on common 75p item before next month
Martin Lewis’ popular website, Money Saving Expert, has urged people to stock up on a common item, currently worth 75p, before they rise in price. By October 2, first class stamps will increase in price by 14 per cent, from £1.10 to at least £1.25 – and first class stamps …
Read More »‘Leviathan’ Warhammer maker Games Workshop smashes sales expectations again
G ames Workshop’s remarkable run of success continues, as the Warhammer 40,000 maker’s sales smashed expectations yet again over the summer. Revenue rose by 16.5% year-on-year to £127 million, and profit rocketed by 46% to £57 million as customers spent more on indoor hobbies during the summer washout. Games Workshop said …
Read More »Royal Mail adds Christmas and ‘Green’ surcharges to letter and parcel deliveries
Royal Mail is increasing the cost of posting letters and parcels for businesses over Christmas and imposing a net zero “green surcharge”. In a move that risks increasing costs for shoppers, business account customers will be asked for an additional 5p or 10p “peak surcharge” for deliveries between November and …
Read More »Hunt’s plans for Canada-style pension pots risk leaving savers worse off
However, superior returns may only arise in very old age, according to research commissioned by the Association for British Insurers, an industry trade body. Its model found that if a worker starts saving into a CDC scheme at the age of 30, by their 75th birthday they would have an …
Read More »Royal Mail urged to shape up if Saturday post is axed
Royal Mail urged to shape up if Saturday post is axed By Calum Muirhead Updated: 17:14 EDT, 9 September 2023 Royal Mail must invest in improving services if it scraps Saturday post, according to Sir Vince Cable. The former Business Secretary, who led the group’s privatisation in 2013 under the …
Read More »Why don’t Premium Bonds winners ever seem to come from the Channel Islands or Isle of Man?
Why don’t Premium Bonds winners ever seem to come from the Channel Islands or Isle of Man? The Channel Islands and Isle of Man are grouped into ‘overseas’ Due to NS&I rules they can’t report winners from Isle of Man or Channel Islands By Helen Kirrane Updated: 05:02 EDT, 29 …
Read More »Offshore trust loophole hides oligarchs’ cash
Offshore trust loophole hides oligarchs’ cash Treasury says it is against identifying beneficiaries of trusts without consultation Surprise move follows the introduction of transparency rules Offshore firms with property in England and Wales must name ultimate owner By Patrick Tooher Published: 16:50 EDT, 13 August 2023 | Updated: 16:50 EDT, …
Read More »JEFF PRESTRIDGE: Why Britain’s very own Warren Buffett plans to go on and on
Good fund managers are few and far between. Even rarer are those who remain on top of their game for a sustained period. Last week, I spoke to Nick Train, of asset manager Lindsell Train, who has been at the helm of investment trust Finsbury Growth & Income since late …
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