A sudden fall of 16pc in any share price is certainly cause for alarm. This is what happened to ULS Technology, a holding in our Income Portfolio, over the course of Tuesday and Wednesday this week. What is going on with this stock? At first sight the answer – and this may appear extraordinary …
Read More »Royal Mail sued by postwoman for £50,000 after dog bit off two fingers during rounds amid claims she wasn’t warned about animal
A postwoman whose fingers were bitten off by a dog as she put a card through a letterbox is suing Royal Mail for £50,000 compensation. Clare Offord, 41, had only been in the job five months when she lost chunks of two of her fingers during an attack on a route …
Read More »British fintech firm Rimilia raises $15m to boost AI payments business
A British fintech firm which uses artificial intelligence to automate payments has raised $15m from investors as it looks to fuel the growth of its business. Rimilia, a fintech firm founded in Bromsgrove in 2008, has raised money in a growth round involving a string of existing investors, including Eight …
Read More »'Royal history was made': How the papers reacted to 'Megxit'
The royal row that erupted just over a week ago moved into another phase last night after the Sussexes' withdrawal agreement was signed off by The … Source link
Read More »Posties’ union threatens fresh strike after accusing Royal Mail of declaring ‘industrial war’
Union’s leaders prepare for another ballot as it accuses company of declaring ‘industrial war’ on workers Royal Mail is facing the renewed threat of a first national postal strike in more than a decade after union leaders accused the company of declaring “industrial war” on its workers. In a letter …
Read More »our Royal Mail replacement is a more resilient business and has better scope for dividend rises
Questor Income Portfolio: a firm that offers a perennially popular form of family entertainment is a better bet than a delivery business struggling to reinvent itself Our replacement for Royal Mail, which we removed from our Income Portfolio in late November over fears that it would not make a success of its transition …
Read More »Bets against Britain pay off as profits surge at Odey’s hedge fund
Hedge fund tycoon Crispin Odey’s wager against the pound has paid off as profits at the Boris Johnson donor’s investment firm soar. Profits at Odey Asset Management rose 81pc to £16m for the year to April 2019, according to accounts seen by The Telegraph. Mr Odey is believed to have taken £3.8m …
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
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