A billionaire investor known as the “Czech sphinx” has launched a raid on Sainsbury’s – sparking speculation that Britain’s second-biggest supermarket could be targeted in a deal to take it private. Daniel Kretinsky’s firm Vesa Equity Investments has increased its stake in the grocer to almost 10pc by buying shares …
Read More »three ways to build your starter portfolio
Season three of Fantasy Fund Manager has kicked off and it’s time to pick your winning mix of British stocks. While many will favour “gut feeling” approaches, there are several time-old strategies favoured by professionals. The Telegraph’s share tipping game launched today and everyone starts with £100,000 to invest in between five …
Read More »Online bargain hunters ‘must take responsibility for falling for scams’
People must take personal responsibility to avoid falling for scams, a senior figure at UK Finance has said, as she warned that money lost to fraud was ending up in the hands of criminal gangs. Karen Baxter, who joined the banking trade body in October from her previous role as …
Read More »Police losing battle against gangs behind surge in scam messages
According to the banking industry body UK Finance, UK consumers were scammed out of a record £479 million last year, with a five per cent annual rise in money lost by customers unwittingly sanctioning payments to criminals. This included a 94 per cent increase in “impersonation scams” where criminals posing …
Read More »Sacred Mysteries: A short country walk to the rarest of churches
You should arrive at Escomb church on foot. It is such a marvellous thing – one of three complete Anglo-Saxon churches surviving – that it repays experiencing in its setting. (The other two churches are at Brixworth and Bradford-on-Avon.) I grew hungry to see it while eagerly sampling the …
Read More »the fraudsters openly advertising tailor-made online scams
Another offered a shopping list of “scam pages and live panels” for TSB at £200 a shot, Barclays at £200, Lloyd’s at £175, HSBC at £150 and Halifax for £125. Other sites touted included Ebay, Apple Pay, PayPal, EE, Netflix, DVLA, HMRC and Royal Mail. UK Finance data showed the …
Read More »Row over lockdown costs delays biggest rail reforms in 25 years
Boris Johnson and Rishi Sunak will hold crunch talks over the future of Britain’s railways next week after delaying publication of the biggest review of the train network since privatisation. Plans to publish a rail blueprint before May’s local elections have been shelved with the Treasury at loggerheads with the …
Read More »Judge rules front page Mail on Sunday apology can be smaller than Duchess of Sussex demanded
It was believed to be the first time a judge had demanded such a declaration and was described by media lawyers as “extraordinary” and “troubling.” The Duchess, 39, sued Associated Newspapers over the publication of five articles that reproduced extracts of the five-page handwritten letter. She was last month granted …
Read More »China curbs use of Tesla cars over security concerns
Video gaming in the UK was boosted by the arrival of a “new console generation” last year as the market surged to a record £7bn. Players pushed the sector’s value up 29.9pc compared to 2019 with increases across both digital and physical sales, according to a report by gaming industry body …
Read More »Royal Mail adds barcodes to stamps for first time
The barcodes are the latest in a line of efforts to help modernise Royal Mail. In October, it launched a parcel pick-up service that allowed postmen and women to collect returns from customers on their daily rounds. Royal Mail also established a partnership with a host of drone companies to …
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