This week the Prime Minister was out banging the drum for an artificial intelligence (AI) revolution in Britain. It is paradoxical that Herald Investment Trust, which prides itself on tech discovery and AI, faces an existential threat in the next few days. It is the first of the seven quoted …
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Revenues rose 2.4% across Royal Mail in three months to the end of December By JANE DENTON Updated: 10:36 EST, 15 January 2025 The owner of Royal Mail said it remained on track to return to annual profit after a parcel boost over Christmas. The update was revealed as the …
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By DAILY MAIL CITY & FINANCE REPORTER Updated: 17:15 EST, 14 January 2025 The sale of Royal Mail cleared another hurdle last night after European and American regulators approved a £3.6billion takeover. International Distribution Services (IDS), which owns the postal service, said the deal has been cleared by the European …
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Alliance Pharma said its investors would receive 62.5p per share under the deal DBAY believes the cost of Alliance’s public listing impacts its long-term growth By HARRY WISE Updated: 08:44 EST, 10 January 2025 Alliance Pharma has agreed to a £350million takeover by its biggest shareholder, asset management group DBAY …
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The basic building block of a portfolio should be a global equity fund. You deposit a lump sum or contribute monthly and acquire your very own slice of the world’s starriest companies. But while this should be a long-term relationship, every new year you should still question your commitment to …
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By GEOFF HO Updated: 16:51 EST, 3 January 2025 US Steel’s £11.4billion sale to a Japanese rival has been blocked by Joe Biden on national security grounds. Shares in the American giant fell around 7 per cent in response to the outgoing US president’s decision to block the sale to …
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Senior figures line up to urge Rachel Reeves to ditch ‘pernicious tax’ Fears it is deterring investment in UK Low valuations leave companies on UK stock market vulnerable to predators By HUGO DUNCAN Updated: 21:50, 3 January 2025 Britain must axe stamp duty on share trading to revive the flagging …
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By JOHN-PAUL FORD ROJAS Updated: 17:08 EST, 2 January 2025 The pound hit its lowest level against the US dollar for nearly nine months yesterday as figures showed a ‘winter chill’ descending on UK manufacturers after Labour’s Budget. Sterling fell more than a cent to less than $1.24, its lowest …
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By DAILY MAIL CITY & FINANCE REPORTER Updated: 17:05 EST, 2 January 2025 Brompton boss Will Butler-Adams blamed a ‘really sad state of affairs’ in the global bicycle market as the wheels came off sales. Profits for the year to the end of last March were just £4,602 compared to …
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By ALEX BRUMMER FOR THE DAILY MAIL Updated: 17:05 EST, 2 January 2025 Europe has done a terrific job in unhinging itself from Russian gas supplies since the start of the Ukraine war. The Kremlin’s share of the gas market has plummeted from 35 per cent to 8 per cent as users …
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