Analysts say millions of savers with cash tied up in utilities, telecoms and banks risk being ‘crushed’ if a Labour government is elected By Matt Oliver For The Daily Mail Published: 21:58, 2 December 2019 | Updated: 21:58, 2 December 2019 Millions of savers with cash tied up in utilities, …
Read More »On eve of Cyber Monday, crooks want to rip you off: Here’s how to spot 12 cyber scams of Christmas
The season of goodwill is upon us – and cyber criminals are rubbing their hands in anticipation at how to take advantage of our generous festive feelings. On the eve of Cyber Monday, the nation’s biggest online shopping day, The Mail on Sunday reveals the 12 online scams of Christmas …
Read More »FTSE 250 movers: Victrex drops, Virgin Money climbs
London’s FTSE 250 was down by 0.32% at 20,956.09 in afternoon trade on Friday, with Victrex leading the index lower. Royal Mail was also weaker following a downgrade to ‘market perform’ at Bernstein, while the stock was also in focus after the Court of Appeal rejected a union appeal against …
Read More »MARKET REPORT: Swipe from Goldman Sachs analysts sends shares in St James’s Place lower
Wealth manager St James’s Place has been rocked this year by allegations of forgery, mis-selling, lavish staff spending and is facing a legal case brought by former footballers. But it was a swipe from Goldman Sachs analysts that sent shares in the FTSE 100-listed group lower yesterday. Goldman bucked the …
Read More »it is a painful lesson for us, but we must bite the bullet and sell Royal Mail
Questor Income Portfolio: the company admits that it could make a loss next year and everything now depends on the success of its belated – and risky – restructuring Questor’s decision in December 2016 to tip Royal Mail has not proved to be our finest hour. To start with all went well: …
Read More »FTSE 250 movers: Virgin Money soars, Future falters
London’s FTSE 250 was higher by 0.26% at 21,008.02 in afternoon trade on Thursday, with shares of Virgin Money UK leading the index higher. The Clydesdale and Yorkshire Bank owner surged even as it said full-year losses had widened and scrapped its dividend. AJ Bell analyst Russ Mould said: “Expectations …
Read More »Private investors have fallen for Labour’s promises – and made a costly mistake
Political promises should be taken with a pinch of salt. Investors can make expensive mistakes if they change their plans around a pie-in-the-sky manifesto pledge. Take, for example, Labour’s promise to privatise a handful of companies. Many DIY investors took these seriously and sold out, avoiding the risk of any government meddling. On …
Read More »Influential City investors put pressure on 15 major companies to improve workers’ pay
Influential City investors put pressure on 15 major companies, including Royal Mail and Just Eat, to improve workers’ pay By Daily Mail City & Finance Reporter Published: 21:58, 28 November 2019 | Updated: 22:02, 28 November 2019 Influential City investors have put pressure on 15 major companies, including Royal Mail …
Read More »What would a Labour election win mean for your money?
There are exactly two weeks to go until the general election and we’ve been busy scrutinising the manifestos of all the major parties to find the most important pledges affecting your finances. We highlight eight key promises relating to your pocket, should a party win power – or end up …
Read More »MIDAS SHARE TIPS: Want to safeguard YOUR shares from Corbyn? Stick to the many, not the few!
We all know Labour’s mantra: ‘For the many, not the few.’ Ironically, Margaret Thatcher had a similar idea when she began the privatisation of state-owned companies. Back in the 1980s, the then Conservative Prime Minister wanted to democratise share ownership and put the market in the hands of the many, …
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