Coming up today Next, says Hargreaves Lansdown’s Emilie Stevens, “remains defiant in the face of the high street storm”. The company recently bucked the sector trend by upgrading its forecasts after rising sales. The retailer – like many of its rivals – is trying to move more of its sales …
Read More »capital gains on our Income Portfolio fail to shine as Brexit fears take their toll
Questor Income Portfolio: we have a heavy domestic bias, which is doing us no favours when it comes to share prices, although our income is holding up nicely As it is the first Friday of the month we publish today our performance table for the Income Portfolio. It tells a …
Read More »CTI receives backing from UK pension schemes
Ten of the largest pension schemes in the UK have written a joint letter announcing their support for the Cost Transparency Initiative (CTI). The schemes endorsing the strategy, which includes the Royal Mail Pension Plan, Nest and the Universities Superannuation Scheme, represent over 19 million members who have more than …
Read More »McKinsey moves to new digital-savvy London home
The management consultancy McKinsey has abandoned its headquarters in London’s fusty St James’s area, as it looks to ditch its image as a provider of clipboard-wielding suits and rebrand as a digital-savvy agent of change. McKinsey has been based for the last 25 years in offices on Jermyn Street, an …
Read More »‘I’ve stopped shorting the pound and am now investing in Britain’
Hedge fund billionaire Crispin Odey has hit back at criticism that he is betting against Britain, arguing that he has ended his wager against the pound and has invested several hundred million pounds in UK companies. Mr Odey told The Sunday Telegraph that he was “no longer short on the …
Read More »‘Cliff edge’ fears for union talks send Royal Mail shares tumbling
Fears of an escalation of hostilities with workers’ unions delivered a blow to investors in Royal Mail on Tuesday. The former state postal monopoly has reached a “cliff’s edge” in its relationship with the Communication Workers Union, analysts at JP Morgan said, adding that the outcome of mediation was uncertain. Workers’ …
Read More »Postboxes sealed up over ‘security fears’ after postman loses keys
A number of Royal Mail postboxes in a rural town have been sealed up over “security fears” after a postman is believed to have lost the keys to open them. The 10 boxes on Canvey Island, in Essex, have been taken out of use following concerns that the original keys …
Read More »Uncovering my father’s role in the Great Train Robbery
Fifty six years since the Great Train Robbery, Rosa Silverman hears how one assailant’s son made a shocking discovery Danny Pembroke always knew his father was different. He didn’t look, talk or walk like other fathers. He had no social circle, did not belong to a darts team or a golf …
Read More »Tech giants threaten to pull out of UK if new regulator gets power to prosecute their bosses
Tech giants are threatening to pull out of the UK if a new law allows senior executives to be prosecuted, the Telegraph has learned. The Internet Association (IA), the official lobbying arm for companies including Google, Facebook, Twitter, Amazon and Microsoft, has warned the Government that arming a new online …
Read More »Andy Murray’s gold postbox knocked down in car accident
A postbox painted gold in honour of Andy Murray’s 2012 Olympics triumph has been knocked down by a car. Pictures on social media showed the vehicle beside the postbox lying on the ground in the tennis star’s hometown of Dunblane. One eyewitness told PA the car “rolled back and knocked the …
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